Business Details
Your Trusted Financial Partner in Washington, DC
D.C. Teachers' Federal Credit Union is a not-for-profit, member-owned financial institution dedicated to providing accessible, community-focused financial services. Established to serve the educational community and their families, we offer a comprehensive range of savings accounts, loans, and digital banking solutions designed to meet diverse financial needs. Our member-centric approach ensures competitive rates on savings accounts, certificates, and loans, including auto financing and credit cards, while prioritizing financial education and security. With two local branches and access to thousands of surcharge-free ATMs nationwide, we combine convenience with personalized service. Our commitment to transparency is reflected in our federally insured deposits, detailed fee schedules, and flexible programs like Skip-A-Payment to support members during financial challenges.Governed by an elected board, we reinvest earnings to enhance member benefits rather than distribute profits. Through mobile banking apps and 24/7 online access, we empower members to manage accounts securely from anywhere. Our security measures include NCUA insurance up to $250,000 per account and additional protections against fraud. We emphasize financial literacy through resources like Christmas Club accounts for holiday savings and youth programs to foster early financial responsibility. By maintaining low-cost checking services and overdraft protection plans, we aim to build long-term trust and economic resilience within our community.
Services
Share Savings Account
Vehicle Loans
Visa Credit Card
Free Checking
Money Market Accounts
IRA Accounts
Christmas Club Account
Home Equity Loans
Online Banking
Mobile Banking
Highlights and features
- We operate as a not-for-profit, returning earnings to members through better rates.
- Our federally insured accounts protect deposits up to $250,000 via NCUA.
- We offer flexible loan programs like Skip-A-Payment for financial flexibility.
- Access 85,000 surcharge-free ATMs nationwide for convenient banking.
- Our board is elected by members, ensuring community-driven decision-making.
Associations and certifications
- National Credit Union Administration (NCUA)
What people say
Excellent service
Quick resolution
Fantastic group
Great rates
Member-focused
Services
Share Savings Account
A foundational account requiring a $100 minimum to open, offering dividends and access to all credit union services. Ideal for building savings while maintaining liquidity. Members earn competitive, variable rates determined by the board.
Vehicle Loans
Low-rate loans for new and used vehicles with terms from 24 to 84 months. APRs start at 4.59% for new cars and 5.00% for used vehicles. Pre-approval options simplify the car-buying process.
Visa Credit Card
Two options available: Classic and Secured Cards. Features include no annual fee, fraud protection, and rewards programs. Secured cards help build credit with a deposit requirement.
Christmas Club Account
A seasonal savings plan allowing automatic deposits throughout the year. Funds are released by October 15 to cover holiday expenses. Encourages disciplined saving with no fees.
Online Banking
24/7 access to account management, bill pay, transfers, and eStatements. Secure platform with mobile app integration for remote check deposits and card controls.
Questions
How do I become a member?
Membership is open to educators, staff, and families in Washington, DC. Visit a branch or apply online with a $100 minimum deposit.
What loan types are available?
We offer auto loans, home equity loans, personal loans, credit cards, and education loans with competitive rates and flexible terms.
Are my deposits insured?
Yes, all savings and checking accounts are insured up to $250,000 by the National Credit Union Administration (NCUA).
Do you offer mobile banking?
Yes, download our mobile app for iPhone or Android to manage accounts, deposit checks, and control card settings remotely.
Can I skip a loan payment?
Our Skip-A-Payment program allows one skipped monthly payment annually for qualifying loans, providing temporary financial relief.
What are your branch hours?
Main office hours are Monday-Friday 9:30 AM - 4:30 PM. Two local branches and 85,000 surcharge-free ATMs nationwide are available.