MEMBERSHIP
PRODUCTS &
SERVICES GUIDE
2017
Helping Members Achieve
Their Financial Goals!
MEMBER
SERVICES
PERSONAL
BANKING
BUSINESS
BANKING
At Suffolk Federal
We’re Here for You!
Contents
Member Services
Programs3
Technology4
Insurance5
Investments5
Personal Banking
Checking6
Savings7
Club Accounts
8
Mortgages9
Personal & Home Loans
10
Vehicle Loans
11
Credit & Debit Cards
12
Business Services
Checking13
Borrowing14
Services15
Membership in Suffolk Federal requires a
Share Savings account with a minimum $5
balance. One must live, work, worship or
attend school in Suffolk County, NY to be
eligible for membership.
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Dear Members,
Suffolk Federal has been serving the community for 50 years, continually evolving to meet the
demands of changing economies, new technology, security enhancements and banking trends.
Our success can be measured by the growth of our membership and our expanding presence
in Suffolk County.
During this time, we have also carefully listened to member feedback and, as a result, introduced a
wide range of products and services that are essential to the ever-evolving needs of our members.
On behalf of the entire team at Suffolk Federal I am proud to present this product guide. It contains
a comprehensive list of the products and services available at Suffolk Federal. Please take some
time to familiarize yourself with the many options available to you, and use the product guide as
an added resource to help you stay focused on reaching your financial goals.
At Suffolk Federal, we are dedicated to providing you with a world-class member experience
that further enhances the many products and services we offer. You are the reason we are here,
successfully serving the community for so many years, and I am grateful for what we have
achieved together. This product guide is a testament to our mutual growth and success.
Thank you.
Ralph D. Spencer, Jr.
President & Chief Executive Officer
Board of Directors
President & CEO
Credit Union Services LLC
CHAIRMAN
Supervisory Committee
James E. Gallagher
James J. Maggio, Jr.
Frank C. Trotta*
VICE CHAIRMAN
Phil F. T. Bauccio
SECRETARY
Edward J. Reilly*
TREASURER
Mark G. Creighton, M.D.*
Your savings federally insured to at least $250,000
and backed by the full faith and credit of the
United States Government. National Credit Union
Administration, a U.S. Government Agency
DIRECTOR
Gary J. Lamm, Ed.D.*
DIRECTOR
Robert Schaefer*
DIRECTOR
Ralph D. Spencer, Jr.
Lorraine Hickey
CHAIRWOMAN
Todd C. Johnson
VICE CHAIRMAN, SECRETARY
Joseph Blaettler
MEMBER
Russell S. Danna, CPA
MEMBER
Daniel J. Murphy
MEMBER
*Denotes Member Services Committee
Robert Schaefer
CHAIRMAN
VICE PRESIDENT OF CREDIT UNION SERVICES LLC
Richard Conzo
MANAGER
Diane C. Rafferty
MANAGER
Frank A. Zvanovec
MANAGER
Security Coordinator
Richard Bishop
Member Services
The following member services are offered to all members,
and we hope you’ll take advantage of each and every one!
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Bonus Incentive Program
Suffolk Federal’s Bonus Incentive Program is
based on your level of participation at the credit
union. The more products and services you
utilize, the more you save!
Benefits include:
Consumer loan rate discounts on home equity
loans, vehicle loans, boat loans and personal
loans, helps you save hundreds of dollars on
payments. Monthly credits on Suffolk Federal
fees. And more!
For detailed information please visit
www.suffolkfcu.org/bonus-incentive-program.
Direct Deposit
Although each of our members is unique, we’ve
found that each member has at least one thing
in common — a schedule that doesn’t always
have room for a trip to the credit union. To make
life just a little bit easier, Suffolk Federal offers
free Direct Deposit.
With this convenient service, your net pay or
retirement and government-issued checks are
deposited right into your credit union account
automatically, every pay period. Direct Deposit
also gets you discounts on loan rates at Suffolk
Federal. So don’t forget to check out our Vehicle
Loans, Personal Loans, Personal Line-of-Credit,
Home Equity Loans and Home Equity
Lines-of-Credit.
For detailed information please visit
www.suffolkfcu.org/direct-deposit.
