Business Savings & Checking Minimum Balance Requirement APY* Savings $2.50 0.05% Business Checking none 0.00% Sub-Accounts none 0.05% Dividend on average daily balances of $50.00 or more. Business Money Market Balance APY* $2,500.00 to $9,999.99 0.05% $10,000.00 TO $24,999.99 0.05% $25,000.00 and over 0.05% Dividend on average daily balances of $2,500.00 or more 3 free withdrawals per month, $5 fee for each withdrawal after 3 Business Certificates Accounts Term APY* Certificate of Deposit Special 30 Days to 6 months You pick the term from as low as 30 days up to 6 months. Valid on new deposits only. Dividend Rate 3.93% APY* 4.00% 3 Months 90 to 179 days 0.05% 6 Months 180 to 359 days 0.10% 12 Months 360 to 719 days 0.15% 2 Years 720 to 1,079 days 0.15% 3 Years 1,080 to 1,439 days 0.15% 4 Years 1,440 to 1,799 days 0.15% 5 Years 1,800 days 0.20% $500 minimum deposit on certificates. Rates may change without prior notice. We may impose a penalty if you withdraw any of the principal before the maturity date. The amount of the early withdrawal penalty for your account is 90 days dividends; early withdrawal penalty could reduce earnings on the account. Balances in excess of $250,000 are not insured by NCUSIF. Vehicle & Equipment Loans Loan Type Annual Percentage Rate Details Vehicle Loans Prime + 2.00% Payment: Variable Term: Up to 72 Months Equipment Loans Prime + 5.00% Payment: Variable Term: Up to 72 Months Multi-Purpose Lending For Owner Operated Businesses Request a Quote Financing offered through a relationship with Newtek Small Business Finance, Inc. APR for Variable Rate/Fixed Payment loans, which may vary, is indexed to the highest Prime Rate in the Wall Street Journal on the last day of each month, plus the rate margin indicated above. Your payment is set at time of application and will not change; instead, the term may be shortened or lengthened. As of 1/01/2025, the highest Prime Rate was 7.50%. All rates disclosed above are done so using the APR (Annual Percentage Rate). All loans will be written at the above rate plus a 1% origination fee. Maximum Annual Percentage Rate is 18.00%. Business Lines of Credit Loan Type Annual Percentage Rate Details Business Ca$hFlow Line of Credit1 Prime + 11.00% Payment: Variable Term: Open Business VISA® Credit Card & Secured Business VISA® Credit Card Prime + 6.00% Payment: Variable Term: Open Rates & Terms Savings Secured Line of Credit Prime + 1.00% Payment: Variable Term: Open 1Monthly payment is 2.00% of total outstanding balance or $25.00, whichever is greater. $25.00 monthly fee does apply. Overdraft is protection for your Business checking account. Maximum Annual Percentage Rate is 18.00%. Business Real Estate Loans Loan Type Annual Percentage Rate Details Business Real Estate Prime + 2.25% Payment: Fixed Term: Up to 180 months Real Property Improvement Prime + 3.00% Payment: Variable Term: Up to 180 months Business Line of Credit Secured by Real Estate Prime + 3.25% Payment: Variable Term: Up to 180 months Draw Period 10 Years (included in repayment term) 1 to 4 Family, Investor, Non-Owner Occupied Mortgage Personalized Quote Term: Up to 15 year term with 30 year amortization Owner Occupied Real Estate Request a Quote Financing offered through a relationship with Newtek Small Business Finance, Inc. Investment Property Financing Request a Quote Financing offered through a relationship with First New York Federal Credit Union. Commercial Real Estate Loans Request a Quote Financing offered through a relationship with First New York Federal Credit Union. Small Business Authority (SBA) Loans Loan Type Annual Percentage Rate Details SBA 7(a) Loan Program Request a Quote Financing offered through a relationship with Newtek Small Business Finance, Inc. SBA CDC/504 Loan Program Request a Quote Financing offered through a relationship with Newtek Small Business Finance, Inc. VISA® Annual Percentage Rate Business Visa® Prime + 6.00% Limits available from $500 to $15,000. Business Visa® monthly payments will be 2.00% of the total new balance, or $25.00, whichever is greater plus outstanding unpaid fees and charges, all prior unpaid payments and any mount that exceeds your credit limit. Disclosure Information Annual Percentage Rate Annual Percentage Rate for Purchases Prime + 6.00% Cash Advance Prime + 6.00% Balance Transfer Prime + 6.00% Grace Period for Purchases 25 Days Method of Computing the Balance for Purchases Average Daily Balance (Including New Purchase) Annual Fee None Minimum Finance Charge None Transaction Fee for Purchases None Foreign Transaction Fee 2% of transaction amount Balance Transfer Fee 1% of