Please add Navy Federal Credit Union

lalbrecht1313's Avatar


14 Feb, 2016 10:10 PM

Please add a connection to the Navy Federal Credit Union.


  1. 1 Posted by David Hanley on 14 Feb, 2016 10:15 PM

    David Hanley's Avatar

    Hi Laura,

    Unfortunately, it doesn't appear that Navy Federal Credit Union supports direct OFX connections, which Moneydance requires in order to talk directly to a financial institution.  The best way to get your transactions into Moneydance is to use a web browser to download them from your credit union's web site.  You can download into QFX, QIF, OFX or OFC files (sometimes referred to as Quicken or MS Money files), any of which will import cleanly into Moneydance.   You can also open your credit union's download page directly (after entering the appropriate address in the Account->Edit Account menu) by going to the menu bar and selecting Online->Open Account Website.

    If your credit union begins to support direct OFX connections in the future, we will be happy to work with them.

    Please let me know if I can be of further assistance, and thank you for your interest in Moneydance.

    David Hanley
    Infinite Kind Support

  2. 2 Posted by Jim Newhall on 22 Mar, 2016 01:49 AM

    Jim Newhall's Avatar

    NFCU DOES support QFX as a manual download option. Their FAQ says:
    "When you download your account data, this data request is encoded in QFX format and transmitted seamlessly over the Internet to a QFX Web server. The server accesses your account data and returns it to Quicken in QFX format."

    So they are using a QFX server. Could Moneydance access the information this way?

  3. Support Staff 3 Posted by Jenny on 22 Mar, 2016 09:42 AM

    Jenny's Avatar

    Hi Jim,

    There are two methods that personal finance software can use to access your accounts: Direct Connect and Web Connect.

    With Web Connect, the software basically connects to your bank's website and downloads and imports OFX, QFX, QIF, and OFC files automatically.

    Direct connect actually connects to a server at your bank instead of their website and usually requires different login credentials than you would use to log into your banks website.

    Moneydance only supports automatic connections through Direct Connect and not Web Connect.

    To use Web Connect you have to give the usernames and passwords you use to log into your bank websites to Intuit. Intuit then stores these on their own servers. Intuit has to have your passwords on their servers to be able to connect to the bank on your behalf. By only using Direct Connect, we can guarantee that your username, password and financial data only ever exists with your bank or on your own personal computer, and at no point are your details stored on another server.

    Infinite Kind Support

  4. System closed this discussion on 21 Jun, 2016 09:50 AM.

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