Line of Credit
You may be eligible for receiving a line of credit of up to $25,000. Your monthly payment is based on your outstanding balance. You can access your line of credit by simply writing a check on your Checking account as this loan provides overdraft protection to your Checking account, or by transferring the available funds through CU Online Access. By having the line of credit available, you will have access to funds whenever you need them and you can take as much as you need up to your available balance. You'll feel very secure knowing that you have funds available when and if you ever need them.
Fun Loans
This specialty loan is great for those looking to go on a vacation or who just need some extra cash for their holiday shopping. With a one year term, this loan is designed for members wanting to borrow for a short period of time.
Signature Loans
Signature Loans for amounts up to $25,000 are available, and feature a fixed interest rate and repayment term. Consolidate high-rate loans or credit cards with just your signature required as collateral.
Member Paid Credit Life & Disability Insurance
The Credit Union provides Member paid credit life insurance up to $30,000 for all of your non-real estate loans. In the event of your death, your loan balances will be paid by this insurance and you will not leave a burden for your family*.
Disability Insurance can make your loan payments if you are unable to work, and is available through NYTEFCU. Contact a Member Service Representative today for more information*.
*Restrictions may apply