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Bridgeport Fallen Fire Fighters Fund A fund has been established for the families of Lt. Steven Velasquez and FF Michel Baik, who perished in the line of duty on July 24th. Donations may be sent to the Brideport Fire Dept EFCU at 3115 Madison Ave., Bridgeport, CT 06606. Checks should be made payable to the Bpt. Fallen Fire Fighters Fund. Foreign Currency and Wires Traveling overseas this summer? Your credit union can order local currency for you before you leave. Having a supply of local currency makes grabbing a cab or a quick snack when you arrive a lot less hassle. You don’t have to convert U.S. dollars at the airport and can wait until you can get to the bank to make the exchange. The currency can be sent right to your house, or if you need it quickly, we can have it sent within 3 days to the credit union and you can pick it up. If you need to send money to a foreign country, the credit union can also help. We can send money to most countries, and the service is available in U.S. dollars or in the local currency. There are several options for sending money to another country, either by bank wire or ACH. We can send money to Springtime-Time for Home Improvements! Spring is in the air and everyone’s thinking of home improvement projects. Now is a great time to check out your credit union’s low interest rates for home equity loans and put your house to work for you! We offer 5, 10, and 15 year loans at very competitive fixed rates. And you don’t have to use the money for home improvement. It’s also a great way to help pay that college tuition bill or pay for that new car. Or consider using the money to consolidate all your bills into one low monthly payment. A $25,000.00 loan for 15 years at 6.7% *APR would cost only $220.60 per month. Call the credit union for more details. A $225.00 application fee applies.
*Rate is an example only. Free ACH Origination Your credit union is now offering FREE ACH origination. This new service will allow you to set up recurring or one time payments to the credit union from another bank account or from the credit union to another bank account. This should make paying bills and transferring money between institutions easier and cheaper for our members. To initiate a transfer to another institution, you will need the institution’s routing and transit number, address, phone number, and your account number and account type. We have a standard form that you will need to sign to authorize the transfer. If you are transferring to make a loan payment, please verify that the institution can accept loan payments via ACH. For recurring loan payments, we recommend that you set up an account through our FREE member bill pay service. You can automatically set the due date and your checking account with the credit union will be debited every month. This is also a great way to pay all of your bills. No more checks to write, no more stamps to buy, and you can get reports broken down just about any way you want to help keep track of your expenses. Members who need to send money to Mexico can send it via Directo a Mexico, even if the recipient doesn’t have a bank account. There is a $5.00 fee for this service, no matter what amount is being wired. For more information on any of these services, call the credit union at 203-824-8120 or 800-242-8120. Wrap Up Your Holiday Bills! Got the post holiday bill-paying blues? See your credit union for help. We have several options to help you consolidate those bills and stay within your budget. Our VISA account offers a transfer balance option that allows you to pay those bills off at a low 7.99% APR until they are paid off. That’s right, you get to pay off all those 18 to 25% APR credit and charge cards at 7.99%APR. And that’s not for 90 days or a year. That rate remains in effect until the old balances are paid off. Plus, you get a credit card that charges only 7.99% APR to 9.50% APR on current charges, even cash advances! There are no fees for cash advances either. Repayment is still 2% of your unpaid balance. Another option is loan special. We are offering a 24 month loan at a low rate of 6.99% APR*. This is an excellent option if your bills aren’t too high. A $5000.00 loan would run $223.81 a month for the 24 months, and could save you a lot of money if you’re paying the minimum balance on your charge cards. If you need a longer term, consider a personal loan. You can borrow up to $15000.00 for up to 5 years. Rates for 5 years range from 12% APR to 16% APR*. Shorter terms have lower rates. To determine the option that is best for you, call the credit union and make an appointment with one of our loan officers. They will gladly explain the terms and conditions and help you make the right choice. *Annual Percentage Rates are determined by the applicant’s credit score. |