Fedchoice Federal Credit Union

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A short history of Fedchoice FCU

Since its inception in 1935 the Fedchoice Federal Credit Union has been serving its members in the Lanham, Maryland area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by David Bunch, Jr, the Fedchoice FCU has grown its membership to over 23,732 with assets of more than $394,297,708. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (301) 699-6100 or email them at financialadvisorycentergroup@fedchoice.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Lanham, MD.

General Information For Fedchoice FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 150
Address 10001 Willowdale Road 
City Lanham 
State Maryland 
Zip-Code 20706
Phone Number (301) 699-6100
Fax Number () -
Email Address: financialadvisorycentergroup@fedchoice.org
CEO/President David Bunch, Jr
Members 23,732 
Full-Time Employees 85 
Part-Time Employees
Number of Branch Offices
Total Assets 394,297,708 
Website http://www.fedchoice.org 

Compare Fedchoice Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Afl Cio Employees CU 815 16th Streeet 815 16th St NW 20006 (301) 683-2798 No 1.15
I B E W 26 CU Corporate Office 4371 Parliament Pl Ste C 20706 (301) 306-0610 No 1.23
Money One CU BRANCH 6107 Greenbelt Rd 20740 (301) 486-7315 No 1.74
Educational Systems CU Annapolis 2625 Riva Rd Ste C 21401 (301) 779-8500 No 2.52
Greenbelt CU Greenbelt Federal Credit Union 112 Centerway 20770 (301) 474-5900 No 3.03

Fedchoice Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Fedchoice Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 7.50 1.99 1.99 3.50 3.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 64 34 21 72 56
Rank Among All Maryland Credit Unions 2 5 3 6 7

Fedchoice Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.15 0.30 0.60 0.40
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 119 97 240 243
Rank Among All Maryland Credit Unions N/A 17 15 32 21
Fedchoice Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 7.5007,08325,182,417
All Other Unsecured Loans/Lines of Credit 15.9806,20617,040,389
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.33078358,765
New Vehicle Loans 1.99079916,239,478
Used Vehicle Loans 1.9901,83825,873,713
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.5009527,844,689
Total Other Real Estate Loans/Lines of Credit 3.50077331,350,861
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.15012022,993,326
TOTAL LOANS & LEASES 16,992166,883,638

Fedchoice Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 6811,975,6435895,000
    b. 15 Years or less 11878,30500
    a. > 15 years 34,027,59500
    b. 15 Years or less 1210,879,20700
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 183,93900
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 32913,158,600301,820,656
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 44418,192,26121570,516
Open-End Fixed Rate 0000
TOTALS 86859,195,550563,286,172


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 1166,264,111150,218
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Fedchoice Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes