When it comes to choosing a lender for personal loans, it’s crucial to conduct thorough research and consider all your options. With numerous lenders available in the market, it can be challenging to determine which one is the right choice for you. In recent times, First Flight Federal Credit Union has gained considerable attention as a potential lender. But the question remains: Is First Flight Federal Credit Union a scam or is it a legitimate financial institution? In this article, we will delve into the details of First Flight Federal Credit Union to help you make an informed decision.

Who is First Flight Federal Credit Union?
First Flight Federal Credit Union has been serving its members since 1952, establishing itself as North Carolina’s premier full-service financial institution. With branches spread across the state, they provide a wide range of services and products that allowed them to cater to various financial needs. Their website, efirstflight.com, serves as a platform for advertising their services and engaging with potential customers.
The credit union’s membership is diverse, encompassing residents of multiple communities, employees from different industries, small businesses, and even military personnel and civilians. Their corporate headquarters is located at 1815 Kildaire Farm Rd., Suite A in Cary, NC 27518, and they can be reached at 1-800-807-0766.
While First Flight Federal Credit Union holds a B- rating from the Better Business Bureau (BBB), it is not accredited by the BBB. The credit union has received an average customer review rating of 1 out of 5 stars, based on one customer review and one complaint closed in the last three years.
Understanding How First Flight Federal Credit Union Works
To become a member of First Flight Federal Credit Union, you will need to provide basic information such as your name, address, and date of birth. Additionally, they may request to see your driver’s license or other forms of identification to verify your identity. One notable advantage of membership is that your family and household members are also eligible to join and enjoy the benefits of membership.

Qualifying for membership can be accomplished in several ways. First Flight Federal Credit Union accepts members from the military, government employees (both current and retired), and individuals residing, working, or worshiping in specific communities such as Lenoir County, Pitt County, Morehead City Community, New Bern Community, and Havelock Community.
Moreover, having electric service through Carteret-Craven EMC or being employed by an organization with a corporate relationship with First Flight can also qualify you for membership. In addition, you can join one of the associations affiliated with First Flight Federal Credit Union by making a donation of $5 to $10. The associations you can join include the Capital Area Preservation Club, Holly Springs Arts Council, and Beaufort Historical Society.
Here are some key benefits of becoming a member:
- Member Ownership: As a member, you have a say in the credit union’s decisions through voting rights in elections for the Board of Directors. This democratic structure ensures that the credit union operates in the best interest of its members.
- Competitive Rates and Lower Fees: First Flight Federal Credit Union often offers competitive interest rates on loans and savings accounts, and they strive to keep fees low. This can translate into cost savings for members compared to traditional banks that may have higher interest rates and fees.
- Personalized Service: First Flight Federal Credit Union prides itself on providing personalized and attentive service to its members. You can expect to receive individualized assistance from knowledgeable staff who are committed to helping you achieve your financial goals.
- Community Focus: Being part of a credit union fosters a sense of community. First Flight Federal Credit Union actively supports local initiatives and invests in the well-being of the communities they serve. By banking with them, you contribute to the growth and development of your local community.
- Financial Education and Resources: First Flight Federal Credit Union places a strong emphasis on financial education. They offer resources, workshops, and seminars to help members enhance their financial literacy and make informed decisions about their money. This commitment to education sets them apart from many traditional banks.
- Flexibility and Convenience: First Flight Federal Credit Union provides a range of convenient services, including online and mobile banking, making it easy to manage your finances from anywhere. Additionally, their branch network across North Carolina ensures that you have access to in-person services and support when needed.
Examining First Flight Federal Credit Union’s Rates and Fees
When considering any financial institution, it’s important to thoroughly review the rates and fees associated with their services. In the case of First Flight Federal Credit Union, their personal loan rates range from 10.77% to 12.68% APR, which can be considered highly competitive in the market. However, it’s important to note that interest rates may range between 10.25% and 11.00% for other credit options available, indicating that rates can vary based on the type of credit product.
First Flight Federal Credit Union charges a minimum of $25 per month or 2% of your loan balance, whichever amount is higher. While there are no fees for unused lines of credit, it’s worth noting that you are only required to pay interest on the balance you have utilized.
Customer Feedback and Concerns
Customer feedback plays a vital role in assessing the credibility and reputation of any financial institution. In the case of First Flight Federal Credit Union, customer reviews and concerns can shed light on the overall customer experience.

