It has been reported by several readers that Northwest Federal Credit Union has changed its policy regarding qualifying for credit union membership via membership into the National Wildlife Foundation. A reader just sent me the following:
Board of Directors officially clarified that you MUST be an EMPLOYEE of the National Wildlife Federation. Simply becoming a member of the National Wildlife Federation does NOT qualify a person for membership in Northwest Federal Credit Union.
Apparently, this was decided by the board today, and the NWF membership eligibility officially ended this afternoon. At the credit union's list of member companies, they've added the following after the National Wildlife Foundation: "(employees who or are headquarted in Reston, VA)."
Over the last week the credit union customer service reps have provided conflicting info on this. When I called Saturday, I was told only employees and volunters were eligible. Then I received a reply to my email stating that members of NWF can also qualify. Several readers reported similar conflicting information. At least the question is now officially answered.
As one commenter mentioned in my last update, they were probably attracting too much "hot" money. I was hoping that the credit union was large enough so this wouldn't be an issue. I guess it wasn't large enough.
Thanks to the readers who sent me email and left comments on this update.