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About USSFCU

On October 8, 1935, at the height of the Great Depression, nine United States Senate employees pooled their resources and chartered the United States Senate Employees Federal Credit Union with just $45.00. Their goal was to provide quality financial services to workers throughout the Senate.

The following is a list of the organizers as listed in the organization certificate:

  • Charles E. Alden, assistant custodian, Senate Office Buildings
  • Mack D. Chestnutt, staff of Senator Bachman (Tennessee)
  • Blaine S. Hollimon, Jr., Senate Committee on Public Buildings and Grounds
  • William E. Howard, Office of the Secretary of the Senate and staff of Senator Costigan (Colorado),
  • Harry E. Cain, Office of the Secretary of the Senate
  • Edwin L. Swope, staff of Senator Hatch (New Mexico)
  • J. M. Henderson, Office of the Secretary of the Senate
  • D. Roland Potter, Senate Committee on Military Affairs
  • Morris Sheppard, U.S. Senator, Texas

Each organizer received one share for their $5 deposit and this remains the minimum deposit amount to open an account with the Credit Union to this very day. The nine organizers signed the charter on October 3rd, 1935 and it was ratified by the Farm Credit Administration Governor, William I. (Bill) Myers, on October 8th, 1935. Thus began the story of the United States Senate Employees Federal Credit Union.

Initially operating out of an office in the Russell Senate Office Building, United States Senate Employees Federal Credit Union enjoyed decades of continuous membership and revenue growth. During this time the Credit Union also opened its membership up to include employees from the Architect of the Capitol and the U.S. Supreme Court. In October of 1983, the Credit Union branch and operations would expand, moving into the newly constructed Hart Senate Office Building. By the time of its 50th Anniversary in 1985, the institution would serve over 15,000 members.

In the following years, a name change to United States Senate Federal Credit Union (USSFCU) in 1990 and mergers with three other federal credit unions — the Government Accountability Office Federal Credit Union (GAOFCU), the District of Columbia Unemployment Federal Credit Union (DCUFCU), and American Trucking Association Federal Credit Union (ATAFCU) — helped USSFCU achieve dramatic growth into the new century. During this time of growth and expansion, the headquarters moved from the Hart Senate Office Building on Capitol Hill to a new facility located in Alexandria, VA. This new facility would be dedicated to longtime board member and one of those in attendance at the organization meeting on October 8, 1935 - J. Lewey Caraway.

In fact, by the time of its 65th Anniversary in 2000, USSFCU assets had reached $204 million and its membership stood at over 28,000. This decade proved to be filled with periods of expansion as USSFCU recruited close to 100 new employee and member groups to its ever-expanding field of membership. However, this decade was also filled with difficulty and trying time. Economic difficulties followed the terrorist attacks on the World Trade Center and Pentagon and later in the decade the Great Recession starting in 2007. USSFCU shined during these trying times as we were able to provide assistance to members and help them weather these economic storms. The recovery was slow but in the same manner that the founders' came together during the Great Depression, this generation would as well and lead USSFCU and its members to better days ahead.

The 2010s saw a gradual recovery from the economic downturn of the previous decade and then one of the largest growth periods on record for USSFCU. A combination of growth and expansion in the region in addition to strategic relationship development with select employee groups yielded multiple double-digit growth periods toward the end of the decade. As the Credit Union rang in the 2020 New Year, USSFCU celebrated crossing the $1 billion mark for a financial institution.

In the Senate Community tradition of service, USSFCU strives to improve the financial wellness of our members throughout all stages and circumstances of life. We do this by integrating sustainability and security into every financial solution. USSFCU has grown and changed over the years but delivering top-tier financial solutions & service with a unique culture of working better together will always remain our focal point. We do this by staying grounded in USSFCU’s core values of security, teamwork, respect, integrity, innovation and engagement. Most of all, our bottom line or asset size will never be the way we measure success. Everything USSFCU does begins and ends with one thing – taking care of our members. It is at the heart of everything we do and has been that way since 1935.

A Timeline of Continuous Growth

1935 – On October 8, 1935, nine United States Senate employees officially chartered the United States Senate Employees Federal Credit Union. For its first several decades the institution would operate out of the Russell Senate Office Building, named after Senator Richard B. Russell, who represented the State of Georgia in the Senate from 1933 to 1971.

1970 – USSEFCU exceeds $3 million in assets.

1974 – USSEFCU exceeds $10 million in assets.

