Loan Rates

All rates and terms are based on an evaluation of each member’s credit history‚ loan-to-value (LTV) payment type, loan amount‚ and loan purpose‚ so your rate and terms may differ. All loans are subject to credit approval.

Vehicle Loans

There are lots of places to turn for car loans, but only one where your interests come first — your credit union. We combine competitive rates with flexible terms to help put the car you want within reach.

Visa Credit Card

Once you have our Visa credit card, you'll wonder how you ever lived without it.

Home Equity

Your home's equity is the difference between its market value and any outstanding mortgage indebtedness you may have. We offer two ways to access that equity: one-time loans and lines of credit. Both can be good ways to borrow money for major expenses, such as renovating your home, paying tuition and more.

Personal Loans & Credit Lines

A personal loan or line of credit requires only your signature and can be used for any purpose at all. It's truly personal!

Secured Loans

At D.C. Teachers' Federal Credit Union, you can use your savings or share certificates as collateral for a loan. The interest rates for share- and certificate-secured loans are the lowest ones we have available.


There are certain times of the year when it would really help to have a little extra cash on hand. Generally those times are around the summer vacation season and the holidays at the end of the year. That’s why we offer the opportunity to skip a monthly loan payment and use that cash for something else!

Benefits of Borrowing from Your Credit Union

  • Rates are always stated in annual terms as annual percentage rates.
  • Interest is charged only on the declining balance.
  • There's no prepayment penalty.
  • You can make automatic repayments through direct deposit or payroll deduction.
  • Loan protection, extended warranties and disability insurance are available.

To qualify for a loan, you must:

  • be a member in good standing
  • maintain a share balance of at least $100
  • have no delinquency on any other DCTFCU loans
  • be legally qualified to enter into a binding agreement
  • demonstrate an ability to save
  • have a favorable employment and credit history

In some cases, there may be additional requirements depending upon the type and amount of loan requested. Membership alone is a not sufficient basis for granting a loan; there is no unqualified right to a DCTFCU loan.

If you've filed for bankruptcy in the past, we cannot grant you a loan unless you've had a good credit rating for the past two years. If our credit union suffered a loss as a result of your bankruptcy, you're no longer eligible for credit and no longer eligible to be a co-maker for other members' loans.

Apply Now

To apply for a loan or line of credit, complete and return your application to the credit union in person, by fax or by mail with your two most recent pay stubs and a copy of a government issued identification i.e. driver’s license.

Skip-A-Payment Program

Our Skip-A-Payment program lets members choose one month to skip their monthly loan payment. Keep the cash for some other purpose!

Request a Skip-A-Payment