DIRECT FEDERAL CREDIT UNION

Banking/Credit Unions, Mortgage Companies

About us

Direct Federal is a federally insured credit union located in Needham, MA. As a not-for-profit business, we reinvest our earnings back into the credit union. This means you benefit from our lower loan rates and higher deposit rates. Best of all, you can count on Direct to be the easiest, most dependable place to do business with.

Services we offer

Membership Benefits Beyond the great benefits of lower loan rates and higher savings rates, as a Direct Federal Credit Union member you’ll also receive these special benefits: Federally Insured deposits 20 free ATM transactions each month* with a Checking Account Free Web Banking services with Bill Pay Free online Wire Transfer with Member Checking account Free Direct Deposit service Free Bank-by-Mail Free e-Statements Free Priority Call Center service Free


Accepted payment methods

American Express
Check
Discover
Financing Available
MasterCard
Visa

Reviews

3.54 Reviews
Number of StarsImage of DistributionNumber of Ratings
5
50%
4
0%
3
0%
2
0%
1
50%


Rating CategoryRating out of 5
quality
3.5
value
4.0
professionalism
3.7
responsiveness
3.8
punctuality
4.6
Showing 1-4 of 4 reviews

jay B.
03/2021
1.0
banks
  + -1 more
It sucked. They have changed their online banking system to make it unusable - in the middle of a pandemic when no one can even visit their only branch. They have stripped out nearly all the features and those that remain required multiple clicks to many different screens just to make it extra hard and not-intutiive. I have come to hate this place so much. It is absolutely unusable. Plus, they can never answer the phone, you are on hold for an hour, the person who answers (if the ever answer at all) knows nothing and promises someone will call back - BUT THEY NEVER DO. Expect to make at least 4 or 5 phone calls for any issue, which will never be resolved anyway.
Description of Work: I just wanted to use online banking

Rating CategoryRating out of 5
quality
1.0
responsiveness
1.0
punctuality
1.0


laraine G.
10/2013
1.0
banks
  + -1 more
I called to reply to this latest offer of refinance and was told that there was no offer. It was part of a mass mailing. I have been a very good customer with no late payments ever. I do not understand how they conduct business. It was a complete misrepresentation on their part of at least 3 different offers to refinance my home. They called me- I never went looking to refinance my mortgage in the first place. Stay away from this credit union. They are terrible to do business with. The people at the bank are probably very nice but their policies and misrepresentations of offers are a laughable mess. I cannot imagine how they could justify such behavior. Every business owner would cringe at the thought of acting like this to their customers and expecting loyalty in return. I am going to be taking my business elsewhere. There are plenty of good banks who are better organized and do not misrepresent their mortgage offers. I urge you to find a more reputable credit union who actually cares about their members- this is not the one.
Description of Work: I have been a mortgage customer for 10years-never a late payment. The credit union kept sending me letters to refinance for a lower rate. I finally did and they turned me down. They told me I didn't have enough income. They said to reapply including my husbands income. They turned me down again. My husband did have a credit problem almost 10 years ago. Every time I applied it lowered my credit score from excellent to good. Now they sent me a letter saying that on careful review of my mortgage they wanted to either lower the term or the rate of my mortgage.

Rating CategoryRating out of 5
quality
1.0
value
2.0
professionalism
1.0
responsiveness
2.0


Theophilus M.
06/2012
5.0
banks
  + -1 more
The people are wonderful, and the service is great. I've been with them for years. They offer free checking. I give them A's for everything.
Description of Work: I use Direct Federal Credit Union for my banking needs.

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro
$5

Deb V.
09/2007
5.0
mortgage broker
  + -1 more
My monthly payment is automatically deducted from my bank account. I would absolutely use their loan services again. Their customer service is outstanding, knowledgeable and pleasant. I do not wish to state the loan amount.
Description of Work: I have a 1700 square foot home. My loan is a 30 year, fixed rate at 6.25%.

Rating CategoryRating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0

Yes, I recommend this pro

    Contact information

    50 CABOT ST, Needham Heights, MA 02494

    www.direct.com

    Service hours

    Sunday:
    Closed
    Monday:
    8:00 AM - 4:00 PM
    Tuesday:
    8:00 AM - 4:00 PM
    Wednesday:
    8:00 AM - 4:00 PM
    Thursday:
    8:00 AM - 6:00 PM
    Friday:
    8:00 AM - 4:00 PM
    Saturday:
    8:00 AM - 1:00 PM

    Licensing

    Insured
    State Contractor License Requirements

    All statements concerning insurance, licenses, and bonds are informational only, and are self-reported. Since insurance, licenses and bonds can expire and can be cancelled, homeowners should always check such information for themselves. To find more licensing information for your state, visit our State Contractor License Requirements page.

    *Contact business to see additional licenses.


    Service Categories

    Banking/Credit Unions,
    Mortgage Companies

    FAQ

    DIRECT FEDERAL CREDIT UNION is currently rated 3.5 overall out of 5.

    Sunday: Closed

    Monday: 8:00 AM - 4:00 PM

    Tuesday: 8:00 AM - 4:00 PM

    Wednesday: 8:00 AM - 4:00 PM

    Thursday: 8:00 AM - 6:00 PM

    Friday: 8:00 AM - 4:00 PM

    Saturday: 8:00 AM - 1:00 PM

    DIRECT FEDERAL CREDIT UNION accepts the following forms of payment: American Express,Check,Discover,Financing Available,MasterCard,Visa
    No, DIRECT FEDERAL CREDIT UNION does not offer free project estimates.
    No, DIRECT FEDERAL CREDIT UNION does not offer eco-friendly accreditations.
    No, DIRECT FEDERAL CREDIT UNION does not offer a senior discount.
    No, DIRECT FEDERAL CREDIT UNION does not offer emergency services.
    No, DIRECT FEDERAL CREDIT UNION does not offer warranties.
    DIRECT FEDERAL CREDIT UNION offers the following services: Membership Benefits Beyond the great benefits of lower loan rates and higher savings rates, as a Direct Federal Credit Union member you’ll also receive these special benefits: Federally Insured deposits 20 free ATM transactions each month* with a Checking Account Free Web Banking services with Bill Pay Free online Wire Transfer with Member Checking account Free Direct Deposit service Free Bank-by-Mail Free e-Statements Free Priority Call Center service Free

    Contact information

    50 CABOT ST, Needham Heights, MA 02494

    www.direct.com

    Service hours

    Sunday:
    Closed
    Monday:
    8:00 AM - 4:00 PM
    Tuesday:
    8:00 AM - 4:00 PM
    Wednesday:
    8:00 AM - 4:00 PM
    Thursday:
    8:00 AM - 6:00 PM
    Friday:
    8:00 AM - 4:00 PM
    Saturday:
    8:00 AM - 1:00 PM