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We Understand the Unique Needs of Nurses

From Registered Nurses, to Nurse Anesthetists, Clinical Nurse Specialists, Critical Care Nurses, ER Nurses and every type of nurse in between, the National Institutes of Health Federal Credit Union (NIHFCU) is a unique financial institution designed specifically for you. Our not-for-profit status, and commitment to the healthcare community means our profits are used to offer healthcare professionals, like you, great rates, lower fees, and an honest banking experience. Take a moment to review this page to discover what nurses everywhere need to know about us.

Our not-for-profit status, and commitment to the healthcare community means our profits are used to offer nurses, like you, great rates, lower fees, and an honest banking experience
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What is Banking with Heart?

It’s a state of mind inspired by the passion that nurses exhibit every day. Sure, at the NIHFCU we have great loans and checking accounts but BANKING WITH HEART is so much more! Nurses have unique financial needs that deserve personal financial solutions. At NIHFCU, we have spent years listening to nurses to understand what they desire most from a financial institution. With this insight, the NIHFCU has developed banking solutions specifically designed for healthcare professionals and we are proud to offer them to the nursing community.

For more information about the credit union or to open an account, please visit nihfcu.org

NIHFCU has developed solutions specifically designed for healthcare professionals and we are proud to offer them directly to the nursing community
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Special Benefits for Nurses

Created with your needs in mind, the NIHFCU Healthcare Benefit Suite contains unique features designed to help you navigate the road to financial wellness. This ever evolving program provides members with up to $50 in annual work-related reimbursements and is our way of saying thank you to the nursing community. The suite includes:

  • Annual Certification Reimbursement*: Certifications are an important part of your work. However, if not covered by your employer, nursing certification costs can add up. Our Healthcare Benefits Suite Certification Reimbursement was designed with this in mind. 

  • Annual Trade Memberships and Journal Subscription Reimbursement*: Staying current on the latest news is important to your success as a nurse. The NIHFCU’s Healthcare Benefit Suite can help defray some of your costs for professional-related memberships and subscriptions.  Our certification and subscription reimbursement programs provide up to $50 in annual work-related reimbursements combined. For more information, please visit our website.

At NIHFCU, our commitment to nurses goes far beyond lip service. It extends into everything we do. That’s why we are constantly evaluating the Healthcare Benefit Suite and evaluating new benefits designed to assist you on your journey to financial wellness.

the NIHFCU Healthcare Benefit Suite contains unique features designed to help you navigate the road to financial wellness
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Check-Ups For Your Financial Health

Every nurse knows that regular check-ups are the best way to identify potential issues and improve our health. The same holds true for your financial health. That’s why NIHFCU created a series of financial check-ups. These simple questionnaires are designed to identify and diagnose specific areas of your budget where you could save money. You can complete the check-ups online at your leisure and an NIHFCU representative will contact you to share their money-saving suggestions. 

  • Consumer Loan Check-Up: Designed to reduce payments on existing vehicle loans, credit card balances and other personal loans.

  • Student Loan Check-Up: Created to assist nurses like you in paying down student loan debt and reducing the burden of monthly payments.

  • Mortgage Refinance Check-Up: Developed to help nurses like you reduce their monthly spend while reaching your home ownership goals faster. 

  • Home Equity Check-Up: Built to unlock the equity hiding in your home so you can utilize it to improve other areas of your life.  

  • Retirement/Investment Check-Up: Designed to evaluate where you are on your financial journey and assist you with a plan to get there faster.

Our online check-ups have saved our members thousands of dollars and reduced payments by hundreds each month. Don’t miss this great opportunity to improve your financial wellness.

These simple questionnaires are designed to identify and diagnose specific areas of your budget where you could save money
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The Average Nurse has $40 - $55,000 in Student Loan Debt

Student loan debt can be stressful for nurses, but with rates at historic lows, now may be the time to take back control of your student loans. Recently, student loan rates hit a multi-year low. If your student loan debt has been overwhelming, you should look into a refinance of all or part of your student loans. Our Student Loan Check-Up has helped nurses lower their monthly payments and save thousands on their federal and privately financed student loans. Nurses like you already have enough to worry about, so don’t let your student loans add additional stress.

