Senate Cents: A Financial Wellness Blog

Your Money is Safe at a Credit Union

Published: March 13, 2023

You can confidently join, bank and save at a federally insured credit union because no member has ever lost a single penny from accounts insured by the National Credit Union Share Insurance Fund.

Benefits of Making a Prior Year IRA Contribution

Published: March 9, 2023

If you're eligible, you can make a deductible contribution to a traditional IRA right up until this year's April 18 filing deadline and benefit from the tax savings on your 2022 return.

Ten Ways to Prepare for Retirement

Published: February 15, 2024

Achieving financial security during retirement is not a spontaneous occurrence; it necessitates meticulous planning, unwavering commitment, and, indeed, financial resources. Irrespective of your objectives, the prudent decision is to engage in saving and planning now. The Employee Benefits Security Administration (EBSA) offers ten valuable tips to assist you in your preparation.

Five Reasons to Get a Money Market

Published: February 3, 2023

Earning a competitive yield, having easy access to your money and safety are some of the top reasons to consider opening a money market account. But these aren't the only advantages of storing savings in this type of account.

The 2023 Family Car Buying Guide

Published: January 24, 2023

As we look forward to 2023, buying a family car may feel impossible - and don't get me wrong, it's hard - but there are steps you can take to make the process feel a little smoother, especially once you understand how purchasing a vehicle has changed over the last few years.

Here are 3 Crucial Things You Need to Know Before Buying a Car in 2023

Published: January 17, 2023

The U.S. Federal Reserve has been raising its benchmark interest rates aggressively to tame white-hot inflation. That has translated into higher borrowing costs - especially if you want to finance a new car. According to the automotive information website Edmunds, the average annual percentage rate for a financed new car purchase was 6.3% in October 2022, a big jump up from 4.2% in the year-ago period. In fact, we could be heading for the highest APR on new car loans since early 2009, according to Bloomberg. And that could be costly for new car buyers.

Members' Voice Testimonials

This credit union is the best, I love the customer service and you can't beat the interest rates. I'm happy to be a member of this great credit union.

- James · Locust Grove, GA

The branch manager introduced herself and was extremely helpful. She stated that if there is anything we ever need to please let her know. Very positive experience!

- Larry · Cumberland, MD

Greta was absolutely amazing - as always. She makes me and my parents feel valued and supported. We are forever grateful. [The Credit Union] has been hugely supportive over many years. And we feel known and cared for.

- Eliza · Washington, DC

Long as I have been with the credit union, I haven't had any problems. I also like the protection on my account.

- Charles · Upper Marlboro, MD

My overall experience at the credit union was exceptional. The staff was hospitable offering water, my service was timely and professional and the office was well lit and clean.

- Denise · Washington, DC

As a member for more than 40 years, i have always had great service from the USSFCU and know that they stand behind their great reputation.

- David · Silver Spring, MD

A top rate Credit Union, [I'm] privileged to be part of! Thank you for all you do for our family! USSFCU Credit Union was able to resolve our financial situation - vehicle, personal loans, customer service/recommendations, within 6 months. We belonged to another credit union for over 20 years, with results not even close to comparison. We switched ...

- Manuel · Bowie, MD

Your people and products are amazing. The recent [online banking] overhaul is phenomenal. [I've] been electronic banking since Tele action phone banking - paying bills with my push button landline decades ago. USSFCU is light years ahead of everyone else in terms of ease of use and client experience!

- Misty · Brookings, OR

I have been a member for more than 30 years. I no longer reside in the DC area but continue to bank with USSFCU because of the ease and the customer service.

- Tamra · Denver, CO

I have been a member for over 50 years, and I have always gotten good service with loans, when I had to have service at a branch, and when I needed to have money sent to me from my savings account. The personnel have always been friendly and treated me with respect.

- John · Fort Washington, MD

I especially appreciate being able to quickly speak with someone (not a robot) and that person has always been knowledgeable and helpful.

- Bernard · Richmond, VA

Excellent customer service streamlined and transparent process. The representatives are efficient, knowledgeable, and understanding of the type of loans offered by Credit Union.

- Erwin · Ellicott City, MD

The USSFCU behaves as a credit union ought to behave. The staff works with and for the members, not for a corporate board. Interest rates for a car loan, a home improvement loan, and a mortgage are low and terms are transparent.

- Ruth · Takoma Park, MD

Staff are courteous and friendly to work with. Very knowledgeable about services and products offered or available. Excellent follow-up with customers.

- Jacquelyn · Sanford, FL

I have appreciated USSFCU services for many years since I left my work on Capitol Hill. I have appreciated the occasional webinars on purchasing a home or retirement planning.

- Jamie · Washington, DC

I have been a member since 2006, and have always appreciated the customer service response to any concern or query. In addition, as I have traveled extensively, USSFCU has provided support and access.

- Kathleen · Ukiah, CA

I've had a credit union account for decades, even though I no longer work on Capitol Hill. I now have two accounts. I've been able to do all of our banking remotely, by app or by phone.

- Richard · Washington, DC

I have been a USSFCU member for almost 20 years. There is nowhere else I want my money to be. I always receive excellent service.

- Nicole · Alexandria, VA

I deeply appreciate the stellar service, the proficiency, the professionalism, and the kindness. I am truly honored and grateful to bank with a financial institution that treats customers like family.

- Angela · Alexandria, VA

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