@baller4life wrote:Due to the closure of the 100 Credit Unions Journey thread, I have agreed to start a new and improved thread to collect data on the various CUs we are all currently members of or are interested in joining. For those in search of new CUs to join, here is a link to an article that lists many with open membership. Click expand article to view list:
http://www.magnifymoney.com/blog/best-of/credit-unions-anyone-can-join
American Consumer Council membership allows eligibility to many CUs. $5 fee waived when using promo code "consumer". List of ACC eligible CUs:
http://www.americanconsumercouncil.org/affiliates.asp
I will start things off with my list of CUs.
1) Navy Federal CU - the first CU I joined. Very generous to rebuilders! Known for high limit credit card approvals for those with less than stellar credit. TU pull for membership. EQ(usually) for credit. Platinum MC $25k, Cashrewards Visa $17.5k, CLOC $15k. POI was required for CLOC app. Those with no military connections can join via the below route:
http://ficoforums.myfico.com/t5/Personal-Finance/Navy-Federal-CU-The-REAL-way-in-for-those-that-dont...
2)Penfed - EQ hp good for 90 days. Now according to a Penfed rep, it's only 30 days. Donation to Voices For America's Troops for eligibility. You can also donate to National Military Families Organization for eligibility. Platinum Rewards Visa $18k. Waiting for future quarterly preapproval for any more products. No POI required for me. But, they do ask sometimes.
3)Alliant - EQ sp. Donation to Foster Care to Success for eligibility. My main banking hub. Their rates are hard to beat! Known for their Share Secure Loans that are great for those with no installment loans reporting. Waiting on a quarterly preapproval for cc. They routinely email 30k or 50k signup bonus to preapproved members that's worth a free $300/$500! Instant mobile and ATM deposits! LOVE this feature! Did I mention the $50k max mobile check deposit limit? Absolutely unheard of!
4)Security Service Federal CU - TU hp good for 60 days. Membership geographically restricted to parts of Texas,Utah and Colorado. Power MC $4.8k, PLOC $1k. They said I have too much available credit. 😂 POI was required for cc.
5)Digital CU - EQ hp. $10 Donation to Reach Out For Schools for eligibility. But, they have several organizations you can join. Future auto refi. Monthly EQ 04 Fico.
6) State Department Federal CU@ - EX sp. Which is now a hp I believe. ACC membership eligibility. Lowest rate secured card on the market @ 7.24%! No annual fee! No credit check! Minimum $250! MUCH better way to start a rebuild than Credit One or First Premier! Highly recommend! Possible 2017 low apr Visa app. Apparently very inq sensitive and require POI. UPDATE 11/19/16: Sent me a $4500 check for a personal loan that I was preapproved for. Nice way to establish credit with them for future use.
7)Unify(formerly Western CU) - EX sp. They paid my membership to Friends of Hobbs for eligibility. Eyeing their 4.99% apr Visa for 2017. Very rebuilder friendly. Approves as low as 560 EX fico. Require POI for apps and clis.
8)First Community CU - EQ hp. Local CU. Used for share branch banking with Security Service FCU.
10/20/16 Update:
9)University Federal CU - EQ sp for membership. Open membership with $20 donation to the Longhorn Foundation. However, I used "None of the above but still want to join" as eligibility option. And was approved membership. No Donation required.
Thanks Baller for this nice list of CU's. I am looking and have been reading about NFCU on here and now UNIFY/Western. I hope they are Chexsystems friendly as well. I have been rebuidling my credit as well finances. I will pull the trigger on one in the upcoming weeks. I am slow at jumping on stuff since my credit/banking issues a few years ago. But, we all need these services to function in society.
@baller4life wrote:
@Anonymous wrote:
I contacted RBFCU and they confirmed the ONLY way for a non Texas resident to join is if an immediate family member is already a member. The Texas PTA will no longer make you eligible.Thanks for the update. I know how avenues can get shutdown. Which is why I wanted you to call first. That sucks!
What is ACC, please.
Not sure if promo code would work. You could give it a try. I didn't know they had increased fee. Thanks for update. 