topic Re: How to join NCFU and rebuild as a civilian the right way in Bankruptcy

How to join NCFU and rebuild as a civilian the right way

Guyatthebeach — Sat, 13 May 2017 00:12:43 GMT

UPDATED MAY 12, 2017: NAVY FEDERAL CREDIT UNION IS NO LONGER ACCEPTING MEMBERSHIPS THROUGH THE NAVY LEAGUE-SAN DIEGO. I SPOKE WITH SOMEONE IN VA TO CONFIRM AND NFCU HAS REMOVED THE PROVISION FROM THEIR FIELD OF ELIGIBITY.

ALL GOOD THINGS COME TO AN END. I'M SURE A MODERATOR WILL LOCK THIS THREAD SOON. GUYATTHEBEACH.

UPDATED JULY 30, 2016: DON'T APPLY ONLINE OR OVER THE PHONE FOR YOUR NFCU MEMBERSHIP. EITHER FAX IT, MAIL IT, OR

LET THE BRANCH FAX IT FOR YOU. PEOPLE ARE APPLYING ONLINE, GETTING ACCOUNTS OPENED ONLY TO HAVE THEM FROZEN (AND THEN CLOSED) DUE TO VERIFICATION ISSUES.

When I was in the branch on Saturday, the branch manager came over to say hi and was asking how I like Navy Federal so far. I told Her I'm a little hestitant about moving my checking over accounts getting frozen. She said the CU is only freezing accounts when their is risk in the consumer's credit or customer give fraudulent information.

She also said branches are not processing new memberships through associations, like the Navy League, in branches anymore. You have to send it in. Now once membership is approved, the branch can help you with anything.

The takeaway points are don't lie on your application, don't do anything risky like adding people to your account, and apply by mailing or faxing your application with everything listed below. This is a golden opportunity, so don't screw it up.

Hi everyone. Someone shared this with me and I wanted to share it here. It definitely helped me and I know it will help someone out there. This was found on another forum and posted to the personal finance board of myfico.com. On a personal note, I had my chapter 7 bankruptcy discharged in 2012 and I've been looking for a way to join NFCU for ages since I have no military background. This is completely 100 percent legal.

To join NavyFederal as a civilian, you have to be an active member of the San Diego chapter of the Navy League. It is very important that you are in the San Diego chapter. This is an excellent organization. If I knew about this organization, I would have joined the Navy League reagrdless of the NFCU memebrship connection. Memberships start at $25.00. To join the Navy League, go to their website, navyleague.org, hit the green join button, fill out the membership form, and make sure to type in the San Diego chapter as your preferred council. You must be a member of the SD chapter or you won't be able to join NFCU. After you fill out the membership form and click submit, you will get an email welcoming to the Navy League. You will get a welcome kit including a membership card and Navy League pin in a few weeks.

Once you get the welcome email from the Navy League, you can use this to join NFCU. You can print the NFCU membership application and fill it out. Fill out the application. Mark the option for association and write Navy League-San Diego chapter. Send it in with the email and the other support documents. Wait for the response from NCFU. Do your membership application inside a branch or fax it in. DON'T do it online, because it may raise a verification flag. NavyFederal has a history of opening new accounts and then freezing (and closing them) for verification. AGAIN DON'T SUBMIT YOUR NFCU APPLICATION ONLINE!!!!!

I chose to drive to my closest NFCU branch and join in person. Since it is over an hour away, I took everything with me. I took a copy of the Navy League welcome letter, 2 forms of ID's, my social security card, 2 different utility bills, and cash to fund the accounts. After waiting for a while, I told the branch manager I wanted to join Navy Federal through the association with the Navy League, San Deiego chapter. I gave the letter to the branch manger and showed her where I was a member of the San Diego chapter. She had to call their help desk to get the override code. After answering some verification questions, I was in. I opened a totally free checking account, a savings account, a CLOC account, and a cash rewards Visa with a credit line of $14,200.00. I'll definitely use them for a mortgage when I get ready to buy a new house in the near future.

This method of joining Navy Federal is completely legit. I called NFCU about this 2 twice and it's completely legitimate. Read the thread on the personal finance board and call Navy to see for yourself.

To be honest, I was happy with my rebuilding before joining Navy Federal. Now I'm super excited to be member of Navy Federal. I'm also glad to be a member of the Navy League. When my membership renews, I will upgrade it.

I want to thank YoureWelcome for posting on how to join NFCU. I also want to thank SoulMaster for posting the how to get to 700 in 24 months thready and Scrupa and others for their support. Now 4 years later after having to declare bankruptcy, I have recovered and bounced back. I have over $150k in open lines of credit and 2 car loans. If I can do it, so can you.

Life's a beach!

Guyatthebeach

Re: How to join NCFU and rebuild as a civilian the right way

Anonymous — Sun, 19 Jun 2016 20:56:49 GMT

Really curious about this approach. I may give it a try after our house closes in a week.

