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We're here for you!

If you or your household are experiencing direct financial hardship due to the federal government’s downsizing activities, we’re committed to helping in any way that we can.  Please review the resources below.

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Financial Relief

If you have an NIHFCU certificate(s): 

  • NIHFCU will waive the standard early withdrawal should access to these funds be needed prior to maturity.  (evidence of layoff and hardship will be required for the fee waiver).

As a reminder, your NIHFCU savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. Click here for more information.

If you have an NIHFCU loan(s):

If you would like to apply for a new Loan(s): 

  • Our low rate share-secured loan may be a borrowing option for members to consider under certain conditions.

  • This loan allows members to borrow at a very low rate by using the NIHFCU shares they pledge to secure the loan

  • Speak to a specialist regarding this opportunity at 1-877-852-4748 or apply here.

Note: For all other loans, standard underwriting guidelines, including income requirements, remain in place.

 

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NIHFCU Wealth Advisors

If you have a brokerage account with NIHFCU Wealth Advisors 1 or would like investment and retiring planning support. 

  • Please contact Hassan Al Kadhimi, Registered Assistant at 301-348-2034 or email him at here to schedule a free consultation.

 

Learn more about
NIHFCU Wealth Advisors
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Certified Financial Counseling

NIHFCU’s partner, GreenPath Financial Wellness,  offers our members free access to individualized counseling, guidance, and educational services.  GreenPath is financial management program that has been helping individuals improve their financial health for over 60 years.

The program provides a range of free online tools covering topics such as personal & family budgeting, debt repayment, avoiding financial stress, money & credit management.

Greenpath certified financial counselors are available by phone to discuss your debt management or other financial concerns. Members can speak confidentially and with no-cost to a Greenpath Certified Financial Counselor. 

 

Learn More
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General Consumer Information

Resources for Workers Impacted by Recent Federal Government Actions

The Montgomery County Department of Health and Human Services encourages anyone impacted by these cuts to contact them and determine if they are eligible for Medicaid or other assistance. The Office of Eligibility and Support Services can be reached by calling 240-777-1003 or by emailing OESS.MoCo@montgomerycountymd.gov

 

 

* All investing involves risk including loss of principal. No strategy assures success or protects against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.
Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. NIH Federal Credit Union and NIHFCU Wealth Advisors are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using NIHFCU Wealth Advisors, and may also be employees of NIH Federal Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, NIH Federal Credit Union or NIHFCU Wealth Advisors. Securities and insurance offered through LPL or its affiliates are:
Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to 10% IRS penalty tax and surrender charges may apply. Variable annuities are subject to market risk and may lose value.
Not Insured by NCUA or Any other Government Agency
Not Credit Union Guaranteed
Not Credit Union Deposits or Obligations
May Lose Value
Your Credit Union (“Financial Institution”) provides referrals to financial professionals of LPL Financial LLC (“LPL”) pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a current client of LPL for advisory services. Please visit https://www.lpl.com/disclosures/is-lpl-relationship-disclosure.html for more detailed information.
The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.
LPL Financial Form CRS