Thrive

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Federal workers keep this country moving and touch the lives of Americans everyday. That’s why FedChoice is passionate about making sure our members and their families are on track for secure financial futures. You've spent years helping others, now we're here to support you. How? We've made it easy with a suite of products designed specifically for federal workers to get ahead based on our more than 85 years of experience serving the Federal Community. We believe our members deserve to thrive. 

So, whether you want to sign up for an entire suite or only take advantage of one product, our Financial Service Advisors are ready to help guide you. We've developed packages for workers who are just getting started on the road to financial success, those who might need a hand as well as the financially savvy:

FedStart

Take your first big step toward a strong financial future with our new FedStart program, designed to set you on the best path possible with big savings and incredible benefits

Highlights:
  •  100% financing available for homebuyers1
  •  $0 down auto loans with additional financing to cover extra costs2
  •  Savings Account with a $25 deposit from us to get you started3
  •  Cash Back Checking account with up to $300 cashback every year4
  •  Early payroll deposit that delivers up to 2 days early
  •  Visa® FedStart Credit Card - credit card with minimum line of $500 for Federal Employee Members5
  •  New member loan discount - take 1% off during your first 90 days

FedOwnSM

Whether you’re buying your first home or upgrading to your dream house, FedChoice has you covered with tools that give you a firm foundation, no matter what the housing market is doing.

Highlights:

FedAssist

Furloughs

We understand the toll that furloughs can take on the federal worker community. We’re here to take care of your family throughout the process with real compassion and practical assistance.

Disaster

Even in the face of unforeseen hardships and disasters, FedChoice is here to help you regain control of your financial wellbeing, with resources and tools to protect what you’ve worked so hard to build.

Highlights:
  •  Fast loan decisions and funding
  •  Furlough loans
  •  Expanded Skip-A-Pay options
  •  Balance transfers to our low-rate credit cards
  •  Home Equity and Instant Access lines-of-credit draws
  •  Refi auto loan from another lender and enjoy 1% cash back
  •  Clear Title Loans
  •  Expanded Member Care Center hours
  •  GreenPath Financial Wellness counselors to eliminate financial stress

Let's talk about the options that are best for you.

Drop us a note online or call today: 301.699.6151. We look forward to serving you.

1Mortgage: Rates and terms based on credit criteria; your rate may differ. All loans subject to credit approval. Fixed-Rate Loans: The interest rate charged and the APR are constant for the life of the loan. There are still certain costs such as mortgage points, appraisal, title, and loan processing fees, etc. associated with “no money down”/100% financing mortgage loans. Members should consult a tax adviser for information regarding the deductibility of interest and charges. Minimum/Maximum Refinance Loan Amount: The minimum refinance loan amount is $150,000. Maximum loan amounts are determined by your county’s conforming loan limit. Finance charges begin on the date the loan is made. Interest will continue to accrue until the first payment has been received, which is due within 30 days of settlement but subject to change. Payment example: Assuming a $250,000 loan amount, a 30-year term, and a mortgage rate of 6.250% (6.508% APR), you would make 360 monthly payments of $1,539.29. Mortgage examples do not include amounts for taxes, insurance premiums, etc. Therefore, the actual payment obligation will be greater. Offer subject to change without notice. Consumer mortgage loans only. FedChoice NMLS # 399841 provides mortgage loans by partnership with myCUmortgage, LLC. NMLS # 565434.

2​If including warranty products, financing allowed up to 125% of NADA Clean Retail. Other conditions may apply. Some members may be required to put some funds towards the purchase of their vehicle. FedChoice Federal Credit Union’s normal underwriting requirements apply.

Par Value for FedChoice Membership is $5.00. For anyone who joins FedChoice as a new member, FedChoice will have $25.00 deposited (bonus) into their Main Share Savings Account. This deposit will cover the par value for joining FedChoice. Par Value is required to earn dividends and avoid maintenance fee charges. New members must meet membership eligibility requirements. Visit fedchoice.org/join/membership-eligibility for details. The $25 bonus will be paid within 21 days of account opening and will be deposited in the Main Share Savings Account.

4With Cash Back Checking, the maximum award of .50% cash back on debit transactions exceeding the minimum required amount (up to $25.00 per monthly qualification cycle) may be earned. The minimum balance required for all checking and debit card accounts is zero ($0.00). Fees could reduce earnings. Refer to the FedChoice Membership and Account Agreement posted on our website for details regarding applicable activity requirements.

5Member must be employed by a federal agency. Verification of employment will be required and there is a required amount of disposable income. Additional underwriting requirements may apply.

Application and disbursal for Signature and/or Auto Loans must be made within the first 90 days of membership. Some members may only receive a partial discount on an auto loan in accordance with FedChoice Federal Credit Union's rate floor policy. All credit is subject to approval. FedChoice normal underwriting requirements apply. This discount may not be combined with any other offers. Please speak with a Financial Service Advisor for full terms and conditions in relation to this offer. Not everyone will qualify for the lowest loan rates. Final rate will be determined by creditworthiness of the applicant.

7 Mortgage: Rates and terms based on credit criteria; your rate may differ. All loans subject to credit approval. Fixed-Rate Loans: The interest rate charged and the APR are constant for the life of the loan. There are still certain costs such as mortgage points, appraisal, title, and loan processing fees, etc. associated with "no money down"/100% financing mortgage loans. Members should consult a tax advisor for information regarding the deductibility of interest and charges. Minimum/Maximum Refinance Loan Amount: The minimum refinance loan amount of $150,000. Maximum loan amounts are determined by your county's conforming loan limit. Finance charges begin on the date the loan is made. Interest will continue to accrue until the first payment has been received, which is due within 30 days of settlement but subject to change. Payment Example: Assuming a $250,000 loan amount, a 30-year term, and a mortgage rate of 6.250% (6.508% APR), you would make 360 monthly payments of $1,539.29.00. Mortgage examples do not include amounts for taxes, insurance premiums, etc. Therefore, the actual payment obligation will be greater. Offer subject to change without notice. Consumer mortgage loans only. FedChoice NMLS # 399841 provides mortgage loans by partnership with myCUmortgage, LLC. NMLS # 565434.

Variable rate for the Gold Home Equity Line-of-Credit is based on The Wall Street Journal Prime. Rate adjusted monthly. The Gold Home Equity Line-of-Credit is subject to a floor of 3.50% APR.  Not all applicants will qualify for the lowest rate. The Smart Choice Home Equity Loan and the HELOC must be secured by the owner-occupied primary residence. Homeowner’s insurance is required. All loans are subject to credit approval. The amount borrowed for renovation together with any other mortgages cannot exceed 90% of the after-renovation property value on 1-to-4 family owner-occupied primary properties. Among the ineligible property types are investment properties (defined as non-owner-occupied), co-ops, mobile homes, and manufactured houses. Homeowners property insurance is required. Flood insurance may be required. Fees and charges may apply. Membership eligibility is required.