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Navy Federal Credit Union

Navy Federal Credit Union

Overall Rating: Product Rating: 4.0
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A bank full of thieves.

by xxd9939New Member , Nov 23 '09
Pros: It's free, but the lines are long.
Cons: You get cursed at, and they STEAL from you.
I opened an NFCU checking and savings account when I was fifteen with my father as my sponsor.  Six years and a spotless car loan later, I got into some financial trouble.  I asked to close my checking account, as I had no job to fill it.  ...
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Product Rating:Product Rating: 1.0
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Discriminates against military spouses!

by onewhoswims , Jul 21 '09
Pros: So furious with their policies I cant say anything nice right now
Cons: Doesn't easily allow spouses to handle banking when hubbies are deployed.
Beware military spouses, especially stay at home moms!  They will not honor a power-of-attorney unless you come into the bank branch.  If you do then you need to bring the power of attorney with you everytime! I recently applied for a car loan ...
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Product Rating:Product Rating: 1.0
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**Navy Federal customers: Warning**

by jamison904 , Apr 16 '09
Pros: .Hours .location
Cons: .incorrect balance .rude .not willing to correct issues when they are in the wrong
Thursday, April 16, 2009 Warning!! All Navy fed user's need to read this Current mood: frustrated **Navy Federal customers: Warning** Keep an eye on your checking account and make a copy of your online statement daily. If I would have done ...
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Product Rating:Product Rating: 2.0
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SLOOOOOOOWWWWWWWWWWWWW

by lionsmom , Feb 09 '09
Pros: online banking
worldwide
Cons: slow
slow
slow
slow
no drive up banking
inconvenient locations
inconvenient atm's
lack of customer service
My husband is active duty and we've been member of Navy Federal for several years now, using them for our primary bank beginning this year. While their fees are good, their service is slooowww and lacking. Every time I walk out of the local branch, I ...
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Product Rating:Product Rating: 5.0
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Navy Federal: The one and only financial Institution

by beron , May 18 '08
Pros: Great products
Cons: Low dividend returns
Field of Membership: • All Department of the Navy (DON) Personnel—regardless of location or rank, including: o Active duty Navy and Marine Corps o Reservist, regardless of drilling status o Civilian employees • Contractors assigned ...
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Product Rating:Product Rating: 1.0
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Disliked bank

by lindsylee , Mar 27 '08
Pros: Low atm fees Clean locations
Cons: Unfriendly Unhelpful high rates
Well I moved to Hawaii with my then husband. We were stationed in Kaneohe Bay Navy Fed was out the back gate so I opend accounts with them BIG BIG mistake. This is probably the worst credit union I had ever delt with. I have worked in banks and had been ...
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Product Rating:Product Rating: 5.0
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Always a pleasure

by kkaple , Dec 10 '07
Pros: Awesome interest rates, great service.
Cons: No branches close to us, but on-line banking is available.
We have banked with NFCU for just over three years now and always have good things to say about them. My husband is a (now-retired) Marine and I feel like it has been a privilege to bank with NFCU. We will be life-long members. Their auto loan rates ...
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Product Rating:Product Rating: 5.0
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I have been satisfied with NFCU

by just4roo , Aug 23 '07
Pros: Good rates and products; friendly staff; accessible in person, by phone, mail, and Internet
Cons: Limited locations and ATMs
I have been a member of NFCU since 2002, when my husband joined the Marine Corps. For two years, we utilized only their basic checking account. Then we decided to gear up and buy a house, at which time we opened a Money Market account. Rates had/have ...
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Product Rating:Product Rating: 1.0
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Hate it! Can live without it.

by mommouth , May 30 '07
Pros: Hmmmmm...
Cons: ATM locations, ruined my account, don't listen, will not honor my Power of attorney
We joined NFCU back in 1994 when we got married. We had a jointed account at the time. Now I am the only one with an account. Here are my issues with NFCU: When I would deposit checks to me (not my husband) he still had to sign them before they would ...
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Product Rating:Product Rating: 5.0
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Mortgage Process was Awesome

by monty65 , May 12 '07
Pros: Great customer service; low costs and low rates.
Cons: None
I read a review saying how the mortgage process at Navy Fed was pretty much awful. I just recently went through the process and it was the easiest mortgage I ever have gotten. This was the third time I have gotten a mortgage. I contacted them and ...
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Product Rating:Product Rating: 5.0
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Navy or Marines Corps Members If You Are Reading This, Join NFCU

by vemartin Epinions Most Popular Authors - Top 50, Apr 20 '06
Pros: Above market rate return on Money Market Savings Account; no monthly account fees.
Cons: Lack of convenient ATM’s.
For those who do not already know it, I am a Navy veteran with and spent 15 years in the service. For ten of those years I was—and still am—a member in good standing of Navy Federal Credit Union (NFCU), (http://www.navyfcu.org/). I first join the ...
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Product Rating:Product Rating: 1.0
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Find A Mortgage Elsewhere

by flentrepreneur , Aug 27 '05
Pros: Good Rates
Cons: Absurd policies for people who aren't primarily dependent on their employment income.
I recently applied for a $120,000 home mortgage based on income from a summer job I had. I am a 29 year old Electrical Engineering student with prior work experience in the semiconductor industry, working on my bachelor's degree. I have a significant ...
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Product Rating:Product Rating: 5.0
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17 years with the same credit union...happily a member!

by thriftymommy , Nov 24 '04
Pros: All the necessary banking services offered at locations worldwide
Cons: Stingy with mortgages for long time customers
I originally opened my first checking and savings account with Navy Federal Credit Union (NFCU) during boot camp some 17 years ago in Orlando, Florida (time is flying by!). At that time, direct deposit was encouraged but paper checks were still the ...
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Product Rating:Product Rating: 1.0
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Quick but Extremely Frustrating Mortgage Process.

by inphri , Jun 21 '04
Pros: Unbeatable fee schedule and reasonable rates. Cash back incentives. Ability to close on time.
Cons: Not knowledgeable about application. Uncaring about individual situation. Lack of communication. Redundant paperwork.
First of all, I want to specify that this Customer Service rating is only regarding the Mortgage Division. I will talk about the other aspects later in the full review. Conclusion: If you are getting a mortgage, stay away from NFCU if you are not in ...
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Product Rating:Product Rating: 2.0
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Too Big & Impersonal/Biased against Officers?/NavyCorp?

by jh1221 , Mar 21 '04
Pros: If you use their ATMs, no transaction fees when traveling. Thought they were supportive-NOT!
Cons: Besides seeming to harbor a dislike of military officers, just overall difficult to deal with!
You should see the PALACE Navy Federal built for itself in northern Virginia using members' (our) money! Turned down for a mortgage in the mid-1980s in spite of being members for ten-plus years, with the combined income of an O-4 & an O-5 and a ...
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