The Credit Union offers many opportunities to save and invest, as well as providing competitive loan rates. Special advantages of borrowing from your Credit Union include simple interest clearly stated and no prepayment penalties---ever! Credit Union loans can be repaid painlessly through direct deposit or payroll deduction. The benefits of belonging to NCFCU quickly add up to secure your financial future.
Savings and Investments
Regular Share Savings: A minimum of $5 is required to open an account and secure membership in the Credit Union. Daily dividends are compounded and paid quarterly.
Share Draft Accounts: Checking convenience and daily dividends all in one account! Daily dividends are paid and compounded quarterly. No minimum balance, no per-item fees, and no monthly fees! And if you have direct deposit, you can order a free supply of checks. Get Overdraft Protection for added peace of mind.
Term Share Accounts: Are a wise and safe way to put your money to work for you. When you invest in a Term Share Account, you invest your money for a pre-determined length of time. NCFCU offers Term Share Accounts for terms of six months, 12 months, 24 months and 36 months. Funds invested in a Term Share Account earn dividends at a rate greater than that on a Regular Share Account. Minimum deposit is $1,000, $5,000 or $10,000. Please call for details on all of our Term Share Account programs.
Individual Retirement Accounts: These accounts help secure your financial future. IRAs offer an excellent tax-deferred investment. NCFCU offers both Share IRAs and one-year Term Share Accounts. Be sure to seek competent tax advice about your specific IRA investments.
Holiday Club Accounts: Club Accounts help you save for the holiday season or a special occasion or event. Daily dividends are compounded and paid quarterly. The minimum deposit is $10.
Direct Deposit is safe, fast and convenient. Your net paycheck comes directly to your Credit Union account for distributions that you specify. Payroll Deduction lets you allocate a portion of you paycheck to painlessly paydown on loans or build up your savings.
Capital Access Card includes both check writing and ATM access convenience. This debit/ATM card can be used at any of the millions of merchant locations around the world displaying the VISA symbol. You will receive a Personal Identification Number (PIN) to allow withdrawals from your checking account at an ATM. All other transactions are handled in much the same manner as a credit card transaction, except that the money is deducted from your checking account.
Teller Line Audio Response is an easy, convenient way to have access to your credit union accounts seven days a week from anywhere at anytime. By using a touch-tone telephone, your account number and a special PIN you can get account information and make transfers. Information available includes account balances, checks cleared, loan balances, deposits, withdrawals, dividends earned,and loan interest paid.There is no fee to use this service.
Touch-Tone Teller Line: 1-800-388-8380 - NEW NUMBER AND USER FRIENDLY FORMAT
Other Products & Services:
Money Orders are for sale for a modest fee. Money orders are a safe and easy way to make payments for those times when you can't use a personal check.
American Express Travelers Cheques are for sale for a modest fee. American Express is the brand that travelers want most. For peace of mind, worldwide acceptance and superior refund services, these are the checks to carry when you are traveling.
Western Union Wire Transfers are an easy and affordable way to transfer funds around the nation. You can send funds to thousands of outlets, and in most cases, the recipient will be able to convert the funds easily into cash at many locations.
Wire Transfers are a quick, easy and affordable method (with proper authorization) to transfer funds from one financial institution to another financial institution. If you anticipate sending money to the same institution on a reoccurring basis we recommend that you establish a Reoccurring Wire for your convenience.
Notary Public services are available at your Credit Union and free of charge.
Automated Clearing House (ACH) for pre-authorized debits and credits to your checking or savings accounts. For example, many insurance companies will automatically take the payments from your checking account and an investment firm will credit your checking account for your investment dividends. To have these payments directed to your NCFCU account, all you need is our routing number (055080295) and your Credit Union Member number exactly as it appears on your statement along with the appropriate account suffix for checking or savings. Be sure you know who you are dealing with before allowing anyone to debit your account!
The Supervisory Committee is available to assist members if you have any concerns with NCFCU. The primary duty of National Capital Federal Credit Union's Supervisory Committee is to conduct or contract for an annual audit of the financial condition, practices and procedures of the credit union to ensure the safety and soundness of its accounting in conformance with generally accepted accounting practices. The Supervisory Committee, appointed by your Board of Directors, from among members of the credit union, serves as a "watchdog" for you, the members, investigating member disputes with the credit union. If you have any concerns with your credit union or that you feel you are not adequately dealt with by the credit union's extremely competent staff, do not hesitate to contact your Supervisory Committee.The Supervisory Committee can be contacted through the "Links" page.
Products & Services
