Nassau Educators Federal Credit Union

Nassau Educators Federal Credit Union (NEFCU) is a member-owned financial cooperative serving people living and working in the Long Island, New York area.

History:
Established in 1938 to serve teachers in the small village of Westbury in Nassau County, NEFCU has grown into one of the largest credit unions in the state of New York. The original group sought to provide their coworkers in the education industry with an alternative to profit-driven corporate banks, a popular idea in the wake of the Great Depression.

Over the years, the institution has expanded eligibility to include members of the surrounding communities its nine branches serve.

Products and Services:
The following products and services are being offered by the credit union
Personal and Business Checking Services
Savings and Money Market Accounts
Mortgages, Auto, and Business Loans
Online Banking
Wealth Management
Merchant Processing
Credit Cards
Retirement Accounts and Estate Planning
Financial Education

Organizational Structure:
As you would expect with any institution part of the credit union network, NEFCU is guided by an elected Board of Directors. These volunteers work together with the CEO and other executives to make certain the day-to-day operations of the organization continue to meet member needs without sacrificing the financial health of NEFCU. This people-focused attitude is a key reason membership has surpassed 164,000 as of September 2011, which translates to more than $1.7 billion in assets being managed by the group.
Contact Details:
If you would like to know more about Nassau Educators Federal Credit Union, inquire by phone or mail at:
Nassau Educators Federal Credit Union
1000 Corporate Drive
Westbury, NY 11590
Toll Free: (800) 996-3328
Local: (516) 561-0030

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Last Updated on : 27th June 2013

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