We opened our Financial Planning and Education Center (FPEC) in support of one of our core objectives, which is to provide you with as much financial education and as many financial tools and options as we can. The FPEC has expanded over the years, but the objective remains the same: every product and service that we offer through the FPEC creates an opportunity for you to gain knowledge, choices, and power as a financial consumer.
The credit union offer seminars throughout the year that are designed to provide you with the information and financial tools you need and the answers you seek in an online, interactive, obligation-free environment. Recent topics include “Managing Stress By Managing Finances,” “Understanding Your Credit Score,” “First Time Homebuyer Workshop,” and “Retirement Readiness.”
The credit union is available to develop signature educational programming custom-designed to meet your needs, which we bring right to you. Our financial education team is mobile and adaptable. Our programs are purely educational with no sales involved. They are hassle-free and chock-full of information.
To learn more about our Off-Site Educational Programming or to schedule a seminar, please call us at 844.COP.SAVE.
Member Appreciation 100-Day Share Certificate
For a limited-time-only, we are offering a 100-day Share Certificate with a 1.25% APR/1.26% APY, which is available only for new deposits.
0% Balance Transfer Promotion! (Coming Soon)
Take Advantage of National Police Credit Union's Balance Transfer Promotion!
Check Out Our Low Auto Loan Rates
National Police Credit Union auto loan rates are among the lowest and most competitive in the country.
National Police Credit Union Visa Credit Cards
Low, non-variable rate Visa credit card options for our members.
Here you will find a list of upcoming Holiday Closings
You can monitor card activity with Visa Purchase Alerts.
All immediate family members are eligible to join National Police Credit Union.
Yes! You can use our mobile app to check your account balances, view your account transaction history, transfer funds between eligible accounts, pay bills on the spot, and locate an ATM.
Yes! Simply log in to your account to sign up for our easy, and eco-friendly e-statements.
Yes! For information on online banking features and our mobile app features, visit our online banking page.
The National Police Credit Union Routing and Transit Number/ABA Number is: 271078146.
Life is an ongoing challenge: there’s always something new coming along that leads to a re-evaluation of your financial plans. Graduating college, having children, or buying a new home could all be a reason to sit down with an advisor to discuss your situation, so that you can better tailor your financial plan to your new circumstances.
1. Graduating College or Entering into the Workforce
Once you’re finished with college, the work of repaying any student debt you may have incurred begins. You’ll need to find a way to balance your debts- student, credit card, and any other loan debt- with your income. Most importantly, make a budget and stick to it!
Spending within your means is the first step to building wealth. Saving a little bit every month, even just a few dollars, can make all the difference in a few years’ time. Building wealth is difficult to start, because at first it can feel like you are working harder than your money. Once you save enough to warrant moving to an interest-bearing investment vehicle, your money will be working hard for you, instead of the other way around.
2. Getting Married
With a marriage, you’re bringing two separate identities together, and that can get a little sticky, financially speaking. There are ways to protect yourself, such as the prenuptial agreement and other legal avenues. They can be especially important when one or both parties bring children or significant savings to the marriage.
After the honeymoon, don’t forget to check out your financial situation, to make sure your current plans match up with your new situation. Some couples may wish to get life insurance right away, while others may wait for a time until they have children, or change jobs. Also consider disability insurance, in case one of you is ever out of work from an accident. Make sure beneficiaries are updated as well.
3. Having Children
There are plenty of things to do when your new baby arrives, but you should make some time to review your finances before too much time passes. Now is the time to start saving for your kids to go to college, and for those unexpected bills along the way. Consider opening a savings account for your kids now, to give them a brighter tomorrow.
Don’t forget to draw up an estate plan, if you haven’t already. You should have the appropriate paperwork in place before an accident occurs- you won’t get a chance to make it up afterwards.
4. Buying A Home
Buying a home is a large purchase, and it should be entered into with care. Talk with your advisor about the amount of home loan you can afford, so that you don’t overextend yourself. Be prepared for mortgage payments, more insurance, and plenty of memories to be made in your new home!
5. Returning to Single
It may sound daunting, but no one really plans to be single again- it simply happens. Whether it’s a divorce or a death, life happens in an instant, and that instant can leave you worried about the state of your finances.
In a divorce, you will need to separate out your entangled finances once again. This is usually done through legal avenues, as untangling your history together can take time and a lot of paperwork, especially if most of your assets or accounts are held in one person’s name.
In the event of your partner’s death, try to allow some time to pass before you make major decisions about your finances. Making sudden changes after a loss can be detrimental to your financial freedom later on! Do make sure to update your estate plan, insurance coverages, and your will, to keep up to date with the changes in your life.
6. Preparing to Retire
When you’re heading into retirement, you will hopefully be prepared for the adjustment from working to retired by several years of planning. Talk to your advisor in the time leading up to your retirement about how much you have, and what your budget will be when you do retire.
It’s just as important to spend within your means at this stage, as it was in the beginning. Make a budget, and stick to it! This should ensure a long, happy financial retirement. For even more tips and advice about when you should work on your financial plan, check out this article from Forbes.
The path to financial freedom is littered with potholes and detours: the best route forward is to talk to your financial advisor now about your plans for the future.