Financial Literacy Programs
Suffolk Federal’s Financial Empowerment:
Online Workshop can help lead you down
the road of financial success... and rewards
your efforts with cash back when you complete
the course!
Topics include: Savings and Investments, Building Emergency Savings, Auto Loans, Overdraft,
Mobile Payments, Payment Types & Credit
Cards, Credit Scores & Reports, Insurance & Taxes, Identity Protection, Mortgages, 529 Savings
Plans & Retirement Planning.
To register, please visit
www.suffolkfcu.org/financial-literacy-program.
Scholars Program
Suffolk Federal sponsors the Suffolk Federal
Scholars Program, bringing award-winning
Financial Literacy Program technology platform to local high schools, providing students
with access to a cutting-edge curriculum that
enables them to become certified in Financial
Literacy. Topics include credit scores, budgeting,
insurance, credit cards, student loans, mortgages, taxes, stocks, savings, 401(k) programs and
other critical concepts.
MEMBER
SERVICES
To learn about how you can participate visit
www.suffolkfcu.org/financial-literacy-program.
Fraud Protection
LifeLock® Identity Theft Protection helps proactively safeguard your personal information and
alerts you to potential threats. Get 10% off for
the lifetime of your membership.
Membership is required and includes identity
threat detection and alerts (network does not
cover all transactions and scope may vary), lost
wallet protection, address change verification,
and more!
To learn about how you can participate visit
www.suffolkfcu.org/fraud-protection.
Financial Counseling
With your membership, you receive FREE
unlimited access to financial education and
counseling services through Accel, a financial
counseling program that has been serving
families for more than 50 years.
“We couldn’t have had
success with our accounts
without your assistance
and perseverance on our
behalf. This is an extremely
rare experience in this day
and age. To take the extra
time to look at the whole
picture and help us is
greatly appreciated. “
– Debbie Steiger
SUFFOLK FEDERAL MEMBER
As a member, you can receive assistance with:
Personal and family budgeting
Understanding your credit report
Personal money management
Debt repayment
Avoiding bankruptcy, foreclosure & repossession
Assistance is only a phone call away!
Contact an Accel Counselor at 877-332-2235.
For more information and
business hours please visit
www.suffolkfcu.org/financial-counseling.
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MEMBER
SERVICES
State-of-the-Art Technology
Suffolk Federal brings you online transaction services that are
secure and truly state-of-the art!
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Online Banking
“I am very pleased to
know that you have
compassionate and
community minded
employees working at
your branches and are
the caretakers of my
mother’s account.”
– Michelle Wright
SUFFOLK FEDERAL MEMBER
Suffolk Federal’s Online Banking is designed with
you in mind and provides a secure, fast and easy
way to do your banking anywhere, any time.
It’s easy to check your balance, transfer funds,
use secure messaging, and set up free real-time
account alerts that you can receive through email,
text messaging and Online Banking!
Learn more about Online Banking at
www.suffolkfcu.org/online-banking
Online Bill Pay
Tired of trying to remember when bills are due
or waiting until the last minute to write and mail
checks? Look no further than free Online Bill Pay.
Your banking, simplified.
View up to 48 months of account information,
eliminate the clutter of paper statements and
help to reduce printing and postage costs —
money that goes back to all of our members
with the very best credit union benefits.
Enroll in free eStatements at
www.suffolkfcu.org/estatement-enrollment.
Mobile App with Remote
Check Deposit
Banking on the go? We see it too. Access the
very best of Online Banking through Suffolk
Federal’s Mobile Banking App!
ClickSWITCH
With ClickSWITCH, you can enjoy a convenient,
fast, secure and free way to switch your automatic payments and direct deposits... all with
the click of a mouse.
Access account balances and history
Transfer Funds between accounts
Pay Bills with FREE Bill Pay
Free Remote Check Deposit
Apply for a Loan
View your eStatements
Locate your nearest branch or ATM
And much more!
To learn more about switching accounts,
visit www.suffolkfcu.org/clickswitch.
To learn more visit
www.suffolkfcu.org/mobile-banking.
