FedChoice Credit Union Washington DC | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Fedchoice, your trusted partner in financial well-being, located at 1111 Constitution Ave Rm 1716, Washington, DC 20224. Since our establishment in 1935, we have been dedicated to serving our community with a focus on trust and reliability. With over 24,761 members, we take pride in offering personalized services designed to meet your unique needs. At Fedchoice, our total assets amount to an impressive $439,665,062, demonstrating our strong financial foundation. We manage a total of 17,295 loans and leases, ensuring that we have the resources to support our members' dreams from buying a car to securing a home. Our commitment to you is evident in our total deposits of $25,869,233 and a net worth of $41,363,149, reflecting our stability and growth over the years. Under the leadership of CEO Brett Noll and Board President Arthur Altman, we strive to enhance your banking experience. Our dedicated team of 84 employees is here to assist you with everything from personal banking services like checking and savings accounts to auto loans and business financing. While members can visit us at our branch location, official correspondence should be sent to 10001 Willowdale Rd, Lanham, MD 20706-4321. If you have any questions or need assistance, feel free to reach out at 301-699-6100 during our lobby hours from 9:00 AM to 4:00 PM (Monday - Friday). Join us at Fedchoice today and discover how we can help you achieve your financial goals! Visit us online at Fedchoice.org for more information or start your membership journey here. Your financial future awaits!

Branch History & Mission

At Fedchoice, located at 1111 Constitution Ave Rm 1716, Washington, DC 20224, we are proud to share our story that began in 1935. Over the years, we have grown from a small credit union into a thriving financial institution with over 24,000 members and total assets exceeding $439 million. Our journey reflects our commitment to not just serving our members but enriching the community around us. Our mission is simple yet profound: to provide personalized financial services while promoting financial literacy and well-being. We believe that everyone deserves access to quality banking options, which is why we offer a wide range of services including checking and savings accounts, auto loans, mortgages, personal loans, and business banking solutions. Each service is designed to support our members' financial goals and aspirations. While members can visit us at our branch location in Washington, DC, official correspondence should be sent to our mailing address at 10001 Willowdale Rd, Lanham, MD 20706-4321. Our branch hours are Monday through Friday from 9:00 AM to 4:00 PM, making it easy for you to stop by when it suits your schedule. We pride ourselves on being more than just a bank; we are an integral part of the local community. Our outreach efforts include partnerships with local organizations and initiatives aimed at improving financial literacy among residents. Additionally, we strive to keep up with technological advancements that make banking easier for everyone. With services like online banking and mobile applications available, managing your finances has never been simpler. Our facilities are designed with accessibility in mind, ensuring that all members of the community can utilize our services comfortably. We also provide ATM availability for those who prefer quick transactions on the go. As we look forward to the future, we invite you to become part of our ever-growing family at Fedchoice. Join us today and experience firsthand how we prioritize your financial needs while fostering a supportive community atmosphere. Together, let's build a brighter financial future!

Branch Location & Accessibility

A Convenient Spot

Situated near notable landmarks, such as the National Mall and the U.S. Capitol, our branch is not only easy to find but also surrounded by vibrant city life. Parking is available nearby, making it simple to stop by without any hassle. We are committed to accessibility for all members, with features in place to ensure everyone can visit comfortably.

Friendly Hours and Services

We are open Monday through Friday from 9:00 AM to 4:00 PM, allowing you plenty of time during the week to come in and meet with our helpful staff. While we don't have a drive-thru service, we do offer an ATM on-site for quick cash withdrawals and balance checks. At Fedchoice, we pride ourselves on offering a variety of services tailored to fit your needs. From checking and savings accounts to auto loans and personal financing options, we're here to help you achieve your financial goals. If you need assistance or have questions about our services, don't hesitate to give us a call at 301-699-6100.

Join Us Today!

While members can visit us at 1111 Constitution Ave Rm 1716, official correspondence should be sent to 10001 Willowdale Rd, Lanham, MD 20706-4321 if you're looking to reach us by mail. We invite you to stop by our branch or contact us today! Experience the welcoming atmosphere at Fedchoice where your financial well-being is our priority.

Member Eligibility

Joining the Fedchoice community is like stepping into a supportive family where your financial well-being comes first. To become a member, you just need to meet a few simple criteria. If you live, work, or worship in the District of Columbia, or if you're affiliated with certain organizations, you're likely eligible to join us. We believe in making banking accessible for everyone, so we invite you to check out the detailed eligibility requirements at this link. Once you've confirmed your eligibility, opening an account is a breeze! You can find all the necessary steps for setting up your account at this page. If you have any questions or need assistance, don't hesitate to give us a call at 301-699-6100. We're here to help you every step of the way as you take this exciting step towards financial empowerment!

Business Banking & Commercial Services

At Fedchoice, we understand the unique challenges that business owners face. Whether you are just starting or looking to expand, having the right financial support can make all the difference in your journey. Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $11 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $35 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $9,844,617, we continue to drive economic growth by financing new and expanding businesses. In addition to loans, we offer merchant services that can streamline your operations. Imagine processing payments seamlessly while managing inventory and sales reports all in one place. Our services help you focus more on growing your business and less on paperwork. Located at 1111 Constitution Ave Rm 1716 Washington Dc 20224 in Washington, DC, our dedicated team is ready to assist you with tailored financial solutions. Call us at (301) 699-6100 today to learn how we can support your business!