transaction amount Late Payment Fee $27.00 Over-the-Credit Limit Fee None VISA® Annual Percentage Rate Business Visa® Prime + 6.00% Limits available from $500 to $15,000. Business Visa® monthly payments will be 2.00% of the total new balance, or $25.00, whichever is greater plus outstanding unpaid fees and charges, all prior unpaid payments and any mount that exceeds your credit limit. Disclosure Information Annual Percentage Rate Annual Percentage Rate for Purchases Prime + 6.00% Cash Advance Prime + 6.00% Balance Transfer Prime + 6.00% Grace Period for Purchases 25 Days Method of Computing the Balance for Purchases Average Daily Balance (Including New Purchase) Annual Fee None Minimum Finance Charge None Transaction Fee for Purchases None Foreign Transaction Fee 2% of transaction amount Balance Transfer Fee 1% of transaction amount Late Payment Fee $27.00 Over-the-Credit Limit Fee None Auto, Truck & Motorcycle Loan Term In Months Vehicle Refinance Promotional Annual Percentage Rate Vehicle Purchase Promotional Annual Percentage Rate To – 24 6.50% 3.50% 6.50% 4.50% Get Started Payment Calculator 25 – 36 7.00% 4.00% 7.00% 5.00% 37 – 48 7.50% 4.50% 7.50% 5.50% 49 – 60 7.75% 4.75% 7.75% 5.75% 61 – 72 8.25% 5.25% 8.25% 6.25% 73 – 841 8.50% 6.50% POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. Rates apply to new or used fixed rate loans and are published with the grand opening discounts that are currently available. Refinance discount only applies when refinancing a vehicle from another financial institution. Sample payment based on a 24 month Auto Loan at 3.50% APR* is $43.20 per $1,000 and includes the promotional discount for refinanced vehicles. The credit union reserves the right to discontinue promotion at any time. Must be credit qualified. Minimum credit score of 600. 184 month term applies to new autos only. Loan Term In Months Paylock Loan Variable Rate/Fixed Payment** To – 24 Introductory APR* First 6 Months 0.99% After Introductory Period Prime + 1.00% 25 – 36 37 – 48 49 – 60 61 – 72 73 – 841 POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. *Annual Percentage Rate Members with a variable rate/fixed payment loan are eligible to convert to a fixed rate option at any time during the life of the loan. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified. Minimum credit score of 600. Credit union may discontinue promotion at any time. 184 month term applies to new autos only. Boat and RV Loan Term In Months Promotional Fixed Annual Percentage Rate To – 24 7.50% 5.50% Get Started Payment Calculator 25 – 36 7.50% 5.50% 37 – 48 7.50% 5.50% 49 – 60 7.75% 5.75% 61 – 72 8.00% 6.00% 73 – 84 9.00% 7.00% 85 – 120+ 9.50% 7.50% POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. Rates apply to new or used fixed rate loans and are published with the grand opening discounts that are currently available. Sample payment based on a 24 month Boat/RV Loan at 5.50% is $44.10 per $1,000 and includes the promotional rate discount. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified. Minimum credit score of 600. +120 month term applies to new boats/RVs only. Loan Term In Months Variable Rate Fixed Payment** To – 24 Introductory APR* First 6 Months 4.50% After Introductory Period Prime + 3.00% 25 – 36 37 – 48 49 – 60 61 – 72 73 – 84 85 – 120 POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. *Annual Percentage Rate Members with a variable rate/fixed payment loan are eligible to convert to a fixed rate option at any time during the life of the loan. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified. Minimum credit score of 600. Outdoor Activity Loan Term In Months Annual Percentage Rate To – 24 9.00% 7.00% Get Started Payment Calculator 25 – 36 9.00% 7.00% 37 – 48 9.25% 7.25% 49 – 60 9.50% 7.50% Rates apply to new or used fixed rate loans and are published with the grand opening discounts that are currently available. Sample payment based on a 24 month Outdoor Activity Vehicle Loan at 7.00% APR* is $44.78 per $1,000 and includes the promotional rate discount. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified. Minimum credit score of 600. Loan Term In Months Variable Rate Fixed Payment** To – 24 Introductory APR* First 6 Months 4.50% After Introductory Period Prime + 4.00% 25 – 36 37 – 48 49 – 60 *Annual Percentage Rate Members with a variable rate/fixed payment loan are eligible to convert to a fixed rate option at any time during the life of the loan. