topic Re: AOD Membership, etc. in Personal Finance

AOD Membership, etc.

credit8502020 — Mon, 26 Jul 2021 22:12:42 GMT

Hi All,

I'm preparing to join a few more credit unions to build banking relationships in preparation for great personal and business credit, savings and loan products in the future.

I know AOD asks for POI when applying for a credit card. However, does anyone know if they also ask for income documents when you apply for membership as well?

I'm considing the following CUs, but would like to know if any one can share recent DPs regarding if they use do a soft/hard pull for membership. Also, I want to make sure whatever they pull they do not use it later for future approvals. My concern is that I don't want to wait to apply if being a member these next 6 months will help with my approvals. However, I also will have more income in the next 6 months and do not want to hinder my chances either because I initially gained membership with a lower income.

Alliant
First Tech
AOD
NASA
NIH - I've read that they are great for businesses in the medical field. Has anyone used them in busineses outside of the medical field?

Thank you in advance for your feedback!

Re: AOD Membership, etc.

Mr_Mojo_Risin — Mon, 26 Jul 2021 23:17:15 GMT

@credit8502020 wrote:
Hi All,

I'm preparing to join a few more credit unions to build banking relationships in preparation for great personal and business credit, savings and loan products in the future.

I know AOD asks for POI when applying for a credit card. However, does anyone know if they also ask for income documents when you apply for membership as well?

I'm considing the following CUs, but would like to know if any one can share recent DPs regarding if they use do a soft/hard pull for membership. Also, I want to make sure whatever they pull they do not use it later for future approvals. My concern is that I don't want to wait to apply if being a member these next 6 months will help with my approvals. However, I also will have more income in the next 6 months and do not want to hinder my chances either because I initially gained membership with a lower income.

Alliant
First Tech
AOD
NASA
NIH - I've read that they are great for businesses in the medical field. Has anyone used them in busineses outside of the medical field?
Thank you in advance for your feedback!

I applied for the VS at the same time as membership with AOD, so I had show POI.

I don't think you would have to show POI just for membership though.

I'm a member of Navy and Penfed also and no POI was required for a membership with them.

Re: AOD Membership, etc.

Anonymous — Tue, 27 Jul 2021 01:01:20 GMT

@credit8502020 wrote:
Hi All,

I'm preparing to join a few more credit unions to build banking relationships in preparation for great personal and business credit, savings and loan products in the future.

I know AOD asks for POI when applying for a credit card. However, does anyone know if they also ask for income documents when you apply for membership as well?

I'm considing the following CUs, but would like to know if any one can share recent DPs regarding if they use do a soft/hard pull for membership. Also, I want to make sure whatever they pull they do not use it later for future approvals. My concern is that I don't want to wait to apply if being a member these next 6 months will help with my approvals. However, I also will have more income in the next 6 months and do not want to hinder my chances either because I initially gained membership with a lower income.

Alliant
First Tech
AOD
NASA
NIH - I've read that they are great for businesses in the medical field. Has anyone used them in busineses outside of the medical field?
Thank you in advance for your feedback!

I can give you some answer I just can't remember if it was a HP or SP for these banks. I have all of them except Alliant and First Tech.

AOD is pretty conservative. When I say that they do not like alot of open credit cards. The Rep told me after I applied (they did a hard pull) that I would probably get turned down if I asked for a credit card. I have over 20 credit cards. For AOD that's too many credit cards so if you only have few right now and you want to apply with them I would make them my first ones. Can't remember which they pulled it was either EX or EQ.

NASA I've had for a few years never applied for a credit card. There cards aren't all that exciting and I don't know if they are known for giving out big CLs that's why I haven't even bothered with them. Can't remember if they pulled anyone or not to open.

NIH is another one like NASA. I opened an account but have yet to apply for credit. I heard their credit cards are outsourced thru another company forgot which one that is. Can't remember if they did a SP or HP I'm going to bet it was a SP as I would have applied for a credit card since they were pulling credit anyhow. Now that I think of it NASA was probably the same as I would have applied for a credit card if they HP me for membership.

Re: AOD Membership, etc.

Anonymous — Tue, 27 Jul 2021 01:05:06 GMT

@credit8502020 wrote:
Hi All,

I'm preparing to join a few more credit unions to build banking relationships in preparation for great personal and business credit, savings and loan products in the future.

I know AOD asks for POI when applying for a credit card. However, does anyone know if they also ask for income documents when you apply for membership as well?

