Save. Plan. Retire.

New England Federal Credit Union

New England Federal Credit Union (NEFCU), founded in 1919 and located in Williston, Vermont is a not-for-profit financial institution that offers members low rates, reduced fees and greater dividends. NEFCU serves communities in six counties in northwest Vermont. NEFCU is chartered and regulated by the National Credit Union Administration and offers a full selection of financial products and services including mortgages. All earnings generated at NEFCU are returned directly back to members through lower rates, reduced fees and dividends.

NEFCU provides an array of personal and business loans, such as term loans, working capital loans, lines of credit and equipment loans for its business members. Furthermore, the company provides credit cards as well as mobile banking apps.

NEFCU provides more than personal and business loan programs; its mortgage options also span home and auto mortgages for homes and vehicles, including fixed-rate and adjustable-rate mortgages as well as VA, FHA, jumbo loans. In addition, they offer MyChoice Mortgage so borrowers can customize their terms.

The company provides other financial services as well, including checking and savings accounts, money market accounts, certificates of deposit and individual retirement accounts (IRAs). Customers can access their funds at over 100 branches and over 200 fee-free ATMs. Furthermore, its mobile banking app provides secure yet convenient access to accounts with features like eStatements, bill pay, account alerts and more.

NEFCU prioritizes community service. The company gives back by supporting local organizations and charities with donations, sponsorships and outreach programs; additionally it hosts educational and financial literacy workshops for both students and the general public.

Credit unions are cooperatives, meaning that their members exercise democratic control. Each member receives one vote regardless of how many shares they own; these votes are used to elect the board of directors who oversee its operation, along with committees that help keep things running smoothly.

NEFCU goes the extra mile in protecting its members’ personal data. To this end, multiple layers of security have been employed by NEFCU to safeguard members’ sensitive information and employees are trained on best practices for security measures regularly. Furthermore, technology enhancement measures have also been added as additional defense mechanisms against breach.

Anyone living, working, worshipping or attending school in Addison, Bennington, Chittenden, Franklin, Grand Isle Lamoille Orange Rutland Washington Windsor Counties of Vermont as well as Cheshire Grafton Merrimack and Sullivan in New Hampshire may join NEFCU. Members can save and borrow up to $916 million with federally insured credit union which protects deposits up to $250,000 with its National Credit Union Share Insurance Fund, similar to FDIC. Furthermore, its comprehensive online security program guards website and applications from threats and protects its members with comprehensive online security program to protect its website and applications from threats and security risks.






Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.