COVID-19 Response - Update as of 08-08-2020

Our IMF HQ2 branch at 1900 Pennsylvania Avenue in Washington D.C. is now open from 9:00 AM to 4:00 PM, Mon - Fri.

The Express Branch, ATM and Lending Center at 1725 I Street are also open to serve you in person from 8:30 AM to 4:00 PM, Mon - Fri.

For the latest information about our operations and measures we are taking, please visit our COVID-19 Response page.

Our History

Bank-Fund Staff Federal Credit Union (BFSFCU) is a full-service financial cooperative that was organized and chartered in 1947 as a convenient place for employees of the World Bank Group and International Monetary Fund and their families to save and to obtain credit.

In 1947, the employees of the World Bank and the International Monetary Fund came together to find a convenient and affordable way to save and borrow—and Bank-Fund Staff Federal Credit Union was created. 

As a cooperative, we have an obligation to tailor our products and services to the unique needs of our member-owners. We acknowledge that you have many choices in financial services providers in today’s world and we thank you for your continued loyalty and support. We pledge to continue to work tirelessly to provide you with the best value in financial services and the exceptional personal service you deserve.

Over 71 years ago, the employees of the World Bank and the International Monetary Fund came together to find a convenient and affordable way to save and borrow — and Bank-Fund Staff Federal Credit Union was created. Today, we remain true to our original mission of providing the best value available in financial services to those we serve, but we must also adapt. The competitive landscape is redefining banking and we are committed to reshaping your member experience so that we may remain your financial partner in a digital world.

The Credit Union Family

Our members share how the Credit Union has helped them in their financial journey and is more than just another bank to them.


As we embark on a new year, we are pleased to look back and highlight some of our 2018 achievements:

  • Total assets increased 3.78% to $4.97 billion from $4.79 billion at year-end 2017. Net loans increased 3.34% to $2.80 billion, reflecting a continued demand for first mortgage loans amid the increasing interest rate environment and lower housing inventory.
  • Total deposits increased $119.4 million, or 2.82%, to $4.35 billion from over $4.23 billion at year-end 2017. Our savings accounts experienced the largest deposit increase of approximately $57.6 million, or 6.42%.
  • $1,013,000 returned to members through our ATM Surcharge rebate program.
  • $1.5 Million in savings on car purchases through our car buying service.
  • 37% increase in total dividends paid to members.
  • $12,500,000 distributed in supplemental dividend to members.
  • $396,000 Cash Rewards through our HomeAdvantage™ program.
  • Growth to $4.97 Billion in total assets.

We strive to be the preferred financial institution for all our members by delivering exceptional value through better rates and lower fees, and providing a superior member experience at every interaction. Our 2018 initiatives reflected this commitment, as we continued to focus on elevating the member experience while providing exceptional financial value by:

  • Raising our base deposit rates on many share accounts and share certificates.
  • Consistently offering among the lowest mortgage rates in the market and helping members save thousands through our HomeAdvantage Program. In 2018, our members received $396,000 in cash rewards from the purchase and/or sale of their homes through realtors participating in our HomeAdvantage Program. And, over the life of this program, our members have benefited from over $4.8 million in rebates.
  • Returning over $1,013,000 to members through our ATM Surcharge Rebate Program.
  • Saving our members an estimated $1.5 million on car purchases with our car buying service powered by TrueCar.
  • Introducing the new BOLD Visa® Platinum Credit Card with one of the lowest rates in the marketplace.
  • Maintaining our mortgage loan processing times at industry-leading levels. On average, BFSFCU mortgage loan processing times are 30 business days. These processing times remain best in class — much lower than many banks and credit unions.
  • Upgrading our consumer loan application process by deploying a new system with greater real-time approvals and digital documents.
  • Improving our in-branch new membership opening experience through new technology and a convenient online appointment tool.
  • Launching new payment options and improving exchange rates on international payments.

We thank you for the privilege of serving your financial needs and encourage you to invite your family and colleagues to join BFSFCU so that they may enjoy the same benefits available to you. Membership at BFSFCU means a lifetime value because “Once a Member, Always a Member”.