I'm considing the following CUs, but would like to know if any one can share recent DPs regarding if they use do a soft/hard pull for membership. Also, I want to make sure whatever they pull they do not use it later for future approvals. My concern is that I don't want to wait to apply if being a member these next 6 months will help with my approvals. However, I also will have more income in the next 6 months and do not want to hinder my chances either because I initially gained membership with a lower income.

Alliant
First Tech
AOD
NASA
NIH - I've read that they are great for businesses in the medical field. Has anyone used them in busineses outside of the medical field?
Thank you in advance for your feedback!

Also depending on what you're looking for I like Affinity Credit Union. Open to everyone. They did HP me for membership but I was able to use that HP to apply for a line of credit they gave me 15K. Had probably over 6 INq at the time and 6 new open accounts. Did apply for a credit card as the line of credit I liked better.

DCU is another good one. They HP for membership, open to anyone and has by far the best car loan rates. I used my HP for membership to apply for the car refinance and to apply for a credit card both of which I got approved.

Re: AOD Membership, etc.

Red1Blue — Tue, 27 Jul 2021 01:25:34 GMT

@credit8502020 wrote:
Hi All,
NIH - I've read that they are great for businesses in the medical field. Has anyone used them in busineses outside of the medical field?
Thank you in advance for your feedback!

I have NIH Credit Card and membership. I am just using their credit products and membership but not in the scientific field. I am sure they are desinged for members of scientific community but they cater to several other categories outside the Scientific community. They are like any other credit union. Give them a try and see if you like them.

Re: AOD Membership, etc.

Red1Blue — Tue, 27 Jul 2021 01:31:55 GMT

@Anonymous wrote:
NIH is another one like NASA. I opened an account but have yet to apply for credit. I heard their credit cards are outsourced thru another company forgot which one that is. Can't remember if they did a SP or HP I'm going to bet it was a SP as I would have applied for a credit card since they were pulling credit anyhow.

I have NIH Secured Visa card and they pulled EQ for me. It used to be only for members in Medical / Scientific community and have to show the emploument verification working in the field. Now they have opened up to every one and I am able to get into NIH CU. They are okay to deal with. They out sourced Credit card products to PSU a company in PA which handles credit cards for many CUs in the country.

Re: AOD Membership, etc.

credit8502020 — Thu, 29 Jul 2021 04:13:24 GMT

@Mr_Mojo_Risin wrote:
@credit8502020 wrote:
Hi All,

I'm preparing to join a few more credit unions to build banking relationships in preparation for great personal and business credit, savings and loan products in the future.

I know AOD asks for POI when applying for a credit card. However, does anyone know if they also ask for income documents when you apply for membership as well?

I'm considing the following CUs, but would like to know if any one can share recent DPs regarding if they use do a soft/hard pull for membership. Also, I want to make sure whatever they pull they do not use it later for future approvals. My concern is that I don't want to wait to apply if being a member these next 6 months will help with my approvals. However, I also will have more income in the next 6 months and do not want to hinder my chances either because I initially gained membership with a lower income.

Alliant
First Tech
AOD
NASA
NIH - I've read that they are great for businesses in the medical field. Has anyone used them in busineses outside of the medical field?
Thank you in advance for your feedback!
I applied for the VS at the same time as membership with AOD, so I had show POI.
I don't think you would have to show POI just for membership though.
I'm a member of Navy and Penfed also and no POI was required for a membership with them.

@Mr_Mojo_Risin Thank you! I appreciate your feedback.

Re: AOD Membership, etc.

credit8502020 — Thu, 29 Jul 2021 04:16:23 GMT

@Anonymous wrote:
@credit8502020 wrote:
Hi All,

I'm preparing to join a few more credit unions to build banking relationships in preparation for great personal and business credit, savings and loan products in the future.

I know AOD asks for POI when applying for a credit card. However, does anyone know if they also ask for income documents when you apply for membership as well?

I'm considing the following CUs, but would like to know if any one can share recent DPs regarding if they use do a soft/hard pull for membership. Also, I want to make sure whatever they pull they do not use it later for future approvals. My concern is that I don't want to wait to apply if being a member these next 6 months will help with my approvals. However, I also will have more income in the next 6 months and do not want to hinder my chances either because I initially gained membership with a lower income.

Alliant
First Tech
AOD
NASA
NIH - I've read that they are great for businesses in the medical field. Has anyone used them in busineses outside of the medical field?
Thank you in advance for your feedback!
I can give you some answer I just can't remember if it was a HP or SP for these banks. I have all of them except Alliant and First Tech.
AOD is pretty conservative. When I say that they do not like alot of open credit cards. The Rep told me after I applied (they did a hard pull) that I would probably get turned down if I asked for a credit card. I have over 20 credit cards. For AOD that's too many credit cards so if you only have few right now and you want to apply with them I would make them my first ones. Can't remember which they pulled it was either EX or EQ.

