am i the only one that gets pissed?

[shorrttyycm1]

Again, if i misunderstood intent then my apologies. The unfortunate thing with written communications is that there is soo much room for interpretation. OP, srry if i misunderstood. As has been stated, thnx to you and your family for serving.

Swpopham, great post...well said.

[Anonymous]

Vet here. 

I'm not bothered at all by immediate family members. 

What IS bothering is all the threads concering grand-dad or great granddad who was in the service in 1942, therefore grandson/daughter thinks they should join. 

I'm guessing 90% of the US population has some distant relative who fought in any war up till now. 

And the roommate thing, yeah, completely agree with previous posters who said this is embarrasing. 

I've had roommates, and never, once, have we ever talked about joining each other's financial institutions.  I can't even comprehend broaching this subject. 

Ultimately, until my amazing 4%/3% CDs and active duty checking ATM reimbursement go away, I really won't get too upset. 

[Anonymous]

I assume that NFCU is member owned and you have annual elections for board officers.    So how many of you have contacted the NFCU board and made you concerns known?   What was the response?

[Anonymous]

How long until people post ads on Craiglist for a roomate with NCFU membership?

[shorrttyycm1]

I respectfully disagree, in so many cases grandparents are raising their grandchildren so i thnk that is situational.

[dabrian]

My younger brother currently serves as an Officer and is a soon to be Captain in the United States Army. Over Christmas I discussed with him about Navy Federal and it's benefits ( He had never heard of them) and he is going to possibly join up soon. Although I know I can join up at anytime even with him not being a member I don't feel like I deserve being a member without him joining up first and giving his blessing therefore I won't join up until that happens.

[swpopham]

I have contacted the board and that's why I plan to run for election in 2013 . As my previous post said. Thank you everyone for the active thread. I do have a complaint! I wanna find out why the collateral loan rates are so high!!

[Anonymous]

I'm sure many of these same people are the ones who drive onto a nearby base for the cheaper gas too. 

[Anonymous]

---

@Anonymous wrote:

I assume that NFCU is member owned and you have annual elections for board officers.    So how many of you have contacted the NFCU board and made you concerns known?   What was the response?

---

+1

It's also not a private club, it's governed by the Federal Credit Union Act, which mandates that credit unions have some eligibilty criteria for membership (which can, like Penfed, be very wide indeed!).  Once that is done, it's the job of the board to maintain financial viability (within a not-for-profit context) and presumably they are finding the current rules do quite well.   I really doubt if the org cares that people are slipping through elibility criteria (unless it is totally bogus) providing they are solvent enough, a waste of time and money.

As Wolf3 says, contact the board.  Is it the case that  accepting disabled vets would reduce financial performance (as a group)?  If so, maybe members will still find it fairer to include them in return for lower returns on investments and higher interest rates on loans.  

Re not being able to join after discharge and people not being aware of it while active: that sounds like a marketing issue.  Again, can more money be spent there, potentially reducing (hopefully very slightly) returns for other members, and making the whole system fairer.

[09Lexie]

---

@Anonymous wrote:

---

@Anonymous wrote:

---

@Anonymous wrote:

---

@Anonymous wrote:

---

@swpopham wrote:
. Your husband, dad, mom... did roommates should not qualify!!!

---

Obviously, NCFU disagrees with this!  They might have had to expand to improve financial viability.  It's in all members interest to have the CU as strong as it can be.

And, so long as you get the benefits you need from NFCU, why should you care that others do as well?  I assume you joined the armed forces voluntarily knowing the risks and rewards, so saying "these should just be for me" seems a little off.

---

It's the policy I take exception to, not people benefiting from it.

They'll take a roommate but not a disabled vet?! Really?!

---

Yes, my comment was to the OP.  I agree about disabled vets,  for a military-friendly org, that seems a very strange decision.

---

I would think that if they have to expand to improve financial viability then extending their membership to honorably discharged vets would be more beneficial than extending to roommates.  There are an awful lot of vets out there that I'm sure would be interested in joining if they had the opportunity.

---

I joined years ago (my Dad was retired Navy) and subsequently my son is a member too.  My DH who also served his country and is honorably discharged can only join through mine or my son's referral. 

Something does not sit right with that criteria at all- I never put my life on the line but I am eligible and he (if not for me) would not. 

Yet banks  like Chase,  will offer him free or reduced checking accounts.   Go figure.