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 108th largest credit union in the nation. It was established in 1949 and as of March of 2022, it had grown to 334 employees and 207,408 members at 14 locations. NASA Federal Credit Union's money market rates are 36% higher than the national average, and it boasts an A+ health rating.
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
I love Nasa FCU. They have always had competitive rates and they actually answer the phone within reasonable amount of time. I have been with them for about 3 years and just renewed a Jumbo CD, a process which went smoothly and efficiently. I would recommend Nasa to anyone wanting a strong financial institution and top-notch customer service.
I opened a CD account online. I don't recall it being that much of a hassle, and I wanted that great 49 month CD rate. Once it was opened, I had 30 days to fund it. I did the trial deposit thing and ACH'd the money from my bank to the savings account. Their limits don't apply when you initiate from your bank. Also, it is true that you cannot then switch the money to the CD, however, they are very responsive to the message function. They replied within a couple of hours and moved the money immediately. I did not have to call.
Application was completed followed by form emails needing Drivers license (provided) proof of residency (Drivers license doesn't count) and copy of SOCIAL SECURITY CARD! Haven't had to do this since the 1960's & draft registration. Happy to report NASA CU reached out and we'll do business going forward.
Day 5 after initial application. After applying they wanted a copy of my SS card, I don't have an original so I sent a copy of my statement. Next day they requested a copy of my DL, after I initially sent it with the application. Next day they wanted to know what city, state did I make my application in. These emails come at 3am, I have Do Not Disturb on so it didn't go off what bank sends you email at 3am. Then the next day at 3am they sent another email asking where I applied at again. I'm still listed as pending on their web portal. On the plus side, when I called they said I could set a CD to auto payout at maturity. They have a 15 month CD @ 1.05% but at this point I don't know if an extra 15 basis points is worth hassle. I'll probably just leave the $5 in the required savings account and see what they're like to deal with after that. If your look for an easy relationship I'd pass on NASA Federal.
Overall | |
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NCUA # | 6328 |
Year Chartered | 1949 |
Employees | 334 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.95% |
Return on Equity - YTD | 8.16% |
Annual Interest Income | $26.8MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2022vs Q1 2021 | $3.75B$3.42B |
Loans | Q1 2022vs Q1 2021 | $2.81B$2.27B |
Deposits | Q1 2022vs Q1 2021 | $3.11B$2.82B |
Equity Capital | Q1 2022vs Q1 2021 | $431.4MM$364.0MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $13.2MM$27.3MM |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $8.9MM$9.8MM |
Real Estate Owned | Q1 2022vs Q1 2021 | $0$288.00K |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.35% | - | - | Premier Preferred Checking Account | |
0.35% | - | - | Business Checking with Interest |