Re: How to join NCFU and rebuild as a civilian the right way

Guyatthebeach — Mon, 20 Jun 2016 01:31:06 GMT

You should definitely do it. I've only been in NFCU for 2 weeks and I'm very impressed.

Good luck with your closing!

Guyatthebeach

Re: How to join NCFU and rebuild as a civilian the right way

Anonymous — Mon, 20 Jun 2016 13:07:58 GMT

Has any one else given this method a go? I'm also curious if this is limited to SD area residents.

Re: How to join NCFU and rebuild as a civilian the right way

Guyatthebeach — Mon, 20 Jun 2016 15:44:28 GMT

This is open to everyone, you just have to be in the SD chapter. There are 3 different threads on this. You can also call NFCU and check for a yourself.

Re: How to join NCFU and rebuild as a civilian the right way

Anonymous — Mon, 20 Jun 2016 23:38:08 GMT

I was approved this way in late May. Its a real way in. I'm very pleased so far. I'm lucky there is a branch about 10 minutes from my house.

Re: How to join NCFU and rebuild as a civilian the right way

Anonymous — Mon, 20 Jun 2016 23:49:51 GMT

And you can do the NFCU part all online correct?

Re: How to join NCFU and rebuild as a civilian the right way

Guyatthebeach — Mon, 20 Jun 2016 23:57:32 GMT

I read where people applied online and then had to send paperwork in for verification.

I was having problems with the the website, so I just drove to the branch.

Re: How to join NCFU and rebuild as a civilian the right way

Anonymous — Mon, 20 Jun 2016 23:59:33 GMT

And you just brought the (e-mail) paper from the Navy League of SD with you?

Re: How to join NCFU and rebuild as a civilian the right way

Guyatthebeach — Tue, 21 Jun 2016 00:14:10 GMT

I did bring a copy of the welcome email. It shows that you're in the San Diego chapter toward the bottom of the second page. I also brought everything you may need for verification and cash.

Re: How to join NCFU and rebuild as a civilian the right way

Anonymous — Tue, 21 Jun 2016 00:15:03 GMT

Was this in the first two emails I just got, maybe I missed it.

Re: How to join NCFU and rebuild as a civilian the right way

Anonymous — Tue, 21 Jun 2016 00:20:42 GMT

Decided to give it a go, sent in my paperwork via email as per this thread: http://ficoforums.myfico.com/t5/Personal-Finance/Navy-Federal-CU-The-REAL-way-in-for-those-that-dont-qualify/td-p/4598275

got a reply email that the app will be reviewed.

Hopeful.

Re: How to join NCFU and rebuild as a civilian the right way

Guyatthebeach — Tue, 21 Jun 2016 00:23:03 GMT

.I got the welcome email after right I will I got receipt email.

Re: How to join NCFU and rebuild as a civilian the right way

Anonymous — Tue, 21 Jun 2016 20:41:01 GMT

Thank you for posting this , now my husband and i can get in

Re: How to join NCFU and rebuild as a civilian the right way

Guyatthebeach — Wed, 22 Jun 2016 03:38:30 GMT

@Anonymous wrote:
Thank you for posting this , now my husband and i can get in

Glenoldon,

You're welcome. I've had a good bit of help since my bankrutcpy from the myfico boards. This was shared with me and I'm more than happy to share it with you.

It's always to help someone when you can. Also joining the Navy League is awesome too.

I recommend if you join in the branch, you bring everything you need to minimize another trip and avoid the verification issue.

Best of luck!

Life's a beach!

Guyatthebeach

Re: How to join NCFU and rebuild as a civilian the right way

Anonymous — Thu, 23 Jun 2016 15:14:31 GMT

@Guyatthebeach

Worked for me. Thanks.

Should have been smarter when I was younger and joined.

Re: How to join NCFU and rebuild as a civilian the right way

Bcunniff9 — Fri, 24 Jun 2016 00:06:39 GMT

Should you wait for a BK7 to discharge? Or does NFCU take applicants who are in the process of BK7?

Re: How to join NCFU and rebuild as a civilian the right way

Guyatthebeach — Fri, 24 Jun 2016 00:14:48 GMT

@Bcunniff9 wrote:
Should you wait for a BK7 to discharge? Or does NFCU take applicants who are in the process of BK7?

Bcunniff9,

If I were in your shoes again, I would join NFCU and open a checking and savings account. DON'T open a CC or get a line of credit until after you get your discharge papers.

Guyatthebeach

Re: How to join NCFU and rebuild as a civilian the right way

Bcunniff9 — Fri, 24 Jun 2016 00:23:16 GMT

Very well. Thanks Beach!

Re: How to join NCFU and rebuild as a civilian the right way

Guyatthebeach — Fri, 24 Jun 2016 00:49:41 GMT

@Bcunniff9 wrote:
Very well. Thanks Beach!

BTW I opened a secured credit card and secured loan from my local credit union and a secured credit card the day my bankruptcy was discharged.

Read the 700 in 24 months thread. SoulMaster wrote a plan that works.

Life's a beach!

Guyatthebeach