NASA Federal Credit Union
NASA Federal Credit Union is a not-for-profit, member-owned cooperative credit union serving federal employees, NASA contractors, and their families with consumer and small-business deposits, lending, mortgages, credit cards, and wealth services across Maryland, Virginia, and Washington D.C.
- Company typePrivate
- Founded1949
- HeadquartersUpper Marlboro, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What NASA Federal Credit Union does
NASA Federal Credit Union is a not-for-profit, member-owned cooperative credit union chartered to serve federal government employees, NASA contractors, and their families. Founded in 1949 and headquartered between Bowie and Upper Marlboro, Maryland, it operates a 251-500 employee organization with physical branches across Maryland, Virginia, and Washington D.C., plus a Correspondent Lending channel and the CO-OP Shared Branch network for in-network transactions outside the core footprint.
The credit union runs a full-stack retail and small-business banking platform built on consumer and commercial deposit products (checking including BaZing with cash back debit, savings, share certificates, IRAs, HSAs, money markets), lending products (Zero Down Mortgage and Launchpad Home Loan with no PMI even on jumbos, conventional/VA/FHA mortgages, home equity/HELOC, auto and RV loans, personal/student/debt consolidation loans, Visa Platinum Advantage Rewards, Platinum Cash Rewards, Visa Classic, Secured, and co-branded SpaceX and National Space Society cards), and small-business banking (business checking/savings, business Platinum credit card, working capital term loans, equipment/vehicle, lines of credit, and commercial real estate loans). The technology layer includes iOS/Android mobile apps, a desktop online banking portal, BillPay+, Zelle, Remote Deposit, Apple Pay/Google Pay, Visa Click to Pay, Quicken Direct, DocuSign e-signature, and Glia AI live chat; marketing analytics run on Google Analytics, Microsoft Clarity, Meta Pixels, Google Ads and Microsoft Advertising.
The business model is classic credit-union economics: revenue derives primarily from net interest margin on the loan book (mortgages, auto, personal, credit card balances at 8.9% intro to 17.99% APR, and business lending) plus fee income from card interchange, deposit account service charges, late fees up to $35, wire services, and shared branch/CO-OP activity. Customer acquisition is anchored by federal employer relationships and a "Become a Partner Company" program, with outreach through direct mail, paid search, social, and community sponsorships such as the Credit Union Cherry Blossom Ten Mile Run. Wealth-adjacent services (investment, retirement, tax, estate, life insurance) are offered as add-on revenue. The credit union is regulated by the NCUA, federally insured up to at least $250,000, and operates under NMLS ID #486583 as an Equal Housing Lender; it complies with CCPA, GDPR, USA PATRIOT, HIPAA (HSA-related), and FERPA requirements.
NASA Federal Credit Union firmographics
Firmographics- Name
- NASA Federal Credit Union
- Legal name
- NASA Federal Credit Union
- Website
- https://nasafcu.com
- Company type
- Private
- Founded year
- 1949
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- NASA Federal Credit Union is a not-for-profit, member-owned cooperative credit union serving federal employees, NASA contractors, and their families with consumer and small-business deposits, lending, mortgages, credit cards, and wealth services across Maryland, Virginia, and Washington D.C.
- Ownership category
- akta.pro rank
NASA Federal Credit Union industry classification
Industry- Product category
- Credit Union Services
- NAICS
- Credit Unions (52213), Credit Card Issuing (522210)
- SIC
- Functions Related To Depository Banking, Nec (6099), Personal Credit Institutions (6141)
- akta.pro primary industry
- Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)
- akta.pro secondary industries
- Credit Cards & Revolving Credit (FSABAAAC), Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL), Business / Corporate Credit Cards (FSAKABAF)
Keywords
Where NASA Federal Credit Union is headquartered
LocationHeadquarters
- HQ city
- Upper Marlboro
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
NASA Federal Credit Union business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Interest Income from Lending: The primary revenue stream comes from interest earned on loan products including mortgages (conventional, FHA, VA, jumbo), auto loans, recreational vehicle loans, personal loans, home equity loans and HELOCs, business loans, and credit cards. Interest rates vary by product type and creditworthiness.
