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Democracy Credit Union Share
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Overview Share
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Democracy Credit Union is a federal credit union based in Alexandria, Virginia. It has been opened since 1936, for 86 years.

With around $147,090,000 in assets, Democracy Credit Union is considered to be a large credit union. It has 5 branches and 4 ATM locations.

About Share
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Address P.O. Box 25516
Alexandria, Virginia 22313
Website http://www.democracyfcu.org
Phone (202) 488-5400
Fax (703) 548-5279
CEO Ken Cahoon
President of the Board Patricia Ellis
Services Offered
Score Card Share
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86 years
Years in business
Opened in 1936
Well Capitalized
Net worth classification
Source: NCUA
14,417 members
Membership type: Multiple common bond – primary federal, state, local government
Above average number of members
313:1
Credit union member to staff ratio
313 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$147,092,268
Total assets
Above average
5 branches
Compared with an average of 4 nationally and 4 in Virginia
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
12.86%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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5 branches
Compared with an average of 4 nationally and 4 in Virginia
Above average number of branches
Democracy Credit Union Branch Locations

Democracy Credit Union: Philadelphia
300 Spring Garden Street
Philadelphia, Pennsylvania 19123
ATM Available
Democracy Credit Union: Alexandria
400 North Columbus Street
Alexandria, Virginia 22314
No ATM
Democracy Credit Union: Alexandria
400 North Columbus Street
Alexandria, Virginia 22314
No ATM
Democracy Credit Union: Silver Hill
5720 Silver Hill Road
District Heights, Maryland 20747
ATM Available
Democracy Credit Union: Dc/Main Office
200 Independence Avenue SW
Washington, District of Columbia 20201
ATM Available
Democracy Credit Union: Skyline
5107 Leesburg Pike
Falls Church, Virginia 22041
ATM Available
Members Share
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14,417 members
Membership type: Multiple common bond – primary federal, state, local government
Above average number of members

With 14,417 members, the Democracy Credit Union is considered to be a large credit union. It is larger than 77% of credit unions.

Fees Share
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$122
Average fee per member
The average fee per member at the Democracy Credit Union is $122, which is very high compared to most credit unions. This rate is higher than 91% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Democracy Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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313:1
Credit union member to staff ratio
313 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
46 staff members
FTE (full-time equivalent)
8% of employees are part-time
44 full-time, 4 part-time

Democracy Credit Union has 44 full-time staff members and 4 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 92% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Democracy Credit Union has around 313 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets Share
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$147,092,268
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
11.1%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$13,993
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 76% of credit unions.

Democracy Credit Union holds a total of $84,060,000 in loans and leases, which is about $13,993 per member on average.

Savings interest rate Share
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0.05%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Democracy Credit Union pays 0.05%.

Loan rates Share
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12.86%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
11.25%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
3.85%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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3.18%
New car loan rate
Compared to 4.0% nationally
4.62%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.41%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
3.87%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Similar Credit Unions to Democracy Credit Union

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Democracy Credit Union: Philadelphia ATM
Credit Union ATM: 300 Spring Garden Street
Philadelphia, Pennsylvania 19123
Democracy Credit Union: Dc/Main Office ATM
Credit Union ATM: 200 Independence Avenue SW
Washington, District of Columbia 20201
Democracy Credit Union: Silver Hill ATM
Credit Union ATM: 5720 Silver Hill Road
District Heights, Maryland 20747
Democracy Credit Union: Silver Hill
Credit Union Branch: 5720 Silver Hill Road
District Heights, Maryland 20747 ATM Available
Democracy Credit Union: Alexandria
Credit Union Branch: 400 North Columbus Street
Alexandria, Virginia 22314 No ATM
Democracy Credit Union: Skyline ATM
Credit Union ATM: 5107 Leesburg Pike
Falls Church, Virginia 22041
Democracy Credit Union: Philadelphia
Credit Union Branch: 300 Spring Garden Street
Philadelphia, Pennsylvania 19123 ATM Available
Democracy Credit Union: Alexandria
Credit Union Branch: 400 North Columbus Street
Alexandria, Virginia 22314 No ATM
Democracy Credit Union: Skyline
Credit Union Branch: 5107 Leesburg Pike
Falls Church, Virginia 22041 ATM Available
Democracy Credit Union: Dc/Main Office
Credit Union Branch: 200 Independence Avenue SW
Washington, District of Columbia 20201 ATM Available