On February 1, NextMark CU will become Apple FCU
Merger Update
We are thrilled to announce that the merger received a resounding 93% approval from NextMark members. This overwhelming support reflects the strong confidence members have in the benefits of the newly combined credit union. We look forward to combining our resources and expertise to deliver greater efficiencies and economies of scale for everyone we serve. The future is bright, and we’re thrilled about the opportunities ahead for our united credit union.
What happens next? After the legal merger date of January 1, 2025, we will begin working on an integration process, with the goal of having our systems fully joined by February 1, 2025. Until that time, branches will continue to operate as a “NextMark” branch or “Apple” branch. Once the two credit unions are completely integrated, all branches will operate as one organization under the Apple FCU name, giving members even more branching options across the Northern Virginia area.
As we work towards the February integration date, changes and other important information will be sent to you. We are fully committed to keeping members informed and causing as little disruption to service as possible.
Thank you for being a member of NextMark. If you have any questions, please contact us at [email protected]
Member FAQs
Merger Information
At this time, Apple and NextMark are diligently working towards a Saturday, February 1, systems conversion date. On that day, all NextMark member accounts will be converted over to Apple accounts. Specific account information and updates will be addressed in future communications.
Continue handling your business with NextMark just as you’re used to. We would ask that you confirm that your contact information – including address, phone number and email – is up-to-date to ensure timely receipt of all merger-related communications.
Once the merger is official on January 1, 2025, your accounts at both institutions will continue to receive separate federal NCUA share insurance coverage for six months. On July 1, 2025, the accounts will be considered “merged” by the NCUA and covered accordingly. For more details about share insurance, you can visit mycreditunion.gov/share-insurance.
Account Conversion
At the time of conversion, your NextMark accounts will be merged into an Apple FCU membership creating a second Apple member number. We encourage you to combine your two accounts after the merger is complete. Specific concerns, such as reaching NCUA insurance protection limits on your accounts, will be addressed in future communications with you, if applicable.
All NextMark member accounts will automatically be migrated over to Apple’s comparable product and service offerings. Apple will notify you in the coming weeks of specific account changes.
Account and Member Number
For most members, you will keep your Member Number. A small percentage of members will experience a member number change. All members will receive a letter with these details in mid-January.
A small percentage of members will experience a change to their account numbers. While every effort will be made to bring over automatic debits (i.e., gym membership, HOA dues, etc.), they may not transition to your new Apple account. Following the conversion, we recommend you update your information with any providers with whom you have recurring payments established.
Checking and Debit Card
Your NextMark Checking account will transition into a comparable Apple Checking seamlessly and without any effort on your part. If you’ve written a NextMark check within the past 18 months, we will automatically send you an initial box of Apple FCU checks in February. You will not be charged for your initial supply of Apple logo checks. You can continue writing checks from NextMark until your new checks arrive.
If you’re an existing check writer (within the last 18 months), you will not be charged for your initial supply of Apple logo checks provided in January. Thereafter, fees may vary based on your account, desired design, etc.
NextMark members who’ve used their Debit Card within the past 18 months will receive a new Apple FCU Debit Card in mid-January. Detailed information will be sent to cardholders at a later date.
While every effort will be made to bring over automatic debits (i.e., gym membership, HOA dues, etc.), they may not transition to your new Apple account. Following the conversion, we recommend you update your information with any providers with whom you have recurring payments established.
Direct Deposit and Automatic Debits
Your Direct Deposit will automatically be routed to your new Apple account without any effort on your part. Following the conversion, however, you should contact your employer to update their records with Apple’s Routing Number and your new MICR Account Number (a 14-digit number which includes your Member Number). You can find this on the bottom of your Apple FCU checks or within digital banking following the merger.
While every effort will be made to bring over automatic debits (i.e., gym membership, HOA dues, etc.), they may not transition to your new Apple account. Following the conversion, we recommend you update your information with any providers with whom you have recurring payments established.
Online Banking and Mobile App
The vast majority of NextMark members will log in using the same Username. Those whose usernames are already in use at Apple must be changed and will be notified in advance of the merger with login instructions.
For security reasons, passwords will need to be re-established at your first login to Apple FCU Online or in the Mobile App. Your current password at NextMark can be reused, provided it meets security requirements.
