Department Of Commerce Credit Union Washington DC | Affordable Vehicle Loans & Top Checking Accounts

Introduction

Welcome to Department Of Commerce, your trusted financial partner located at 1401 Constitution Ave Nw Rm B0038A, Washington, DC 20230. Established in 1964, we have proudly served our community for nearly six decades, growing to a robust membership of over 31,000 individuals. Our mission is simple: to empower our members with accessible banking solutions and exceptional service. At Department Of Commerce, we understand that every member's financial journey is unique. That's why we offer a wide array of services tailored to meet your needs from personal banking options like checking and savings accounts to specialized loans for your auto or home. With total assets exceeding $859 million, and total deposits amounting to $36,818,031, our credit union stands strong, ensuring your money is safe and working for you. While members can visit us at our branch location, official correspondence should be sent to P.O. Box 14720, Washington, DC 20044. Our dedicated team, led by CEO Patrick Collins and Board President Brian Digiacomo, is here to support you with any inquiries or assistance you may need. We take pride in our commitment to the community whether it's providing competitive loan rates or fostering financial literacy among our members. Our focus on building lasting relationships means you can count on us not just as a bank but as an integral part of your financial wellbeing. Ready to take the next step? Feel free to call us at 202-808-3600 or visit our website at docfcu.org to learn more about how we can help you achieve your financial goals. Join us today and experience the difference of being a member of the Department Of Commerce family!

Branch History & Mission

Join Us Today

As we look ahead, we invite you to become part of the Department Of Commerce family. Experience firsthand how we blend tradition with innovation, all while keeping our community at the forefront of what we do. Whether you're looking for personal banking solutions or want to join us in making a difference in our neighborhood, we're here for you. Come visit us or reach out via phone at (202) 808-3600. Together, let's build a brighter financial future!

Modern Banking Experience

In today's fast-paced world, we understand the importance of convenience. That's why Department Of Commerce embraces technology to enhance your banking experience. Whether you prefer online banking or mobile payments, we ensure that accessing your accounts is simple and secure. Our dedicated team is also here during our operating hours from 8:30 AM to 3:30 PM, ready to assist you with any questions or concerns. While you can visit us at 1401 Constitution Ave Nw Rm B0038A Washington Dc 20230, official correspondence should be sent to P.O. Box 14720, Washington, DC 20044 if different from your visit location. Our ATM availability adds another layer of convenience, ensuring you can manage your finances whenever needed.

Our Mission

At Department Of Commerce, our mission is clear: we aim to empower our members through exceptional financial services while supporting local initiatives that enhance community well-being. We believe that by providing personalized banking solutions ranging from checking and savings accounts to auto loans and mortgages we can help our members achieve their financial goals. Our commitment extends beyond just banking; we actively participate in community outreach efforts that uplift those around us. By partnering with local organizations and engaging in volunteer activities, we strive to make a positive impact in Washington and its surroundings.

Branch Location & Accessibility

Accessibility and Features

Our branch is designed with your convenience in mind. We offer accessible parking options, ensuring that all members can visit us easily. Inside, you'll find features that comply with ADA standards, including ramps and spacious entryways. While we don't have drive-thru services, our friendly staff is always ready to assist you during lobby hours.

Call to Action

We invite you to visit us at our Washington location or give us a call at 202-808-3600 for any inquiries. If you're interested in becoming a member, feel free to explore our offerings online at docfcu.org. We look forward to serving you!

Operating Hours

We are open Monday through Friday from 8:30 AM to 3:30 PM. Whether you need assistance opening a new account or managing existing services like auto loans and credit cards, our team is here to help during these hours.

Services Offered

The Department Of Commerce branch provides a range of services tailored to meet your financial needs. From personal banking solutions like checking and savings accounts to auto loans and mortgage refinancing, we are committed to supporting your financial journey. Plus, with ATM availability on-site, cash withdrawal is just a step away.

Member Eligibility

Becoming a member of Department Of Commerce is like joining a family that truly cares about your financial well-being. We welcome individuals who are part of the Department of Commerce, its employees, and their family members. This means if you work in any capacity at the Department or have loved ones who do, you're already eligible! You can find all the details about our membership criteria on our website at http://www.docfcu.org/about/#member-eligibility , where we explain everything in a straightforward way. Once you see that you qualify, opening an account with us is a breeze. Just visit us at https://www.docfcuonline.com/tob/live/usp-core/app/register , and you'll be on your way to enjoying the many benefits we offer, such as lower fees and better rates compared to traditional banks. If you have any questions or need assistance, feel free to call us at (202) 808-3600. We're here to help you every step of the way!

