Sep, 30, 2025 — DEPARTMENT OF THE INTERIOR FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, DC with 2 branch locations and about $274.68 million in total assets. Opened 91 years ago in 1935, DEPARTMENT OF THE INTERIOR FEDERAL CREDIT UNION has about 19,480 members and employs 39 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DEPARTMENT OF THE INTERIOR FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1849 C ST NW RM B038 WASHINGTON, DC 20240 |
| Phone: | (202) 208-3936 |
| Fax: | (202) 219-9326 |
| Website: | https://www.interiorfcu.org |
| Branches: | 2 branch locations |
| Members: | 19,480 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 319 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $274,684,674 |
| CEO/Manager: | Michael Merryman |
| Chairperson: | Mark Davis |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 30,089,366 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 851,199 |
| Real Estate Loans | 146,451,089 |
| Unsecured Loans | 42,558,634 |
| Other Loans | 27,316,411 |
| TOTAL LOANS | 216,326,134 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,307,688 |
| Land And Building | 0 |
| Other Fixed Assets | 112,140 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,323,947 |
| All Other Assets | 177,228 |
| TOTAL ASSETS | 274,684,674 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 378,835 |
| Notes & Interest Payable | 6,000,000 |
| Accounts Payable & Other Liabilities | 2,489,984 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 41,690,625 |
| Regular shares | 54,434,936 |
| All Other Shares & Deposits | 152,847,643 |
| TOTAL SHARES & DEPOSITS | 248,973,203 |
| TOTAL LIABILITIES | 257,842,022 |
| Regular Reserve | 0 |
| Other Reserves | -2,846,963 |
| Undivided Earnings | 19,689,615 |
| TOTAL EQUITY | 16,842,652 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 274,684,674 |
| INCOME & EXPENSE | |
| Loan Income | 9,780,198 |
| Investment Income | 1,304,014 |
| Other Income | 840,577 |
| Total Employee Compensation & Benefits | 3,296,442 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,771,511 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,252,905 |
| Cost of Funds | 4,094,168 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -1,634,184 |
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