Person-to-Person (P2P) and
Account-to Account (A2A) Services
Download the Suffolk Federal Mobile
App for iPhone, iPad or Android!
Visit www.suffolkfcu.org/online-bill-pay
to enroll today.
P2P and A2A services provide members with a
convenient and secure way to transfer funds. With
P2P, you can send a payment to, or request a payment from, another person anywhere within the
United States, at any time, using only the recipient’s email address or mobile telephone number.
Now that’s simple! And with A2A, you can move
funds between internal and external, credit union
or bank, checking or savings accounts right
through Online Banking.
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eStatements
Learn more about P2P & A2A at
www.suffolkfcu.org/online-banking.
Insurance
Insurance protection is part of a solid financial plan. Dependable coverage
ensures financial relief in knowing you’re protected when you need it.
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Long-Term Care
Guaranteed Asset Protection
MEMBER’S CHOICE® Credit Life
Business
MEMBER’S CHOICE® Credit Disability
Personal Liability
TruStage Auto
Property & Casualty
Protect yourself should you require living
assistance not covered by Medicare or Medicaid.
Protect your loved ones from the unexpected,
by reducing or paying off outstanding loans.
Credit Disability covers your monthly expenses
if you become disabled due to illness or injury.
See how much you could save with discounted
auto insurance just for credit union members.
TruStage Home Program
GAP Insurance helps pay the difference between
a vehicle’s cash value and the loan balance.
We know your business means everything to you.
That’s why we offer a full line of insurance protection.
Protect you and your assets from lawsuits with an
extra layer of coverage.
Protect your assets in the event someone’s injured
in your home.
Renters
Combine your auto and home insurance, and
you could save even more.
If you rent an apartment, safeguard your
belongings from fire, theft or the unexpected.
TruStage Health Program
Petplan® Pet Insurance
Compare health insurance quotes and purchase
individual coverage. We can help you sort it out.
You can’t predict your pets’ health, but you can
plan for unexpected vet bills.
Investments
When it comes to learning about investments and financial planning, our
Financial Services Representatives are here to help you plan for your future.
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Financial Planning
We provide all of our members with Suffolk Federal’s MEMBERS® Financial Services
Program, a personal financial management
service that can help you identify financial
goals and objectives, analyze your financial
situation and recommend methods to help
you achieve financial security.
Retirement Services
Retirement planning and IRAs
Investment Services:
MEMBERS® Financial Services
Mutual funds
Stocks and bonds
Fixed and variable annuities
To learn more, visit www.suffolkfcu.org/investing-and-planning
Uninsured investment products offered 1) are not federally insured; 2) are not obligations of the credit union; 3) are not guaranteed by
the credit union or any affiliated entity; and 4) involved investment risks, including the possible loss of principal. Representatives are
registered, securities are sold, and investment advisory services are offered through CUNA Brokerage Services, Inc. (CBS), 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. FR-1135163.1-0215-0317. CUNA Brokerage Services, Inc. is a registered broker/dealer in all fifty states of
the United States of America.
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Personal Banking
We’re proud to offer our members a wide variety of account options and the
services you need to maximize the benefits of your Credit Union membership.
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Checking Accounts
At Suffolk Federal, we offer several checking
account options tailored to meet your money
management needs.
Free Advantage Checking
“I was applying for a
consolidation loan to
pay-off my high interest
credit cards and was denied.
Your employee tried
diligently and consistently
to get the loan approved
and did. I can’t thank her
enough for what she did.
You are lucky to have such
a caring person working
for you and I will always be
grateful for all she did for
me. Thank you. “
– Rosalie Frascinella
SUFFOLK FEDERAL MEMBER
Free Advantage Checking offers you a hassle-free
and convenient way to pay all of your bills without those unwanted fees. Benefits include:
No Minimum Balance
Thousands of surcharge-free ATMs nationwide
Direct Deposit
Free MasterCard® Debit Card with EMV Chip
Free Online Banking and Bill Pay
Easy Check Reordering
Overdraft Protection
Courtesy Pay
Beacon Rewards
With Beacon Rewards you can automatically
earn more on your Free Advantage Checking
balances just by using the following qualifying
conveniences that come with your account:
eStatements
Online Bill Pay
Direct Deposit
Signature-based Debit Card transactions
*Beacon Rewards provides a high rate dividend each month to
members with Free Advantage Checking that are enrolled in
eStatements; conduct at least three online banking Bill Pay transactions per month; have a direct deposit of at least $250 per month
into this account; and complete at least $300 in signature-based
debit card transactions per month. Accounts meeting the monthly
criteria will automatically receive the Beacon Rewards rate of 1.50%
Annual Percentage Yield (APY) applied to balances up to $25,000
and 0.35% APY applied to balances greater than $25,000. Dividends are calculated on a day of deposit to day of withdrawal basis
and credited monthly. Rates and terms are subject to change after
account is opened. Fees could reduce the earnings on the account.
