Transit Employees Federal Credit Union

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A short history of Transit Employees FCU

Since its inception in 1940 the Transit Employees Federal Credit Union has been serving its members in the WASHINGTON, District Of Columbia 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 RITA SMITH, the Transit Employees FCU has grown its membership to over 13,891 with assets of more than $101,487,828. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (202) 832-5100 or email them at memberservices@tefcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in WASHINGTON, DC.

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

Charter Number 3764
Address 2000 BLADENSBURG RD NE 
City WASHINGTON 
State District Of Columbia 
Zip-Code 20018
Phone Number (202) 832-5100
Fax Number (202) 529-6257
Email Address: memberservices@tefcu.org
CEO/President RITA SMITH
Members 13,891 
Full-Time Employees 29 
Part-Time Employees
Number of Branch Offices
Total Assets 101,487,828 
Website http://www.tefcu.org 

Compare Transit Employees Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
D C Fire Department CU D C FIRE DEPT FCU 2225 5TH ST NE 20024 (202) 635-0118 No 1.74
Gsa CU Branch - NW 1800 F St NW # 1211 20405 (202) 501-0677 No 2.50
District Of Columbia Teachers CU District of Columbia Teacher's Federal Credit Union 5656 3rd St NE 20011 (202) 547-4800 No 2.74
Howard University Employees CU Howard University Employees Federal Credit Union 525 Bryant St NW Rm C-102 20059 (202) 806-6128 No 2.77
Mt. Airy Baptist Church CU Main Office 1100 N Capitol St NW Fl 2 20002 (202) 789-2271 No 2.78

Transit Employees Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Transit Employees 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 8.35 6.58 9.96 4.23 6.13
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 112 526 738 172 355
Rank Among All District Of Columbia Credit Unions 2 24 25 15 18

Transit Employees Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.30 0.51 1.32 1.43
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 88 59 116 101
Rank Among All District Of Columbia Credit Unions N/A 6 4 4 2
Transit Employees Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.3501,183741,210
All Other Unsecured Loans/Lines of Credit 16.0502,3973,608,180
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.0009373,751
New Vehicle Loans 6.5802765,574,540
Used Vehicle Loans 9.9601,30417,936,955
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.2306213,401,030
Total Other Real Estate Loans/Lines of Credit 6.130474,579
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.030195588,959
TOTAL LOANS & LEASES 5,43042,299,204

Transit Employees Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 5212,328,203123,199,800
    b. 15 Years or less 8874,62200
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 2198,20500

OTHER REAL ESTATE

Closed-End Fixed Rate 241,79900
Closed-End Adjustable Rate 232,78000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 6613,475,609123,199,800

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 41,340,7240
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Transit Employees Federal Credit Union Member Offerings
First Time Homebuyer Program No
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 Yes
Check Cashing No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes