NIH Federal Credit Union Articles

Board Nominations Now Being Accepted

Tue, 03 Nov 2009 09:42:00 -0600

Want to help shape the future of NIHFCU? You may be eligible to serve on your Board of Directors. As a Board member, you will partner with NIHFCU’s Senior Leadership Team and other NIHFCU members who have volunteered their time and expertise to ensuring the safety, soundness and growth of the credit union. For more information, please contact Sharon Watson at (301) 348-2025 or click here to e-mail her by November 30, 2009.

Here's a Rate Worth Celebrating

Tue, 03 Nov 2009 08:05:00 -0600

With next year marking NIHFCU’s 70th anniversary, the number “7” has special relevance to the credit union. And “7” can also help you build your own net worth starting today!

Now through our anniversary month (January, 2010), when you open a 7-Month Certificate with at least $10,000 in new money, you’ll be rewarded with a great rate worthy of celebration!

3.00% APY with direct deposit

2.75% APY without direct deposit

Best of all, your yield is certain and guaranteed. It’s a smart and profitable way to help you end the year on a high note and begin celebrating our big 7-0! Open your 7-Month Certificate today and start celebrating with a great yield.

Visit any branch today to open your certificate or click here to access a certificate sign-up form.

*APY=annual percentage yield as of 11/01/09 and subject to change without notice. Quoted rates are for new money only and apply to both regular and IRA certificates. NIHFCU reserves the right to refuse certificate offer if applicant’s pattern of withdrawal or borrowing from NIHFCU indicates attempt to avoid “new money” requirement. Minimum required balance $10,000; maximum permitted balance $100,000 for regular certificates, no maximum for IRA certificates. Direct deposit must be full net paycheck or other regular monthly income. Early withdrawal penalties may apply. Tax penalties may apply to IRA contributions or withdrawals. Consult a tax advisor.

NIHFCU Account Access...Anytime. Anywhere

Tue, 03 Nov 2009 07:35:00 -0600

We’ve made several new enhancements to mobile banking, providing increased convenience and account access…anytime and anywhere.

mobile.nihfcu.org

When you visit mobile.nihfcu.org from your mobile device, now you can:

Check current NIHFCU deposit and loan rates
Search for any NIHFCU or network ATM or branch nationwide

As always, NIHFCU online banking members who log in to their accounts from mobile.nihfcu.org will continue to enjoy access to the following account transactions:

Check balances
Review transaction history
Transfer funds
Pay bills

For more on mobile.nihfcu.org, please click here.

Introducing TXT NIHFCU

TXT NIHFCU is a free service allowing you to receive on-demand text messages from NIHFCU to your handheld device or email address. TXT NIHFCU is compatible with virtually any mobile device and allows NIHFCU online banking members to get instant updates on their deposit account balances and recent transactions with complete security.

For more exciting information and to enroll, please click here.

Win up to $200 in Free Gas

Not only can mobile.nihfcu.org and TXT NIHFCU add convenience to your life, it can also save you money at the pump. From now through November 30, 2009, when you login to your NIHFCU account from mobile.nihfcu.org you will be entered to win $100 in free gas. Enroll in TXT NIHFCU and receive your first text message to be entered to win another$100 in free gas.

No purchase, mobile.nihfcu.org or TXT NIHFCU enrollment required to enter or win. Odds of winning depend on number of entries received. To enter without mobile.nihfcu.org or TXT NIHFCU enrollment, send a 3”x 5” card with your name, address and daytime phone to NIH Federal Credit Union, Attention: TXT NIHFCU Drawing, 111 Rockville Pike, Suite 500, Rockville MD 20850. Two entries per member over 18. Contest begins 11/01/2009 and ends 11/30/09. Taxes on prizes, if any, are winner’s sole liability. NIHFCU has no liability for winner’s acceptance or use of the prize. Void where prohibited. Visit www.nihfcu.org or any NIHFCU branch for complete contest rules. NIHFCU is the sponsor of this contest.

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Complimentary Retirement Plan Check Up

Fri, 16 Oct 2009 11:31:00 -0500

Let MEMBERS Financial Services help you make the healthy choices today to plan for a financially fit tomorrow.

Your complimentary, no-obligation consultation will provide a customized analysis of your current retirement plan, providing you with a variety of scenarios, predictions and healthy options to keep you on track to meet your retirement goals.

Call (301) 296-3426, e-mail hmadsen@nihfcu.org, or stop by any NIHFCU branch location to schedule your complimentary Retirement Plan Check-Up with an Advisor today.

For additional information on the products and services available to NIHFCU members through MEMBERS Financial Services, please click here.

Representatives are registered, securities are sold, and investment advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA and SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, Iowa 50677, toll-free (866) 512-6109. Nondeposit investment and insurance products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the financial institution. CBSI is under contract with the financial institution, through the financial services program, to make securities available to members. CUNA Brokerage Services, Inc., is a registered broker/dealer in all fifty states of the United States of America. The Representative may also be a credit union employee that accepts deposits on behalf of the financial institution.

