Washington / District Of Columbia / United States
On October 8, 1935, seven individuals decided to pool their resources together and chartered a new financial organization called the United States Senate Employees Federal Credit Union. This financial cooperative was designed to exclusively serve Senate employees and a full service branch and operations center were located in the Senate Russell Building in Washington, DC. Nearly 50 years later, in August 1984, the Credit Unions membership had grown to over 15, 000 and total assets had reached $35 million. In order to better serve its growing membership, US Senate Employees Federal Credit Union moved to a new home in Senate Hart Building As the field of membership grew, the name of the Credit Union was officially changed in July 1990 to United States Senate Federal Credit Union (USSFCU). Assets continued to grow - increasing to $81 million. In 1992, USSFCU merged with the GAO Federal Credit Union. This merger increased assets nearly $4 million, added 2, 700 new members, and a second full service branch was opened in the Government Accountability Office. In 1993, an operations center was opened in Alexandria, Virginia. As the Credit Union celebrated its 65th anniversary in 2000, assets reached $204 million, and membership grew to over 28, 000. A third branch was opened in April, 2002 on Eisenhower Avenue in Alexandria. Solid growth continues today with assets of over $450 million and over 32, 000 members. In July 2005, a new Call Center was opened in Staunton, Virginia to better assist members with account questions and to serve as a disaster recovery site in the event of an emergency. Expanded Technology Financial success has provided the USSFCU with the opportunity to improve many systems and continuously introduce new products and services to members. The Credit Union now offers a variety of personal loans and lines of credit, a diverse selection of auto and leisure loans as well as several auto buying services, a number of home loans to include home equity lines, closed and open end home equity loan products, mortgages, a diverse selection of deposit and checking products, and several Visa credit cards. USSFCU also provides members with a state-of-the-art online banking system, e-statements, and web bill pay for unlimited access to their finances from anywhere in the world 24/7. Our dedication to helping our members reach financial success will remain steadfast. We will continually strive to offer the products and services that meet their financial needs, invest in the technologies that allow them access to their finances when they need it, and ensure that we offer competitively priced products and services well into the future.
