Savings Accounts
Main Savings
Become a member by making an initial $5.00 deposit which allows you access to all of our products and services. Dividends are based on the average balance in your account throughout the dividend period. You must have a minimum $15 average balance and the account must remain open during the dividend period in order to earn interest.
Holiday Club Account
The peace of mind you achieve by planned savings makes the holiday season a more joyous time. Be "In The Money" next year by opening a holiday club account. Club accounts begin in October, but it's never too late to open an account. In October, we can either transfer the money to your savings or checking account at the Credit Union or mail you a check. A minimum $5.00 deposit will open the account. Sign up for payroll deduction/direct deposit and watch your account grow. Club accounts earn the same interest as savings accounts.
Vacation Club Accounts
Take the vacation of your dreams by opening a vacation club account. You can start saving for your vacation at any time of the year by opening an account with an initial $5.00 deposit. Sign up for payroll deduction/direct deposit and watch your account grow. You can make three withdrawals from the vacation club account during a calendar year. Club accounts earn the same interest as savings accounts.
IRA Accounts
Traditional IRA - an additional vehicle to save for your retirement. This account may be tax deductible depending on your income level. The interest you earn on this account is tax deferred until the funds are withdrawn. You can contribute up to $4,000 per year and in some cases more if you are 50 years of age or older. If you follow certain IRS guidelines, you may rollover a 401K or qualified retirement plan into this account. This account earns interest monthly.
Custodial Accounts
Start saving for your child's future or teach your child to save a portion of their money. It only takes $5.00 to open an account. You can contribute through payroll deduction/direct deposit or make over the counter deposits. The advantage of a Uniform Transfer to Minors Act Account is that the interest earned on this account could be either tax free or at a reduced rate depending on the child's income. Withdrawals may only be used for the benefit of the child.
Checking Accounts
- Free Unlimited Check Writing (No Per Check Charges)
- Payroll Deduction/Direct Deposit
- Free Debit Card
- Overdraft Protection Available (Savings or Loan)
- Free Online Banking
- Free C.U.R.TE.SY (Credit Union Response Telephone System)
- ATM Access
Open a checking account with a $25 initial deposit. After that, the minimum balance required is $5.00. No monthly service charges or per check charges.
Debit Card
A Visa Debit Card can simplify your busy lifestyle. Our Debit Card gives you a faster and more convenient
way to buy whatever goods and services you may need. You can purchase groceries, gas, medicine, or rent a car. The money will be deducted from your draft/checking account. The Credit Union never charges you a fee when you use this card as a credit card. It also works as an ATM card to get cash or purchase goods at other point of sale terminals (PIN required - $.25 fee each transaction).
ATM Card
Our ATM Card will give you 24 hour access to cash. You can either withdraw cash from an ATM machine or it can be used to buy products or services at point of sale terminals with your PIN, e.g. to purchase gas. Point of Sale transactions are deducted from your draft/checking account.
Direct Deposit
Direct deposit is the safest, fastest and most convenient way to automatically deposit your net pay, Social Security check, or pension check into your Credit Union account. Your funds are available immediately to meet your needs. There are no lost/stolen checks, postal delivery delays or waiting on line to deposit a check. Provide your company with our ABA number: 221982156 and your account number. If you work for PepsiCo or PBC, ask us for a payroll deduction card.
Payroll Deduction
With payroll deduction, you can have a portion of your net pay automatically deposited into your Credit Union account. If you work for PepsiCo or PBC, ask for a payroll deduction card. Your travel expense or SHPS reimbursement checks can also be automatically deposited to your Credit Union checking or savings account.
Overdraft Protection
Whoops, you forgot to record a check! If you sign up for overdraft protection against your savings account and have the necessary funds, we will automatically transfer funds to your checking account up to six times per month. You can also apply for a line-of-credit loan. Funds will automatically be transferred from your credit line to your checking account to cover the insufficient balance up to six times per month.
Loans
Vehicle Loans (New or Used Cars, Trucks, SUVs, Boats, and Motorcycles)
We can finance your dream vehicle. In many cases, we can provide the lowest rate. Call our loan officer at 914-253-2066 for details. Don't be fooled by complicated finance deals. Always negotiate the price of the vehicle without financing or trade-ins to get the best deal. Loan payments can automatically be deducted from your account.
Visa Credit Cards
We offer Classic Visa Cards at fixed, low annual percentage rates with the following features:
Low 12.9% Annual Percentage Rate
No Annual Fee
Cash Advances at the same interest rate as purchases - 12.9% APR and no cash advance fee
25 day interest-free grace period
Late payment fee - $20.00
Call our loan officer at 914-253-2066 to discuss transferring balances from other higher interest rate cards. If your child is going to college, you may want to get a card in their name for emergencies.
Our VISA processor offers its own web based access at www.EZcardInfo.com. You will be able to access statements, monitor charges, obtain balances and pay your bill free of charge online.
If you would like to make a payment on your VISA card by phone, please call the following number 800-872-1712 or 800-299-9842. There will be a $10 charge for this service.
To report lost or stolen Visa Credit Cards call Credit Card Member Services direct at 800-543-5073.
Personal Loans
Need a loan to pay for taxes, vacation, wedding, furniture, car repair, home improvement or debt consolidation? Call the Loan Officer to get details. Loans range from $1,000 to $15,000 from one to five year terms. Rates range from 12.9% to 14.00%. Loan payments can be automatically deducted from your account.
Line-of-Credit Loans
Temporarily short of funds? Apply for a revolving line of credit. The funds can be withdrawn by cash/check or you can set up overdraft protection against your checking account. Funds can automatically be transferred to cover insufficient funds in your checking account up to six times per month. You can apply for up to 10% of your annual salary. The annual percentage rate is 14.00% and the maximum term is 3 years. The minimum for each advance is $100.00. Loan payments can be automatically deducted from your account.
Share Secured Loans
Save by borrowing against your savings account. The interest rate is much less than a personal loan. You won't deplete your savings account and it will continue to receive interest. Loan payments can be automatically deducted from your account.
Mortgages
We offer a wide array of mortgage products and terms. Whether you're buying your first home, refinancing your rate or looking to tap into the equity in your home. Our friendly staff will help you walk through the process. Get pre-approved so you can shop for your dream home without worries.
1st Mortgages
Fixed Rate
Variable Rate - ARM's*
Interest-Only*
Call for rates as they change daily.
Home Equity/2nd Mortgages
Fixed Rate - Amount borrowed, Rate & Terms depend on the amount of equity in your home
Lines-of-Credit - Variable Rate*
Payment Options: Principle & Interest or Interest Only
Principle & Interest Option - payments vary on amount borrowed & term
shortens/extends with interest rate fluctuation
Call our loan officer for details at 914-253-2066.
Automatic Loan Payment
Sign up for automatic loan payments. Your loan payment will be divided by the number of times you are paid per month. Deductions will be deposited to your savings account and the loan payment will be transferred automatically on the 1st business day of each month.
*Variable Rate Loans: The Annual Percentage Rate may increase after consummation of the loan.
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