Economic Downturn Answers

Every day when we turn on the news or read about what’s happening on Wall Street, the news has gone from bad to worse. The stock market has been hit hard and has reached the lowest levels in year. So, what’s an investor to do?

Many investors have been taking the route of a flight to safety, where they can earn a decent rate of return AND have the investment be guarenteed.

First New York has several investment vehicles that will meet your safety and security needs:

21 Month Share Certificate Account @ 4.00% Annual Percentage Yield
8 Month Share Certificate Account @ 3.25% Annual Percentage Yield

Or, if you would like immediate account access, First New York FCU offers a Premium Money Market Account, with rates as high as 2.50%.

For more information on the safe and secure investment opportunities available at First New York FCU, visit the website at www.firstnewyork.org, call us at (518) 393-1326 – press ‘2′ or visit one of the seven branch offices.

College Bound? Here’s some help!

It’s your senior year – homecoming dance, the prom and about a hundred other things will make your senior year go by VERY quickly.

If you’re planning on attending college next fall, you have another hundred things to worry about – where should you visit, where should you apply and oh yeah – what’s your major!

When it’s time for college, let First New York FCU help! We are a lender in the Federal Student Loan program. So, let your credit union help finance this important stage in your life.

But that’s not all! With our line of checking products and services, you can take with you to school. Such as:

- FREE Checking Account
- FREE Visa Check Card
- FREE Online account access through First OnLine
- FREE Bill payment
- FREE e-statements

For more information on our checking accounts and related products and services, visit our website at www.firstnewyork.org, call us at (518) 393-1326 – press ‘2′ or visit one of our seven branch offices.

And, let First New York help take the stress out of your senior year!

e-members Are Free Members!

Membership at First New York FCU has just become more valuable (if that’s possible).  Not only do members have the opportunity to save money with the outstanding deposit and lending services – but now First New York is rewarding e-members!

I know what you’re thinking – what’s an e-member?  An e-member is a First New York member who has:

• A Checking Account
• A VISA Check Card
• First OnLine Bill Payment
• e-statements

As an e-member, you will receive the following added benefits – at NO COST:

•  Unlimited FREE ATM transactions at First New York ATMs
• 10 FREE non-First New York ATM withdrawals per month
• 10 FREE debit transactions per month
• FREE Turbo Tax download from the First New York website
• 2 FREE Carfax reports each year
• 1 overdraft transfer fee waived per month

To find out if you are an e-member, or to find out how you can become one, call us at 393-1326 and press ‘2′ or visit a branch office near you.

And enjoy being an e-member – you deserve it!!!