Credit Unions | Washington DC Credit Unions

Geico Federal Credit Union:

Geico Federal Credit Union was chartered in 1950 and its charter number is 6912. Geico Federal Credit Union's address registered with the NCUA is 5260 WESTERN AVENUE, WASHINGTON, DC 20076. As of 10/24/06, Geico FCU reported $71,064,481 in assets. The credit union currently has 12,833 members. It's Manager/CEO is Linda S. Coffie. The credit unions website is www.geicofcu.org

Geico Federal Credit Union is a member of the District of Columbia Credit Union League.

GEICO Credit Union Financial Evaluation

As of December 31, 2006 Total Assets: $73,179,665 Total Loans: $56,893,314 Net Worth Ratio: 9.93 % Share Growth: 18.44 % Loan Growth: 4.7 Loans/Assets Ratio: 77.74 Investment/Assets Ratio: 19.59 Number of Members: 12,782 Number of Full-time Employees: 39	In the year of 2006, GEICO Credit Union assets increased by 0.08% and its membership increased by 0.01%. GEICO CU's membership increased by a total of 87 members. Assets increased by the amount of $5,652,112. The total loan amounts went from $54,334,472 in 2005 to $56,893,314 in 2006. Their net worth ratio increased to 9.93. GEICO CU increased their job opportunities to 39 by adding 1 employee.
As of December 31, 2005 Total Assets: $67,527,553 Total Loans: $54,334,472 Net Worth Ratio: 9.66 % Share Growth: 7.53 % Loan Growth: 48.64 Loans/Assets Ratio: 80.46 Investment/Assets Ratio: 16.82 Number of Members: 12,695 Number of Full-time Employees: 38	In the year of 2005, GEICO Credit Union assets increased by 0.11% and its membership decreased by 0.02%. GEICO CU's membership decreased by a total of 260 members. Assets increased by the amount of $7,367,819. The total loan amounts went from $36,553,577 in 2004 to $54,334,472 in 2005. Their net worth ratio decreased slightly to 9.66. GEICO CU increased their job opportunities to 38 by adding 1 employee.
As of December 31, 2004 Total Assets: $60,159,734 Total Loans: $36,553,577 Net Worth Ratio: 9.95 % Share Growth: 0.42 % Loan Growth: 62.38 Loans/Assets Ratio: 60.76 Investment/Assets Ratio: 36.35 Number of Members: 12,955 Number of Full-time Employees: 37

In Washington DC, this credit union competes with Navy Federal Credit Union, Pentagon Federal Credit Union, and other credit unions for your business.

Other Credit Unions:

Hospitality Community FCU is headquartered at 1114 H Street NE, Washington, DC 20002.
Windsor Locks Federal Credit Union is available to anyone who lives, works, worships, or goes to school in any of the towns in Hartford County.
Nutmeg State FCU offers financial services to many companys and their employees and families who live in Hartford County, Middlesex County, or Tolland County, Connecticut.
Arizona Grocers Credit Union (1) serves any resident who lives, works or worships in Central, North and Northwest Phoenix.
Snowflake Mills Federal Credit Union is headquartered in Snowflake, Arizona.

Credit Union News:

Be on alert for scam email from Martinsville Dupont Credit Union
WDBJ 7 Roanoke - Feb 8, 2008
A Henry County resident received a suspicious email Thursday requesting personal banking information from Martinsville Dupont Credit Union. The Henry County Sheriff's Office says the email and website provided are fake, and recipients should not respond to it.

Full Story: http://www.wdbj7.com/Global/story.asp?S=7846898

(AFX UK Focus) 2008-02-06 04:11 GMT: US Central Federal Credit Union cut to 'AA+', on negative watch - S&P
Interactive Investor - Feb 5, 2008
MUMBAI (Thomson Financial) - Standard & Poor's Rating Services downgraded the US Central Federal Credit Union (USC), and signalled a further possible downgrade, citing mounting concerns regarding USC's exposure to losses from its large portfolio of higher-risk subprime and Alt-A mortgage-backed securities (MBS).

Full Story: http://www.iii.co.uk/news/%3ftype=afxnews%26articleid=6532828%26subject=companies%26action=article

Seattle-based Watermark Credit Union Launches Payday Freedom to Break the Payday Loan Cycle
PRWeb - Feb 5, 2008
Seattle-based Watermark Credit Union is excited to announce the launch of its Payday Freedom product, designed to help its members break the payday loan cycle.

Full Story: http://www.bizjournals.com/twincities/stories/2008/02/04/daily21.html%3fana=from_rss

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