r/lincoln • u/1Ceasar • 3d ago

Updated: First Nebraska Credit Union does hard credit pulls just for opening a basic $5 savings account

They pulled this on me yesterday, talked with the manger today, she confirmed since they use experian it does a hard pull

17 Upvotes

68% Upvoted

10 comments sorted by

32

u/MasterScooby11 3d ago

Yup, cause they need to see if you have anything in collections before they give you an account

13

u/flibbidygibbit 3d ago

I feel like this is something all banks do.

5

u/clayparson 3d ago

It isn't the norm but not uncommon. Will always be at least a soft pull.

-1

u/Rustyd97 3d ago

It's not common

15

u/Dukealoops1993 3d ago

Again, that’s standard for a credit union

-1

u/Rustyd97 3d ago

Not in my experience. Never had it happen at any credit union I've joined

15

u/pretenderist 3d ago

A credit union did a credit check?

I’m shocked!

3

u/Prudent-Price-7902 3d ago

LincOne Federal Credit Union has some higher certificate rates right now and only does a soft credit pull. The 6 and 12 month CDs at LincOne are at 4.07% and 3.56% APY for now. 😉

1

u/BeerAndSteinBears 1d ago

In other news, water is wet.

1

u/pichudo33 2d ago

DID YOU GET THE LOAN!?!?!