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified. Minimum credit score of 600. Personal Unsecured Loan Term In Months Promotional Fixed Rate APR* To – 24 10.00% 8.00% Get Started Payment Calculator 25 – 36 13.00% 11.00% 37 – 48 14.00% 12.00% 49 – 60 14.00% 12.00% POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. Rates are published with the grand opening discounts that are currently available. Sample payment based on a 24 month term at 8.00% APR* is $45.24 per $1,000 and includes all discounts available. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified. Minimum credit score of 600. Minimum Loan $500 | Maximum Loan $20,000 Loan Term In Months Variable Rate Fixed Payment** To – 24 Introductory First 6 Months 4.50% After Introductory Period Prime + 6.00% 25 – 36 37 – 48 49 – 60 POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. Minimum Loan $500 | Maximum Loan $20,000.00 The credit union reserves the right to discontinue promotion at anytime. STUDENT & EDUCATIONAL LoanS Annual Percentage Rate*** Undergraduate Student Loan Programs Click for Details Student Loan Refinance Program Consolidate Existing Student Loans Click for Details Tuition Loan Daycare, Private Schools, Trade Schools, 2 or 4 Year College/University $5,000 per school year, $15,000 maximum aggregate, 120 month term Prime + 2.00% POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. ECASH (Overdraft Protection) Annual Percentage Rate*** Revolving Prime + 6.00% POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. Monthly payment is 2.00% of total outstanding balance or $25.00, whichever is greater. Overdraft is protection for your Checking Account. Limits of $250 to $20,000 Available Savings Secured Loan Annual Percentage Rate Up to 60 Months Share Rate + 1.50% NO MINIMUM CREDIT SCORE, NO EMPLOYMENT VERIFICATION, NO INCOME REQUIREMENT. Minimum monthly payment $35.00 Sample payment based on a 60 month term at 1.55% APR* is $17.34 per $1,000. Savings Secured Line of Credit Annual Percentage Rate Revolving Share Rate + 1.50% NO MINIMUM CREDIT SCORE, NO EMPLOYMENT VERIFICATION, NO INCOME REQUIREMENT. Minimum Limit $500 | Maximum Limit $75,000.00 Variable Rate: This plan has a variable rate feature and the annual percentage rate (corresponding to the periodic rate) and the minimum payment may change as a result. The annual percentage rate can change monthly and is based on the index plus a margin. As of 12/31/2022 the Share Rate was 0.05% APR (Annual Percentage Rate). The rate will be adjusted on the last day of every month plus the margin. Certificate of Deposit Secured Loan Term Annual Percentage Rate Up to 36 Months Certificate Rate + 3.00% NO MINIMUM CREDIT SCORE, NO EMPLOYMENT VERIFICATION, NO INCOME REQUIREMENT. Limits available from $500 up to certificate balance. Home Equity Line of Credit Term Maximum Amount Annual Percentage Rate Term: Up to 20 Years Draw Period: 10 Years (included in repayment term) 80% Loan to Value (CLTV) Introductory Period First 12 Months 5.50% After Introductory Period Prime + 1.00% POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 600. Term: Up to 20 Years Draw Period: 10 Years (included in repayment term) 100% Loan to Value (CLTV) Prime + 2.50% POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 660. Not to exceed $250,000.00 The credit union reserves the right to discontinue promotion at anytime. Variable Rate: This plan has a variable rate feature and the annual percentage rate (corresponding to the periodic rate) and the minimum payment may change as a result. The annual percentage rate can change monthly and is based on the index plus a margin. Home Equity Loan Term Fixed Annual Percentage Rate Maximum Amount Up to 5 Years (Up to 60 Months) 6.99% 80% Loan to Value (CLTV) POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 600. 5 to 10 Years (61 to 120 Months) 6.99% 10 to 15 Years (121 to 180 Months) 6.99% 15 to 20 Years (181 to 240 Months) 6.99% Up to 20 years (Up to 240 Months) 9.75% 100% Loan to Value (CLTV) POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 660. Not to exceed $250,000.00 Sample payment per $1,000, based on a 5 year Home Equity Loan at 6.99% APR* and 80% Loan to Value (CLTV) is $19.80. Sample payment per $1,000, based on a 20 year Home Equity Loan at 9.75% APR* and 100% Loan to Value (CLTV) is $9.49. Home Improvement Loan Term in Months Annual Percentage Rate To - 36 8.25% 37 - 48 8.50% 49 - 60 8.75% 61 - 72 9.00% 73 - 84 10.25% POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. Rates are published with the highest possible rate. Sample payment based on a 36 month Home Improvement Loan at 5.25% Annual Percentage Rate is $30.09 per $1,000 and includes all discounts available. