Share Draft Checking

VISA Debit Card

Co-op Network ATM Card

Direct Deposit

Payroll Deduction

Switching is Easy...

Member Services

Members of the North Rockland Educational FCU enjoy a wide variety of products to serve all of their financial needs, including:

  • Share Accounts (Savings)
  • Share Draft Accounts (Checking)
  • Share Certificates of Deposit (CDs)
  • Direct Deposit and Payroll Deduction
  • VISA Debit and ATM Cards (NREFCU never charges a fee, and there is no fee at all when used at ATM machines located in 7-Eleven stores nationwide)
  • VISA Credit Cards
  • Mortgages and Home Equity Loans
  • New and Used Auto Loans
  • Personal Loans, Holiday Loans & Vacation Loans
  • Education Loans
  • Share Secured Loans
  • Overdraft Protection Lines of Credit

Manage your family’s finances with ease:

A North Rockland Educational FCU share draft account, with a Co-op Network ATM card or VISA Debit Card, offers you the ultimate in convenience and savings in managing your family’s finances on a daily basis. With benefits not available from many other types of financial institutions, a North Rockland Educational FCU share draft account can save you hundreds of dollars each year! We appreciate the share draft business of our members and, unlike most other financial institutions, we don’t charge exorbitant fees to access or manage your money.

Switching is Easy:

  • Switching your checking account from another financial institution to the North Rockland Educational FCU is easy!
  • Open and start using your North Rockland Educational FCU share draft account, along with your ATM or Debit Card.
  • Simply stop using your old checking account (and ATM or Debit card if you have one).
  • As soon as all the checks you have written on your old checking account have cleared, write a check on the old account for the remaining balance and deposit it into your North Rockland Educational FCU share draft account. Then, call or write the other financial institution and advise them to close your checking account.

Don’t delay, act today! Begin saving money and experiencing the convenience of a North Rockland Educational FCU share draft account right away.

Member Services Offered:

Share Accounts (Savings):

  • Competitive Interest Rates

Share Draft Accounts (Checking):

  • NO minimum balance
  • NO monthly service fee
  • NO per-share draft charge
  • NO charges for pre-authorized drafts
  • NO limit to number of share drafts
  • Free electronic storage of your cancelled checks
  • ATM/Debit card access
  • Overdraft protection

Share Certificates of Deposit:

  • 6, 12, 18 & 24 month certificates
  • Aggressive APR’s

Direct Deposit:

  • Save time, make your money available faster, and start earning dividends sooner through the convenience of having your funds deposited electronically to your NREFCU share or share draft account.
  • Members can have their paychecks, Social Security checks, and other types of regular payments sent directly to their credit union accounts.

Payroll Deduction:

  • Payroll deduction is one of our most popular services. Although all Credit Union members can have their paychecks directly deposited into their credit union accounts, employees of the BOCES, Clarkstown , North Rockland, Pearl River, Ramapo, and South Orangetown school districts, as well as Rockland Teachers’ Center and Haverstraw King’s Daughters Public Library employees, can have just a specified portion of their paychecks directly deposited as a payroll deduction.
  • Payroll deduction makes it easy for members to save, and is a very convenient way for members to make credit union loan payments automatically.

VISA Debit Cards:

  • Pay directly from your share draft account wherever the VISA logo is displayed.
  • Make ATM withdrawals and transfers.

ATM Cards:

  • 24 hour access to share and share draft accounts at any ATM displaying the Co-op Network, NYCE, Plus, Accel, or the Exchange logo.

VISA Credit Cards:

  • No annual fee
  • 10.9% APR

Mortgages:

  • 10 to 30 year terms
  • Fixed rate, jumbo fixed rate, and adjustable rates
  • Go to www.cucmortgage.com for current rates and fees.

Mini Home Equity Loans:

  • $35,000.00 loan, 7.5% APR, 10 year term

New and Used Auto Loans:

  • 2, 3, 4 Years - 5.99% APR
  • 5 Years - 6.99% APR
  • 6 Years - 7.99% APR (New cars only)

Personal Loans:

  • Up to $15,000.00, 11.5% APR, up to 5 years

Vacation Loans:

  • Offered from June 15th to September 1st each year
  • Up to $3,500.00, 9.0% APR, 10 months

Holiday Loans:

  • Offered from November 15th to January 1st each year
  • Up to $3,000.00, 9.0% APR, 1 year

Education Loans:

  • Available for full and part time students
  • Up to $10,000.00 per 12 month period, $20,000.00 maximum
  • 8.5% APR, 10 year term

Share Secured Loans:

  • Secured by shares on deposit in account
  • 6.0% APR

Overdraft Protection Loan:

  • $2,000.00 line of credit, 13.0% APR