Keep your membership active
After two years with no activity, your UNFCU accounts become subject to an inactive account fee of $5.00/month. After three years, we are required by law to send any money in your account(s) to a US state institution.
Avoid these outcomes by taking one of the following actions at least once every year.
In this article
No account? Enroll in Digital Banking.
2. Make a deposit or withdrawal
Options to make a deposit or withdrawal include:
- Transferring money to or from a non-UNFCU account
- Withdrawing money at an ATM
- Depositing money at a UNFCU ATM
- Remotely depositing a US check
- Sending us a check or money order payable to yourself by postal mail. Mail the deposit to: United Nations Federal Credit Union, Court Square Place, 24-01 44th Road, Long Island City, NY 11101, USA
Transferring money between your UNFCU accounts will also keep your membership active. However, if your membership has already become dormant, you will not be able to transfer between your UNFCU accounts.
3. Complete an Account Reactivation form
Complete this form. Return your completed form to our Legal Processing team using the email, fax, or postal mail options listed at the bottom.
Inactive & dormant account FAQs
- After two years with no account activity, the account becomes inactive. A monthly inactive account fee applies to inactive accounts.
- After another year with no account activity, the inactive account becomes dormant.
- All US states require unclaimed funds to be sent to the state for safekeeping, in a process called escheatment. If no activity takes place on a dormant account, the money will be considered unclaimed and escheated to a US state institution.
We will notify you if your account becomes inactive or dormant, or if the money in your account has been escheated. We send notifications to the contact information we have on file for you, so it is important to keep this information up to date.
Yes, either joint account holder can reactivate the joint account. Please be aware that any inactive or dormant accounts solely in the other joint account holder’s name will not be reactivated. The other joint account holder will need to reactivate any accounts on which they are the only account holder.
Please contact us. We can help identify which US state institution you will need to contact. If you have a US address, you may also be able to find information on a database such as New York State’s.