First Flight Federal Credit Union has a B- rating from the BBB, indicating that there have been some concerns or complaints raised by customers. While it is not accredited by the BBB, it’s important to note that ratings and reviews can vary, and a single complaint may not necessarily reflect the experience of all customers.
The credit union has received an average customer review rating of 1 out of 5 stars based on one customer review. It’s crucial to consider customer feedback when making a decision, as it provides insights into the level of satisfaction or dissatisfaction experienced by individuals who have interacted with the institution.
Considering Loan Terms and Conditions
When obtaining a loan, understanding the terms and conditions is crucial to ensure that you are making a well-informed decision. At First Flight Federal Credit Union, it’s important to note that once you receive the loan funds, the loan cannot be canceled or reversed. Therefore, it is essential to carefully consider whether taking out a loan is the best option for your specific financial situation before proceeding.
Exploring Alternative Options
While First Flight Federal Credit Union may be one option to consider, it’s always beneficial to explore alternative lenders and compare rates, fees, and customer reviews. By doing so, you can gain a comprehensive understanding of the available options and make an informed decision that aligns with your financial goals and needs.
When considering loans or seeking financial assistance, there are several steps you can take to improve your overall financial well-being. Developing and adhering to a budget can help ensure that you only spend what you can afford, allowing you to better manage your finances. Additionally, consulting with a financial advisor can provide valuable insights into your options and assist in creating a tailored financial plan based on your specific circumstances.
If you find yourself in debt or struggling to meet your financial obligations, don’t lose hope. Many companies are willing to work with customers to arrange more manageable payment plans. By reaching out to the customer service team at First Flight Federal Credit Union or other financial institutions, you can explore potential solutions and seek guidance to improve your financial situation.

FAQs
1. How does First Flight Federal Credit Union ensure the security of my personal and financial information?
First Flight Federal Credit Union takes the security of your personal and financial information seriously. They employ a range of advanced security measures, including encryption technology, firewalls, and secure data centers, to protect your data from unauthorized access. Additionally, the credit union has strict policies and procedures in place to ensure the confidentiality and integrity of your information. Regular security audits and monitoring systems are implemented to identify and address any potential vulnerabilities.
2. What services does First Flight Federal Credit Union offer to small businesses?
First Flight Federal Credit Union recognizes the importance of supporting small businesses and offers a range of services tailored to their needs. These services include business checking accounts, business loans, lines of credit, merchant services, payroll processing, and business credit cards. The credit union’s dedicated business banking team is available to provide personalized assistance and guidance to help small businesses thrive.
3. How does First Flight Federal Credit Union assist members in financial planning and wealth management?
First Flight Federal Credit Union understands the significance of financial planning and wealth management. They offer a comprehensive suite of services to assist members in these areas. These services include retirement planning, investment advisory services, estate planning, education funding, and insurance solutions. The credit union’s financial advisors work closely with members to develop personalized financial plans, considering their goals, risk tolerance, and time horizons.
4. What resources does First Flight Federal Credit Union provide to educate members about financial literacy?
First Flight Federal Credit Union is committed to promoting financial literacy among its members. They offer a variety of educational resources and tools to enhance financial knowledge and decision-making. These resources include online financial education modules, budgeting and savings guides, debt management resources, webinars and seminars, and one-on-one financial counseling sessions. The credit union aims to empower members with the knowledge and skills necessary to make informed financial choices.
5. How does First Flight Federal Credit Union support the local community?
First Flight Federal Credit Union is deeply rooted in its commitment to community involvement and support. They actively participate in various community initiatives and organizations, fostering partnerships and making a positive impact. The credit union sponsors local events, supports charitable causes, and promotes financial education programs in schools and community centers. First Flight Federal Credit Union believes in giving back to the communities it serves and strives to be a responsible corporate citizen.
6. Can I access my First Flight Federal Credit Union accounts and perform transactions online?
Yes, First Flight Federal Credit Union provides secure online banking services that allow you to access your accounts and perform a wide range of transactions conveniently. Through their online banking platform, you can view account balances, transfer funds between accounts, pay bills, set up automatic payments, and even apply for loans. The credit union’s online banking system employs robust security measures to protect your sensitive information and ensure a safe and seamless digital banking experience.
7. How does First Flight Federal Credit Union support members in times of financial hardship?
First Flight Federal Credit Union understands that members may face financial hardships at different stages of life. In such situations, the credit union offers support and assistance. They have dedicated teams that specialize in financial hardship programs, loan modifications, and debt restructuring. These teams work closely with members to understand their unique circumstances and develop customized solutions to help them navigate through challenging times. First Flight Federal Credit Union is committed to supporting its members and helping them achieve financial stability.
8. What are the benefits of becoming a member of First Flight Federal Credit Union compared to traditional banks?
Becoming a member of First Flight Federal Credit Union offers several advantages over traditional banks. As a member, you are part of a financial cooperative where your voice matters. Unlike traditional banks, First Flight Federal Credit Union operates as a not-for-profit organization, meaning its primary focus is serving its members rather than maximizing profits for shareholders.
Conclusion
In conclusion, First Flight Federal Credit Union has been serving its members since 1952 and offers a variety of financial services and products. While the credit union has a B- rating from the BBB and an average customer review rating of 1 out of 5 stars, it’s essential to thoroughly research and compare various lenders before making a decision.
When considering a loan, it’s crucial to understand the terms and conditions, rates, and fees associated with the loan. Furthermore, exploring alternative options and seeking financial advice can provide valuable insights and help you make an informed decision.
Ultimately, whether First Flight Federal Credit Union is the right choice for you depends on your individual circumstances and preferences. By considering all available information, including customer reviews, rates, and fees, you can make a well-informed decision that aligns with your financial goals and needs.
First Flight Federal Credit Union
First Flight Federal Credit Union Review
In conclusion, First Flight Federal Credit Union has been serving its members since 1952 and offers a variety of financial services and products. While the credit union has a B- rating from the BBB and an average customer review rating of 1 out of 5 stars, it’s essential to thoroughly research and compare various lenders before making a decision.