History, Vision, & Mission
Ownership
Executive Management
Annual Report
Federal Insurance Protection

History of EFCU

Energy Federal Credit Union (EFCU), a not-for-profit cooperative, was organized in 1948 for one purpose--to offer our members the best financial services available. For more than 57 years we've dedicated ourselves to serving your financial needs with efficiency and integrity.

Seven employees of the U.S. Atomic Energy Commission organized the credit union in January 1948. The U.S. Atomic Energy Federal Credit Union (U.S. AEC FCU) operated as a cooperative to make credit union products available to all employees. In 1974, the U.S. Nuclear Regulatory Commission joined the U.S. AEC Employees FCU as a sponsor organization and the name was changed to the ERDA-NRC Employees FCU. In 1977, the credit union's name was changed to Energy Federal Credit Union.

The U.S. Nuclear Regulatory Commission (NRC) and the U.S. Department of Energy (DOE) are EFCU's primary sponsors. EFCU has continued to broaden its field of membership to include companies that are affiliated with either the NRC or DOE as well as non-affiliated companies.

EFCU offers the best available products and services to meet your savings, investment and loan requirements. EFCU offers a one-stop shop for all your financial needs. From a knowledgeable staff to convenient electronic services and ATM locations, we are here for you, 24 hours a day. We appreciate the opportunity to serve you and your family and to be your primary financial institution.

Vision Statement

The Energy Federal Credit Union is committed to providing our member-owners with an organization that responds to member needs and changing financial environments. We will focus on member satisfaction by providing quality and timely service through our staff delivery systems, products and services.

We are committed to fostering growth while maintaining a cost-efficient organization. EFCU is a partner with our sponsor organizations in providing an exceptional employee benefit of financial services designed to meet the needs of the membership. We place our members first in all we do.

EFCU is committed to providing our employees with a work environment that promotes professionalism, innovation, personal and professional growth and inclusion in our vision and mission.

Mission Statement

Professionally operate a credit union providing convenient, competitively priced financial products and services meeting the needs of the approved field of membership, while maintaining a sound capital position.


Ownership of EFCU


As a member of EFCU, you are an owner. As an owner, you enjoy the right to vote on credit union issues, including the election of your Board of Directors. Because EFCU is a not-for-profit organization, all earnings made by the credit union are returned to the membership in the form of lower loan and credit card rates, higher dividends on share accounts and certificates, and lower fees on products and services. The personal attention you receive at EFCU sets us apart from other financial institutions.

Any full or part time employee, pensioned retiree or association member of any Select Employee Group can join EFCU. Membership privileges are also extended to family members. Once a member, always a member is a common credit union philosophy. Even if you change employment or relocate, you are a member until you decide not to be.

All it takes is a $50.00 minimum deposit to open your Membership Share Savings Account and you become a part of the growing EFCU Family! For more information on EFCU membership, call 301-670-1300, toll free 800-223-2177 or TTY 301-990-6513 or e-mail EFCU at Call2@energyfcu.org.


Executive Management

Members of EFCU's Executive Management Team provide hands-on leadership. They are responsible for the entire EFCU staff and the day-to-day operations of the credit union.

    Ronald P. Roy, President/CEO
    S. Michael Grimail, Chief Financial Officer
    Marilyn J.C. Davis, Vice President Lending and Collections

Annual Report

You may request a copy of our latest Annual Report by calling 301-670-1300 or 800-223-2177 and speaking to a representative in the Call Center. You may also email your request to call2@energyfcu.org. We will mail you a report free of charge.


Federal Insurance Protection

The National Credit Union Share Insurance Fund (NCUSIF) is the federal fund created by Congress in 1970 to insure member's deposits in credit unions up to the $100,000 federal limit. Administered by the National Credit Union Administration, an agency of the federal government, the NCUSIF is backed by the "full faith and credit" of the U.S. Government. No federal tax dollars have ever been placed in the credit union Financial Fund, and no member has ever lost money insured by the NCUSIF.

For more information, read a PDF brochure from NCUA on Your Federal Share Insurance.

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