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You might like TEFCU if you . You might not like TEFCU if you . Live in Alexandria, VA, or Washington, DC Qualify for membership by working at a transit-related company in Alexandria or DC Want to bank with a minority-led credit union Want to earn high interest rates Would like a cash-back checking account Don t qualify to open a checking account at other institutions Don t live in Alexandria, VA, or Washington, DC Don t work with a company that qualifies you for membership The bottom line: Transit Employees Federal Credit Union pays higher interest rates than most brick-and-mortar institutions, so it s a good option if you live in DC or Alexandria, VA. But membership is limited to employees of certain businesses. ....