NASA Federal Credit Union is headquartered in Upper Marlboro and is the 3rd largest credit union in the state of Maryland. It is also the 96th largest credit union in the nation. It was established in 1949 and as of December of 2018, it had grown to 300 employees and 159,763 members at 12 locations. NASA Federal Credit Union's money market rates are 3X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in NASA Federal Credit Union is open to anyone through a complimentary membership to the National Space Society. Membership is also open to employees or retirees of NASA Headquarters or any NASA Center or Facility or NAS, employees or members of NASA Federal Credit Union partner companies or associations.
See current membership details
Related Posts
3/1 - The Party's Over
2/1 - NASA Federal Credit Union Brings Back 15-Month CD Special, 3.20% APY
9/3 - NASA Federal Credit Union Offers Top Rate 15-Month CD
9/1 - Raised Rates For Certificates
9/1 - 15 Month CD @ 3.25%
7/30 - $125 Bonus For Premier Echecking Account With DD Or Billpay+ And Estatement
7/3 - NASA FCU 15-Month Special 2.50%
4/2 - 2.25% 11 Month CD Has Expired
2/15 - 2.25% 11 Month CD
2/15 - NASA FCU Adds 11-Month Share Certificate Special
2/15 - 11-Month CD
1/2 - NASA FCU Boosts Rates On 49- and 15-Month Certificate Specials
1/1 - NASA FCU Hikes 49-Month And 15-Month Certificate Rates
4/1 - 49-Month CD 2.25% APY, Limited Time Offer.
2/14 - EWP Increased On New Cds At NASA Federal Credit Union
10/19/16 - NASA FCU Offers Limited-Time 15-Month CD Rate Increase
7/6/16 - 49-Month Special Drops To 2.00%
6/2/16 - NASA FCU Increases 49-month CD Special Rate
6/1/16 - Rate Increase On 49-Month CD
3/7/16 - NASA FCU 49 Month CD Rate Drop.
1/3/16 - NASA FCU Raises Rate On Competitive 49-Month CD Special
1/1/16 - 49 Month Share Certificate Yield Increase
1/6/15 - NASA FCU Offers Nationally Available Top Rate 15- and 49-month CDs
10/27/14 - NASA Federal Credit Union Improves Its CD Terms Document
8/14/14 - Why You Should Always Read Account Disclosures
7/4/14 - 49-Month 2.25% CD Special Offer Extended
6/3/14 - Higher Special CD Rates at NASA Federal Credit Union
3/1/14 - 49-Month CD Special
2/20/14 - 2% 49 Month Cd Nasa CU
2/10/14 - 49-Month CD Special with a Top Rate at NASA FCU - Easy Membership
10/4/09 - 2.20% 18-Month CD at NASA Federal Credit Union - Easy Membership
9/1/09 - 3.50% 55-Month CD & 2.25% 18-Month CD at NASA Federal Credit Union - Easy Membership
7/26/09 - 4.00% 50-Month CD at NASA Federal Credit Union - Easy Membership
2/2/09 - 3.50% 18-Month CD at NASA Federal Credit Union - Easy Membership
9/1/08 - 4.25% 11-Month CD at NASA FCU - Easy Membership
8/1/08 - 4.00% 11-Month CD at NASA FCU - Easy Membership
6/1/08 - 5.00% 55-Month CD at NASA FCU - Easy Membership
5/13/08 - $175 New Checking Account and Credit Card Offer at NASA FCU (Easy Membership)
5/13/08 - 5.65% 7-Month CD at NASA FCU (Open to All)
11/3/07 - 5.25% 10-Month / 5.15% 5-Month CD at NASA FCU (Open to All)
4/30/07 - 5.80% 7-Month CD at NASA FCU (Open to All)
4/6/07 - 5.50% 5-Month / 5.50% 15-Month CD at NASA FCU
3/1/07 - 5.75% IRA CD / 5.50% 15-Month CD at NASA FCU
11/17/06 - 5.80% 7-Month CD at Credit Union Open to All (NASA FCU)
10/14/06 - 6.00% 7-Month CD at a Credit Union Open to All (NASA FCU).
10/6/06 - 5.75% 9-Month CD at NASA FCU - $100K (Open To All)
Take A Deep Breath Before You Start
The process to become a member and to open an account was long but once open it was easy to fund.
Wired funds posted in less than 24 hours.
2 minute phone call to buy 15 mo. 3.25% CD.
In retrospect, I am happy to jump through a few hoops to insure that my account is secure and that the bank isn't allowing any funny-business.
I feel like I am in good company (naIve as it may sound.) Feeling Happy!
2nd wire transfer posted approximately 3 hours after it was sent.
Opened 15 Mo CD
Went to their website, filled out application. 2 days later received email Status as Approved. Interest compounds monthly.
Had to call to get my Account number and asked it there was a Maximum I could deposit. No can put in as much as I want. Wired in money. My CU has free outdoing wire and NASA doesn't charge to receive wire. 2 hours later in my account. Called and told CSR to open my 15 month CD. All done. No Notary needed. They did have me scan and send in Driver's License and my Trust Certification copy. Easy. A+ CSR very nice.
Not The Easiest Application To Complete
The application process went alright but some aspects need work. They won't ACH money in so once you're accepted as a member you have to either send a cashiers check or wire the money to them. After that's accomplished the money goes to a savings account and from there you fund the CD, except you can't do that online yourself. You have to call and get them to do it for you. Also, I was told I'd be able to add a POD to our joint acct during the application process. Never saw it so they sent me my prefilled app back through e-mail and I had to print it and fill out the POD area, sign it, and then send it back to them. But when you compose a message to them through your account area there is no way to put an attachment with it. I found the original application portal where I'd had to upload DL, SS card, and proof of address so uploaded it there but they can't seem to find it. Waiting on someone to see if they can track it down. Also you can't change beneficiaries on each CD. Whoever is listed is the beneficiary for all your money with them. You can add someone and it will split the total but not different ones for different CD's. The rate I got was great and the people try to make things go smooth but their overall process is awkward.
Easy To Get CD Approved But Not To Fund
I was approved for the 15 mo. CD, yet I suppose I have to call to fund my CD, yet I called 3 times until they closed without an answer. :-(
Update, 6/23/19: The bank is open Saturday so I was able to get a hold of a Rep and was explained how to fund first the Savings account, wire transfer is the best option, and then call to fund CD. You have 10 days to fund CD. For the POD or Beneficiary, you have to download/print the Member Application, fill out, including Beneficiary, and return via email to: [email protected] . I don't think I will fund a CD if the Beneficiary is not established first, so I hope they can process it quickly otherwise I won't take my chances.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 6328 |
| Year Chartered | 1949 |
| Employees | 300 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.08% |
| Return on Equity - YTD | 10.87% |
| Annual Interest Income | $114.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $2.60B$2.28B |
| Loans | Q4 2018vs Q4 2017 | $1.94B$1.85B |
| Deposits | Q4 2018vs Q4 2017 | $2.17B$1.85B |
| Equity Capital | Q4 2018vs Q4 2017 | $256.0MM$228.4MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $26.4MM$22.7MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $20.0MM$20.2MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $587.00K$372.00K |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
NASA Rate Drops Continue
49 months 2.75%
25 months 2.70%
15 months 2.65%
Always verify rates and promotions with the bank or credit union. We are not NASA Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
NASA Federal Credit Union Savings Account Rates
NASA Federal Credit Union Money Market Rates
NASA Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | Premier Preferred Checking Account | |
| 0.05% | - | - | Business Checking with Interest |
