Howard University Employees Federal Credit Union was chartered in Washington, DC on October 11, 1935, the same year that the Federal Credit Union Act became law. Thanks to the courage and foresight of eleven charter members, our credit union was formed with the common bond to serve employees of Howard University and members of their families. Their initial share deposits totaled a mere $525.00. Today Howard University Employees Federal Credit Union has nearly 3000 members and over $10 million in assets.