Max Money Checking
With Max Money Checking*, you can have a
strong working checking account with tiered
Money Market rates that offer the same great
convenience and benefits as our Advantage
Checking account.
Max Money Benefits:
No monthly maintenance fee or check fee*
Access to thousands of surcharge-free
ATMs nationwide
Direct Deposit
Free MasterCard® Debit Card with EMV Chip
Free Online Banking and Bill Pay
Easy Check Reordering
Overdraft Protection
Courtesy Pay
* This is a variable rate checking account, rates subject to
change. Tiered rates depend on account balance. A $20
service fee is imposed on balances below $3,000.
Girl Scouts & LI2Day Checking
Suffolk Federal supports Long Islanders
through two unique checking accounts,
both designed to give back to the community we serve. You can do your part to make
a positive difference in the lives of fellow
Long Islanders, too! Choose either a Girl
Scouts Checking account to help young
girls grow strong, or a LI2Day Checking
account to join the fight against breast
cancer. You can donate five cents for each
signature-based purchase you make, up to
$350 per year.*
* Suffolk Federal will donate five cents per signature-based
purchase annually in December. Subject to change without
notice.
Visit www.suffolkfcu.org/rates to see what your money can earn for you!
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PERSONAL
BANKING
Savings Accounts
We’re here to help you reach your short- and long-term financial goals!
Suffolk Federal offers a variety of savings accounts that will help your money
grow, while you enjoy the ease of versatile, convenient account features.
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Share Savings
A Share Savings account is your primary
account at Suffolk Federal and signifies your
membership in the Credit Union! By maintaining a minimum balance of just $5, you have
access to all Credit Union services and benefits.
Youth Savings Account
Suffolk Federal’s Youth Savings account offers a
great way for your child to learn about saving,
and rewards their efforts too! Your child will
earn a higher dividend on their account, and
earn their first $25 deposit, on us, just for opening the account. Once the balance reaches
$1,000, Suffolk Federal will congratulate them
with another $25 deposit!
Balances up to $1,000 earn 3.50% Annual Percentage Yield (APY).
Balances greater than $1,000 will earn the yield of the Regular
Share account. Youth Savings account minimum opening
balance is $5. Minimum balance to earn dividends is $100.
Dividends are calculated on daily balance and credited monthly.
Youth Savings accounts must be custodial accounts. At the age
of 18, monies in this account will be transferred into a regular
savings account. Account must stay open for a minimum of 90
days or Suffolk Federal reserves the right to revoke cash-back
deposits. Suffolk Federal will not remove the deposit unless we
directly contact the member with reasons for doing so. Member
is responsible for taxes. Program and terms subject to change.
Money Market
By maintaining a minimum balance of
$2,500, an insured Money Market account
offers you the opportunity to earn highly
competitive dividends while providing
access to your funds without penalty.
Dividends are not earned when the balance falls below
this minimum. There are no restrictions on the amount or
frequency of deposits, however withdrawals are limited to
three FREE per month and a minimum of $500 each.
Share Certificates of Deposit
Suffolk Federal offers convenient, no-risk
Share Certificates of Deposit that earn
higher-yielding dividends with a low minimum deposit of $500. We offer terms from
three months to 60 months.
IRAs
Plan for your retirement by opening an IRA
(Individual Retirement Account). An IRA
is authorized by the Federal Government,
insured up to $250,000, and provides tax
benefits to eligible members to help accumulate their funds. We offer traditional and
Roth IRAs. To further meet your investment
preferences, IRA Share accounts and IRA
Certificate accounts are available too!