1984 – To accommodate its continued growth, USSEFCU relocates from its office in the Russell Senate Office Building to the newly opened Hart Senate Office Building, which is named after Senator Philip Hart of Michigan, who during his 17-year Senate career was known as the “Conscience of the Senate”.

1985 – As USSEFCU celebrates its 50th Anniversary and membership has grown to over 15,000. 

1986 – USSEFCU exceeds $50 million in assets.

1990 – United States Senate Employees Federal Credit Union Board, in order to help set the stage for future expansion, formally approves a name change to the United States Senate Federal Credit Union (USSFCU).

1992 – The USSFCU Board approves a merger with the Government Accountability Office (GAO) Federal Credit Union, adding 2,700 new USSFCU members and enabling the opening of a second full-service USSFCU branch in the GAO Building at 441 G Street NW. 

1992 – USSFCU exceeds $100 million in assets.

1993 – USSFCU opens a new operations center in Alexandria, Virginia.

2000 – USSFCU celebrates its 65th Anniversary as assets reach $204 million and membership surges past 28,000.

2002 – USSFCU’s third branch opens in Alexandria, VA.

2002 – After a significant investment, USSFCU launches online banking.

2003 – USSFCU exceeds $300 million in assets.

2005 – A new call center and business continuity facility opens in Central Virginia to support USSFCU’s member services and to serve as a backup operations center in the event of a natural disaster.

2008 – USSFCU exceeds $400 million in assets.

2010 – USSFCU celebrates its 75th Anniversary.

2011 – USSFCU exceeds $500 million in assets.

2012 – USSFCU relaunches its online banking platform and is now able to offer members even more innovative online banking services. 

2015 – As USSFCU celebrates its 80th Anniversary, the credit union has grown to serve more than 32,000 members and manage over $550 million in assets.

2016 – USSFCU exceeds $600 million in assets.

2017

  • Upgraded to a new and improved website—offering enhanced user-friendly capabilities and updated Online Banking features.
  • Implemented early ACH posting, allowing members access to their direct deposit funds up two (2) days early.
  • Donated a total of $50,000 to food banks and shelters in the Washington, DC and Virginia areas.
  • Introduced the Bump Rate Certificate—an exciting new savings product that allows members the opportunity to bump up to a higher earning rate during the term of the certificate.
  • Launched Member Business Services—providing a line of financial products designed especially for businesses and nonprofit organizations.
  • Ended the year with a special thank you to our members—distributing a total of $165,000 in special dividends ($5) to all qualified members throughout the 2017 Holiday season.

2018

  • Started the new year by raising rates on all savings products, making USSFCU a national leader in deposit rates.
  • Visa® Instant Issue: Debit and Credit Cards that can now be printed instantly—allowing members to leave any USSFCU branch with a ready to use, fully functioning account in just minutes.
  • Received a 5-Star Rating with Bankrate.com and ranked #79 in the Top 200 Healthiest Credit Unions in the Nation with DepositAccounts.com by Lending Tree.
  • Grew to a total of $715 million in Total Assets—a USSFCU milestone.

2019

  • Offered the Top Jumbo 5-Year Share Certificate Rate in the Nation
  • Ranked as the Top Performing Credit Union in the Nation by S&P Global Market Intelligence
  • Updated our fleet of ATMs throughout the DC metro area
  • Bank to bank loan payments available through Online Banking
  • Expanded and enhanced our Mortgage Department
  • Ranked as one of 2019 Top 200 Healthiest Credit Unions by Deposit Accounts by Lending Tree
  • Ended 2020 as a $1 Billion Financial Institution

2020

  • Created Crisis Management Team in response to the COVID-19 Pandemic
  • Moved entire USSFCU work force from in-office to remote work
  • Offered deferments to members, eliminated certain fees and created a relief loan
  • Offered PPP loans to Small Business Members
  • ACH Loan Origination service implemented
  • Performed deep cleanings in back-office and branch locations, sanitizer station and Plexiglas guards installed and PPE provided to staff
  • Implemented a three phased approach to reopening starting in late May
  • Eisenhower Branch reopens drive-thru and appointment only lobby

It's your staff that make us keep coming back for years and years.

Thank you for letting all of us be a part of your celebration - Happy 85!

USSFCU makes me feel more appreciated than any bank I've had before and helps me save for my future home.

USSFCU Happy 85!!! Best banking and customer service since I was 12. Thank you!

Happy Anniversary to an institution that has become part of our family! Thank you for everything!

