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As the nation's largest credit union serving the biomedical industry, we promise to deliver affordable loans and banking solutions that save our members time and money.

On January 11, 1940 the NIH Federal Credit Union (NIHFCU) was created by employees of the National Institutes of Health (NIH). They gathered their financial resources to help others achieve a better quality of life through financial independence. These nine founders sought a more economical alternative to banks that would help their co-workers and families meet their financial needs.  Since then, NIHFCU has grown to be a thriving financial institution of over 40,000 members. The NIHFCU is one of Maryland’s largest credit unions and is proud to be the nation’s largest serving the biomedical industry. View the NIHFCU video.

For over 75 years, the NIHFCU primarily served the needs of the NIH community and a small list of select hospitals and related institutions.  In April 2010, as the area’s biomedical industry has advanced, the NIHFCU expanded its charter providing membership eligibility to all Employees, independent contractors or self-employed persons who work regularly in the biomedical and healthcare Industries in Maryland, Virginia, Washington DC and West Virginia. In 2016, we expanded eligibility to the biomedical community in North Carolina.

The NIHFCU provides a full range of world-class, state-of-the-art financial products and services for both personal and business banking.  Our members are smart, dedicated and focused individuals – too busy to waste time and too smart to waste money.  We understand the unique needs of biomedical professionals, and thus, all of our products and services are innovatively designed for easy and convenient banking.