NASA Federal Credit Union is headquartered in Upper Marlboro and is the 2nd largest credit union in the state of Maryland. It is also the 67th largest credit union in the nation. It was established in 1949 and as of March of 2025, it had grown to 373 employees and 245,075 members at 14 locations. NASA Federal Credit Union's CD rates are 5X 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
Excellent Customer Service & Great Rates!
Opened a CD with them on a Friday and then saw the posted rate increase the following Monday morning. Contacted customer service to see if they had any sort of Ally-like best rate guarantee. They don't, but they offered to close and reopen the CD at the higher interest rate with no penalty other than losing the small amount of interest that had accrued over the weekend. It was a quick, easy, and enjoyable customer support interaction, which is rare in the banking world and was very appreciated. Highly recommend!
Customer Service Has Been Outstanding
I moved an Ira from Stinkrony Bank to Nasa. After receiving the request fron Nasa, Stinkrony closed my account, ( no interest bearing ), and 22 days later got the funds to Nasa. Nasa offered without any prompt from me, to give me their newer/higher rate and also make it retroactive to make up for the funds lost due to Stinkrony. That's a bit above board for the current situation with bank failures. So I'm moving more funds there now as well.
Elite Checking
Nasa FCU recently "upgraded" me to the new elite checking account. It still pays the same 1% interest but it's confusing as whether or not there is now a $10 per month fee. Does anyone know for sure?
Stay Away From This Bank
A few months ago, I signed up for their "Premiere eChecking" account which said no monthly fee is charged if you make 3 BillPay payments. So I have been making 3 or more BillPay payments to my credit cards diligently every month. But I noticed that NASA FCU did charge me the $7 the monthly fee the last couple of months of September and October. I tried to dispute this through secure messaging, multiple times, but they just wouldn't acknowledge that they're outright dishonoring what they publicized on their website "No monthly maintenance fee - With direct deposit or BillPay+ and eStatements". The original account description page has vanished mysteriously but it's still recorded on the Wayback Machine site. I always keep screenshots for my records. They employ a very sneaky way to take money from their customers knowing some customers just won't monitor account activities carefully.
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 6328 |
| Year Chartered | 1949 |
| Employees | 373 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.49% |
| Return on Equity - YTD | 5.03% |
| Annual Interest Income | $73.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $5.56B$5.38B |
| Loans | Q1 2025vs Q1 2024 | $4.18B$4.12B |
| Deposits | Q1 2025vs Q1 2024 | $4.47B$4.28B |
| Equity Capital | Q1 2025vs Q1 2024 | $542.2MM$512.9MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $48.3MM$33.6MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $28.8MM$25.5MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