Comprehensive List Of Services

Business Banking Services

For small business owners, we understand that running a business is no easy task. That's why we offer comprehensive Business Banking services, including Merchant Services & Business Loans designed to help you grow and thrive in today's competitive market.

Convenience at Your Fingertips

Accessing your accounts has never been easier. With our Online & Mobile Banking, you can handle transactions on-the-go. Need cash? Our ATM services allow for easy cash withdrawals and balance checks whenever you need them. At Fedchoice, we're more than just a financial institution; we're a partner in your financial journey. Whether you're an individual looking to manage your finances better or a business seeking growth opportunities, we've got the tools and support you need. To learn more about how we can serve you, don't hesitate to reach out! Call us at (301) 699-6100 or visit us online at National Financial Service Center. We look forward to welcoming you as a member!

Financial Solutions

Life can be unpredictable, and sometimes you need extra help. That's where our Personal Loans & Debt Consolidation products come in handy. Whether it's managing unexpected expenses or consolidating debt into manageable payments, we are here to assist you every step of the way. If you're looking to build credit or earn rewards on your spending, consider our Credit Cards with Rewards. They offer great benefits while helping you manage your finances effectively.

Personal Banking Services

Whether you're opening your first checking account or looking for ways to save for the future, our personal banking services are designed for you. We offer Checking & Savings Accounts that help you manage your day-to-day finances easily. Imagine having all your transactions at your fingertips with our online and mobile banking options, making it simple to check balances, transfer funds, or pay bills from anywhere. For those considering a new vehicle, our Auto Loans & Vehicle Financing options come with competitive rates and flexible terms. You can drive away in your dream car without breaking the bank. Plus, if you're thinking about buying a home, our Mortgage Loans & Refinancing services provide you with the guidance and support needed to make informed decisions.

Digital & Online Banking

24/7 Access

With our commitment to providing 24/7 online banking services, you never have to worry about banking hours. Need to check your balance late at night? No problem! Plus, we're continually working on improving our systems so you can enjoy a user-friendly experience every time. At Fedchoice, we're dedicated to helping you manage your money easily and securely because when it comes to your finances, you deserve nothing less than the best!

Key Features

For those who prefer managing their finances via mobile devices, our mobile application makes banking even easier. With this app, you have real-time access to your accounts right at your fingertips. Want to send money to a friend? Our person-to-person transfers feature allows you to do just that quickly and securely. Additionally, if you're tired of paper statements cluttering your mailbox, you'll be pleased to know that we provide e-statements. This service not only reduces paper waste but also offers a secure way to keep track of your financial history. Security is always top of mind for us. Our electronic signature authorization feature ensures that all online transactions are safe and authenticated. Rest easy knowing that your personal information is well-protected while using our services.

Financial Strength

Commitment to Growth

With $40,957,002 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 your financial goals across various sectors with $1,339 in used auto loans and $276,271,681 in total loans and leases.

Growing Member Base

Total Share and Deposit Accounts: 48,710, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $0. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Fedchoice is your trusted partner. Visit us at 1111 Constitution Ave Rm 1716 Washington Dc 20224 or call (301) 699-6100 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 83 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Options

Members' savings are secured through $57,909,768 in share certificates and $94,667,089 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, 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 $41,363,149, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $940 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. We've already assisted members with $42,522,986 in new vehicle loans and $25,082,651 in used vehicle loans helping them get on the road with confidence. Whether you're interested in financing a brand-new model or a reliable used vehicle, we have options that fit your budget and lifestyle.

Business Loans

For business owners looking to expand or invest in new opportunities, our outstanding commercial loans totaling $9,844,617 provide the capital needed to grow your enterprise. We are committed to supporting local businesses and helping them thrive. At Fedchoice, we believe everyone should have access to fair and affordable lending options. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. Whether you're ready to take the next step towards buying a car or home or need assistance with personal financing solutions like credit cards or business loans, we're here to help every step of the way! Visit us online at Fedchoice for more information or reach out directly via phone at 301-699-6100.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $46,298,618, allowing you to navigate the home-buying process with ease. If you're considering refinancing your existing mortgage, we can help you find terms that work for you.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans. With a total of $17,547,932 in loans helping members manage their finances effectively, our credit cards come with rewards and benefits that can enhance your purchasing power while keeping your budget on track.

Loan Aggregator

Accurate Loan 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 means every loan offer you see is backed by legitimate financial institutions committed to fair lending practices.

Benefits of Using LendMesh

Verified Data: All loan offers are sourced from credible financial organizations. This guarantees that the information provided is accurate and clear, helping users feel confident in their choices. No Sponsored Listings: Unlike many comparison tools, LendMesh does not prioritize lenders based on paid promotions. The goal here is simple: provide unbiased results so users can make informed decisions without any hidden agendas. Real-Time Rate Comparisons: Users can access up-to-date loan rates from multiple institutions. This feature allows for quick comparisons, ensuring that you find the best possible rates available at any given moment. Thousands of users trust LendMesh for their loan comparisons. One satisfied member shared their experience: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials highlight the platform's effectiveness in helping individuals save money. Ready to take control of your borrowing options? Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

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