Credit union · NCUA insured
Transit Employees Federal Credit Union
A $94.6M credit union headquartered in Greenbelt, MD, with 12,406 members and 1 branch in District of Columbia. Best rates: CDs 0.95% and savings 1.00% APY.
Transit Employees Federal Credit Union Carrot Score
83
Carrot Score
Higher than 61% of U.S. banks and credit unions
#58 of 105 in Washington, DC-VA-MD-WV metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Transit Employees Federal Credit Union
Founded in Washington, DC in 1940 as D.C. Transit Workers Division 689 Federal Credit Union, the institution changed its name to Transit Employees Federal Credit Union in 1941.
After separating from WMATA in 2006, TEFCU merged with Railway Employees Federal Credit Union in 2008 and Hospitality Community Federal Credit Union in 2011.
The member-owned credit union focuses on serving the Washington, DC metropolitan community and its select employee groups.
- Headquarters
- 6404 Ivy Ln Ste 510, Greenbelt, MD 20770-1426
- NCUA charter
- 3764
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of Amtrak are eligible to join.
- Employees of Arlington Transit are eligible to join.
- Employees of Atlantic Services are eligible to join.
- Employees of DASH Bus are eligible to join.
- Employees of The Excel Institute & Auto Repair are eligible to join.
- Employees of Kaiser Permanente are eligible to join.
12 more ways to join
Employers and groups
- Employees of Metro Access are eligible to join.
- Employees of RTA (Formerly First Transit) are eligible to join.
- Employees of TEFCU are eligible to join.
- Employees of Transdev are eligible to join.
- Employees of Washingtonian Cab Company are eligible to join.
- Employees of Washington Metropolitan Area Transit Authority (WMATA) are eligible to join.
- Employees of Yellow Cab Company of DC are eligible to join.
Military, government and schools
- Employees of Langdon Education Campus are eligible to join.
- Employees of Pathways School Crossland Campus are eligible to join.
- Employees of Pathways School Duval Campus are eligible to join.
Family and household
- Immediate family or household members of an employee that works for one of TEFCU's Select Employee Groups (SEGs) are eligible to join.
Other ways
- Persons retired as pensioners or annuitants from eligible Select Employee Group employment or TEFCU are eligible to join.
Cost to join
- A deposit of $25.00 in a membership savings account is required to open an account.
Branches
1 branch in District of Columbia
Loading map…
District of Columbia
1 branch
- Transit Employees FCU2440 Market St NE Ste 901, Washington, DC 20018Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 19.37% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 1.21% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | -0.15% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $50 | $59 | — |
- CapitalNet worth ratio19.37%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late1.21%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets-0.15%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$50Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Transit Employees Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.