6/20/2023 0 Comments Nasa fcu upper marlboro mdThe annual program rewards the writing talents of young Credit Union members who are working toward four-year or two-year undergraduate degrees or vocational studies. NASA Federal awards scholarships to DC-area high school students through the Mitchell-Beall-Rosen Memorial Scholarship Contest. Nearly 20,000 runners in total participate in this event. Community outreach Children's Miracle Network Įach year, NASA Federal volunteers and participates as runners, raising thousands of dollars for the Children's Miracle Network through an annual event called the Credit Union Cherry Blossom 10 mile run. In 2020, NASA Federal originated 1,166 mortgages worth a total of $337 million. NASA Federal offers zero-down mortgages up to $650,000 with no private mortgage insurance plus a $1,000 "lender credit" toward closing costs if the home purchase doesn't go to settlement by the contract date. They have been mentioned in The Wall Street Journal as a way to achieve membership to credit unions. NASA Federal offers certificates (which are comparable to CDs). NASA Federal currently has a similar promotion that competes to lower an applicant's monthly payment. Auto Loans Īccording to The Wall Street Journal, credit unions are particularly competitive on auto loans, with the average credit-union rates on eight types of auto loans beating the comparable bank figures by an average of two percentage points. The card also offers a 9.9% APR on balance transfers for life, the same across all NASA Federal credit cards. The cards offer rewards of Star Trek merchandise and experiences. The program offers four Platinum Advantage Rewards cards including imagery from the Starfleet Academy, United Federation of Planets, Captain's Card, and Starfleet Command. NASA Federal launched its Star Trek credit card program in August 2016, in partnership with CBS (a subsidiary of Paramount Global, formerly ViacomCBS) and in conjunction with Star Trek's 50-year anniversary. These cards have been mentioned by well-known finance websites such as NerdWallet, who published an article describing the benefits of the credit cards. NASA Federal offers a fixed rate 8.9% balance transfer to those who've opened an account within 90 days. NASA Federal has been named in several publications as a recommended credit union to use for a variety of products. Products Ĭredit unions have been mentioned in media outlets about their competitive products, particularly on auto rates, mortgages and CDs as compared to larger banks. In addition, ATM fees are waived when members use NASA Federal's 53,000 partner credit unions throughout the U.S.
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