Visit www.suffolkfcu.org/savings to learn more about how your money can work for you!
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PERSONAL
BANKING
Club Accounts
Looking to save for a big purchase such as a home, gifts for the holidays or a
well-deserved vacation? Club accounts can help you build your nest egg so you’ll
have the cash on-hand when you need it!
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How Do Club Accounts Work?
You can open any Suffolk Federal Club account
with just $5. Then, you decide how much you
would like to deposit, any time, through Direct
Deposit, Payroll Deduction or by stopping by any
of our convenient branch locations. You can also
transfer funds from any of your Suffolk Federal
accounts by our Member Telephone Service (MTS)
or through Online Banking too!
It’s never too early to start saving for the
holidays! A Holiday Club account makes saving
and shopping for the holiday season a whole
lot easier. Funds are transferred to your Savings
account each year during the first week in
October, so you can let the shopping begin!
An early withdrawal fee of $10 per withdrawal
will be imposed.
Club accounts require a minimum opening balance of $5.
Minimum balance required to earn dividends is $100. Dividends
are calculated on daily balance and credited monthly. See current
Rates at www.suffolkfcu.org/rates for annual percentage yield
paid on balances.
Vacation Club Account
First Home Club
At Suffolk Federal, we know how exciting it is to
be searching for your first home. We also know
how important it is to save ahead of time for the
costs involved. The First Home Club account helps
you save and rewards your efforts too!
For each $1 saved, eligible members can receive
$4 in matching grant funds (up to $7,500*) to
use towards your down-payment and your
closing costs.
At Suffolk Federal, Our mortgage experts
provide the financing options you need,
while treating you with the respect and
dedication that all of our members deserve.
*A First Time Home Buyer is defined as an individual and his or her spouse who
have not owned a home during a 3-year period prior to the purchase of the new
home. The First Home Club is a program of the Federal Home Loan Bank of New
York and may be subject to change at anytime. Account details and eligibility
requirements can be found on the credit union’s Club Account page
www.suffolkfcu.org/holiday-vacation-club.
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Holiday Club Account
Save for your vacation getaway in advance with
a Suffolk Federal vacation club account, and it
will be smooth sailing when you’re ready to go!
A Vacation Club account provides the same
savings opportunity as the Holiday Club account, with added flexibility. Not only can you
save for that much-needed getaway, but this
account can be used for just about anything
else you can think of. A Vacation Club account
has the added flexibility of allowing one withdrawal per month. If more than one withdrawal
is made per month, an excess withdrawal fee of
$10 per withdrawal will be imposed.
Tax Time Club Account
Looking for an easy way to save for property
taxes or even potential Federal and State
taxes that you might owe? A Tax Time Club
account makes it simple to save. If more than
one withdrawal is made per quarter, an excess
withdrawal fee of $10 per withdrawal will be
imposed.
To learn more about our First Home, Holiday, Vacation or Tax Time Club accounts
www.suffolkfcu.org/holiday-vacation-club.
Mortgages
At Suffolk Federal we’re committed to making your entire experience easy,
convenient and hassle-free. With us as your mortgage provider, you get...
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A mortgage that fits your life
We’ll work with you one-on-one to identify your
needs and goals, then tailor your mortgage
accordingly.
Personalized, responsive service.
From day-one, you can look to us for expert advice
and world-class member service.
A secure online application process
Complete your application from the comfort of
your home. We can even provide pre-approval
so you can start home shopping.
Competitive interest rates
As a not-for-profit organization, Suffolk Federal
typically offers lower loan rates than other financial institutions.
Fixed & adjustable-rate options.
We offer a number of rate options and will find
the best option for you.
Low fees & affordable closing costs
We keep costs to a minimum, so you don’t have
to deplete your hard-earned savings to finance
your home.
“It is rare in this world to
come across employees
who go out of their way to
help a member. You have
such a person in Suffolk
Federal Call Center. I was in
a frustrating situation and
your employee went out
of her way to get me to the
right person. Although my
problem is still pending, I am
closer to having it resolved.
Kudos to a great employee.”
