NEFCU is celebrating its 75th anniversary by passingthe $2 billion mark in assets and offering its 157,000 members avariety of deals ending in “75.”
|“We are extremely proud of our 75 year history,” said NEFCUPresident/CEO Edward P. Paternostro.
|“While we recognize that many aspectsof our business will change, through it all, our mission hasand will continue to remain the same – to ensure that ourmembership and their families achieve financial success,”Paternostro said.
|The deals include a home equity line with an introductoryrate as low as 0.75% APR for six months and personalloans available between $500 and $20,000 of six to 60months with rates as low as 6.75% APR.
|The $2.02 billion NEFCU also is offering Long Islanders $75 when they open anyfree NEFCU checking account with direct deposit.
|Nassau Educators Federal Credit Union, based in the Long Island community of Westbury, N.Y., was founded in 1938 asValley Stream Teachers Federal Credit Union, starting out with ninemembers and $45 in deposits. It reached its first billion in assetssix years ago and has doubled since then.
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