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Pros and cons: Navy Federal

Posted on 4/23/18 at 8:38 pm
Posted by jcolding41
Member since Sep 2015
5922 posts
Posted on 4/23/18 at 8:38 pm
I just opened my account a few days ago and was wondering what sets NFCU apart from the rest. Any benefits that are unique to NFCU? TIA.
Posted by Sofa King Crimson
3rd Ward
Member since Nov 2008
4135 posts
Posted on 4/23/18 at 10:50 pm to
no PMI on mortgages is why I went with them.
Posted by bubba102105
Member since Aug 2017
533 posts
Posted on 4/24/18 at 7:37 am to
Been with them since 2004. Never had any issues and always have decent rates. Just recently switched over to using USAA. Highly recommend using both
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 4/24/18 at 7:55 am to
quote:

Navy Federal


quote:

cons:



Branch locations. I live on the northshore, and the closest branch is in Belle Chase. A lot has changed since I got out in 2007, but for me, that was a deal breaker, and I opened a new account elsewhere. Still have the Navy Fed accounts active, have actually thought about going back to them recently.
Posted by momentoftruth87
Your mom
Member since Oct 2013
86110 posts
Posted on 4/24/18 at 9:26 am to
Pros: -They'll give a loan to anyone.
-Great customer service
-Pretty good rates
-cheap services/fees

Cons: -limited locations.

I like them.
Posted by seawolf06
NH
Member since Oct 2007
8159 posts
Posted on 4/24/18 at 10:17 am to
Is Navy Federal the same as Pentagon Federal (PenFed)?
Posted by BoatSchoolTiger
Houston, TX
Member since May 2013
659 posts
Posted on 4/24/18 at 2:18 pm to
Pros:
Best customer service out there
Really good rates. (when I bought my first car dealership asked if I was using a credit union, I said either NFCU or USAA. They responded with a I can not get a number close to them)


Cons: Locations (however how many times do you need a physical location?)
Posted by TigerintheNO
New Orleans
Member since Jan 2004
44826 posts
Posted on 4/24/18 at 3:41 pm to
quote:

Branch locations. I live on the northshore, and the closest branch is in Belle Chase.


There are 2 locations in Algiers- one on Gen DeGaulle and one in Federal City. Still a good trip from the northshore, but you don't have to go all the way to Belle Chase.
Posted by anl4002
Member since Mar 2017
36 posts
Posted on 4/24/18 at 10:09 pm to
Navy Federal has pretty good rates for auto loans
Posted by anl4002
Member since Mar 2017
36 posts
Posted on 4/24/18 at 10:33 pm to
The Belle Chasse location is closed.
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