News & Events

First Class Newsletter

Click here to download the Winter 2018 Newsletter

Dates to Remember

The Greater Allen Cathedral of New York
Friday, March 30
Closed - Good Friday

The Greater Allen Cathedral of New York
Sunday, April 1
Closed - Easter

Novak Motors Defensive Driver Training Course
Saturday, April 7 / 9:30am - 3:30pm
215 Daniel Street, Farmingdale

Novak Motors Defensive Driver Training Course
Saturday, June 2 / 9:30am - 3:30pm
215 Daniel Street, Farmingdale

Snow Closings
In the New York area call:
(631) 434-3500 ext. 8 for information

Discounted Defensive Driving Training Course

Novak Motors NY in partnership with Liberty Mutual Insurance, is pleased to host an NTSI Defensive Driver Training Course at their showroom in Farmingdale. This six hour program is approved by the New York State Department of Motor Vehicles and can result in a 10% savings off of your liability and collision insurance for three years from the day you take the course. In addition, it can remove up to four points off of your driving record. Seating is limited so register today!* Discounted rate for CU Members is $25 per person.

Register Now!

*You must hold a valid NY driver's license to participate.

PAFCU Members Can Save Up to $15 on TurboTax!

PAFCU members can save up to $15 on TurboTax - the #1 best-selling tax software. With TurboTax, you'll get your taxes done right and your biggest possible refund, guaranteed! Members can quickly and easily connect online with a tax expert as often as needed and they will even review your documents before filing! Remember, it pays to file your taxes early so lock in your lowest price on TurboTax when you file before March 1st.

Get Started Today!

©2018 Intuit Inc. All rights reserved. State filing charges apply. Limited time offer for TurboTax 2017. Terms, conditions, features, availability, pricing, fees, service and support options subject to change without notice. Intuit, TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of their respective owners.

Getting A Tax Refund?

Are you getting a tax refund and wondering what to do with that extra cash? Here are some suggestions on how to use your tax refund:

  1. Ladder Share Certificates with People's Alliance. It works like this: Say you have $2,000 to invest and you purchase four $500 certificates for terms of 3 months, 6 months, 1-year and 18 months. When the first certificate matures you are able to roll it over to an 18-month term, knowing that your 6-month certificate will be maturing in 3 months should you need the funds. By moving your certificate terms up the ladder, you will be able to earn a higher dividend rate without the worry of having your money tied up.
  2. Open a Credit Builder Loan. If you have credit problems or no credit, it's a great way to start in the right direction.
  3. Jump-start your IRA contribution for 2018 or open an IRA.
  4. Pay down credit card debt.
  5. Make an extra house payment or pay extra on the principal.

Get Rewarded with UChoose Rewards

Apply Now!

At People's Alliance we want to make sure our members not only save their money wisely, but spend it wisely too! When you have a PAFCU Visa® you will have the opportunity to sign up for our exclusive UChoose Rewards Program which lets you earn points on your purchases. You can shop both instore at national and local retailers or online through Our UChoose Rewards Program lets you earn points on your purchases, redeemable toward concert tickets, a new HDTV, a fun-filled cruise, and millions of other exciting options!

In addition, a PAFCU Visa® Platinum Card benefits include:

  • No annual fee
  • No balance transfer fee
  • No cash advance fee
  • Transfer a balance of $1,000 or more from another credit card and receive an APR of 4.0% for 6 months

Spending money doesn't have to be stressful if you have a PAFCU Visa® Platinum Card in your wallet! Reward yourself and sign up today by clicking on the "Apply Now" button above or stop by any branch for a Visa Card application. To learn more about the UChoose Rewards Program click here or to speak with a PAFCU Representative, call 631-434-3500.

Mobile App Puts PAFCU In The Palm Of Your Hand

Now wherever you go, take the credit union with you. Our mobile app puts PAFCU as close as your mobile device. No extra trips to the credit union to apply for a loan, access our online loan application through our app. Or deposit most checks with remote deposit capture. You'll simply sign the check and snap a photo of both sides to make the deposit. (Some restrictions apply. Contact us for details.)

With our mobile app, you also can check your account balances and view other details about savings, checking, certificates, loans, and credit cards. Find out all you can do with your mobile device by visiting or just stop by the credit union. Then you can download the app and enjoy all the conveniences of having the credit union in the palm of your hand.

Secure Your Funds With Share Certificates

Smart investors are "SLY" investors. SLY stands for safety, liquidity and yield and is a time-honored way to make a safe financial bet. Secure your funds with share certificates from People's Alliance where you can put the SLY principle to work for you.

Safety: Your money is safe in the credit union, where it's insured up to $250,000.

Liquidity and Yield: You can time the maturity of your certificates to coincide with when you need the funds. And you can take advantage of better yields by putting your share certificates on a ladder. Here's how it works: Say, you have $2,400 to invest. Purchase four $600 certificates for four different terms, for example, one for six months, one for a year, one for 18 months and one for 2 years. When the six-month certificate matures, use it to purchase another 2-year certificate. Your original one-year certificate now matures in six months. When it matures, you can again purchase a 2-year certificate and so on. Or, if you need the money, you can use the funds instead.

Also, take advantage of these Special Certificates from PAFCU:

Limited Time Offer: High Yield 15 Month Certificate – Annual Percentage Yield is 1.74%* with a minimum balance of $500. This is for new money deposited only.

Lucky Savers Account: Win Cash Prizes:

  • 12-month Building Share Certificate*
  • PAFCU members ages 18 years and older
  • Minimum deposit of $25
  • Monthly and quarterly cash prizes!
  • For every $25 deposit earn 1 entry into prize drawings. (Be sure to see the official rules.) No minimum number of deposits, maximum 10 entries per month.

