topic Re: Rejoin DCU After IIB in Personal Finance

Rejoin DCU After IIB

MyDataMyChoice — Sun, 21 Apr 2019 03:50:28 GMT

I had a small balance 1K in OD Checking account with DCU that I IIB

Think I can apply to rejoin...

I know most credit unions blacklist... just curious if anyone has dealt with DCU afer IIB

Re: Rejoin DCU After IIB

DaveInAZ — Sun, 21 Apr 2019 19:05:36 GMT

Well, I doubt it. Most credit unions blacklist permanently after a loss because they're non-profit, member owned and don't have the loss reserves commerical banks have.

But I guess it won't hurt to try, if you're blacklisted they'll let you know without pulling your credit. I have a 2010 BK7 on my report but didn't include DCU, so they approved me for membership and a car loan in 2017 without a problem.

Re: Rejoin DCU After IIB

CreditInspired — Sun, 21 Apr 2019 19:40:02 GMT

@MyDataMyChoice wrote:
I had a small balance 1K in OD Checking account with DCU that I IIB

Think I can apply to rejoin...

I know most credit unions blacklist... just curious if anyone has dealt with DCU afer IIB

I’m only guessing but I’m thinking an overdrawn bank account may be worse than a default on a CC. So you’re probably in chexsystem and wouldn’t be able to open another checking or savings account anywhere until that’s cleared up.

But this is just my 2cents.

Re: Rejoin DCU After IIB

CreditCuriosity — Sun, 21 Apr 2019 19:48:34 GMT

Both above posters are probably correctl and DCU uses chexsystems and that alone would get your declined.

Re: Rejoin DCU After IIB

MyDataMyChoice — Mon, 22 Apr 2019 00:06:36 GMT

The chexsystens entry has been deleted...I called and submitted a copy of my discharge and they promptly removed the entry

The overdraft was from a few automatic bill payments that went out when I had a loss of income...(they mail bank checks) and paid them all.

Re: Rejoin DCU After IIB

Revelate — Mon, 22 Apr 2019 01:38:54 GMT

I suspect for a concrete answer you're going to have to take a flier and simply re-apply for membership.

IIRC reading here a bit ago it's no longer a HP for membership / share accounts, so might be worth the college try TBH.