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.

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