Introducing Our New Cash ServiceThat’s right members; we have a new Cash Service.  This service allows you to withdraw money or cash your checks for the cash you need on hand now.  And what is the best part about this service?  It makes your banking experience more convenient.  To top it off, this is a free service that we are happy to provide to you, our members!

Grow Your Money With Us CD SpecialAre you looking to save some money at a higher rate of return?  Then invest in NFFCU’s Share Certificates (CDs).  At this time, we are offering special rates on Certificates of Deposit for one and two year periods.

To get started, you will need a minimum of $500 of currency that is new to the credit union. Transfers from existing accounts are ineligible for this promotion.  Next, choose the length of your CD.  For a one year CD, you will receive a rate of 1%.  For a two year CD, you will receive a rate of 2%.  At the end of the chosen term, your Certificate of Deposit will automatically renew for the same time period at published rates for the new term.

This promotion is available from February 15, 2015 until May 15, 2015.  Don’t wait.  Take advantage of this promotion before it disappears!

What is Money Desktop?

Categories: News

Money Desktop NEW at NFFCUAre you having a difficult time keeping track of your finances?  Do you have multiple accounts with different institutions?  Are you unsure of how much you have coming in or going out?  Are you at a standstill as to what you can do to get organized?  We have just the tool that can help you.  Sign into your online banking account, scroll your mouse over to the personal finance tab, and say hello to your new best friend…Money Desktop.

Money desktop allows you to view information on all of your accounts in one place.  Banking, investments, credit cards, loans, mortgages are all able to be seen and reviewed so you know where your finances stand.  This allows you to see how much money you have and how much you are paying out or owe in total.

Two of the most useful tools on Money Desktop are the Spending and Trends features.  They show you a chart of all of the things you’ve been spending on and categorize those purchases for you.  They chart your expenses so that you can visually see where the bulk of those purchases are being made.  Some of the headings you can expect to see are business services, pet food and supplies, bills and utilities, education, shopping, entertainment and so on.  From the charts shown, you will be able to determine if you are spending too much one any one category and take steps to change this pattern, which brings us to budgeting.

Money Desktop at Newark Firemen Federal Credit UnionWith the budgeting tool, you can let Money Desktop set a monthly limit for spending in a particular category, or you can set one for yourself manually.  This can help you to reign in your spending in areas where you feel are excessive.  You will be able to track your transactions in these categories as often as you like and your color coded budgets (red, yellow, green) will tell you how close you are to keeping within your budget.

As if the Spending and Budgeting tools weren’t enough, there is also a Goals tool.  This tool allows you to set financial goals for yourself.  You can choose a savings goal or a payoff goal.  Some of the savings goals you can set for yourself are saving for an emergency fund, college, retirement, vacation etc.  You can also choose to set goals such as paying off a credit card, loan or other debt.  You can have the tool suggest a monthly contribution amount or you can set one yourself manually.  The tool will then calculate how long it will take for your goal to be completed.  If need be, you can change and adjust the goals to meet your current financial needs.

With all of the features on Money Desktop, there is no way you won’t be able to organize your finances and get back on track.  Get started today!

NFFCU Annual Meeting Saturday, April 25
NFFCU will be hosting its annual meeting on Saturday, April 25, 2015 at 6:00pm.  The meeting will be held at the Kilkenny Alehouse at 27 Central Ave and Halsey St in Newark, NJ.  A reception and door prize raffles to follow.  Tickets can be purchased at the credit union office or at the door for $25.00 per person.  If you have any questions, please feel free to contact us.

Vehicle Purchase Special – EXTENDED | Newark Firemen Federal Credit Union

Are you currently on the lookout for a new (or new to you) vehicle?  NFFCU is here to support you in that endeavor with our Vehicle Purchase Special.  This offer is valid fromFebruary 1, 2015 until June 30, 2015.

You will be able to borrow up to a maximum amount of $30,000 toward the purchase of a new or used vehicle.  You will be able to make payments over the course of 60 months with an interest rate as low 1.99%.  Interest rate may vary based upon your credit history.  If you have any questions regarding the Vehicle Purchase Special, feel free to contact us.  We will be happy to answer your questions.