Happy Anniversary, thank you for helping retirees with better rates.

Happy Anniversary and thanks to all employees for always being friendly and providing great service.

It's your 85th anniversary, and it's my birthday month - Happy Anniversary to you and Happy Birthday to me!!!

I really enjoy USSFCU's great customer service! They are always so helpful when I call or visit a branch and make my banking experience easy and enjoyable. Thank you!

Congratulations on your 85th year! Thank you for being the best credit union in the business.

Happy 85th Anniversary! I've been a member for 27 years and have always appreciated the great rates and service. Here's to at least 85 more years...

I was referred to USSFCU when I was building my swimming pool. This is the first banking experience that I have had in 48 years that has been so pleasant. USSFCU is the best and the ease of utilizing them for your banking needs is a MUST! Happy Anniversary and MANY MANY MORE!

Happy 85th Anniversary USSFCU and thank you for providing the services that you do as you helped my family to fulfill a dream that we had and it is certainly appreciated.

Happy Anniversary! Much to be proud of... especially the customer service.

When I joined in 1992, I was young and didn't have much financial wherewithal. Over the years, when I've needed a loan, you've helped me out. When I had extra money not doing anything in a savings account, a representative reached out to me to open a money market account. When I bought my first car, you gave me that loan. You've helped me on my fin...

Happy 85th Anniversary! Thank you for providing such great service to all of us who have worked for the U.S. Senate. Having a credit union devoted to our financial care is appreciated. Here's to 85 additional years!!

Happy Anniversary, USSFCU! I have been a proud member since 1993 when I opened my account upon getting my first job out of college in the Architect of the Capitol Curator's Office. Thank you for your service! It's been a great banking experience for me for 27 years.

Happy anniversary! I'm a 20 year member -- I've had/have numerous loans and have always had a great experience working with your staff.

Happy 85th Anniversary. I have been a member for 27 years. I have had nothing but success with my financial goals as a member of USSFCU. Thanks so much!

I joined USSFCU in 1993. I had just started a job as Executive Assistant to a U.S. Senator and being a Black Woman, I felt intimidated and not always accepted in the Senate environment. The one place I felt truly welcomed and comfortable was in the credit union. The staff was professional, courteous and made me feel at home the minute I walked in ...

I am so grateful to be apart of the USSFCU family. I have received outstanding service and am very glad I decided to join this credit union.

Happy 85th to USSFCU!! Thanks for everything! Here's to 85 more years!

Happy 85 years! May your operations continue to flourish!

The USSFCU has been great. I signed up my 2 sons and they have been able use the banking services for their higher education.

Happy 85th from a 53-year member. I remember when the credit union was located adjacent to the barbershop in the basement of the Old Senate Office Building. Great service then! Great service now!

I work in-state but your agency has made it so easy to do business with in many ways. I have a VISA, checking, savings etc. with you and even when I call from Ohio, everyone is so helpful and eager to help. Thank you and Happy Anniversary.

My 38th year as a USSFCU member! I love the personalized service and your kindness over the years. Happy 85th Anniversary!

My first job in Washington was at NRSC which came with Senate FCU privileges. That was in 1989 - I left DC in 1995 and to this day I love the reaction when people see the senate emblem on my credit card and checks.

I joined right after college after accepting my fist job in the USS; now 26 years later, I'm still a member and so happy with your products and service! Congratulations on 85 years of doing right by your members!

As a member of USSFCU since 1967, I can remember when it consisted of one room in the basement of the Russell Building. Congratulations!

Happy 85th! You don't look a day over 30.

Thanks for the great service members receive every day. Happy anniversary.

I have been a member of USSFCU for sixty years and it is still my financial institution of choice. Their service is exceptional and their staff is friendly and helpful.

I was a senate page and messenger for the sergeant of arms when I was 15. 43 years later I'm still a member. I could find no better place to bank despite overseas military serves. Simper Fi! Works here also.

Happy 85th Anniversary USSFCU. I have been a member since I began working for Senator Alan Cranston (Democrat from California) in 1982. Although, I left the Senate when Senator Cranston left office, I have remained a member of the United States Senate Federal Credit to this day. I have had nothing but positive service from USSFCU and will continue ...

More than 20 years with the USSFCU. I am grateful for their friendship. Happy Anniversary!

Happy anniversary! I feel safe and secure banking with my USSFCU family.

Happy anniversary! The wife and I are so happy to be members.