*Penalty will be imposed for early withdrawal.


Drive Away With A Better Rate And The Best Price
Know Your Numbers:
Why Pre-Approval Matters

Before you head to the dealership, be sure to stop in and get pre-approved for an auto loan. This important first step will put you in a better position to negotiate at the dealership.

PAFCU pre-approval is also crucial to helping you get a better interest rate. Even a 1% difference in APR could save you thousands over the life of your loan. Pre-approval also helps to set a firm budget for buying. Get pre-approved today at or stop in at your local branch. Now it's time to start shopping!

Find Your Next Car in Three Simple Steps

Few of us begin the car purchase process with an exact make and model in mind. We may have an idea, (for example, a sedan with great fuel economy), but without available inventory, how are we able to narrow our selection and make the best choice?

Use the auto shopping resource to find the right vehicle via three simple steps:

  1. First, choose a body style
  2. Next, set a price range, and
  3. Pick the options you want.

Our easy-to-use tool will make car shopping a breeze. Let's find the right vehicle today!

Do Your Homework With Free CARFAX Reports
You wouldn't take a big exam without studying first. So why would you buy a pre-owned car without looking at its CARFAX report? They provide valuable information about a vehicle's history, including accidents, fire, flood and other damage. CARFAX reports can cost $40, but when you shop for your used car with us, they're free!† For more information click Everything Automotive to find your next car.

† Provided they are available through the dealership.

Take The Hassle Out Of Payday With Direct Deposit

Nowadays everyone is on the go. Schedules are jam-packed. Convenience is a necessity and mobile is the buzzword. Who has time to let financial management slow them down? Here at PAFCU we couldn't agree more, and we're always trying to come up with simple solutions to make your life easier. Direct deposit is one of them.

By signing up for Direct Deposit at PAFCU, you can actually save time and money, in one super-simple, hassle-free step. With this free service, your funds (paycheck, etc.) will go right into your account(s) without you having to do it yourself, and ensures that your money gets to your account before you have the chance to spend it.

Plus, with Direct Deposit, you:

  • Avoid waiting in line to do transactions at the credit union.
  • Eliminate worrying about your paycheck in the mail if you're out of town.
  • Have instant access to your money through your PAFCU Checking Account, ATM network, Home Banking, and Mobile App.
  • Keep track of your deposits since Direct Deposit funds are listed on your paystub and statements.
  • Receive lower rates on your loans with PAFCU. This rate reduction is offered for most loans, ask a PAFCU representative for details.

Stop the hassle and start the saving today with Direct Deposit – call or stop by to sign up!

e-Step On Over To Our Online Services

In today's busy, tech-driven society, everyone is on the go – working, raising a family, socializing, going to school, traveling, sporting events, music lessons, you name it! There are meetings, to-dos, events, deadlines – the list goes on. Bottom line...we're mobile and we need a financial institution that's right there with us. PAFCU recognizes this and has plenty of options for simple, anytime access to your accounts.

Easy, convenient financial management is just a search, click, and e-Step away! With our line of e-Services, members can do the following using their phone or computer, at any time, wherever they are:

  • Check account balances
  • Review transaction history
  • Transfer funds between accounts
  • Pay bills electronically (including editing pending payments)
  • Locate a PAFCU ATM or Branch and get directions
  • Contact PAFCU for quick assistance
  • And more!

Our suite of convenient, secure e-Services includes:

  • Home Banking
  • Mobile Banking/APP
  • Online Bill Payer
  • Automated Telephone Banking with Tel-Me
  • eStatements
  • ATMs
  • Account Alerts
  • Direct Deposit
  • And more!

For details on these services and info on how to sign up, visit e-services today.

A Message from the People's Alliance Investment & Retirement Center

Provided by Thomas Sconzo, Financial Advisor

Changing Jobs? Retiring?
Don't Leave your Retirement Plan Dollars Up in the Air

If you're changing jobs or retiring, you're in the midst of an enormous change. You should seriously be considering what to do with your money in your employer's pension plan, 401(k), 403(b)/TSA or 457 plan. After all, it's probably one of your biggest assets. The wrong move could cost you thousands and greatly affect the quality of your retirement years.

Generally, there are four options for your retirement plan:

  • Leave it in your former employer plan
  • Transfer it to your new employer plan
  • Roll it over to a traditional IRA
  • Cash out and pay taxes and possibly penalties.

Each decision has its pros and cons. Need help deciding what option is best for you? Contact Thomas Sconzo, the People's Alliance Investment and Retirement Center Representative serving the members of People's Alliance at (631) 434-3500, extension 262 for a no-cost, no-obligation Retirement Assets Consultation. The quality of your retirement years depends on it.

Representatives are registered, securities are sold, and investment advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, Iowa 50677, toll-free (866) 512-6109. Non-deposit investment and insurance products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the financial institution. CBSI is under contract with the financial institution, through the financial services program, to make securities available to members.

Give The Gift Of Credit Union Membership

Are you looking for the perfect gift for a friend or family member? Look no further than a People's Alliance Membership. Whether it's for a birthday, the holidays, or just a way to say "thank you," CU membership is the gift that keeps on giving!

Generally, there are four options for your retirement plan:

  • Lifelong access to affordable financial products
  • Better rates on loans
  • Higher yields on savings
  • Lower fees on transactions
  • Superior member service
  • Educational resources

Plus, you are helping to grow and strengthen the entire PAFCU membership, as well as the global credit union movement.

A credit union is not just a place to conduct financial transactions, but also a trusted partner who wants to help you reach your life goals. You have experienced the gift of CU membership, so why not pay it forward?

Give the gift of PAFCU membership today to your loved ones. Help them join by visiting, calling (631) 434-3500, or stopping into any branch location.