NASA I've had for a few years never applied for a credit card. There cards aren't all that exciting and I don't know if they are known for giving out big CLs that's why I haven't even bothered with them. Can't remember if they pulled anyone or not to open.

NIH is another one like NASA. I opened an account but have yet to apply for credit. I heard their credit cards are outsourced thru another company forgot which one that is. Can't remember if they did a SP or HP I'm going to bet it was a SP as I would have applied for a credit card since they were pulling credit anyhow. Now that I think of it NASA was probably the same as I would have applied for a credit card if they HP me for membership.

@Anonymous Thank you! I appreciate you providing these details. Is there a reason you decided to not open an account with First Tech or Alliant?

Re: AOD Membership, etc.

credit8502020 — Thu, 29 Jul 2021 04:22:37 GMT

@Anonymous wrote:
@credit8502020 wrote:
Hi All,

I'm preparing to join a few more credit unions to build banking relationships in preparation for great personal and business credit, savings and loan products in the future.

I know AOD asks for POI when applying for a credit card. However, does anyone know if they also ask for income documents when you apply for membership as well?

I'm considing the following CUs, but would like to know if any one can share recent DPs regarding if they use do a soft/hard pull for membership. Also, I want to make sure whatever they pull they do not use it later for future approvals. My concern is that I don't want to wait to apply if being a member these next 6 months will help with my approvals. However, I also will have more income in the next 6 months and do not want to hinder my chances either because I initially gained membership with a lower income.

Alliant
First Tech
AOD
NASA
NIH - I've read that they are great for businesses in the medical field. Has anyone used them in busineses outside of the medical field?
Thank you in advance for your feedback!
Also depending on what you're looking for I like Affinity Credit Union. Open to everyone. They did HP me for membership but I was able to use that HP to apply for a line of credit they gave me 15K. Had probably over 6 INq at the time and 6 new open accounts. Did apply for a credit card as the line of credit I liked better.

DCU is another good one. They HP for membership, open to anyone and has by far the best car loan rates. I used my HP for membership to apply for the car refinance and to apply for a credit card both of which I got approved.

@Anonymous Ideally I'm looking for CUs that have great CCs, rates, LOCs and just overall great finance products so I can use them in the future. I'll be opening a business account soon so it's nice if I can also find one that has great business products as well. Thanks, yes I have DCU. I'm a fan of being able to put money there for 6% HYSA. Glad you mentioned their car loan rates for whenever I decide I want another car note...which I don't want anytime soon...unless I buy a new car for a car rental business.

Re: AOD Membership, etc.

credit8502020 — Thu, 29 Jul 2021 04:23:10 GMT

@Red1Blue wrote:
@credit8502020 wrote:
Hi All,
NIH - I've read that they are great for businesses in the medical field. Has anyone used them in busineses outside of the medical field?
Thank you in advance for your feedback!
I have NIH Credit Card and membership. I am just using their credit products and membership but not in the scientific field. I am sure they are desinged for members of scientific community but they cater to several other categories outside the Scientific community. They are like any other credit union. Give them a try and see if you like them.

@Red1Blue Thank you!

Re: AOD Membership, etc.

Anonymous — Thu, 29 Jul 2021 12:06:18 GMT

@credit8502020 wrote:
@Anonymous wrote:
@credit8502020 wrote:
Hi All,

I'm preparing to join a few more credit unions to build banking relationships in preparation for great personal and business credit, savings and loan products in the future.

I know AOD asks for POI when applying for a credit card. However, does anyone know if they also ask for income documents when you apply for membership as well?

I'm considing the following CUs, but would like to know if any one can share recent DPs regarding if they use do a soft/hard pull for membership. Also, I want to make sure whatever they pull they do not use it later for future approvals. My concern is that I don't want to wait to apply if being a member these next 6 months will help with my approvals. However, I also will have more income in the next 6 months and do not want to hinder my chances either because I initially gained membership with a lower income.

Alliant
First Tech
AOD
NASA
NIH - I've read that they are great for businesses in the medical field. Has anyone used them in busineses outside of the medical field?
Thank you in advance for your feedback!
I can give you some answer I just can't remember if it was a HP or SP for these banks. I have all of them except Alliant and First Tech.
AOD is pretty conservative. When I say that they do not like alot of open credit cards. The Rep told me after I applied (they did a hard pull) that I would probably get turned down if I asked for a credit card. I have over 20 credit cards. For AOD that's too many credit cards so if you only have few right now and you want to apply with them I would make them my first ones. Can't remember which they pulled it was either EX or EQ.

