topic NFCU Checking Account and CLOC question.. Use it or lose it? in Personal Finance

NFCU Checking Account and CLOC question.. Use it or lose it?

CreditCuriosity — Thu, 27 Dec 2018 16:07:36 GMT

Just got this email from NFCU.. I have a saving / checking a CLOC and 3 cc's with them.. Anyways just got this email.. Granted I never use the Checking account and have maybe 25$ parked in it and a CLOC or 10k that I really don't want to lose. Anyone have any insight on this or seen this message regarding their checking account with NFCU? I dont even have the card as cut it up a few years ago when I got it as never inteded on using the checking account.. Thoughts?

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

CreditCuriosity — Thu, 27 Dec 2018 16:20:33 GMT

Suppose I will push like $10 meaning ACH to my NFCU Checking account from another instituion and I would think this would get them to shut it for another half year or year as I use their CC big time, but still want that CLOC incase...

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

Remedios — Thu, 27 Dec 2018 16:31:30 GMT

Or you could ask for replacement card and buy a bag if ice every six months

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

CreditCuriosity — Thu, 27 Dec 2018 17:04:27 GMT

@Remedios wrote:
Or you could ask for replacement card and buy a bag if ice every six months

Indeed or well beer is always better, but that could work.. Or transfer money should work just a trivial amount? I will call them and get a new debit card sent to me.. One more dang card I need to keep track of sigh. I bet alot of people will be getting these emails shortly

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

CreditCuriosity — Thu, 27 Dec 2018 17:13:10 GMT

Ok so just got off with NFCU regarding this... Certain states for some reason has to have activity not sure by law or whatever but basically what he stated and he just transferred 1 cent from savings to checking within the institution to get that to clear. So he suggested ever 3 months to move a penny around so it avoids this situation.. Strange indeed!

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

Remedios — Thu, 27 Dec 2018 17:30:55 GMT

My local CU (Twinstar) may close checking account after 6 months of inactivity.

I've moved $100.00 seven months ago and use if for $4.99 Shudder subscription.

I'm good for a couple of years

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

shoegal — Thu, 27 Dec 2018 18:57:57 GMT

@Remedios wrote:
My local CU (Twinstar) may close checking account after 6 months of inactivity.
I've moved $100.00 seven months ago and use if for $4.99 Shudder subscription.
I'm good for a couple of years

Shudder subscription! Love it! Are u sure we aren’t related? 😂🤣

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

Gmood1 — Thu, 27 Dec 2018 19:55:04 GMT

@Remedios wrote:
Or you could ask for replacement card and buy a bag if ice every six months

That's a great suggestion! God knows I could use that ice when out working on CC's estate grounds in the summer! lol

Knowing this dude, he'll give me a ration of one ice cube a day, in order to make that bag of ice last the entire summer. Ha Ha Ha

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

Remedios — Thu, 27 Dec 2018 20:01:28 GMT

You gotta work harder, G.

If you do, one day you may even be offered a beer. Maybe.

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

Gmood1 — Thu, 27 Dec 2018 20:25:28 GMT

@Remedios wrote:
You gotta work harder, G.
If you do, one day you may even be offered a beer. Maybe.

I can only hope Remedios. Dad always told me shoot for the stars. Well I'm shooting for that ice cold beer, out of CC's professional Chef size refrigerator! His frig cost more than my car. lol

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

Remedios — Thu, 27 Dec 2018 21:32:34 GMT

That fridge would drive me ultra nuts, keeping it fingerprint free would be a full time job.

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

Adkins — Thu, 27 Dec 2018 21:57:07 GMT

@CreditCuriosity wrote:
@Remedios wrote:
Or you could ask for replacement card and buy a bag if ice every six months

Indeed or well beer is always better, but that could work.. Or transfer money should work just a trivial amount? I will call them and get a new debit card sent to me.. One more dang card I need to keep track of sigh. I bet alot of people will be getting these emails shortly

I haven't gotten it yet, but my account is fairly newish.

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

BPebbles — Thu, 27 Dec 2018 22:03:47 GMT

@CreditCuriosity wrote:
Ok so just got off with NFCU regarding this... Certain states for some reason has to have activity not sure by law or whatever but basically what he stated and he just transferred 1 cent from savings to checking within the institution to get that to clear. So he suggested ever 3 months to move a penny around so it avoids this situation.. Strange indeed!

Yep. I move a few dollars between my Savings/Checking accounts there to satisfy them as well.

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

CreditCuriosity — Thu, 27 Dec 2018 22:32:10 GMT

Man the thunderstorm are real here now scary **bleep**. Left work early to avoid major initial hit without power or I would grab a beer out of the refrigerator! Called the power people and I am do you know who I am I am cc from mf forum get down here and restore sure that went over well😀

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

CreditCuriosity — Thu, 27 Dec 2018 22:08:24 GMT

And yes Gmood rations of ice are needed as we can’t let you run all over me and my dog or next thing you would want is air conditioning or a fan

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

Remedios — Thu, 27 Dec 2018 22:10:42 GMT

I want "I am cc from mf forum " to be my senior quote

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

CreditCuriosity — Thu, 27 Dec 2018 22:31:44 GMT

Thank gosh power is back took them long enough 😀

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

CreditCuriosity — Thu, 27 Dec 2018 23:03:07 GMT

@BPebbles wrote:
@CreditCuriosity wrote:
Ok so just got off with NFCU regarding this... Certain states for some reason has to have activity not sure by law or whatever but basically what he stated and he just transferred 1 cent from savings to checking within the institution to get that to clear. So he suggested ever 3 months to move a penny around so it avoids this situation.. Strange indeed!
Yep. I move a few dollars between my Savings/Checking accounts there to satisfy them as well.

Thanks for the reassurance that works

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

BPebbles — Thu, 27 Dec 2018 23:19:04 GMT

@CreditCuriosity wrote:
@BPebbles wrote:
@CreditCuriosity wrote:
Ok so just got off with NFCU regarding this... Certain states for some reason has to have activity not sure by law or whatever but basically what he stated and he just transferred 1 cent from savings to checking within the institution to get that to clear. So he suggested ever 3 months to move a penny around so it avoids this situation.. Strange indeed!
Yep. I move a few dollars between my Savings/Checking accounts there to satisfy them as well.
Thanks for the reassurance that works

Anytime!

P.S. Glad your power is back on!

Re: NFCU Checking Account and CLOC question.. Use it or lose it?

UncleB — Thu, 27 Dec 2018 23:34:30 GMT

@Remedios wrote:
Or you could ask for replacement card and buy a bag of ice every six months

Only buying a bag of ice every six months to keep an account alive? Anybody who would do that must be really cheap...