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Don't get me started on Navy Fed. As a Chief I had to deal with them a few times. If you do not have a bank account when you arrived at basic, you will sign up for one for direct deposit. One of the banks was and still is Navy Fed. When they signed up for the acct Navy Fed encouraged them to take a $200 or greater high interest loan to “establish credit.” They do not need the loan. What could possibly go wrong./s/ NFCU kept lending them money, for computers, cars etc… I had to go with Sailors to Navy Fed a number of times to consolidate loans. Often time NFCU refused.

Canceled my NFC membership in 1986. Years later as a DOD contractor. I applied for an account and was denied. I joined another credit union. When I was overseas, received a bill from NFCU. NFCU said I owed them $200. That's was pocket change then so I paid it. Fast forward a number of years. Came into some money wanted it in a separate account, approached NFCU and was denied. They called some supervisor who said I owe them money. I asked what for. They said the $200 was just a settlement, I owed $500 for a signature loan my wife and I took at a Stateside branch in 1985. I told them I could prove that I was divorced in 1984 and was in Asia in 1985. This was a case of ID theft and they in fact owed me the $200 dollars I paid them. Supervisor got pissy, said as long as he worked for NFCU I would never get an account. My response was f’u. The clerk was apologetic said she did not understand his attitude even if I owed $500, I was depositing tens of thousands. As far as I am concerned NFCU is a predatory lender.