NIH Federal Credit Union Articles

Car Shopping? Check Out These Deals!

Tue, 30 Jun 2009 11:50:00 -0500

Defer your NIHFCU auto loan payments for up to the first three months! You’ll also be entered to win $1,000!

ABCD Buyers Club Sale – July 23–25 Low, pre-negotiated pricing on new vehicles

Enterprise Car Sales Free $100 gas card until July 31, 2009

Invest in America and get savings on a new GM or Chrysler vehicle!

Get a Deal on New Wheels—and Invest in America!

Tue, 30 Jun 2009 11:42:00 -0500

Credit unions throughout the United States have partnered with GM and Chrysler to help credit union members save money on a new car or truck during these tough times. With Invest in America, you could save up to thousands of dollars on a brand new American-made vehicle! (Your discount depends on which vehicle you choose.)

When you finance your new vehicle through NIHFCU, you’ll be saving even more with our low loan rates. On average, a new vehicle loan through your credit union is 1% lower than at other financial institutions. That’s another great reason to Invest in America!

Click here for more information.

FREE mobile banking! 24/7 account access in the palm of your hand.

Tue, 30 Jun 2009 11:20:00 -0500

Your wireless device can be your own personal NIHFCU branch when you sign up for mobile banking. This free service allows you to check your balances, review transaction histories, view and pay bills, make account transfers and more from anywhere your mobile network works.

And when you sign up for mobile banking between July 1 and August 31, 2009, you’ll be entered to win an 8 GB iPod nano ($149 value) or a GPS tracking system ($169 value). Click here for official rules.

If you already use CU@Home Online Banking, you’re ready to sign up for mobile banking. Non-online banking members must sign up for CU@Home in order to activate and use this service on their wireless device.

For more information about how you can have your own NIHFCU branch in the palm of your hand, click here.

Drive Away with Savings at the ABCD Buyers Club Sale

Mon, 29 Jun 2009 13:42:00 -0500

Take advantage of low, pre-negotiated auto pricing at the members-only ABCD Buyers Club car sale on July 23–25.

Enjoy these exclusive benefits:

• No stressful haggling

• Access to 19 dealers from the Washington, D.C. metro region

• Most current factory rebates and dealer incentives

• No dealer prep charges

• No waiting for certificates and no special ID card required

• Exclusive discounts on used vehicles

Learn more by calling the ABCD Buyers Club at 301-261-2227 or visit the ABCD Buyers Club Web site. Their associates can provide free and valuable information on dealer invoice pricing, trade-in values and customer satisfaction poll results.

Save time by getting your low-rate NIHFCU auto loan approval before you go to the dealership. You can apply online, over the phone or at any branch location.

*Member is responsible for sales tax, registration, documentation fees and dealer-installed accessories, if any.

Play the Online Bill Pay Treasure Hunt Game for Cash!

Fri, 12 Jun 2009 11:44:00 -0500

From June 15 – July 31, 2009, check out NIHFCU’s online banking and bill pay and…

• You could win one of ten $100 prizes awarded each day.

• You could also be a winner of a $1,000 weekly prize.

• When you sign up for online bill pay and pay seven bills during the promotion period, you’ll earn $10.

With the Treasure Hunt Instant Win Game, just search CU@Home and our online banking Web pages for keys to start playing!

New and current online banking members are eligible to win.

Online banking is convenient, easy and secure. If you’re unsure if it’s for you, you can learn more and then enroll.

