Just got a new Fidelity Brokerage account. Not able to link it to my credit union at

[Evee]

the credit union web site. Should I give it a week or two? Maybe it is to new? Any advice?

 

[latexman]

Patience, grasshopper. Give it a week.

 

[cathy63]

Our Fidelity accounts won't link to our credit union either (CU is Meriwest). Apparently the CU doesn't participate in some banking system that allows them to verify account ownership. I had a similar problem when trying to connect a Chase account to the same CU. When I called Chase they offered to set up a 3-way call with the CU to verify the info, but I didn't bother.

What I ended up doing instead was setting up the connections from the CU side. The CU made two tiny deposits into the other accounts and I verified those amounts and from then on I can move money both ways, I just have to initiate it from the CU website instead of the Fido or Chase sites.

 

[audreyh1]

I always set up links from Fidelity. It generally works better to initiate transfers either direction from Fidelity anyway - fewer limits and probably faster. I’ve linked Fidelity to several credit unions - no problem.

 

[jollystomper]

I always set up links from Fidelity. It generally works better to initiate transfers either direction from Fidelity anyway - fewer limits and probably faster. I’ve linked Fidelity to several credit unions - no problem.

+1 Same here. Try it from the Fidelity end.

 

[Evee]

I need to set it up on the credit union side to auto pay a credit card there.

 

[audreyh1]

Setting transfers up on the credit union side has nothing to do with paying a bill there.

If you need to pay a bill at the credit union just make sure to transfer adequate funds from Fidelity ahead of time. Autopay same.

 

[monte1022]

I found it easy to set up ACH transfers between Fidelity and my CU. However, Fidelity was never able to connect my CU to full view. I even had their tech guys try without success.

 

[latexman]

I linked my Fidelity accounts to my CU from the Fidelity website. It is a wire transfer. No cost on either side.

 

[Lucie]

My daughter had difficulty because her Fidelity account was in her name only and her CU account was joint. Are both of your accounts individual?

 

[audreyh1]

I linked my Fidelity accounts to my CU from the Fidelity website. It is a wire transfer. No cost on either side.

Are you sure? These links are for ACH transfers. Wire transfer is a different animal and is generally requires a setup each time. I suspect most CUs would not charge for incoming wires but charge for outgoing. Fidelity doesn’t charge.

 

[latexman]

Are you sure? These links are for ACH transfers. Wire transfer is a different animal and is generally requires a setup each time. I suspect most CUs would not charge for incoming wires but charge for outgoing. Fidelity doesn’t charge.

Absolutely positive, been using it for years.

 

[MarieIG]

I linked my Fidelity cash management account to my CU checking account and CU credit card.

 

[Al18]

I’ve had difficulty with ACH transfers with a small credit union. As an alternative, you might want to setup a savings account with a large online bank such as Discover or CapitalOne and use the new account with Fidelity.

 

[qwerty3656]

It sound like you're trying to originate the transaction at the credit union? FWIW, I linked my bank and my credit union on Fidelities web site (to my brokerage account) and originate everything from Fidelity and it works with no issues.