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Thinking about a Mortgage this Fall? | Newark Firemen Federal Credit UnionYou might not think of fall and winter as times of the year for real estate. But with rates at all-time lows and home ownership as popular as ever, this can be a perfect time of year to look at your real estate options.

Whether you’re looking at first-time buying, refinancing of property you already own, or a second-home purchase, your Newark Firemen Federal Credit Union has mortgage plans to help you make your dream come true.

Contacting us over the weeks and months ahead will mean we’ll be able to create, for you, a custom, secure mortgage, with a competitive rate and fees from our wide variety of mortgage options.

No matter what your circumstances are, a mortgage from NFFCU will work side by side with your other plans for improving your quality of life. With us, you’ll get the deal done— and get it done the right way.

In our office or through our website, ours is a simple, seamless process with no surprises. We offer fixed-rate financing—ideal if you prefer predictable monthly payments and a fixed interest rate—adjustable-rate financing—which might be right for you if you want lower initial mortgage payments—and alternative mortgage options—such as a reduced-cost mortgage achieved by paying points to get a lower rate. Ask us about this!

You can trust the NFFCU—we’re your credit union—to guide you through your home buying or refinancing experience. Our staff pride themselves on taking the stress out of the process.

Contact us today.


NFFCU Regular Hours

Categories: News

Regular Hours | Newark Firemen Federal Credit UnionNow that summer is behind us, we are returning to our normal business hours.

We will be open from 8:30 a.m. to 3:00 p.m., Mondays through Fridays beginning September 1, 2013.

Remember to drive extra safely as children are back to school!


Credit Unions vs. Banks | Newark Firemen Federal Credit UnionIt’s not the things they have in common.

Banks and credit unions are financial institutions. Both offer many of the same products and services like savings accounts, checking accounts, auto loans, credit cards, ATM/debit cards, and mortgage and home equity loans.

Both have deposit insurance so your money stays safe (your credit union has insurance through the National Credit Union Administration, a government agency similar to the FDIC).

So, what makes your credit union so great? We’re a less-expensive way for you to do your banking.

How come?

For one thing, your credit union only accepts people (like you) who fit into the field of membership. For this reason, we don’t have expensive branch offices scattered over a large area. This keeps costs down.

Another is that your credit union is owned by you and your fellow members, in something called a financial cooperative, where the resources are the resources of the members only and decisions are made with members’ best interests in mind. There are no outside investors looking for capital gains or dividend payments. This keeps costs down, too.

But maybe the biggest reason of all is that credit unions are not-for-profit businesses; so, all of the proceeds like loan interest are put back into the institution as better rates, fewer and lower fees, new products and services, and bonus dividends to members.

All of this means your credit union can offer you all of the same products and high-level of service that a bank can but at a lower cost to you.


NFFCU Welcomes New Recruits

Categories: News
New Recruit Loan | Newark Firemen Federal Credit UnionThe Newark Firemen Federal Credit Union welcomes all new recruits and invites them to start off their careers right by joining the NFFCU.
 
Members take advantage of all of the many benefits like numerous loans, checking and savings accounts, CDs and credit cards, as well as the many banking related services available such as notary public, money orders, disability insurance, savings insurance, and more — free or at competitive rates.
 
A job in the Newark Fire Department is about more than a paycheck; it’s about building financial stability in a proud, new career.
Contact us today to take advantage of this great opportunity.

give-spend-grow-saveSummer is a time of year when families spend a lot of time and money together.
 
So, it’s a perfect time to teach children about money.
 
Children are naturally curious and ask a lot of questions, and since money is about decision-making, which means asking and answering questions, a great approach is to teach children to ask and answer the right ones.
 
Is something too expensive? Should we save for something else? Should we spend the money at all? Maybe investing the money would be better.
 
Opening up the conversation to include your children in what you’re doing and thinking about when deciding if and what to buy teaches them important lessons while showing them the love and attention they need.