• Rates & Fees

Member Connection - Winter 2006

Earn A Fantastic Vacation!

Make A Deposit
Or Borrow And
Take A Vacation
On Us!

New York Metro FCU has the loan and savings products that you need. Now, when you borrow a minimum of $100,000 or deposit at least $10,000, we will reward you with a vacation voucher good for accommodations at over 1,000 incredible locations worldwide! You can stay in Florida, the Bahamas, and more! (Airline tickets, airport transfers, meals and entertainment (except on cruises) not included. Please see the credit union for complete offer details.)

Below are just a few of the options, subject to package availability:

3 Fabulous Days, 2 Hot Nights
Need to get away for a few days? Your credit union can help! When you deposit $10,000 or take out a Home Equity Loan or First or Second Mortgage for at least $100,000, you and a companion are entitled to a 3-day, 2-night stay at your choice of over 100 resorts in North America!

Enjoy A Tropical Fantasy!
With the Tropical Fantasy package, you and your companion will enjoy 7 days and 6 nights beginning in spectacular Orlando, Florida. Then you’ll head to Fort Lauderdale to catch the Regal Empress for a 2-night cruise to the Bahamas! All it takes is a deposit of at least $25,000, or a Home Equity Loan or First or Second Mortgage of $150,000 from the credit union!

Plan Your Dream Vacation
When you deposit $50,000 at New York Metro FCU, or borrow $200,000 for a First or Second Mortgage or Home Equity Loan, you and three companions will be entitled to 8 days and 7 nights at the private vacation residence of your choice. Visit Key West, Las Vegas, Honolulu, the Caribbean, or even Europe!

Passport To Paradise
For 5 days and 4 nights, you and a companion will enjoy a luxury cruise built for two. Fabulous meals, exciting entertainment, and fun aboard a prestigious cruise ship await you. Deposit $100,000 at the credit union, or take out a First or Second Mortgage or Home Equity Loan of $250,000, and this amazing vacation deal is yours!

Don’t Miss Out!
Hurry, this offer ends March 31, 2006! For more information on our savings and loan products and how you can earn your vacation, call (212) 279-8334 today!

We FIXED Our Mortgage Rates!

15-Year
Mortgage
As Low As
5.50%
APR*
Fixed Rate
15-Year Jumbo
Mortgage
As Low As
5.75%
APR*
Fixed Rate
30-Year
Mortgage
As Low As
6.00%
APR*
Fixed Rate
30-Year Jumbo
Mortgage
As Low As
6.50%
APR*
Fixed Rate

You don’t have to worry about rising rates when you take out a Mortgage from New York Metro FCU! Our low rates are now fixed, so you’ll always know exactly how much your next payment will be. Purchasing your own home allows you to build equity and provides you with a great tax break (the interest on your Mortgage will usually be tax-deductible). We even offer Jumbo Mortgages for loans of $417,000 or greater. Come to the credit union today, and we’ll connect you with an affordable Mortgage that fits your budget!

Refinance & Save
If you already have a Mortgage, why not refinance it at New York Metro FCU? Even if you have a short time left on your Mortgage, you could still be eligible for a terrific low rate on your remaining balance. When you refinance at New York Metro FCU, you could save money and lower your monthly payments. Stop by the credit union for complete details on all of our Mortgage products.

Applying Is Easy!
To apply, stop by the credit union or call our Mortgage Department at (212) 279-8334.

*APR=Annual Percentage Rate. Rates and terms subject to change without notice. Rates shown for qualified borrowers. Other rates and terms available. Contact the credit union for complete loan details.

Holiday Closings

The credit union will be closed to observe the following holidays:

Martin Luther King, Jr. Day – Monday, January 16, 2006
Presidents Day – Monday, February 20, 2006
Good Friday – Friday, April 14, 2006
Memorial Day – Monday, May 29, 2006

Tax Refunds Automatically Deposited

Don’t wait for the mail to deliver your tax refund check. With Direct Deposit, the IRS can deposit your refund directly into your credit union account. On the IRS tax forms 1040, 1040A and 1040EZ, choose either your Checking or Savings Account for the deposit account, and include your account number and the credit union’s ABA routing number — 226078065.

Consolidate & Save With A Home Equity Loan!

Are you a homeowner who’d like the most cost-effective solution to managing bills, making home improvements or paying tuition? Your home’s equity can be an important financial tool when used to consolidate bills or to make larger purchases. With a Home Equity Loan or Line of Credit, you can borrow up to 95% of your equity at our low rates, and the interest will usually be tax-deductible.*

Check out our great Home Equity options:

  • Home Equity Line Of Credit – With a Home Equity Line of Credit, funds are available
    as you need them. With our low rates and interest-only payments, it’s a simple and
    convenient way to get the financial freedom you deserve.
  • Home Equity Loan – Borrow up to $500,000 with terms up to 15 years. With a Home
    Equity Loan, you get a fixed rate, term and payment.

Apply Now
For more information or to apply, call (212) 279-8334.

*Consult your tax advisor concerning tax-deductible interest eligibility. Contact the credit union for complete loan details.

Earn More With A Money Market Account

New York Metro FCU offers Money Market Savings and Money Market Checking Accounts for members who want to earn higher interest rates. Our Money Market Savings Accounts offer you the convenience of 6 withdrawals per month (3 by check) and have generous dividend rates.*

Start saving for your retirement or any other goal. Call us at (212) 279-4339 to learn more or to open your Money Market Savings or Checking Account today!

*Maintain a minimum of $2,500 in your Money Market Account to avoid fees. Dividends are tied to the 91-day U.S. government T-bill rate.