Regular Share Savings
Manage your savings the way you want at Niagara Falls Teachers FCU!
Your Regular Shares Savings Account is the backbone of your account relationship with NFTFCU. To maintain your membership, NFTFCU requires a minimum $5 balance is maintained in your Regular Shares Savings account at all times.
Benefits Include
- No penalties for early withdrawal
- Deposits can be made daily by 4:00 PM for any amount.
- Federally insured through the NCUA
Share Draft Checking
Checking NFTFCU's goal is to provide members with hassle-free, no fee checking.
Benefits Include
- Unlimited check writing
- No minimum balance
- No monthly service fees
Features
Monthly Statements- You will receive an easy to read monthly statement
- For those sharing household or other expenses, NFTFCU offers joint checking. Each co-owner has equal access to the account. Just complete the joint owner information on the application and have all joint owners sign. Please note that joint owners are not automatically NFTFCU members. They must open an individual NFTFCU account to enjoy all the benefits of membership.
Christmas Clubs
You can open a Niagara Falls Teachers Christmas Club account any time during the year. Then, continue to deposit funds, whether through transfers from your other accounts, with a direct deposit from your paycheck, or by making deposits in the branch, and you’ll also earn dividends. Before you know it the balance will grow and the funds saved will automatically be transferred to your primary Savings account during the first week of October. Just in time for shopping, and planning those great holiday celebrations. It’s an old-fashioned idea with a great result!
Club Account Payouts:
*Christmas club accounts will be deposited into your share account in October 2022.
Please call the office if you would like to transfer it to your checking/debit account or if you would like to pick up a check at our office.
Visa Debit Cards
NFTFCU's Visa debit card allows you to pay for purchases right out of your account, anywhere Visa is accepted.
FREE, Safe, and Easy to Use!
NFTFCU's Visa debit card allows you to pay for purchases right out of your account, anywhere Visa is accepted.
FREE, Safe, and Easy to Use! If you prefer not to keep cash on hand and aren’t one to carry a checkbook, then a NFTFCU Visa debit card is for you! Available with a NFTFCU checking account, Visa debit card lets you access your money easily and securely—online, in-store, at the ATM, and more!
Want access to your funds all the time?
Sign up for a Visa/Debit card today!
Loan Products
New Vehicle Loans
New Vehicle Loan: A closed-end loan secured by the vehicle title, intended for the purchase of new vehicles. The credit union will finance up to 100% of the purchase order price plus tax.
Apply for a Pre-approved new vehicle loan and take care of the financing before you start shopping for a car. Pre-approvals are good for 30 days and there is no obligation until you choose a vehicle and sign the final promissory note.
Used Vehicle Loans
A great auto loan starts with a great rate. Add in flexible terms, quick and easy funding, and a personalized loan application process, and you get superior financing courtesy of NFTFCU.
Secured Personal Loans
A closed-end loan secured by shares (savings) held in the credit union. The applicant can borrow up to 100% of the amount held in the credit union share account. The shares (savings) are the collateral for the loan, as the loan gets paid down that amount is free to take out as a withdrawal. The share account still earns a dividend.
Unsecured Personal Loans
A closed-end, unsecured loan that may be used for any purpose or need that members may have. Signature loans may be made for up to $9,000 for a maximum of 48 months for qualified borrowers. $15,000 maximum signature loan is available for members who have a credit score of 680 or above
Important Loan Information
Late Payments
A $15.00 late fee will automatically be charged if a loan payment is late.
This is after a 15 day grace period. This is disclosed on all loan promissory notes.
Please note: Unless the fee is paid the amount will be deducted from your regular payment
making the loan continually delinquent.
So please pay the fee separately or add to regular payment.
Home Mortgages
Home ownership is one of life’s biggest investments. We make it easy whether you’re buying your first home, dream home, or need to refinance. NFTFCU partners with Owner's Choice Funding to offer you free pre-approvals for home buyers.
At NFTFCU you get to customize terms that fit your needs! To find out more, you can apply now or request a consultation.
Mortgage Types
- Fixed-rate
- Interest rate stays the same over the life of the mortgage making budgeting easier and more predictable. Terms are available from 10 to 30 years.
- Adjustable Rate
- Initial rate often lower than for fixed-rate mortgages After the initial period, the interest rate fluctuates over the life of the mortgage, depending on prevailing rates.
- FHA
- For borrowers who may not qualify for a conventional mortgages Down payments as low as 3.5% of purchase price
- One- to four- unit homes
- Eligible loan programs for first time home buyers, fixer-upper homes, etc.
- VA
- For eligible veterans, service members, and surviving spouses no down payment (under certain conditions)
Home Equity Loans
Please note that ownerschoice funding is no longer providing home equity loans.
Are You Protected?
Niagara Falls Teachers FCU partners with TruStage Insurance Agency
to offer
Life Insurance
Toll-free 1-855-612-7909
Monday-Friday 7AM-9 PM CT
Saturday 8AM-4 PM CT
Auto & Home Insurance
Toll-free 1-888-380-9287
Monday-Friday 7:00 AM – 1:00 PM
Saturday 7:00 AM – 11:30 AM
Sunday 9:00 AM – 10:00 AM