Services

Newark Firemen Federal Credit Union is at your service with resources to make your financial life safe, secure, and easy. We offer a personal touch and strive for your security ahead of our profits. Whether in-person, online, or by telephone, NFFCU can help you simplify your life and make sound financial decisions. We are proud to offer an outstanding, friendly level of service. Let us show you.


Signature Loan (Unsecured)

A Signature Loan allows members to borrow money without collateral.  Some restrictions may apply.  See rates for current APR.

Summary

  • Competitive rates.
  • Borrow up to $5,000 ($7,500 with a qualified co-maker) for almost any personal need.
  • Does not require collateral backing.
  • Minimum loan amount of $500.
  • Repayment terms available up to 36-48 months.
  • No application fees.
  • All loan applications are now available online, providing convenience to members who live out of state.
  • Simple, hassle-free procedure supported by local branch decision making/processing department.
  • Detail-oriented lending specialists who answer your questions in a timely fashion.

 

Share Secured Loan

A Share-Secured Loan uses the funds you’ve established in your “share” savings or Credit Union CDs as collateral to secure your loan. Share-Secured Loans offer lower rates and also helps you keep your established savings intact and incurring dividends, which reduces the actual cost of your loan.  See rates for current APR.

Summary

  • Lower rates than unsecured loans.
  • Available for a number of personal needs.
  • Borrow up to the available balance of your share account.
  • Funds secured by other “share” savings account balances or Credit Union CDs as collateral.
  • Portion of share balance not secured by the loan is available for withdrawal.
  • Savings remain intact and incurring dividends, reducing the actual cost of your loan.
  • Budget-friendly repayment terms.
  • Helps establish or re-establish credit.
  • Repayment terms available up to 60 months.
  • No application fees.
  • All loan applications are now available online, providing convenience to members who live out of state.
  • Simple, hassle-free procedure supported by local branch decision making/processing department.
  • Detail-oriented lending specialists who answer your questions in a timely fashion.

 

Debt Consolidation Loan

A Debt Consolidation Loan allows members to streamline how they pay monthly expenses.  Instead of paying several companies at several different interest rates, members can centralize all of their payments to one place and one interest rate.  Some restrictions may apply.  See rates for current APR.

Summary

  • Competitive low rates
  • Consolidation of your current debt to pay off:
    • Credit card debt
    • Installment loans
    • Education loans
    • And more
  • Repayment terms available up to 120 months (10 years).
  • No application fees.
  • Borrow up to $30,000.00.
  • Must provide documentation for bills to be consolidated.
  • Must have a qualified co-signer.
  • Streamline high loan and credit card rates to one manageable rate.
  • Eliminate the need to pay multiple bills to multiple vendors.
  • Simplify bill pay with a single payment.
  • Help improve your credit score by consolidating your debt.
  • All loan applications are now available online, providing convenience to members who live out of state.
  • Simple, hassle-free procedure supported by local branch decision making/processing department.
  • Detail-oriented lending specialists who answer your questions in a timely fashion.

 

Overdraft Protection

Overdraft Protection allows you to protect yourself from returned checks, should you have insufficient funds to cover it from your draft (checking) account.  Some restrictions may apply.  See rates for current APR.

Summary

  • Attached to share (savings) account
  • Protects you from returned checks due to insufficient funds

New Vehicle Loan

This loan allows members to finance current year model vehicles that have not been titled.  Members, once qualified, are able to borrow up to $50,000.00 for the cost of a new vehicle, whether it be a car, truck, or motorcycle.  Some restrictions may apply.  See rates for current APR.

Summary

  • Competitive rates for new vehicles.
  • Up to 100% financing available.
  • Repayment terms up to 72 months.
  • Must provide vehicle information (year, make, model, VIN)
  • No application fees.
  • All loan applications are now available online, providing convenience to members who live out of state.
  • Simple, hassle-free procedure supported by local branch decision making/processing department.
  • Detail-oriented lending specialists who answer your questions in a timely fashion.

 

Used Vehicle Loan

This loan allows members of the Newark FCU, once qualified, to borrow up to $25,000.00 toward the purchase of a used vehicle.  Some restrictions may apply.  See rates for current APR.

Summary

  • Competitively rates for used vehicles.
  • Up to 100% financing available.
  • Repayment terms up to 48-60 months.
  • Must provide vehicle information (year, make, model, VIN).
  • No application fees.
  • Refinance your current vehicle to potentially lower your rate.
  • All loan applications are now available online, providing convenience to members who live out of state.
  • Simple, hassle-free procedure supported by local branch decision making/processing department.
  • Detail-oriented lending specialists who answer your questions in a timely fashion.

Home Equity Loan

Borrowing money against your home’s equity can be among the most affordable ways to borrow. Whether you want to remodel your home, consolidate debt, or pay for college or other expenses, a home equity loan from NFFCU can make it possible.  This is a third-party loan.  Some restrictions may apply.  See rates for current APR.

Summary

  • Competitive, fixed rates for a wide range of short-term or one-time needs:
    • Make home improvements
    • Build an addition
    • Take a vacation
    • Pay tuition
    • Consolidate debts
    • And much more!
  • 5, 10, or 15-year terms available.
  • Secured by the amount of available equity in your home.
    • Amounts available up to 100% of your home’s equity.
  • The interest paid might be tax deductible.
  • Simple, hassle-free procedure supported by local branch decision making/processing department.
  • Detail-oriented lending specialists who answer your questions in a timely fashion.

  

Mortgage Loans

Newark Firemen FCU is making your mortgage borrowing easier.  Check rates and fees and use the calculators to estimate monthly payments.  Learn about saving money with a 5, 7, 10, 15, 20, or 30-year term or by paying points to get a lower interest rate.  Take advantage of competitive rates and localized service that allows for a more streamlined application process from start to finish.  This is a third-party loan.  Some restrictions may apply.

Summary

  • Competitive rates for the purchase or refinance of a home.
  • Available for primary residences and second homes.
  • Flexible fixed-rate term options of 10, 15, 20, or 30 years.
  • Adjustable fixed-rate term options of 5, 7, or 10 years.
  • Easy pre-approval process for additional confidence when shopping for a home.
  • Refinance your current property to potentially lower your rate and monthly payments.
  • Simple, hassle-free procedure supported by local branch decision making/processing department.
  • Detail-oriented mortgage specialists who answer your questions in a timely fashion.

Car buying that shows you what others paid, so you never overpay.