Deposit Accounts

Share Draft Checking
It seems banks are charging more and more every year for even the most basic of services.  It makes you wonder if they really want your business at all.  At FASNY FCU, our Share Draft (Checking) Accounts are checking the way it should be.

• FREE—ATM/Debit Card Access
• FREE Checks
• FREE Internet Teller
• FREE Direct Deposit
• FREE Automatic overdraft protection from Savings
• Access to the Shared Branching Network
• No monthly service charge—No per-check fee
• Dividends paid on balances over $50.00
• ATM Fees refunded up to $2

Shared Branching
As a FASNY Federal Credit Union member, you can enjoy the convenience of the services that a CU Service Center has to offer.  The concept is simple – members can access their FASNY FCU accounts and take advantage of all traditional branch services at any of the participating branches.  All that the member needs is a valid FASNY Federal Credit Union account number and proper photo identification. 

Just walk into any credit union that displays the swirl to access your accounts.

Visit www.cuservicecenter.com to find a branch near you.

Loans
Borrow up to $100,000 with our Hassle Free Credit Process. Complete a simple credit application and send it along with your organization’s last two year-end financial statements for quick approval. For loans over $100,000, additional forms may be required depending on the loan type .

Partner with FASNY Federal Credit Union on the purchase of Apparatus, Personal Protective Equipment, Communications Equipment, or Accessory Equipment. Obtain a low rate Share or Certificate Secured Loan to finance your building renovations, rehabilitation, repair or purchase.

Benefit from our Flexible Payment Terms to suit the needs of your organization’s budget. Repay your loan monthly, quarterly, semi-annually, or annually over a term of anywhere between three and twelve years depending on the purpose and use of loan proceeds.

If funds become available to your organization, pay off your loan early with No Prepayment Penalty.

Apparatus: Pumpers, Tankers, Ladder Trucks, Emergency Response Vehicles including Ambulances or other such specially equipped motor vehicles used for fire/EMS protection and response (including utility vehicles).  We can also refinance the rehabilitation cost of any of the above. $500,000 limit, maximum repayment term of 12 years, maximum loan to value of 80%

Personal Protective Equipment: Clothing and devices that comply with OSHA standards used to protect personnel from injury who provide emergency services; including but not limited to helmets, coats, boots, eye shields, gloves, and self-contained respiratory protection devices. $100,000 limit, maximum repayment term 8 years, maximum of 75% of total project cost.

Communications Equipment: Mobile and Portable Radios, pagers and any other communications devices for your personnel, apparatus, and station. $100,000 limit, maximum repayment term of 8 years, maximum of 80% of total project cost

Accessory Equipment: Other equipment necessary to support firefighting or emergency rescue activities, also including building renovations, rehabilitation, repair or purchase of facilities. $100,000 limit, maximum repayment term of 12 years, maximum loan to value of 80%

Share or Certificate Secured: Other equipment necessary to support firefighting or emergency rescue activities, also including building renovations, rehabilitation, repair or purchase of facilities.         $100,000 limit, maximum repayment term of 10 years, maximum loan to value of 95%

Rates and terms current as of date shown, subject to change. Other rates and terms available. Other conditions may apply. Call for details. Loan approval subject to membership eligibility and credit granting terms and conditions. We do business in accordance with the Equal Credit Opportunity Act.