Official rules

*Individuals must have an eligible checking account to receive the offer. Offer applies to Individuals who enroll to pay bills online and then set up seven payments that process between June 15, 2009 and July 31, 2009. A $10.00 credit will be deposited into an eligible checking account on or about August 31, 2009. Offer is valid for a maximum deposit of $10.00 per Individual. NO PURCHASE NECESSARY. Digital Insight Treasure Hunt (the “Instant Win Game”) is open only to legal residents of the fifty (50) United States and the District of Columbia who are at least eighteen (18) years old at the time of entry. Void where prohibited. Employees of Digital Insight Corporation, an Intuit Company (the “Sponsor”), Dailey, ePrize, LLC, participating financial institutions, and their parent and affiliate companies, suppliers as well as the immediate family (spouse, parents, siblings and children) and household members of each such employee are not eligible. The Instant Win Game is subject to all applicable federal, state and local laws and regulations. Participation in the Instant Win Game constitutes entrant’s full and unconditional agreement to these Official Rules and Sponsor’s and Administrator’s decisions, which are final and binding in all matters related to the Instant Win Game. Winning a prize is contingent upon fulfilling all requirements set forth herein. Sponsor: Digital Insight Corporation, an Intuit Company, 26025 Mureau Road, Calabasas, CA 91302. Administrator: ePrize, LLC, One ePrize Drive, Pleasant Ridge, MI 48069. You can also enter by visiting https://digitalinsight.eprize.net/treasurehunt/index.tbapp?page=alternate_form to complete the “Alternate Method of Entry” registration form. Once you submit the form you will receive one (1) Instant Win Game play. Follow the directions to advance to the Instant Win Game page and play the Instant Win Game.

"ATM Safety - Play it Safe!"

Tue, 02 Jun 2009 14:15:00 -0500

With the warm weather, now’s a perfect time to brush up on smart ATM usage habits! Click here for a quick online tutorial.

Gas Up and Go with Enterprise Car Sales

Mon, 01 Jun 2009 11:52:00 -0500

During Enterprise Car Sales’ Used Auto Sales Event, NIHFCU members who purchase an Enterprise vehicle between now and July 31, 2009, will receive a $100 gas card.

Even better, Enterprise accepts trade-ins and will buy your car even if you don’t purchase a vehicle from them. Plus, all buyers receive a 7-day Repurchase Agreement. If you change your mind about your vehicle purchase, Enterprises will buy it back, no questions asked.

Each Enterprise vehicle passes a 109-point inspection by an independent ASE-Certified technician backed by a 12-month/12,000-mile limited powertrain warranty.

Preview Enterprise Car Sales’ selection of late-model used vehicles.

Click here to learn how financing your vehicle with NIHFCU can save you money.

$100.00 gas card will be issued within 45 business days upon purchase (or financing) of vehicle. Offer valid only on Enterprise vehicles purchased from 6/1/09 – 7/31/09 and financed through NIH Federal Credit Union. Offer void when 7-Day Repurchase Agreement is activated. No cash advances. Cannot be combined with any other offers. Not valid on previous purchases. Must mention promotion to receive offer.

Looking for a home refinance? Check us out!

Mon, 01 Jun 2009 10:15:00 -0500

Looking to refinance your home?

Now’s the time to speak with one of NIHFCU’s mortgage experts about how you can lower your monthly payments.

Low competitive rates for mortgages of all sizes and terms
Avoid excessively high underwriting, processing, rate lock, settlement, closing and other unfair “junk” fees
No origination fees
No prepayment penalties
NIHFCU will always service your loan

Importantly, NIHFCU’s friendly and knowledgeable mortgage experts are not paid a commission. Our team’s only interest is finding you a fair and honest mortgage and is not incented to make money by selling you something you do not need.

Speak to one of our mortgage experts today at 301-718-0208 or e-mail our mortgage department. You can also apply online by clicking here.

For home improvements LARGE or small, look to NIHFCU

Mon, 01 Jun 2009 09:25:00 -0500

Could your home use new windows? Fresh landscaping? Or maybe an addition for some extra room? For a simple home improvement project or a whole new look, a low-rate NIHFCU home equity loan or line of credit can help with all your needs.

Variable Rate Home Equity Lines of Credit

Currently as low as 4.00% APR

• A perfect option for those who desire cash availability for anticipated, but unspecified future needs

Fixed-Rate Home Equity Loans

Currently as low as 5.50% APR

• An ideal option for funding a specific purchase or need with a locked in, predictable rate for the life of the loan.