Make Your Home's Equity Work for You

Fri, 09 Oct 2009 11:12:00 -0500

You may not be made of money, but your house certainly could be. With hard-to-match rates as low as 4.00% APR (Annual Percentage Rate), an NIHFCU Home Equity Line of Credit (HELOC) is a smart money management option!

An NIHFCU HELOC allows you to quickly access funds for practical needs such as home improvements, tuition expenses, a new business, or simply to consolidate high-rate debt. You might even treat yourself to that special getaway you’ve been dreaming about.

Other great benefits of our HELOCs include:

• Quick and easy online application

• Fast turnaround time allows members to start saving money as soon as possible

• No application or maintenance fees, no points or origination fees.

• Our staff does not work on commission. You’ll get the HELOC that’s right for YOU

Click here to learn how you can make your home’s equity work for you. You can also call our Mortgage Services Department at 301-718-0208 or e-mail mortgage@nihfcu.org..

Healthy mortgages from a lender you can trust

Wed, 16 Sep 2009 09:41:00 -0500

With nearly 70 years experience as a trusted lending partner, NIHFCU is your source for a mortgage that will put you into a house, not into trouble.

NIHFCU’s mortgage program features:

• Fixed and adjustable first mortgages

• 120-day lock in mortgage rates

• Home equity loans and lines of credit

• Low rates and fees

• Convenient terms

To find out more, click here. Or you can contact our mortgage experts at 301-718-0208, option 5 or click here to e-mail them.

"ATM Safety - Play it Safe!"

Sat, 12 Sep 2009 14:15:00 -0500

Brush up on smart ATM usage habits! Click here for a quick online tutorial.

Your Bonus Points Can Benefit a Child in Need

Tue, 01 Sep 2009 09:41:00 -0500

NIHFCU is providing all its credit card holders a special opportunity to help a child in need. From now through December 31, 2009, NIHFCU Visa cardholders can donate any portion of their accumulated ScoreCard Bonus Rewards Points to The Children’s Inn at NIH.

The Children’s Inn at NIH is a residential “place like home” for sick children and their families. Children come from across the country and around the world to stay together with their families in The Inn’s healing environment while receiving groundbreaking medical treatments at the NIH.

Your points donation will help The Children’s Inn at NIH continue to excel in providing a positive, warm and caring setting for these truly special children and their families.

To donate your ScoreCard Bonus Rewards Points to benefit The Children’s Inn, visit any NIHFCU branch or click here for a transfer request form.

* Donated points may be tax deductible at a rate of $.0149 (1.49 cents) per point. NIHFCU does not provide tax advice. Please consult your tax advisor.

Give Your Child a Healthy Head Start on Saving

Wed, 19 Aug 2009 13:10:00 -0500

NIHFCU’s “High Five” Youth Saver Certificate is a perfect way for parents and grandparents to jumpstart a savings plan for their child or grandchild 17 years old or younger with an exceptional offer:

• 5-month term

• 5% Annual Percentage Yield

• $1,000 (maximum)

To be eligible for this offer, you must first be a member of NIH Federal Credit Union. Click here to check your eligibility.

Click here for a “High Five” Youth Saver Certificate Form, call 301-718-0208 or visit any branch location for more details.

Rate available as of 8/26/09. To apply for this certificate, membership must first be established for the minor. This offer subject to termination by NIHFCU without notice. Limit one certificate per minor account/member during the promotion period.

Healthy Rates for Healthy Rides

Mon, 10 Aug 2009 10:16:00 -0500

NIHFCU wants to contribute to your financial fitness.

With many dealers offering huge discounts on purchase prices and NIHFCU’s exceptional loan terms, there may be no better time to buy than right now!

New vehicle financing starting as low as 3.00% for 3 years
Used vehicle financing starting as low as 4.00% for 3 years

Fantastic terms are also available for longer terms loans up to 7 years.

Click here to learn more about our healthy auto financing programs and how we can get you into your dream car at a low, low rate.

At NIHFCU, not only are our rates low, we can finance up to 100% of your vehicle purchase price and unlike many other lenders, there are no prepayment penalties should you decide to accelerate your pay-off.

Need some more great news?

At NIHFCU, you can also opt to defer your initial auto loan payments for up to 90 days,* freeing up cash for other short-term needs you may have.

If you’re ready to buy or refinance, NIHFCU is ready to lend. Click here to apply today or stop by any branch location to learn more and apply in person.

APR = Annual Percentage Rate. Current as of August 1, 2009 and subject to change without notice. Only highly qualified applicants will receive these rates. Best APR requires excellent credit and reflects rate discounts of .25% each for Go Green Loans (city MPG of 25 or greater), 20% down, direct deposit of net pay (or retirement income) with automatic loan payment. Rates available on direct lending only. 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. Other rates and terms are available.

**Payment 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.