The information provided by the branch manager and loan officer was not consistent with the policies of the NFCU loan department. Although they are quick in approving your line of credit, you may not get the special rate of 3% for a month. The documents you sign have a rate of 16.9%. You are forced to choose between not using the funds for up to 30 days to have the 3% rate apply or using the funds when approved and paying 16.9%. I you request increase in limit, the interest rate automatically reverts to 16.9%. I found the rates charged by NFCU to be as high as commerical big banks and not competitive with other credit unions. The purpose of credit unions is to serve the members. I wonder where NFCU is spending all the profits from their high rates on credit cards and loans.
Description of Work: Provided overdraft line of credit
Rating Category
Rating out of 5
quality
3.0
value
2.0
professionalism
2.0
responsiveness
3.0
punctuality
3.0
Yes, I recommend this pro
Steve R.
12/2012
5.0
banks
 + -1 more
Navy Federal Credit Union are almost non-corporate which is great. They try to take care of whatever your needs are: if they can't then they try to direct you. They are very good. The staff has always been very knowledgeable and very prompt. They take care of whatever issues you may have. They aren't quite up to the speed of the banks. Deposits may take a couple of days to be accessible. But you can take a picture of your check on your phone and make a deposit that way, which is pretty fantastic.
Description of Work: Navy Federal Credit Union provide online banking services.
Rating Category
Rating out of 5
quality
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0
Yes, I recommend this pro
Noellie C.
06/2012
5.0
banks
 + -1 more
I am very happy with them. I like that they are very responsible and their security is good like if anything happen they call and let me know. They are very professional and gave me a good loan recently which is very nice. I like to keep mortgage with them like if I have to buy a car or anything I would like to keep everything together with them. I joined them because at that time it was the best plan I could find through my husband as he was in the Navy and they were taking only Navy people but now they take everybody. I like the experience with them. I would recommend them to anybody. They don't charge for registration, don't charge cheque and can take how many ever cheque's you want. They are really good.
Description of Work: Navy Federal Credit Union is the credit union that I use.
Rating Category
Rating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0
Yes, I recommend this pro
Brandon W.
06/2012
5.0
banks
 + -1 more
It's a good credit union. They are very friendly people that work there. I have never had any problems with them. If ever I have a problem they are quick to fix it. They are very professional people.
Description of Work: I use the services at navy federal credit union.
Rating Category
Rating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0
Yes, I recommend this pro
Lisa G.
06/2012
5.0
banks
 + -1 more
They don't charge me any service fees. They are very accessible and very convenient; I work in the Pentagon and they have an office/branch right there. They are good. Their quality is extremely accurate; I have never had any mistakes or mix-ups. Their responsiveness is very good, and their punctuality is excellent. They are very professional.
Description of Work: I use Navy Federal Credit Union for my banking needs.
Rating Category
Rating out of 5
quality
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0
Yes, I recommend this pro
Web F.
06/2012
5.0
banks
 + -1 more
I do banking services online. They didn't charge me for anything. Overall, I rate them highly. Of course, I would use them again in the future.
Description of Work: I use Navy Federal Credit Union for banking and credit union services.
Rating Category
Rating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0
Yes, I recommend this pro
Lon R.
05/2012
5.0
banks
 + -1 more
I am very fond of them. They are wonderful people. I have been with them since 1962. I don't go in very often because I do most of my banking online. The people are all very nice and marvelously accommodating. It is just wonderful. They don't charge anything. You have to be part of the Navy or related to someone who is to be a member. I have no problems or no fees. The people are very personable.
Description of Work: I bank through Navy Federal Credit Union.
Rating Category
Rating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0
Yes, I recommend this pro
Mary K.
05/2012
5.0
banks
 + -1 more
I have been with them for many years. They are the first online bank that I ever used. Their service is excellent.
Description of Work: I use them for my banking needs.
Rating Category
Rating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0
Yes, I recommend this pro
Luke F.
04/2012
5.0
banks
 + -1 more
They had the lowest rate for an interest rate reduction loan. They are easy to work with and they saved me a lot of money. You have to be an active duty member or a dependant of an active duty military member to use their services.
Description of Work: I had my mortgage refinanced.
Rating Category
Rating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
4.0
punctuality
5.0
Yes, I recommend this pro
$100
Theresa A.
03/2012
5.0
banks
 + -1 more
My experience with them is great. They provide free checking and their loan rates are cheeper than anyone else I checked with. They are very responsive and I appreciate the convenience of multiple branches. I have recommended them to people and we will continue to bank there.
Description of Work: I use Navy Federal Credit Union for my banking needs.
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*Contact business to see additional licenses.
Service Categories
Banking/Credit Unions,
Insurance Agencies,
Mortgage Companies
FAQ
Navy Federal Credit Union is currently rated 4.8 overall out of 5.
No, Navy Federal Credit Union does not offer free project estimates.
No, Navy Federal Credit Union does not offer eco-friendly accreditations.
No, Navy Federal Credit Union does not offer a senior discount.
No, Navy Federal Credit Union does not offer emergency services.
No, Navy Federal Credit Union does not offer warranties.
Navy Federal Credit Union offers the following services: Banking, mortgage companies & insurance agencies.