- Credit Card Fees and Interest: Revenue from credit card annual percentage rates (APRs ranging from 12.4% to 17.99% for purchases), balance transfer fees, cash advance fees ($5 or 3%), and other card-related charges.
- Deposit Account Fees: Fee income from checking accounts (monthly maintenance fees unless direct deposit or balance requirements met), overdraft fees, wire transfer fees, and other account service charges.
- Service Fees: Various service fees including late payment fees (up to $35), skip-a-payment fees, wire instructions, and other banking service charges.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Conventional Mortgages (up to $1,249,125) |
| Other | Monthly | Jumbo Mortgages ($832,750 and up) |
| Other | Monthly | VA Mortgages |
| Other | Monthly | FHA Mortgages |
| Other | Monthly | Auto Loans |
| Other | Monthly | Personal Loans |
| Other | Monthly | Visa Platinum Advantage Rewards |
| Other | Monthly | Visa Platinum Cash Rewards |
| Other | Monthly | Visa Classic |
| Subscription | Monthly | Checking Accounts |
| Transaction based/ take rate | Annual | Debit Card Cash Back |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels6 records
NASA Federal Credit Union product offering
Product offeringCore offering
NASA Federal Credit Union is a member-owned, not-for-profit credit union offering personal and business banking products including mortgages (conventional, FHA, VA, jumbo, and zero-down), auto and RV loans, credit cards, personal and student loans, checking, savings, share certificates, IRAs, HSAs, and money markets. It also provides business banking (checking, savings, credit cards, working capital loans, equipment financing, lines of credit, and commercial real estate loans) and financial planning services (investments, retirement, tax, life insurance, and estate planning). Distribution occurs through physical branches in Maryland, Virginia, and DC, online banking, mobile apps (iOS/Android), phone banking, and a shared branch network.
Product overview
NASA Federal Credit Union is a credit union offering a comprehensive financial services platform spanning consumer banking, business banking, lending, and wealth management. The core product portfolio centers on deposit accounts (checking, savings, certificates, IRAs, HSAs, money markets), consumer loans (mortgages including Zero Down Mortgage and Launchpad Home Loan, auto loans, credit cards with multiple rewards tiers including Visa Platinum Advantage Rewards, Visa Platinum Cash Rewards, and co-branded SpaceX/NSS cards, plus personal loans and student loans), and business services (checking, savings, credit cards, and financing including working capital loans, equipment loans, and commercial real estate). The Digital Banking platform provides online and mobile access to all accounts with features including BillPay+, Remote Deposit, eStatements, and Zelle integration. The product architecture combines a unified banking platform with specialized lending products, business services division, and financial planning services, all accessible through digital and physical branch channels.
Differentiator
Problem solved
Functional benefit
Brands
- HomeAdvantage: Home search and cash rewards program enabling members to find homes through MLS listings, connect with real estate agents, and earn cash rewards averaging up to $2,700 when buying or selling homes through the network.
- LaunchPad Home Loan
- BaZing Checking
- BillPay+
Products and services
- Conventional Mortgages
Quantifiable outcome
- Members who refinanced with NASA Federal saved an average of $1,128 a year
- +3 more outcomes
Companies that use NASA Federal Credit Union
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
NASA Federal Credit Union technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration15 records
AI capability6 records
Feature4 records
NASA Federal Credit Union partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- CU Realty ServicescorePartnership to provide the HomeAdvantage program offering home search through MLS listings, access to network real estate agents, and cash rewards (averaging up to $2,700) for members who buy or sell homes using the network.
- VisacoreCredit and debit card services including Visa Platinum cards, Visa Classic, contactless cards, Visa Secure protection, and digital wallet support (Apple Pay, Google Pay).
- Cherry Blossom Ten Mile RunminorSponsorship of the Credit Union Cherry Blossom Ten Mile & 5K Run-Walk event.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
NASA Federal Credit Union competitors and assessment
Company assessmentDirect peers
- SchoolsFirst Federal Credit Union: California-based credit union serving school employees and their families through a closed-membership/affinity model. Comparable member-organization structure and consumer product platform.
- Boeing Employees Credit Union (BECU): Large employee-affiliated credit union serving Boeing employees and the broader Pacific Northwest community. Comparable employer-anchored membership model and full consumer banking product suite, but at significantly larger scale.
