Frequently Asked Questions
- About NETFCU
- Account Questions
- ATM/Debit Card Questions
- Certificates of Deposit Questions
- Checking Questions
- Debit/Credit Card Questions
- Financial Literacy Questions
- General Product and Service Questions
- Home Banking Questions
- Loan and Credit Questions
- Miscellaneous Questions
- Roth IRA Questions
- Security Questions
Yes. This can be done by utilizing the direct deposit form here.
No we do not
No, not at this time.
No we do not at this time
Yes, free for members.
Yes or No with applicable details
Yes, we offer money orders for a fee of $3.00
Yes, we offer wire transfers for a fee of $30.
None at this time.
The answer should describe all methods including in-person, online, and by mail. Include a link to a downloadable (PDF) of your credit union’s change of address form.
If you need to place a stop payment on a check, please call a Member Service Representative at 781-641-6700, please have the following information available: check number, the date the check was written, the amount of the check, and the name of the payee. The fee for this service is $25.00
Yes or No with applicable details
At NETFCU, your deposited funds are 100% insured. This is possible by our membership in the NCUA and MSIC:
Your money is insured by the National Credit Union Administration (NCUA), an independent agency of the United States Government. Your funds are federally insured up to $250,000 and backed by the full faith and credit of the United States Government. https://www.ncua.gov/legal/guidesetc/guidesmanuals/ncuahowyouracctinsured.pdf
Amounts above $250,000 are insured by the Mass Share Insurance Corporation or MSIC.
https://www.msic.org/uploads/pdfs/MSC3672_EnglishBrochure.pdf
Credit unions are non-profit and exist to help people, not to make a profit. As such, all earnings are returned to their members in the form of high-interest savings and low rate loans.
A volunteer board of directors, elected by the members, governs a credit union. With their vote, each member has a direct impact on the direction of the credit union. Also, "people helping people" is the credit union philosophy.
A credit union's goal is to serve all of their members equally and provide charitable contributions to their community. Credit unions are owned by their members. Each member gets one vote and an equal say in how the credit union is run.
As of January 1, 2012, paper savings bonds are no longer sold at financial institutions. This action supports Treasury’s goal to increase the number of electronic transactions with citizens and businesses. Click here for details about purchasing savings bonds electronically.
If your credit union cashes savings bonds, explain your policy. You can find information and a guide on TreasuryDirect.gov here: http://www.treasurydirect.gov/instit/savbond/guide/guide_cash.htm
