Data Source: NCUA, December 31, 2016
Downey Federal Credit Union was founded in 1957. Headquartered in Downey, California, Downey Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Downey Federal Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2016, Downey Federal Credit Union services 14,958 members through its 35 full-time and 6 part-time employees. It has $205,796,329 of total assets and $24,036,467 of net worth. Based on its asset size and net worth ratio, Downey Federal Credit Union is classified as a Well Capitalized medium large credit union.
Downey Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Downey Federal Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.
The following two tables list the deplitory and loan interest rates of Downey Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in California and in the nation.
Major Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
Downey Federal Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, and ATMs. The table below lists the electronic banking services prlided by Downey Federal Credit Union.
Electronic Banking Service Offerings
As a community financial institution, Downey Federal Credit Union actively involves in local communities by prliding services such as financial education, financial literacy workshops, and first tim home buyer programs.
Community and other Service Offerings
8237 3rd St
Downey, CA 90241-3718