- First Tech Federal Credit Union: Credit union serving employees of technology and aerospace companies with a similar closed-membership/affinity structure. Overlaps with NASA FCU's aerospace employee base and offers comparable consumer and business products.
- Navy Federal Credit Union: The largest credit union in the U.S., serving military, DoD, and federal employees. Operates a directly comparable federal-employee membership model, full product breadth (mortgages, credit cards, business), and digital-first distribution, making it the most analogous peer at far greater scale.
- Congressional Federal Credit Union: Serves employees of the U.S. Congress and federal legislative agencies with a similar closed-membership model and consumer banking focus. Comparable member profile and product set within the federal employee niche.
- Security Service Federal Credit Union: Large credit union with military and government employee membership roots, full-service consumer and business banking, and multi-state footprint. Comparable closed-membership heritage and product breadth to NASA FCU.
- PenFed Credit Union: Pentagon Federal Credit Union serves military, veterans, and government employees with a comparable product suite including mortgages, auto, credit cards, and business banking. Closed-charter membership structure mirrors NASA FCU's federal-affiliate model.
- Alliant Credit Union: National digital credit union offering a similar consumer product platform including mortgages, credit cards, and deposit products. Comparable digital-first approach with a broader open-charter membership footprint.
- DCU (Digital Federal Credit Union): Large multi-state credit union with strong digital banking capabilities and broad consumer product set (deposits, mortgages, auto, credit cards). Comparable in digital-first execution and product breadth, with an open-charter membership model.
- Andrews Federal Credit Union: Maryland-based credit union serving military and civilian personnel in the Joint Base Andrews area. Overlapping Mid-Atlantic geographic footprint and federal-employee membership base make it a direct local-market peer.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
NASA Federal Credit Union social profiles
Digital presenceNASA Federal Credit Union compliance and trust
Trust signalCompliance9 records
NASA Federal Credit Union financial estimates
Financial estimateRevenue estimate
Valuation estimate
NASA Federal Credit Union leadership team
Management profileNumber of profiles
NASA Federal Credit Union subsidiaries and ownership
Company hierarchySubsidiaries1 record
NASA Federal Credit Union funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NASA Federal Credit Union M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NASA Federal Credit Union
What does NASA Federal Credit Union do?
NASA Federal Credit Union is a member-owned, not-for-profit credit union offering personal and business banking products including mortgages (conventional, FHA, VA, jumbo, and zero-down), auto and RV loans, credit cards, personal and student loans, checking, savings, share certificates, IRAs, HSAs, and money markets. It also provides business banking (checking, savings, credit cards, working capital loans, equipment financing, lines of credit, and commercial real estate loans) and financial planning services (investments, retirement, tax, life insurance, and estate planning). Distribution occurs through physical branches in Maryland, Virginia, and DC, online banking, mobile apps (iOS/Android), phone banking, and a shared branch network.
Is NASA Federal Credit Union a public or private company?
NASA Federal Credit Union is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was NASA Federal Credit Union founded?
NASA Federal Credit Union was founded in 1949. It employs 251 to 500 people.
Where is NASA Federal Credit Union based?
NASA Federal Credit Union is headquartered in Upper Marlboro, United States, in the North America region.
How does NASA Federal Credit Union make money?
Four revenue lines are on record. Interest Income from Lending is the primary driver. The others are credit Card Fees and Interest, deposit Account Fees and service Fees.
Who are NASA Federal Credit Union's main competitors?
Direct peers on record are SchoolsFirst Federal Credit Union, Boeing Employees Credit Union (BECU), First Tech Federal Credit Union, Navy Federal Credit Union, Congressional Federal Credit Union, Security Service Federal Credit Union, PenFed Credit Union, Alliant Credit Union, DCU (Digital Federal Credit Union) and Andrews Federal Credit Union.
Does NASA Federal Credit Union have an API?
No public API is recorded for NASA Federal Credit Union.
What industry is NASA Federal Credit Union in?
NASA Federal Credit Union's product category is Credit Union Services. Its primary akta.pro industry code is FSABAEAA, Community Credit Unions (Retail/Consumer Focus), with a secondary code of FSABAAAC, Credit Cards & Revolving Credit. Its NAICS code is 52213 and its SIC code is 6099.