News & Events

First Class Newsletter

Spring 2008

Dates to Remember

Vacation Loans
May 1, 2008 – July 31, 2008

Mother’s Day
Sunday, May 11, 2008

Enterprise Car Sale in Hauppauge
Saturday, May 17, 2008

Senior Day
Tuesday, June 3, 2008

Kids Day
Saturday, June 28, 2008

Our NEW Visa Rates Are Better!

They're everywhere – credit card companies offering incredibly low rates and promising to save you money. If the offers seem too good to be true, they often are. Those incredibly low rates likely are teaser rates, good for only a short time. After that, the rates soar significantly higher.

So while you might save money for a few months, you'll make up for it later – and then some.

Not so with our NEW Visa Credit Card Rates! Our Visa Platinum Card Preferred APR* is as low as 9.9%. Our new Preferred APR* for PAFCU’s Visa Gold Card is as low as 10.9%.

Already have a PAFCU Visa Card? No need to worry, your card is now active at our new lower rate!**

Don’t have a PAFCU Visa Card? Transfer a minimum balance of $1,000.00 from other credit cards to a PAFCU Visa Card and enjoy a lower annual percentage rate of 4.0% for six months. To take advantage of these great rates, contact your closest PAFCU location or apply online at www.pafcu.org.

*Preferred Annual Percentage Rate (APR) applies to loans being repaid through Automatic Deposit Payment services. The rates are the lowest rates offered to applicants with direct deposit of net pay and a checking account. Applicants who are not approved at this rate may be offered credit at a higher rate and/or different terms. All loan requests and rates are subject to credit approval. Rates and terms are subject to change.

**All purchases posted prior to March 1, 2008, will remain at the previous Preferred APR. All purchases made on March 1, 2008 and thereafter will reflect the new Preferred APR.

Make Vacation Dreams Come True

You've been planning that summer vacation with the kids for months. All the reservations are made, deposits have been put down, maybe even the plane tickets have been paid for. But then, at the last minute, the car breaks down and needs major repair. Or that wheezing central air conditioning finally gives up and has to be replaced. Suddenly, the money budgeted for the vacation is gone.

What do you do? Cancel the vacation? No way! You and your family have been looking forward to this for too long. PAFCU has the answer – see us for a vacation loan. From May 1 to July 31, 2008, PAFCU is offering a special Vacation Loan. Qualified borrowers can receive a maximum of $5,000 for up to two years with annual percentage rates as low as 10.65%.*

So get that luggage down out of the attic. Make sure you have plenty of sunscreen and film for the camera. If you're going abroad, make sure your passport is in order. Don't let a shortage of cash ruin your vacation. Call or stop by your local PAFCU branch today and let us help put your trip plans back on track with a vacation loan.

*Annual percentage rate is the lowest rate offered to applicants with direct deposit of net pay and a checking account. Applicants who are not approved at this rate may be offered credit at a higher rate. All loan requests and rates are subject to credit approval. This offer cannot be combined with any other offer.

We Are the People in Your Neighborhood Contest

PAFCU is one of your neighborhood’s best-kept secrets. Nowhere else can you enjoy one-stop shopping for all your financial needs with the level of service we provide. Throughout 2008 we will hold the “We Are the People in Your Neighborhood Contest.*”

Each member will receive an entry form when they open a new account, any existing member to add a PAFCU product, or any member to refer an adult to the credit union that joins will be entered to win. This year’s prize will be a Drive Away Vacation Package.

There will be a total of four prizes awarded. Get a jump on the New Year! Stop by your local PAFCU branch and take advantage of all the financial services we have to offer!

* PAFCU employees, volunteers and their family members are not eligible.

Sell A Thon Used Auto Sales Event

People’s Alliance Federal Credit Union will be holding its Sell A Thon Used Auto Sales Event with Enterprise Car Sales on Saturday, May 17, 2008 from 8:30 a.m. – 2:00 p.m. at our Hauppauge office.

All members who purchase a vehicle at the sale or from an Enterprise dealership on this date will receive .75% off our low annual percentage rates and 100% financing for qualified members. Any member to get pre-approved before the sale will receive an additional .25% interest rate discount. (That adds up to a 1% Loan Rate Discount!)

Please remember to bring your insurance and license! For your convenience, a representative from Liberty Mutual Insurance will be on hand should you decide to change your insurance, or do not currently have insurance.

Don’t wait for the day of the sale to arrange your financing. Contact your local PAFCU office for your loan pre-approval. Members who do not live in the New York Tri-State area can call 1-800-CAR-SALES and follow option 1 throughout the message to contact the Enterprise Car Sale Dealer closest to them.

Looking for a Mortgage?

You may think of PAFCU as only a source for banking "basics" – like checking and auto loans. But the same honesty and integrity we offer with the basics extends to our mortgage program as well. We'll work with you to finance that dream home with a mortgage you can afford or refinance the mortgage on your present home. And with no surprises in terms down the road.

We offer a diversified Mortgage Program with many lending options as well as a referral service that includes 100% Financing, Low Rates, Terms to 40 Years, Reverse Mortgages and Low Closing Costs.

For straight talk and a great deal on a home mortgage, stop by or contact your closest PAFCU branch.

AlertMe™ is a new consumer credit monitoring service that sends
you e-mail alerts when changes occur within your credit report.

People's Alliance Federal Credit Union