topic Re: Navy Fed membership application in Personal Finance

Navy Fed membership application

creditguy86 — Fri, 21 May 2021 05:57:06 GMT

I applied to become a member earlier this week. They needed some documents for verification which I sent in.

Today I get a credit alert that a new bank account has been added - Navy Fed

Is this normal procedure? Am I approved?

Re: Navy Fed membership application

USMC_Winger — Fri, 21 May 2021 06:30:06 GMT

@creditguy86 wrote:
I applied to become a member earlier this week. They needed some documents for verification which I sent in.

Today I get a credit alert that a new bank account has been added - Navy Fed

Is this normal procedure? Am I approved?

After a new Navy Fed member is approved, a share savings account is opened with a minimum $5 deposit. So, congrats! You're a new member. Welcome to the family!

Re: Navy Fed membership application

Anonymous — Fri, 21 May 2021 06:55:53 GMT

It sounds like it, but you can always call always call and ask.

Re: Navy Fed membership application

creditguy86 — Fri, 21 May 2021 13:39:20 GMT

@USMC_Winger wrote:
@creditguy86 wrote:
I applied to become a member earlier this week. They needed some documents for verification which I sent in.

Today I get a credit alert that a new bank account has been added - Navy Fed

Is this normal procedure? Am I approved?
After a new Navy Fed member is approved, a share savings account is opened with a minimum $5 deposit. So, congrats! You're a new member. Welcome to the family!

Ahh man this is super exciting, I sure hope you're right. I'll probably give them a call shortly. I was trying to be patient haha.

Re: Navy Fed membership application

Anonymous — Fri, 21 May 2021 14:36:45 GMT

@creditguy86 wrote:
I applied to become a member earlier this week. They needed some documents for verification which I sent in.

Today I get a credit alert that a new bank account has been added - Navy Fed

Is this normal procedure? Am I approved?

When I opened my NFCU account it too said new account opened. It reported only to my TU. I also opened up three other CU accounts within 60 days, but the other CU's did not report a new account opened. I am not sure why they report a new account has opened when it is not a loan or cc account. Either way, I am so pleased with NFCU service it is over the top. Congrats to you on your new account.

Re: Navy Fed membership application

SouthJamaica — Fri, 21 May 2021 15:22:19 GMT

@creditguy86 wrote:
I applied to become a member earlier this week. They needed some documents for verification which I sent in.

Today I get a credit alert that a new bank account has been added - Navy Fed

Is this normal procedure? Am I approved?

I can't understand why you would get a credit alert that a new deposit account was opened.

Re: Navy Fed membership application

Anonymous — Fri, 21 May 2021 16:02:53 GMT

@SouthJamaica wrote:
I can't understand why you would get a credit alert that a new deposit account was opened.

I got the same alert when I opened my NFCU account. One alert for Consumer Savings & one alert for Consumer DDA

Re: Navy Fed membership application

Anonymous — Fri, 21 May 2021 18:36:38 GMT

@SouthJamaica wrote:
@creditguy86 wrote:
I applied to become a member earlier this week. They needed some documents for verification which I sent in.

Today I get a credit alert that a new bank account has been added - Navy Fed

Is this normal procedure? Am I approved?
I can't understand why you would get a credit alert that a new deposit account was opened.

Yeah I have never seen one of these alerts before so I wonder where the alert is coming from.

Re: Navy Fed membership application

Anonymous — Fri, 21 May 2021 18:37:04 GMT

@Anonymous wrote:
@SouthJamaica wrote:
I can't understand why you would get a credit alert that a new deposit account was opened.

I got the same alert when I opened my NFCU account. One alert for Consumer Savings & one alert for Consumer DDA

Where did the alert come from? Like what app?

Re: Navy Fed membership application

Anonymous — Fri, 21 May 2021 19:42:39 GMT

@Anonymous wrote:
@Anonymous wrote:
@SouthJamaica wrote:
I can't understand why you would get a credit alert that a new deposit account was opened.

I got the same alert when I opened my NFCU account. One alert for Consumer Savings & one alert for Consumer DDA
Where did the alert come from? Like what app?

My alert did not come from the app. It appeared as an aleart on my transunion report.

Re: Navy Fed membership application

Anonymous — Fri, 21 May 2021 22:16:38 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@SouthJamaica wrote:
I can't understand why you would get a credit alert that a new deposit account was opened.

I got the same alert when I opened my NFCU account. One alert for Consumer Savings & one alert for Consumer DDA
Where did the alert come from? Like what app?
My alert did not come from the app. It appeared as an aleart on my transunion report.

Interesting. I've not seen that one. I just checked my TU report and the only thing that's on there was from Apple Card checking Chex and CoreLogic back in 2019.

