Charter 9071 · Needham, MA
Direct Federal Credit Union
Direct Federal Credit Union is a federally chartered credit union in Needham, Massachusetts, with $795 million in assets and 23,736 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 11.36%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $795 million
- +0.8% in a year
- Members
- 23,736
- -0.4% in a year
- Net worth ratio
- 11.36%
- Peer median 10.79%
- Loans 60+ days late
- 0.36%
- Peer median 0.67%
- Loans outstanding
- $710 million
- +2.6% in a year
- Shares and deposits
- $622 million
- +0.9% in a year
- Branches
- 1
- 79 employees
- Opened
- 1953
- Federal charter
How Direct Federal Credit Union compares
NCUA groups credit unions by size; Direct Federal Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 11.36% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.36%, is lower than the group median of 0.67%. Loans grew 2.6% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 16 of 121 credit unions headquartered in Massachusetts. See all Massachusetts credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $795 million | 23,736 | $710 million | 11.36% | 0.36% |
| Q1 2026 | $790 million | 23,538 | $695 million | 11.32% | 0.40% |
| Q4 2025 | $786 million | 23,250 | $700 million | 11.40% | 0.53% |
| Q3 2025 | $784 million | 23,561 | $696 million | 11.54% | 0.36% |
| Q2 2025 | $789 million | 23,835 | $691 million | 11.47% | 0.49% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 2.4 million potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 2 sites for Direct Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Wescom Resource Group
5601 E La Palma Ave, Anaheim, CA 92807 - Main Branch (main office)
50 Cabot St, Needham, MA 02494
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology