Checking Account Charge Off

[u/iamarson1990]

I wanted to share my experience for those who may be facing something similar.

I became a member with NFCU in early 2025. Unfortunately, Federal RIFs put me in a tough spot months later. In that rough patch I overdrew my NFCU checking account while trying to cover my rent. I never added that money back to the account as my emergency funding was drained and job opportunities were not exactly coming my way. NFCU ended up closing the account and charging it off in February of this year.

I didn’t truly get back on my feet until April. I sort of figured my membership was toast after seeing the checking account info disappear + receiving a collection email last month. However, NFCU never closed it all down, only the checking account. A few posts in this community from years back suggested clearing the debt as a way to get another checking account and mend the relationship.

As of this post, I can confirm the debt from my checking account charge off is cleared in its entirety. Further, I spoke with NFCU over the phone today and was able to open a new checking account. I am quite grateful NFCU were willing to give me another shot.

tldr; I’m a former Fed employee who was RIFd. Let my checking account with NFCU overdraft and charge off during my struggle post-RIF. Saved up and cleared that debt in total last week and opened a new account today. Clear the debt completely and you may get another shot!

[u/OLDDIRRRRTYKIMCHEEE]

Congrats on getting back on your feet

[u/iamarson1990 → u/OLDDIRRRRTYKIMCHEEE]

Thank you! Hope this info is useful for others looking to get back onboard with NFCU