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Dept of Labor Credit Union Share
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Overview Share
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Dept of Labor Credit Union is a federal credit union based in Washington, District of Columbia. It has been opened since 1935, for 87 years.

With around $89,640,000 in assets, Dept of Labor Credit Union is considered to be a large credit union.

About Share
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Address 200 Constitution Avenue Nw, Room S-322
Washington, District of Columbia 20210
Website http://www.dolfcu.org
Phone (202) 789-2901
Fax (202) 408-8253
CEO Joan M. Moran
President of the Board Alberta Baker
Services Offered
Score Card Share
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87 years
Years in business
Opened in 1935
Well Capitalized
Net worth classification
Source: NCUA
6,957 members
Membership type: Multiple common bond – primary federal, state, local government
Above average number of members
386:1
Credit union member to staff ratio
386 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$89,641,403
Total assets
Above average
2 branches
Compared with an average of 4 nationally and 2 in District of Columbia
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
9.66%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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2 branches
Compared with an average of 4 nationally and 2 in District of Columbia
Above average number of branches
Dept of Labor Credit Union Branch Locations

Dept of Labor Credit Union: Fpb Office
200 Constitution Avenue NW
Room S-3220
Washington, District of Columbia 20210
No ATM
Dept of Labor Credit Union: Bls Office
2 Massachusetts Avenue NE
Room 2665
Washington, District of Columbia 20212
No ATM
Members Share
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6,957 members
Membership type: Multiple common bond – primary federal, state, local government
Above average number of members

With 6,957 members, the Dept of Labor Credit Union is considered to be a large credit union. It is larger than 64% of credit unions.

Fees Share
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$123
Average fee per member
The average fee per member at the Dept of Labor Credit Union is $123, which is very high compared to most credit unions. This rate is higher than 92% 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 Dept of Labor Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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386:1
Credit union member to staff ratio
386 per each FTE employee
Compared to 411:1 nationally
Average number of staff
18 staff members
FTE (full-time equivalent)
0% of employees are part-time
18 full-time, 0 part-time

Dept of Labor Credit Union has 18 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Dept of Labor Credit Union has around 386 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets Share
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$89,641,403
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.
14.2%
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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$11,400
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 60% of credit unions.

Dept of Labor Credit Union holds a total of $50,220,000 in loans and leases, which is about $11,400 per member on average.

Savings interest rate Share
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0.10%
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. Dept of Labor Credit Union pays 0.10%.

Loan rates Share
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9.66%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
11.80%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
2.00%
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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4.54%
New car loan rate
Compared to 4.0% nationally
5.58%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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4.00%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.04%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.