Northeast Community FEDERAL CREDIT UNION
Empowering underserved communities through financial inclusion and grassroots development since 1981.
We help you to make the most of life through smart financial management.
4.9/5.0 (Member Positive feedback)
Receive personalized financial solutions tailored to achieve your specific goals.
Solutions
Strategize, execute, and thrive.
Personal Financial Solutions
Member accounts, loans, mortgages, and online banking designed to meet your financial needs.
Business Solutions
Business accounts, financing, and lending programs to help entrepreneurs and small businesses thrive.
Community Programs
Credit rebuilding workshops, financial literacy training, and partnerships with local organizations.
Tax Consulting
Personalized tax consulting to to take the stress out of your tax filing season.
About us
Our Story
NECFCU is a non-profit, member-owned, federally insured community development credit union (CDCU) formed in 1981. We are a U.S. Department of the Treasury-certified Community Development Financial Institution (CDFI), recognized for our high impact in the communities we serve.
While our origin story began in the Northeast corner of San Francisco serving mainly the Chinatown Tenderloin neighborhoods, our trusted partnerships and embracing of technology has allowed us to expand throughout California as CalAlliance. We remain focused on grassroots community development through financial stability, economic literacy, small business development, and home ownership.
Members helping members help themselves
How we can support your goals
Curious about what NECFCU does and how we can assist you? Discover the benefits and value.
How to switch to NECFCU
Bring your business to us and experience all the financial benefits you could be missing.
Member Helping Member
We care about your money and financial wellbeing.
Helping families grow
Helping businesses succeed
Helping communities thrive
A Partner in Growth! “As a small business owner in Sacramento, I needed a financial partner that actually understood the local community and the unique challenges of a startup. NECFCU didn’t just give me a business account; they provided the guidance and flexible lending I needed to expand my shop. It feels great knowing my business is supported by people who care about my success as much as I do.”
Marcus T.
Business Owner, Sacramento CA
Personal Service You Can Trust! “After moving to San Francisco, I was overwhelmed by the ‘big bank’ atmosphere where you’re just another account number. Switching to NECFCU was the best decision I’ve made for my finances. Whether I’m visiting the Chinatown branch or using the mobile app, the staff is always incredibly helpful and made the process of securing my first auto loan feel simple and stress-free.”
Elena R.
Member, San Francisco
general questions
Read frequently asked questions.
Find out what you could be missing with a complimentary initial consultation from an AllurePress financial advisor.
Do you have more questions? Contact us
Membership is open to individuals who live, work, worship, or attend school in our designated service areas, as well as their immediate family members. We also welcome employees of our various partner organizations and select employer groups. If you aren’t sure if you qualify, give us a call and we’ll help you find a path to membership.
Unlike a bank, NECFCU is a not-for-profit financial cooperative owned by its members rather than outside stockholders. This structure allows us to return our “profits” to you in the form of lower loan rates, higher savings yields, and reduced fees. When you join, you aren’t just a customer; you are an equal owner of the institution.
Yes, your deposits are federally insured up to at least $250,000 by the National Credit Union Administration (NCUA). This insurance is backed by the full faith and credit of the United States Government, providing the same level of security as FDIC insurance at a bank. You can rest easy knowing your hard-earned savings are fully protected.
To get started, you’ll need a valid government-issued photo ID (such as a Driver’s License or Passport) and proof of your Social Security or Taxpayer ID number. You will also need to provide a small initial deposit, usually as little as $5 to $25 to establish your “share” or ownership in the credit union. Most applications can be completed online or in person in just a few minutes.
Absolutely, as we offer robust mobile and online banking tools that allow you to manage your finances from anywhere. Additionally, through our CO-OP Shared Branching network, you can access your accounts at thousands of credit union locations and surcharge-free ATMs nationwide. You get the personal feel of a local institution with the convenience of a global reach.
Because we are member-owned, we prioritize your financial health over profit, often resulting in lower interest rates and more flexible terms than commercial lenders. We also offer a “common sense” underwriting approach, meaning we look at your entire financial picture rather than just a credit score. Plus, you’ll benefit from personalized service and local decision-making throughout the entire application process.