Happy Anniversary! Keep adding value to the great banking services provided to make peoples' lives better.

Happy Anniversary! Thank you for all you've done for our family over the past 3 years.

Congrats!! This is the first credit Union I've ever joined and my experience so far has been fantastic!! From everyday help with new cards, to recently adding my new wife to our account after our wedding on 9/27! Thank you for all of you do!! Looking forward to another 85 years!

It's hard to believe how much we've been through since we got together in 1972- two children with accounts, cars, home improvements. I don't know what I would have done without you.

Happy Anniversary to our wonderful family! Wishing you many more years of accomplishments!

Happy Anniversary to USSFCU! I have been a member since 1982. I only worked in the Senate for one year but I'd never give up my membership in the USSFCU! Here's to at least 85 more years!!

My 85 year old mom was born on October 8, 1935... exactly when USSFCU was founded! How's that for karma!!

Happy anniversary United States Senate Federal Credit Union. I love my credit union and the great rates with Visa and car loans. Hoping to refinance my home soon with y'all. My birthday is October 8 and I'll be 57, to think that USSFCU was already 28 years old when I was born. That's amazing keep the good work up.

Thank to the entire USSFCU Team. My every interaction with all of you has been kind and efficient. I appreciate all our your efforts to make our days a little easier and brighter!

Congratulations to USSFCU for 85 years of service...I joined when the Credit Union was just a room in the basement of the Russell Building nearly 50 years ago.

Congratulations Senate Federal Credit Union on celebrating 85 years! I have been blessed to be a member since 1998! I also had the great honor and pleasure to support the Hart Branch of the USSFCU while an employee of the Senate Sergeant at Arms Operations Division! The Hart Branch of the USSFCU has the kindest, friendliest, most professional emplo...

I started in the Senate in 1977. I was in need of a car and had just a few hundred dollars to my name since coming from Minnesota. My boss told me about the Credit Union and walked me over to the Russell building and introduced me to Virginia P. where I joined and she gave me a loan for 1600.00 to buy a car that afternoon.

Congrats! USSFCU has been a reliable financial partner for my family saving me on fees and with low car and personal loan rates. On to the next 85 years!

Thank you for your wonderful service. I joined in 1989 when working for Senator Cochran.

Happy anniversary! Thank you for decades of superb service!

Glad to be part of this great anniversary!

Wishing you a most happy 85th Anniversary. You provide excellent service!

Congratulations to USSFCU on 85 years of service to the community.

Happy Anniversary to one of the best credit unions in the United States! Great for all banking needs.

Happy Anniversary!!! I have been a member since 1993...thank you for the excellent service throughout the years...I wouldn't trust anyone else with my money!

Happy Anniversary USSFCU, you have always been there for me! Your personalized businesses model is unprecedented exhibited by professionalism, kindness with a willingness to make your clients happy will keep us all coming back for years to come! Cheers to the next 85 years.

Happiest of anniversaries to a super credit union. You have given us kind, faithful service. May you be richly blessed in return.

Our family really appreciates all the services the credit union has to offer. We have financed (and re-financed) our mortgage, opened retirement accounts, and established our kids' first bank accounts with USSFCU. Thanks for all that you do!

Thank You for being there through all of these years.

Been a member for more than 50 years. Congratulations!

Happy Anniversary. Keep up the great Union benefits.

I've been a member since I first moved to the area and wouldn't change a thing!

When I became part of the Senate staff it was clear many new doors would open. One, to ussfcu, has remained so for many (about 50 or more) years, helping us through small and larger problems, We have used, enjoyed and appreciated their services.

I've enjoyed banking with USSFCU over the years! It was helpful for managing my money for everything from grad school to my first home to my kids!

A colleague told me she was getting a higher than average interest rate on her savings. I said, "That's the bank for me!"

Congratulations on 85 years. Opening a USSFCU account was one of the very first things I did when I started working on Capitol Hill 20 years ago and I?ve never looked back. It?s my primary bank account to this day. Best wishes for the next 85 years.

Happy 85th. I joined at age 16 in 1979 when I started what turned out to be a full career with the Senate. Things certainly have changed as USSEFCU grew and dropped the "E".

The USSFCU has always been there for me. The staff has shown nothing but professionalism.

Congratulations on 85 years of service to the Congressional community!

I had just graduated from college mid-year and moved to DC from the Midwest in January 1982. One of the first things I was told to do after starting work in the Senate was to open an account at the credit union. I did, and despite the fact that my boss lost in 1984, I have kept my account. The credit union helped me buy my first car. Lots of great ...

