Membership
Eligibility
Membership in the Niagara Falls Teachers Federal Credit Union is open to any employee of the Niagara Falls City School District or the Niagara Falls Police Department. In addition, any immediate or extended family members of those employees can are eligible to join our credit union.
The Niagara Falls Teachers Federal Credit Union currently has 1500 members locally as well as some that reside in other parts of the USA.
About CU's
Why people choose us?
Credit unions are not-for-profit cooperatives owned by members, not stockholders. That means their whole reason for being is to assist the financial wellness of their members.Credit unions provide what people want most in financial services. More than 1.2 million Americans belong to a credit union, and credit unions now have nearly 10 percent of the country’s household savings.
Read moreSavings Rates
*All Share Rates are stated in terms of Annual Percentage Yield (APY) Certain penalties apply if funds are withdrawn prior to account maturity. Please refer to the "Truth-in-Savings Disclosure" for Share Certificate Accounts for details. Minimum $500/Maximum $50,000 deposit required. |
||
|---|---|---|
| Share Accounts | APY* | Notes |
| Regular Shares | .05%** | ** Regular Shares Dividends paid on accounts of $50.00 or more. |
| 12 month | .10% | |
| 18 month | .10% | |
| 24 month | .10% | |
Loan Rates
| Low Rate Credit Union Loans | ||
|---|---|---|
|
Unless noted, all payroll deducted loans will receive an additional .25% off loan rates shown. The credit union offers member pay insurance for life & disability for your loans. Please do not be confused with additonal insurances that you may have with others as it does not apply to your loans at NFTFCU. All Loan Rates are stated in terms of Annual Percentage Rate (APR). Loan Rates are for qualified members. |
||
|
|
||
|
VEHICLES
|
||
|
New |
As low as 4.50% APR | |
|
Used |
As low as 5.25% APR | |
|
RECREATIONAL VEHICLES
|
||
|
New |
As low as 6.50% APR | |
|
Used |
As low as 7.00% APR | |
|
PERSONAL LOANS
|
||
|
Unsecured |
As low as 5.9% APR | |
|
Share Secured (does NOT receive an additional .25% off for payroll deduction) |
As low as 4.00% APR | |
|
Summer/Holiday Loan |
As low as 5.00% APR | |
|
$4800 Loan (does NOT receive an additional .25% off for payroll deduction) |
2.0% APR
|
|
|
HOME MORTGAGES
|
||