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified. Minimum credit score of 600. Minimum Loan $1,000.00 Maximum Loan $15,000 Loan Term in Months Maximum Amount Annual Percentage Rate Up to 20 Years 133% Loan to Value (CLTV) 11.00% RATE APPLIES TO ALL CREDIT SCORES ABOVE 660. Sample payment per $1,000, based on a 20 year Home Improvement Loan at 11.00% APR* and 133% Loan to Value (CLTV) is $10.33 per $1,000. Must be credit qualified. Mortgage Annual Percentage Rate Mortgage Programs Conventional Mortgages Adjustable Rate Mortgages (ARM) Federal Housing Administration (FHA) Veteran Affairs (VA) United States Department of Agriculture (USDA) Rates Calculator Receive a Personalized Quote Today! Teacher ASSISTANCE LOAN Loan Term In Months Fixed Rate APR* 9 Months 0.00% POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. Qualifications Available to all New York State Certified Teachers who are currently employed as an educator in New York State. Proof of employment required. Through this program members will have a 9 month term to repay the loan with 0.00% Annual Percentage Rate (APR). Sample payment based on a 9 month term at 0.00% APR* is $55.56 per $1,000. Money Market CHECKING Balance Dividend Rate APY* $50.00 to $2,499.99 1.094% 1.10% $2,500.00 to $9,999.99 1.223% 1.23% $10,000.00 to $24,999.99 1.391% 1.40% $25,000.00 to $249,999.99 1.785% 1.80% $250,000 and over 0.000% 0.00% Dividends earned on average daily balances of $50.00 to $250,000. Maximum balances $250,000. SHORT-TERM CERTIFICATE SPECIAL NEW MONEY REQUIRED Term Dividend Rate APY* 30 Day 3.93% 4.00% 60 Day 3.93% 4.00% 3 Month 3.93% 4.00% 6 Month 3.93% 4.00% CERTIFICATE SPECIAL - NEW MONEY REQUIRED NO PENALTY FOR EARLY WITHDRAWAL Term Dividend Rate APY* 12 Month 1.39% 1.40% 24 Month 1.54% 1.55% 36 Month 1.59% 1.60% 48 Month 1.59% 1.60% 60 Month 1.69% 1.70% STANDARD CERTIFICATE RATES NEW MONEY NOT REQUIRED Term Dividend Rate APY* 3 Month 1.17% 1.18% 6 Month 1.44% 1.45% 12 Month 1.39% 1.40% 24 Month 1.54% 1.55% 36 Month 1.59% 1.60% 48 Month 1.59% 1.60% 60 Month 1.69% 1.70% Calculations are based on interest that is accrued daily but paid and compounded monthly through the CD term. Calculations assume 30 days per month and that monthly interest is reinvested in the CD. Actual earnings may vary and may be lower if the account is subject to backup withholdings or if dividends are withdrawn prior to the maturity date of the certificate. $500 minimum deposit on certificates. Rates may change without prior notice. We may impose a penalty if you withdraw any of the principal before the maturity date. For 30 to 60 days Certificate accounts, the amount of the early withdrawal penalty is 30 days dividends. For all other certificate accounts, the amount of the early withdrawal penalty for your account is 90 days dividends; early withdrawal penalty could reduce earnings on the account. Balances in excess of $250,000 are not insured by NCUSIF. CHECKING Products Minimum Balance Requirement APY* Basic Checking none 0.00% Premier Checking none 0.05% High Yield Checking none 0.05% Checking accounts earn dividends on average daily balances of $250.00 or more. Fees may reduce earnings. IRA Savings APY* IRA Shares 0.25% Dividend on average daily balances of $50.00 or more IRA Certificate Accounts Term APY* 1 Month 30 to 59 days 0.05% 2 Months 60 to 89 days 0.05% 3 Months 90 to 119 days 0.05% 4 Months 120 to 179 days 0.05% 6 Months 180 to 359 days 0.10% 12 Months 360 to 719 days 0.15% 2 Years 720 to 1,079 days 0.15% 3 Years 1,080 to 1,439 days 0.15% 4 Years 1,440 to 1,799 days 0.15% 5 Years 1,800 to 2,159 days 0.20% 6 Years 2,160 to 2,519 days 0.20% 7 Years 2,520 days 0.20% $500 minimum deposit on certificates. Rates may change without prior notice. We may impose a penalty if you withdraw any of the principal before the maturity date. The amount of the early withdrawal penalty for your account is 90 days dividends. The amount of early withdrawal penalty for the 48 Month, 60 Month, 72 Month and 84 Month IRA Certificate is 180 days dividends. Balances in excess of $250,000 are not insured by NCUSIF. Early withdrawal penalty could reduce the earnings on the account. SAVINGS Products Minimum Balance Requirement APY* Savings $2.50 0.05% Holiday Club None $0.01 to $5,000 0.25% Above $5,000 0.00% Includes Sub-Accounts, Student Accounts, Holiday, Special, Escrow, Vacation and Summer Loan Payment Savings. Dividend on average daily balances of $50.00 or more. A DIFFERENT APPROACH TO DIGITAL BANKING We believe you should never have to come to a branch. Unless you really want to. It’s that Suite. OPEN A CHECKING ACCOUNT TO GET STARTED Checking Options
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