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VitaLoan: A Loan Designed with Nurses in Mind

What if there was a loan that was designed specifically for you? Presenting the VitaLoan. Designed to meet the needs of nurses like you, the VitaLoan allows you to quickly access up to $7,000 to cover work-related expenses or just the everyday surprises that life can throw at you. Use it for CE expenses, specialized equipment purchases, professional certifications, home improvements, emergency repairs, unexpected bills or any other financial obligation that might come your way. VitaLoans offer: 

  • Rates starting as low as 3.49% APR1

  • Loan amounts from $500-$7,000

  • Repayment terms up to 60 months

  • No payments due for the first 90 days2

Speak to a Specialist
Presenting the VitaLoan. Designed to meet the needs of nurses like you, the VitaLoan allows you to quickly access up to $7,000 to cover work-related expenses or just the everyday surprises that life can throw at you.
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Listen to what Other Healthcare Professionals are Saying

Don’t take our word for it, listen to what your peers are saying about NIHFCU. We asked several healthcare professionals about their experience with the credit union and this is what they said. 

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Nurse Q & A

What's different about a Financial Institution that is focused on nurses?

Great question! First, it means we understand you and your unique needs. Second, it means we can craft products and services specifically for professionals like you. Some examples include our special-purpose VitaLoan, or our nurse-focused student loan refinancing.

So, what's the deal with a credit union?

Not everyone understands the awesomeness that is a credit union. Imagine if your bank didn’t care about turning a profit or making their shareholders richer, and instead offered you better rates and lower fees designed to keep more money in your pocket. That’s a credit union! Sound too good to be true? It’s not. It’s all made possible by the Credit Union Act, which was passed by the US Government back in the 1930s. The government set up credit unions to help everyday people, and that’s exactly what we do. We just happen to be a credit union for nurses like you.

Are there any special requirements for me to do business with NIHFCU?

No, anyone who works in or around the healthcare profession can utilize our products and services.

Do I have to be affiliated with the National Institutes of Health to be a member?

No. Although we started out as a credit union for the NIH, today we serve the entire healthcare and biomedical community. To learn more NIHFCU and how to become a member, visit us our become a member page.

How can I open an account with NIHFCU?

Opening an account with NIHFCU is easy and can be completed in minutes right on our website. Open an account now.

All the Important Details
*To qualify for the Healthcare Benefit Suite, you must be a current member in good standing for a minimum of six (6) months and no more than 36 months. In addition, you must have an NIHFCU share account at or above par value and one or more of the following services with the NIHFCU at the time of your reimbursement request: NIHFCU credit card in good standing or a monthly direct deposit of at least $250. Each qualifying member is eligible for one combined annual reimbursement request not to exceed $50. All reimbursement submissions must be supported by verifiable payment receipts issued by professional healthcare-related organizations, for one of the following services (1) professional certifications, (2) memberships to professional or trade organizations or (3) subscriptions to trade journals or publications. Unused reimbursement amounts do not carry over into subsequent calendar years. For more information and specific reimbursement procedures, please visit our member reimbursement request page.
1Annual Percentage Rate (APR) as of  4/6/2020  and subject to change without notice. The lowest APR shown is available to applicants with excellent credit and includes a rate discount of 0.25% for automatic-debit loan payments from NIHFCU TotalCare checking account. If automatic payment ceases before loan is paid in full, the interest rate will increase by 0.25%. Final rates and terms for approved applications depend on type of collateral, credit and payment history, payment method and other factors that may be lawfully considered. Restrictions may apply. NIHFCU membership required. Payment example: Loan amount of $1000.00 at a rate of 3.490% APR for 24 months would have monthly payments of $43.20.
2A 90-day deferral of the first payment is an option available on the VitaLoan. Deferring a payment will delay the payoff of your loan, and result in additional finance charges if you only make minimum payments. You need to make up the deferred payments. The 90-day deferral program is subject to change at any time; restrictions apply.