Intro – Neighborhood Credit Union Reviews & Ranking
AdvisoryHQ recently published its list and review of the top credit unions in Dallas, Texas, a list that included Neighborhood Credit Union.
Below we have highlighted some of the many reasons Neighborhood Credit Union was selected as one of the best credit unions in Dallas, Texas.
Click here for a detailed review of AdvisoryHQ’s selection methodology: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.
Neighborhood Credit Union Review
Based in Dallas, Neighborhood Credit Union is recognized as the oldest and longest running credit union in the Dallas-Fort Worth metroplex.
This volunteer-directed financial institution works to help members achieve their short- and long-term goals, and along with traditional products and services, they also invest heavily in the local community and offer college scholarships.
Membership with Neighborhood Credit Union is available to anyone who lives, works, or worships in Dallas County, Ellis County, the City of Arlington or lives within 10 miles of any branch. Neighborhood Credit Union has a history spanning more than 75 years and now serves the needs of more than 30,000 members.
Image Source: Neighborhood Credit Union
Key Factors Leading Us to Rank This Firm as One of This Year’s Top Credit Union Firms
Upon completing our detailed review, Neighborhood Credit Union was included in AdvisoryHQ’s ranking of this year’s best credit unions based on the following factors.
Neighborhood Credit Union Review: Kasasa Checking
Kasasa is a branded checking account, and currently Neighborhood Credit Union is the only Dallas credit union to offer this account. This checking account provides members with valuable rewards, including a competitive APY on balances and nationwide ATM withdrawal fee refunds.
This account has no monthly fees, it includes overdraft protection up to $1,100, and the one-time opening balance is only $25.
There is no minimum balance to earn rewards, and if you complete certain actions, such as setting up an automatic payment or direct deposit, you can earn an even higher interest rate.
Neighborhood Credit Union Review: Fresh Start
For consumers who have had previous problems with ChexSystems and have been denied accounts at other banks or financial institutions, there is the Fresh Start Checking Accounts.
The Fresh Start Checking account requires only a $25 minimum deposit, and there is no minimum balance requirement.
There is a monthly service fee, but this account is available to consumers who wouldn’t ordinarily qualify for other checking accounts. After six months of good account history and completion of an educational workshop, account holders may be eligible to open other accounts at Neighborhood Credit Union.
Neighborhood Credit Union Review: Savings Accounts
The savings account options available from this top Dallas credit union include:
- Prize: Account holders have the opportunity to earn monthly, quarterly, and annual cash and prizes. This account also includes unlimited deposits and no fees if qualifications are met.
- Money Market Accounts: These are available for a low minimum balance of $1,000, and they include high yields and fast access to money.
- CDs: For members who want a higher return on their savings balance, there are CDs, which can be customized to meet individual needs.
Other savings accounts include options for kids and teens and IRAs.
Neighborhood Credit Union Review: Member Referral Program
Neighborhood Credit Union’s Member Referral Program provides rewards for current members who bring new members to do their banking with this credit union.
If you refer friends or family members who don’t have any existing Neighborhood accounts, you can receive $25 when they open a new checking account.
If you refer a new or existing member for an Auto or Signature loan, you can receive $50 when the loan is funded.
In addition to reviewing the above Neighborhood Credit Union review, you can click on any of the links below to browse exclusive reviews of AdvisoryHQ’s top rated banking firms & credit unions:
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Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.
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