Re: Navy Fed membership application

AverageJoesCredit — Fri, 21 May 2021 22:36:13 GMT

Weird, a bank account is not credit so it shouldnt be on your credit report. What the fico whats one more thing for them to control us eh?

Re: Navy Fed membership application

Anonymous — Fri, 21 May 2021 22:57:04 GMT

@AverageJoesCredit wrote:
Weird, a bank account is not credit so it shouldnt be on your credit report. What the fico whats one more thing for them to control us eh?

I can't say enough, It makes no sense that a DDA account shows up on a credit report. Very strange.

Re: Navy Fed membership application

Anonymous — Sat, 22 May 2021 04:48:15 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@SouthJamaica wrote:
I can't understand why you would get a credit alert that a new deposit account was opened.

I got the same alert when I opened my NFCU account. One alert for Consumer Savings & one alert for Consumer DDA
Where did the alert come from? Like what app?
My alert did not come from the app. It appeared as an aleart on my transunion report.
Interesting. I've not seen that one. I just checked my TU report and the only thing that's on there was from Apple Card checking Chex and CoreLogic back in 2019.

I actually made a mistake, I thought it was TU, but its actually Experian. See below the images of how it appears as an alert.

Re: Navy Fed membership application

creditguy86 — Fri, 21 May 2021 23:36:05 GMT

@SouthJamaica wrote:
@creditguy86 wrote:
I applied to become a member earlier this week. They needed some documents for verification which I sent in.

Today I get a credit alert that a new bank account has been added - Navy Fed

Is this normal procedure? Am I approved?
I can't understand why you would get a credit alert that a new deposit account was opened.

Yeah i have no clue, I called the 24 hour service today and she said it was still pending, and she was baffled that I had received the credit alert as well.

Re: Navy Fed membership application

creditguy86 — Fri, 21 May 2021 23:37:00 GMT

@Anonymous wrote:
@Anonymous wrote:
@SouthJamaica wrote:
I can't understand why you would get a credit alert that a new deposit account was opened.

I got the same alert when I opened my NFCU account. One alert for Consumer Savings & one alert for Consumer DDA
Where did the alert come from? Like what app?

I received the alert from the Experian app.

Re: Navy Fed membership application

Anonymous — Sat, 22 May 2021 00:28:34 GMT

@creditguy86 wrote:
@Anonymous wrote:
@Anonymous wrote:
@SouthJamaica wrote:
I can't understand why you would get a credit alert that a new deposit account was opened.

I got the same alert when I opened my NFCU account. One alert for Consumer Savings & one alert for Consumer DDA
Where did the alert come from? Like what app?
I received the alert from the Experian app.

Huh. So weird that I've never gotten one. Thanks for the info though and congrats on your membership.

Re: Navy Fed membership application

SouthJamaica — Sat, 22 May 2021 04:49:14 GMT

@Anonymous wrote:
@creditguy86 wrote:
@Anonymous wrote:
@Anonymous wrote:
@SouthJamaica wrote:
I can't understand why you would get a credit alert that a new deposit account was opened.

I got the same alert when I opened my NFCU account. One alert for Consumer Savings & one alert for Consumer DDA
Where did the alert come from? Like what app?
I received the alert from the Experian app.
Huh. So weird that I've never gotten one. Thanks for the info though and congrats on your membership.

Maybe I've found the answer to the mystery. On the experian.com site you can "upgrade" to get security alerts regarding activity in financial accounts including deposit accounts, so OP must have opted in for that. Here's a partial screenshot from their site about "financial account" alerts:

Re: Navy Fed membership application

creditguy86 — Sat, 22 May 2021 14:16:04 GMT

@SouthJamaica wrote:
@Anonymous wrote:
@creditguy86 wrote:
@Anonymous wrote:
@Anonymous wrote:
@SouthJamaica wrote:
I can't understand why you would get a credit alert that a new deposit account was opened.

I got the same alert when I opened my NFCU account. One alert for Consumer Savings & one alert for Consumer DDA
Where did the alert come from? Like what app?
I received the alert from the Experian app.
Huh. So weird that I've never gotten one. Thanks for the info though and congrats on your membership.
Maybe I've found the answer to the mystery. On the experian.com site you can "upgrade" to get security alerts regarding activity in financial accounts including deposit accounts, so OP must have opted in for that. Here's a partial screenshot from their site about "financial account" alerts:

Ahh i think you solved the mystery lol. thanks for sharing.

Re: Navy Fed membership application

babygirl1256 — Mon, 24 May 2021 21:52:34 GMT

@creditguy86 I didn't think bank accounts were reported to the CRAs -but- at least they are not on my credit reports. I only received an inquiry on my report from NFCU.