For the majority of people in order to be eligible to be a member you will have to join an organization from a list they provided. I joined outreach for schools and the cost was $10. Plus $5 minimum amount needed in savings account to join. So 15 bucks for me membership.
This place approved me for visa with $1,000 when NOBODY else would due to lack of credit history and too few accounts. Thought I was going to have to buy a secured card but nope! Currently have ck tu 633 with three accounts open and tons of inquiries with one item in collections (cable bill/ ex girlfriend issue).
They did deny my refi on my car but a very polite cs rep called and said with only 7 month long credit history and one account in collections they just can't do it but if I show 6-8 more months of on time payments they'll " definitely honor my request for refi at that time.". Hopefully he knows what he's talking about. Either way nobody else gave me a visa even with calling and very politely laying it on thick to all the recon lines. Dcu gave me one with a line of 1k. So I'm well on my way and super stoked I didn't have to cough up 200$ for secured card.
They do one hard inquiry for membership. Then another for any product. But with that second inquiry you can apply for multiple products like visa, refi,etc. As long as its within 45 days of second inquiry they'll just use that multiple times.
Free ATM using their machines or in their partner network if you have direct deposit and a loan of sorts with them or sign up for e statements. Two of three your choice.
Will reimburse $5 monthly for using foreign Atms.
Free monthly fico score
Tomorrow I'm going to get a quote for car insurance and maybe drop progressive.
Talked to cs twice and they were friendly and helpful. Website seems decent (nothing cutting edge) and they have an app. Overall I'm happy to have a bank now did I mention they gave me a visa when nobody would!
On other forums people obsess over the great rates they got on refi, even people with decent/ good refi, but especially people with outrageous loans they needed to ditch. I've read people going from 24% to 4%. And people going from 4% to 1.75.
Hopefully they'll offer good car insurance and I can save some cash and six months from now get out of my car loan which I think is the worst car loan anyone has ever had. Ever! The visa should help too.
Super stoked with nothing bad to say.
Thank you dcu!