Hurricane Sandy: NEFCU Offers Long Islanders Lending Help
As a nor’easter piles on, the $1.9 billion, 151,000-member NEFCU in Westbury, N.Y., said Wednesday it’s offering a selection of special credit products to help the Long Island-based credit union’s members recover from Hurricane Sandy.
They include a hurricane relief loan that includes a 1% APR for the first year and optional 90-day deferral for the first payment, a one-percentage point discount on pre-owned vehicles from Enterprise Car Sales, a 90-day deferral on any NEFCU auto loan, and zero interest for six months on any purchases made at major home improvement retailers with the credit union’s Platinum VISA card.
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“Hurricane Sandy has brought devastation to our communities. We know many of our members are faced with significant losses, and we want to assure them that NEFCU is here to help,” said Edward P. Paternostro, NEFCU president/CEO.
“Restoration will take both time and money and we are pleased to offer assistance that can ease members’ financial burdens,” Paternostro said.
“NEFCU also ensured that members had access to their funds via ATM, debit card, home banking and mobile banking as (our) systems remained accessible throughout the storm,” the Long Island credit union said in its announcement.