NASA I've had for a few years never applied for a credit card. There cards aren't all that exciting and I don't know if they are known for giving out big CLs that's why I haven't even bothered with them. Can't remember if they pulled anyone or not to open.

NIH is another one like NASA. I opened an account but have yet to apply for credit. I heard their credit cards are outsourced thru another company forgot which one that is. Can't remember if they did a SP or HP I'm going to bet it was a SP as I would have applied for a credit card since they were pulling credit anyhow. Now that I think of it NASA was probably the same as I would have applied for a credit card if they HP me for membership.
@Anonymous Thank you! I appreciate you providing these details. Is there a reason you decided to not open an account with First Tech or Alliant?

I can't remember about Alliant. I think I had them on my radar. First Tech I heard they give good limits but are conservative on folks with existing big aggregate limits on credit cards. I have close to 250K combined and I believe I heard they don't like that kinda like AOD does so I didn't waste my HP trying to apply with them. I think Alliant is on my radar just waiting on putting some months between my CU spree I did early this year. I opened over 5 new accounts and got shot down by SECU and BECU because I had opened too many accounts in a short period of time. Some CU frown upon that so watch out for that when applying as they will be checking your Chexsystems.

Re: AOD Membership, etc.

Anonymous — Thu, 29 Jul 2021 12:06:40 GMT

@credit8502020 wrote:
@Anonymous wrote:
@credit8502020 wrote:
Hi All,

I'm preparing to join a few more credit unions to build banking relationships in preparation for great personal and business credit, savings and loan products in the future.

I know AOD asks for POI when applying for a credit card. However, does anyone know if they also ask for income documents when you apply for membership as well?

I'm considing the following CUs, but would like to know if any one can share recent DPs regarding if they use do a soft/hard pull for membership. Also, I want to make sure whatever they pull they do not use it later for future approvals. My concern is that I don't want to wait to apply if being a member these next 6 months will help with my approvals. However, I also will have more income in the next 6 months and do not want to hinder my chances either because I initially gained membership with a lower income.

Alliant
First Tech
AOD
NASA
NIH - I've read that they are great for businesses in the medical field. Has anyone used them in busineses outside of the medical field?
Thank you in advance for your feedback!
Also depending on what you're looking for I like Affinity Credit Union. Open to everyone. They did HP me for membership but I was able to use that HP to apply for a line of credit they gave me 15K. Had probably over 6 INq at the time and 6 new open accounts. Did apply for a credit card as the line of credit I liked better.

DCU is another good one. They HP for membership, open to anyone and has by far the best car loan rates. I used my HP for membership to apply for the car refinance and to apply for a credit card both of which I got approved.
@Anonymous Ideally I'm looking for CUs that have great CCs, rates, LOCs and just overall great finance products so I can use them in the future. I'll be opening a business account soon so it's nice if I can also find one that has great business products as well. Thanks, yes I have DCU. I'm a fan of being able to put money there for 6% HYSA. Glad you mentioned their car loan rates for whenever I decide I want another car note...which I don't want anytime soon...unless I buy a new car for a car rental business.

Hey no problem. I'm a member of Affinity and NIH Federal Credit Union both of which I got lines of credit. One for 10K the other for 15K. No issue getting them. Was a member less than one month before getting approved. Not sure on their business side of things. Good luck

Re: AOD Membership, etc.

Anonymous — Thu, 07 Jul 2022 05:09:50 GMT

@credit8502020 First Technology FCU performed a hard pull for membership.

Re: AOD Membership, etc.

SouthJamaica — Thu, 07 Jul 2022 11:48:13 GMT

@credit8502020 wrote:
Hi All,

I'm preparing to join a few more credit unions to build banking relationships in preparation for great personal and business credit, savings and loan products in the future.

I know AOD asks for POI when applying for a credit card. However, does anyone know if they also ask for income documents when you apply for membership as well?

I'm considing the following CUs, but would like to know if any one can share recent DPs regarding if they use do a soft/hard pull for membership. Also, I want to make sure whatever they pull they do not use it later for future approvals. My concern is that I don't want to wait to apply if being a member these next 6 months will help with my approvals. However, I also will have more income in the next 6 months and do not want to hinder my chances either because I initially gained membership with a lower income.

Alliant
First Tech
AOD
NASA
NIH - I've read that they are great for businesses in the medical field. Has anyone used them in busineses outside of the medical field?
Thank you in advance for your feedback!

I usually just send an email and ask them if they HP for membership.

First Tech is SP.