It?s a Happy Anniversary for all USSCU members thanks to the 85 years of wonderful and thoughtful service!!! I still love my classic checks! Happy Anniversary!

Happy 85th Anniversary USSFCU! I have been a member since 1983 and I appreciate the tremendous service that I have received throughout my 37 year membership. Keep up the great work!

Ever since I joined in 2011, I've experienced nothing but superior service from USSFCU! From teller assistance to phone conversations, I have never been disappointed. I've banked with many different institutions but I can never see myself leaving USSFCU. Thanks so much!

Happy 85th birthday to an incredible credit union who is always looking out to its members each and every year. Congratulations on this milestone!

Congratulations USSFC! Great customer service. A first class organization!

Very thankful of the stability provided by the USSFCU in these crazy times. Wishing you all safety and love and Happy Anniversary.

Congratulations USSFCU!!! I am a long time member, not only because it is convenient but because of the great service from Credit Union staff. Friendly efficient service from staff at the Hart, Alexandria and GAO locations always comes with a smile. I can't wait for the next annual meeting. Thanks and looking forward to another 85 years.

Thanks to the USSFCU I was able to receive a car loan after years of bad credit. This is a wonderful institution.

Happy Anniversary! Thank you for all that you do. We love our new pool!

I worked in the Senate for 23 years and it was so convenient to dash down to the Credit Union. Following that, I went to the State Department to work for a senior official. My contact from the Credit Union (Dana) was extraordinarily helpful in all things money-related for my "Principal" and for me. I couldn't have managed nearly as well as I did wi...

Thank you for serving the community. It is a pleasure and a joy to say I am a member.

Congratulations USSFCU! I appreciate your efforts to expand services and protect your membership here and abroad.

As a member for more than 40 years, I am thrilled that the USSFCU has reached this milestone, and I wish continued success in the next 85!!!

I have been a member for 40 years and it is one (1) of the best decisions I have ever made for my financial future. Greta, was my 1st teller and has continued to be a very supporting advisor throughout all these years..Happy Anniversary to all your members.

The USSFCU has ALWAYS given me and my family the best service for the last 20 years. I would never switch my banking to any place else. They?re the best!

Eighty-five years is about a lifetime. That's how long we can depend on USSFCU to be with us in good times and bad - for a lifetime.

Estoy muy contento ...

Congrats on making it to 85 and still giving the 3S: Stability, Security, Service and do add Satisfaction

Happy Anniversary! 85 years of helping people fulfill their financial goals, woohoo!!!

I just heard! Is it true? Eighty-five years... Whoop-de-do!

USSFCU has been a great resource for this service disabled Vet - thank you & happy anniversary!!!

Happy 85 Anniversary, I thank for the great job you guys always do, Thanks for allowing me to be part of your family.

Awesome to be celebrating my 25th year Silver anniversary with my credit union spouse the same week that USSFCU is celebrating 85. Much love and gratitude.

A credit union is the financial bestie for working people. I was employed as a credit union rep for 9 years. I promoted legislation to save credit unions as a Us Senate staff representative. Credit unions know who we are as people. I salute the services and dedication of 85 years non stop from the UNITED STATES SENATE FEDERAL CREDIT UNION. Please g...

It?s not just a corporate anniversary, it is an anniversary of a family and community that has grown stronger over the years. USSFCU started with a few but now there are many, not only in numbers but also in engagement, resources, and talents. Wishing you many more years of unparalleled service and success. Happy 85th anniversary USSFCU!

Congratulations from Michigan. Many more successful years ahead.

Happy Anniversary! Your dedicated customer service, both in person and by phone, is greatly appreciated. Thanks for doing it right!

Happy 85th anniversary USSFCU. Thank you for your service! I appreciate the credit union so much.

Congrats! Thanks for being my bank for 42 years!

Have been a happy USSFCU member since the 1980's!

Cheers to our Credit Union on its 85th! Proud to be a Member! Being part the USSFCU has special meaning for me because the first Federally-chartered credit union in the United States was in my hometown: Texarkana, Texas (Morris Sheppherd FCU, in 1934). In addition, a huge influence in my future life in Washington was Congressman Wright Patman, who ...

Happy anniversary USSFCU! I've been a member for 30 years (I'm pretty sure). It's been a great convenience having you in the building, and everyone is always super nice. Thank you!

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