Washington, DC
Our mission is to meet every one of our members’ unique financial needs—both short term and long term—so that they can build a lifetime of financial strength and freedom from financial worries for themselves and their families. We offer competitive loan and savings rates, low fees, and every member gets our personal attention. You are never just an account with us; you are family.
You are eligible for membership with FRB Federal Credit Union if you are a current employee or retiree of the Federal Reserve System, an employee of the Consumer Financial Protection Bureau (the CFPB), a contractor working in the Federal Reserve, or a family* or household member of a current credit union member.
* Family members include immediate family or households, including spouses, parents, children, siblings, grandparents and grandchildren, as well as adoptive children, stepchildren, domestic partners, and permanent members of the household.
FRB Federal Credit Union Private Student Loan
Repayment Terms: Up to 15 years
Max Borrow Amt: $150,000
Repayment Options: Deferred Repayment, Immediate Repayment, Interest Only Repayment
This fixed rate loan provides the security of a locked-in interest rate over the life of your loan.
Loan Discount Details
• 0.25% interest rate reduction for auto payment of principal and interest.
• Cosigner Release option available after 36 consecutive, on-time payments after starting repayment.
* Including 0.25% auto pay discount.
** The lowest Annual Percentage Rate (APR) is available to the most creditworthy applicants. Your actual APR will be based on your credit qualifications, loan program, interest rate option, repayment term, repayment option and whether you elect the automatic payment feature.
FRB Federal Credit Union Private Student Loan
Repayment Terms: Up to 15 years
Max Borrow Amt: $150,000
Repayment Options: Deferred Repayment, Immediate Repayment, Interest Only Repayment
This variable rate loan provides a lower rate up front that could increase or decrease quarterly.
Loan Discount Details
• 0.25% interest rate reduction for auto payment of principal and interest.
• Cosigner Release option available after 36 consecutive, on-time payments after starting repayment.
* Including 0.25% auto pay discount.
** The lowest Annual Percentage Rate (APR) is available to the most creditworthy applicants. Your actual APR will be based on your credit qualifications, loan program, interest rate option, repayment term, repayment option and whether you elect the automatic payment feature.
FRB FCU Private Parent Loan
Repayment Terms: Up to 15 years
Max Borrow Amt: $150,000
Repayment Options: Immediate Repayment, Interest Only Repayment
This fixed rate loan provides the security of a locked-in interest rate over the life of your loan.
Loan Discount Details
• 0.25% discount for auto payment of principal and interest.
* Including 0.25% auto pay discount.
** The lowest Annual Percentage Rate (APR) is available to the most creditworthy applicants. Your actual APR will be based on your credit qualifications, loan program, interest rate option, repayment term, repayment option and whether you elect the automatic payment feature.
FRB FCU Private Parent Loan
Repayment Terms: Up to 15 years
Max Borrow Amt: $150,000
Repayment Options: Immediate Repayment, Interest Only Repayment
This variable rate loan provides a lower rate up front that could increase or decrease quarterly.
Loan Discount Details
• 0.25% discount for auto payment of principal and interest.
* Including 0.25% auto pay discount.
** The lowest Annual Percentage Rate (APR) is available to the most creditworthy applicants. Your actual APR will be based on your credit qualifications, loan program, interest rate option, repayment term, repayment option and whether you elect the automatic payment feature.
FRB FCU Education Refinance Loan Program
Repayment Terms: Up to 15 years
Max Borrow Amt: $250,000
Repayment Options: Immediate Repayment
This fixed rate loan provides the security of a locked-in interest rate over the life of your loan.
Loan Discount Details
• 0.25% interest rate reduction for auto payment of principal and interest.
* Including 0.25% auto pay discount.
** The lowest Annual Percentage Rate (APR) is available to the most creditworthy applicants. Your actual APR will be based on your credit qualifications, loan program, interest rate option, repayment term, repayment option and whether you elect the automatic payment feature.
FRB FCU Education Refinance Loan Program
This variable rate loan provides a lower rate up front that could increase or decrease quarterly.
Loan Discount Details
• 0.25% interest rate reduction for auto payment of principal and interest.
• Cosigner Release option available after 36 consecutive, on-time payments after starting repayment.
* Including 0.25% auto pay discount.
** The lowest Annual Percentage Rate (APR) is available to the most creditworthy applicants. Your actual APR will be based on your credit qualifications, loan program, interest rate option, repayment term, repayment option and whether you elect the automatic payment feature.
Repayment Terms: Up to 15 years
Max Borrow Amt: $250,000
Repayment Options: Immediate Repayment
To learn more, visit https://www.frbfcu.org
Federal student loans permit borrowers in financial trouble to use certain options, such as income-based repayment, which may help some borrowers. Depending on the type of loan that you have, the government may discharge your loan if you die or become permanently disabled.
Contact FRB Federal Credit Union today and we’ll be happy to discuss your options with you.
866.385.9281
Monday - Thursday: 8:30 AM to 3:30 PM ET
Friday: 10:00AM to 3:30PM ET