Whether your needs are best met with a fixed loan or a line of credit, you may be able to borrow up to $250,000 with no fees and other member-friendly terms. Call 301-718-0208 (option 5) for more information or click here to apply today. Ask about our new Flex Option, combining the benefits of both a fixed loan and a line of credit.

“No fee” equity line program requires minimum credit limit of $100,000 with $50,000 opening advance and $40,000 minimum outstanding balance for 24 months. Some applicants must pay approximately $400 for an appraisal. Closing costs are between $600 and $1200, and if absorbed by NIHFCU under the no-fee program, must be reimbursed if the line is paid off or paid down early. Equity line lifetime minimum APR 4%, lifetime maximum APR 18%. “No fee” offer not valid on refinances of existing NIHFCU debt. No Annual Fees. Quoted APRs are lowest available as of 4/1/09 and require excellent credit, 80% or better LTV, and automatic loan payment. Loans available on owner-occupied homes in MD, VA, DC, WV, PA or DE. Rates and terms can change without notice; additional restrictions may apply. Rates and terms offered to approved applicants will be disclosed in writing as required by law.

Take a vacation from your auto loan!

Mon, 04 May 2009 07:26:00 -0500

Summer is on its way and NIHFCU wants to help with your vacation plans!

Finance a new or used vehicle, or refinance an existing non-NIHFCU auto loan between May 1 and July 31, 2009 and you can choose to bask in the joy of no payments for up to the first three months.¹ That’s hundreds – maybe even thousands of dollars – you can free up for your summer plans, including that well-earned vacation!

Talking about vacation getaways, here’s more great news!

When you finance a vehicle with us during the promotional period, you’ll be entered for a chance to win $1,000 cash into the NIHFCU account of your choice! ³ Use your “vacation” cash to make your summer an especially memorable one from your friends at NIHFCU.

And, with many member-friendly loan options, we can reduce your monthly payments to amazingly low levels with rates starting as low as 4.50% APR. For example:

60 month term with monthly payments as low as $18.65 /$1,000 financed ²
72 month term with monthly payments as low as $16.23 / $1,000 financed ²
84 month term with monthly payments as low as $14.62 / $1,000 financed ²

Get your summer plans into high gear! Click here to apply today or visit any branch.

¹Payment deferral offer available only on vehicles 2007 model year or newer; not available for refinances of existing NIHFCU loans. Cannot be combined with any other offer. Finance charges accrue during deferral period. Negative balance accounts will terminate eligibility for payment deferral. Other restrictions may apply. ² Payment samples accurate as of 05/01/09, based on our best available APRs of 4.50% (60 months), 5.25% (72 months), 6.00% (84 months) for new vehicle loans. Best APR requires excellent credit and reflects rate discounts of .25% each for Go Green Loans (city MPG of 25 or greater), direct deposit of net pay (or retirement income) or automatic loan payment, and 80% or lower LTV ratio. Your rate and payments will increase during loan term if qualifying direct deposit/auto payment ceases for any reason. Actual terms will be disclosed to approved applicants in writing. Other restrictions apply. ³ One entry per vehicle loan. No purchase required to enter or win. Odds of winning depend on entries received. Entry is automatic with any vehicle loan new to NIHFCU (refinances of existing NIHFCU loans will not result in an automatic entry). You can also enter by sending a 3” x 5” card with your name address, daytime phone number and member number to NIH Federal Credit Union, Attention: Marketing – Summer Vacation, 111 Rockville Pike, Suite 500, Rockville MD 20850. Contest begins 5/1/09 and ends 7/31/09. Prize will be awarded. Winner will be notified by phone and unclaimed prize will be given to an alternate winner. NIHFCU staff, volunteers and their immediate family members are not eligible. Taxes on prizes, if any, are winner’s sole liability. NIHFCU has no liability for winner’s acceptance or use of the prize.