About Us

Diaspora Federal Credit Union (DFCU), once chartered will be a premier financial institution that offers a range of financial solutions to its members. As a Federally insured credit union, member deposits with the Diaspora Federal Credit Union offer a safe place for you to save your money, your deposits are insured up to at least $250,000 per individual depositor. The National Credit Union Administration (NCUA) is the independent agency that administers the National Credit Union Share Insurance Fund (NCUSIF).

The concept of Diaspora Federal Credit Union is predicated on the principle of cooperative banking to address unique financial needs of the African Diaspora and Americans as a platform to provide access to banking and other financial products and services that would otherwise be inaccessible. Our members generally have limited access to main stream financial services and banking due to their ongoing business connections with their countries of origin. Diaspora Federal Credit Union will provide the connectivity that bridges the gaps and ensure continuity of services to members and ultimately the fulfillment of their financial goals.

We operate as a not-for-profit cooperative to help our friends, peers and families achieve financial success. We are poised to become the Diaspora’s premier credit union and still embrace our ideal philosophy by sharing our earnings with members instead of outside investors and offering better rates, lower fees, conveniently located branches, online and mobile services and high capital reserves.

Like a bank, Diaspora Federal Credit Union will be federally insured and, even with the stability associated with being one of the largest financial institutions based in the US, members love the personal service, convenience and products we offer, such as free Checking, free Online Bill Pay, Home Loans, Auto Loans, Commercial Loans and Retirement and Investment products and services.

For questions or concerns please reach us atinfo@diasporafcu.org.In the meantime please sign up and encourage others to do so.

Mission Statement:

To be the Diaspora’s preferred place to bank and become the premier financial institution known for providing our members honest value, superior service and trusted advice.


To secure members financial security through our financial and investment platform.