www.nfcu.com

www.nfcu.com

Amazing Benefits of the Navy Federal Credit Union
By [http://ezinearticles.com/?expert=Pat_Caymus]Pat Caymus nfcu

There are many amazing benefits to being a member of the Navy Federal Credit Union(nfcu).

The Navy Federal Credit Union(nfcu), which has over 2.5 million members, is regulated by the largest credit union in United States - the NCUA (National Credit Union Administration). It has been helping many men and women for over 70 years.

The membership of the Navy Federal Credit Union(nfcu) is limited to all Navy personnel including active duty marine and navy, reservists, civilian employees, retired or annuitant. The Union also caters to contractors assigned to U.S. government sites, all civilian and military members of the U.S. government, as well as the family members of the members.

The Navy Federal Credit Union(nfcu) offers a variety of services to its members, including checking amounts, loans, share savings and consumer credit cards. The Navy Federal Credit Union(nfcu) boasts one of the most extensive online services in the financing industry.

Focusing primarily on its members’ interest and needs, the Navy Federal Credit Union(nfcu) could benefit you in many ways.

1) Money management options - The Navy Federal Credit Union(nfcu) focuses on money management programs that could support the needs of its members. They offer free checking accounts with a free debit card.

All money management options of the Navy Federal Credit Union(nfcu) come with a free Visa Check Card with worldwide ATM access, free and unlimited access to Navy Federal ATMs, 24/7 online account access via the Navy Federal Credit Union(nfcu) Website, unlimited and free transactions through over 20,000 CO-OP Network ATMs and a variety of options.

2) The Navy Federal Credit Union(nfcu) offers free debit card products - the Navy Federal’s CUCARD? and Visa? Check Card.

a) The Navy Federal Credit Union(nfcu) CUCARD? - Members can use this ATM card at any CO-OP Network and Navy Federal ATMs, without any fees, worldwide. It allows you to make loan transfers and payments via Federal ATMs.

The CUCARD? allows Navy Federal Credit Union(nfcu) members to pay for services and goods on all Interlink merchants in the United States. Members can receive cash-back rewards at various merchants. The CUCARD? has generous daily debit limits of up to $5,000, wherein you can withdraw $400 cash every day at any ATM.

b) Visa? Check Card - Members of the Navy Federal Credit Union(nfcu) can apply for the Visa? Check Card to pay for services and goods at all Visa-accepted stores, online shops or via phone. Members can also use the Visa? Check Card at any CO-OP Network and Navy Federal ATMs worldwide, without fees.

The Visa? Check Card is perfect for Navy Federal Credit Union(nfcu) members who are frequent travelers. This allows members to carry large amounts of money safely, without cash in their wallet. It offers amazing password protection as well as zero liability for fraudulent purchases online, in stores and by phone.

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Building Credit While in the Military
By [http://ezinearticles.com/ nfcu ?expert=Jared_Croslow]Jared Croslow nfcu

Most people who just join the military are in an enviable position of having very little or no established credit. While this may seem like a bad thing, it actually puts you in a great position to build good credit. It is much easier to build good credit then it is to repair it so now is the time to thoughtfully establish some and maintain it to improve your credit rating. The military offers its service people an advantage. Lenders like the fact that you will have a guaranteed paycheck for four years and are more apt to extend credit for the first time.

The first thing you should do is receive a copy of your credit report. There are three primary credit bureaus, Experian, Trans Union and Equifax that supply credit reports. It is advisable to get a credit report from all three. You will then need to analyze your report to see if it is accurate and what it says. If there are items on there that you are unaware of, now is the time to clear it up. With identity theft so prevalent today, even though you may not have credit, someone else may have gotten something in your name.

Then, you will need to open a bank account. Navy Federal Credit Union, nfcu is a good place to start for United States Navy service members(NFCU). It is advisable to open both a checking and savings account(NFCU). This will show stability and allow you to pay bills and function much easier. Deposit your paycheck into your checking account(NFCU) and take a portion every pay period to put into your savings account(NFCU). Do not touch the money in your savings account(NFCU). Instead, let it grow and accumulate interest. Keep an eye on your checking account(NFCU) and do not let the balance get too low. Always balance it and make sure you do not bounce any checks.

You will want to apply for a revolving charge account(NFCU). Types of credit that are good to get in the beginning are major credit cards like MasterCard, Visa or Discover. These will allow a lower interest rate and will help start you on a history of good payments. The trick is to not charge more than you can afford to pay off completely. Use the card for small purchases and pay the majority off each month. However, do not always pay it off entirely. You want to establish a good credit rating so be sure you do not pay late. Not only will it increase your interest rate and add finance charges but you will reduce your credit score.

Establishing good credit takes discipline, something you should be familiar with in the military. Taking the time to build it now will hold you in good stead throughout the years and will enable you to get bigger loans when you need it. Eventually you will need a car and a home. If you have good credit you will be able to get approved for a loan more easily and get lower interest rates.

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Navy Federal Credit Union [nfcu]
by Helen Walters
When Navy Federal Credit Union executives realized they needed to expand their operations, they chose Pensacola, Fla., as a new location. There, they built the 62,000-square-foot Heritage Oaks campus for a staff of 400 call-center operatives. Atlanta-based architect ASD helped nfcu create an environmentally sensitive office design that promotes the well-being of employees. The philosophy was simple: Healthy employees equal healthy business.

The building is certified Gold LEED, and natural elements abound: Oxygen-producing plants are everywhere, while a 400-foot-long glass exterior wall gives those manning the phones a view of the woods beyond. On breaks, workers can use the fitness trail around the campus or sit on one of the many outdoor benches. (Gym facilities and a health clinic are also located onsite.) Inside, an air-filtration system and individual employee control of heat and cooling within workstations makes for more comfortable work areas. When the Heritage Oaks Center opened in 2004, it attracted 1,300 applicants for just 60 positions. Since then, executives say, employee retention has remained high, with many applicants referred by current employees. “We have certainly seen our employee turnover significantly reduced,” says Debbie Calder, vice-president for the nfcu, Greater Pensacola. “The building’s design and our desire for this to be an employee-focused workplace has helped tremendously in the Navy Federal Credit Union[nfcu] being seen as an employer of choice.”