Bill Pay and Zelle
Current NextMark bill payer users will be converted automatically at the time of the merger to Apple’s Pay Bill service. During the conversion, access to Online Bill Pay will be unavailable for an extended period, however, all payments will be made as scheduled, and all current billers, eBills and preferences will remain the same. More details will be provided to current users as the date draws nearer.
On January 31, your NextMark Zelle account will be deactivated. After the system conversion is complete, you will need to re-register for Zelle using your new Apple account. You’ll find Send Money with Zelle® easily from the Pay & Transfer tab with Apple FCU Online or Mobile App after conversion.
Overdraft Protection
Your overdraft protection will automatically continue for any checks or recurring debits. To cover debit card and ATM transactions, you will need to re-enroll after February 1 in Apple’s Overdraft Privilege within Apple FCU Online or Mobile App (select Add Services from Accounts menu).
Two notable changes:
- The Overdraft Protection limit will be $1,000 per member
- The fee charged by Apple FCU is $25 per occurrence.
Certificates
Your certificate(s) will automatically transfer to Apple, keeping the same rate and term.
Credit Cards and Loans
You may continue using your NextMark Credit Card after February 1. You will receive an Apple FCU Credit Card to replace your NextMark card by early March.
Your current loans will automatically transition with their existing terms and conditions to Apple Federal Credit Union on February 1. The exception would be for members with loan protection options like LoanShield; new terms and pricing will be mailed to you approximately 45 days prior to the merger.
Until that time, make your payments and call NextMark with any questions as you would today.
For all existing NextMark members who would like to apply for an auto loans, personal loans, or credit card can still apply online with NextMark until January 31. For all Home Equity and Mortgage Loans, beginning December 4, you will be asked to establish an Apple FCU membership and apply directly with Apple.
If you would like to establish membership you will be asked to visit AppleFCU.org or visit an Apple branch location.
Mortgages and Home Equities
There will be no change to your 1st trust mortgage held with the Credit Union Mortgage Association (CUMA). You should continue to reach out to them directly for servicing and make payments as you do today.
Your current equity loan or line of credit will automatically transition with its existing terms and conditions to Apple Federal Credit Union on February 1.
Business Accounts
Much like personal accounts, any NextMark business checking will transition to a comparable Apple FCU Business Account at the time of conversion. Businesses with an associated Visa Debit Card will receive new Apple FCU Business Debit Cards in mid-January.
Apple FCU Account Disclosures and Commercial Fee Schedule will be mailed in mid-December.
Your business will also be able to use Apple FCU Online and Mobile Banking following the merger for day-to-day account access tailored to small businesses.
To learn more, contact our Business Services team beginning February 3.
Branches
Yes, all NextMark branch locations will remain open and begin operating under the Apple FCU brand beginning February 1. The Herrity and Government Center locations will operate under the same branch name; the Springfield Branch will be renamed Springfield Town Center, and the Fairfax Headquarters will then be known as Fairfax-Members Way.
Additionally, these branches will have new extended hours starting February 3 to align with Apple FCU branch operations:
New Hours for Fairfax-Members Way and Springfield Town Center Branches:
- Lobby Hours
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- Monday-Friday: 9 a.m.-5 p.m.
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- Saturday: 9 a.m.- 1 p.m.
- Drive-thru Hours
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- Monday-Friday: 9 a.m.-6 p.m.
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- Saturday: 9 a.m.-1 p.m.
New Hours for Government Center and Herrity Branches
- Lobby Hours
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- Monday: Closed
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- Tuesday-Friday: 9 a.m.-1 p.m.
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- Saturday: Closed
For a complete list of Apple’s extensive branch network, as well as nationwide ATMs, visit AppleFCU.org/Locations.
General Information
Apple’s routing number is 256078514.
Yes, Apple FCU provides scholarships to qualified high school seniors. For information about additional community and charitable efforts, visit AppleFCU.org/Community.
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Got Questions?
As the merger process continues, we will keep members informed of progress, including sharing important notices, dates, and events. If you have questions that haven’t been addressed in these FAQs, please email [email protected].
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Who is Apple FCU?
Established in 1956, Apple FCU is an award-winning, top 100 credit union, serving roughly 245,000 members with $4.4 billion in assets. As a member-owned financial cooperative, Apple FCU serves a diverse community of school systems and anyone who lives or works in Fairfax, Frederick (VA) and Prince William counties. With a strong emphasis on innovation and technology, Apple prioritizes member experience and financial education, striving to empower individuals and families to achieve their financial goals.