Business Banking & Commercial Services

Practical Merchant Services

In addition to loans, we offer merchant services designed to simplify transactions for your business. Picture this: seamless payment processing that allows you to focus on what you do best running your business. Our merchant solutions provide everything from point-of-sale systems to online payment options, ensuring your customers have a smooth experience every time they shop. Located conveniently at 1401 Constitution Ave Nw Rm B0038A Washington Dc 20230 in Washington, DC, we are ready to help your business thrive. Reach out at (202) 808-3600 or visit us online at https://www.docfcu.org/ to learn more about how we can support your goals!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Access When You Need It

We also provide ATM & Cash Withdrawal Services at various locations so you can access your funds when you need them most. With Basic ATM Access available for Withdrawals and Balance Checks, getting cash is simple and straightforward. With all these services under one roof, Department Of Commerce is here to support every step of your financial journey. Whether you're visiting us in person or utilizing our digital banking tools, we're committed to making your experience smooth and enjoyable. If you're ready to explore what we can do for you or if you have questions about any of our services, please don't hesitate to reach out! Call us at (202) 808-3600 or visit us online at Main Office. Join us today and discover how Department Of Commerce can help enhance your financial well-being!

Business Banking Services

If you're a business owner, we understand how important it is to manage your cash flow effectively. That's why we offer comprehensive Business Banking solutions, including Merchant Services and Business Loans tailored to support your growth. We strive to be your trusted partner in navigating the financial landscape of running a business.

Digital Banking Convenience

In today's fast-paced world, convenience matters. That's why Department Of Commerce offers robust Online & Mobile Banking features that allow you to manage your accounts anytime, anywhere. From simple tasks like checking your balance or making transfers to more advanced features like Person-to-Person payments, our digital tools empower you to take control of your finances with ease.

Personal Banking Solutions

Managing personal finances can sometimes feel overwhelming, but at Department Of Commerce, we simplify it with our Personal Banking services. Our Checking & Savings Accounts are perfect for everyday transactions and saving for future goals. If you're considering buying a new car or need financing for your vehicle, our Auto Loans & Vehicle Financing options come with competitive rates that help you get on the road without breaking the bank. Homeownership is also within reach with our Mortgage Loans & Refinancing services, offering flexible terms to fit your budget. For those unexpected expenses or consolidating debt, our Personal Loans can provide the financial relief you need. Plus, don't forget about our Credit Cards with Rewards that allow you to earn while you spend!

Digital & Online Banking

24/7 Online Banking Services

With our robust online banking platform, accessible at https://www.docfcu.org/ , you can check your account balances, pay bills, and transfer funds all from the comfort of your home or on the go. Our user-friendly interface is designed for simplicity, ensuring that even those new to online banking can navigate it with ease.

E-Statements and Electronic Signature Authorization

Going paperless has never been easier! We provide e-statements, allowing you to view your account statements electronically. This not only saves paper but also makes it simpler to keep track of your finances. Plus, with electronic signature authorization available, signing documents securely online is quick and hassle-free.

Mobile Application and Payments

Stay connected with our mobile application, which puts your banking needs right at your fingertips. You can access all your accounts, make mobile payments, and even utilize person-to-person transfers effortlessly. Whether you're grabbing coffee or running errands, our mobile features ensure you always have control over your money.

Security First

We prioritize the security of your financial information. Our systems are equipped with advanced security measures to protect against unauthorized access while providing peace of mind so you can bank confidently. At Department Of Commerce, we strive to bring you the best in digital banking services that cater to your lifestyle. Experience the freedom and flexibility of managing your finances online today!

Financial Strength

Commitment to Growth and Innovation

With $30,398,025 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors, with $1,261 in used auto loans and $745,861,861 in total loans and leases.

Dedicated Team Ready to Assist

Our team plays an essential role in our success. We take pride in having 99 full-time employees who are dedicated to serving you with knowledge and commitment. This ensures that when you reach out for assistance or guidance, you're met with friendly faces ready to help.

Member-Centric Savings Options

Members' savings are secured through $362,931,795 in share certificates and $62,505,563 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $97,630,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Solid Financial Foundation

With a net worth of $66,959,671, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $764 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Your Partner in Financial Success

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. With a growing member base of 58,811, it's clear that our community trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Department Of Commerce is your trusted partner. Visit us at 1401 Constitution Ave Nw Rm B0038A Washington Dc 20230 or call (202) 808-3600 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $26,275,839 in used vehicle loans and $4,032,763 in new vehicle loans already helping members get on the road. We make it easy for you to finance your next vehicle, whether it's new or used.

Credit Cards

We also offer flexible terms on unsecured credit card loans, with a total of $10,926,052 in loans helping members manage their finances effectively. This option allows you to make purchases confidently while enjoying rewards and benefits.

Credit Lines

For those needing extra flexibility, our credit lines totaling $279,690,868 are available for unexpected expenses or planned purchases. These lines provide easy access to cash when you need it most. If you're considering refinancing any existing loans, we have options available that could lower your payments or shorten your loan term. Visit us at 1401 Constitution Ave Nw Rm B0038A Washington Dc 20230 in Washington, DC, or give us a call at (202) 808-3600 to learn more about our loan products and how they can benefit you. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Let us help you take the next step towards achieving your financial dreams!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $141,342,894, make buying or refinancing simple. We can guide you through the process to ensure you find the right solution for your housing needs.

Loan Aggregator

Benefits of Using LendMesh

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How LendMesh Ensures Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This commitment ensures that users receive fair and transparent offers without hidden surprises.

DEPARTMENT OF COMMERCE FEDERAL CREDIT UNION - Washington, DC