Home Mortgages
Welcome home! Home ownership is a goal for
many of our members. We are proud to offer a
wide range of fixed and variable rate mortgage
programs tailored to meet each member’s
unique needs and goals, whether you are purchasing a new home or refinancing the home
you already own.
Home Equity Loans
See your unused equity working better for you?
We see it too. With a low, fixed-rate Home Equity
Loan, you can consolidate bills, make home
improvements, pay for college expenses or buy a
new car. It’s your equity, and your choice of how
best to use it.
Hybrid Adjustable Rate Mortgage
– Phyllis Haner
SUFFOLK FEDERAL MEMBER
A hybrid adjustable-rate mortgage blends the
characteristics of a fixed-rate mortgage and a
regular adjustable-rate mortgage. This type of
mortgage will have an initial fixed interest rate
period followed by an adjustable rate period.
Reverse Annuity Mortgages
The Senior Security Home Advantage Program
allows a homeowner to borrow money against
the value of thier home. No repayment of the
mortgage (principal or interest) is required until
the borrower passes away or the home is sold.
For the latest rates, visit our Mortgage Center at www.suffolkfcu.org/mortgages.
To speak with a Home Finance Consultant about a Loan, please call 1-866-774-2384.
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Fixed Home Equity Loans
Home Equity Lines-of-Credit
Repayment term up to 20 years
Minimum loan amount of $20,000
Low rates
Interest may be tax deductible
(Consult a tax advisor)
No closing costs up to $150,000*
Borrow up to 80% of appraised value
less your outstanding mortgage
Loan Payment Protection
Repayment term up to 20 years
Minimum line-of-credit of $20,000
Maximum line-of-credit of $417,000
Low rates
Interest may be tax deductible
(Consult a tax advisor)
Advance options available
Borrow up to 80% of appraised value
less your outstanding mortgage
Featuring:
Featuring:
*Suffolk Federal will pay closing costs (except appraisal fee on HELOCs) on loan amounts up to $150,000 on properties located in New
York State only. If you pay-off and close your loan less than 3 years from loan origination date, you will be required to reimburse all
closing costs paid by Suffolk Federal. For loan amounts up to $150,000, closing costs are estimated at $1,200. Available for primary and
secondary residences excluding mobile homes, boats, co-ops, homes for sale. Hazard insurance is required. Please speak to an Suffolk
Federal representative for additional information, applicable fees and terms.
Personal Loans
Looking for extra cash, Suffolk Federal offers unsecured personal loans,
based on your credit history and your ability to pay.
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Fixed Rate Personal Loan*
If a Personal Loan with a low fixed-rate and
flexible terms is what you’re looking for, speak
to a Suffolk Federal Member Representative.
Featuring:
“I am very happy I left my
bank a few years ago for
Suffolk Federal. It has been
a great experience that the
big banks can no longer
match or even try to offer.
Any time I have a chance
to recommend Suffolk
Federal I do.”
– Frank Renna
SUFFOLK FEDERAL MEMBER
Maximum loan amount of $20,000
Minimum loan amount of $500
Term up to 60 months
Minimum payment $25 per month
Competitive rates and fast approval!
Convenient automatic payments through
your FREE Advantage Checking Account
*Rates are subject to change without notice. For every $1,000
borrowed at 8.40% APR (Annual Percentage Rate) for 60 months,
the monthly payment will equal $20.47. All loan requests are
subject to credit approval and income verification. Applicants
who are not approved at this rate or term may be offered credit
at a higher rate and/or different term. Maximum loan amount
is $20,000. Share account with $5 minimum balance required.
Please see a Suffolk Federal representative for additional information, applicable fees and terms.
Share Secured Loan*
You can apply for a Secured Loan too, allowing
you to borrow up to 100% of what’s available in
your Share Savings Account!
*For all variable-rate loans, the APR may change after consummation. The Share Secured loan rate is calculated as the dividend rate plus 3.00%. For Share Secured loans, the minimum
payment will be $25.00. There are no fees associated with the
Share Secured loan. Please see a Suffolk Federal representative
for additional information, applicable fees and terms.
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Personal Line-of-Credit*
Your Suffolk Federal Personal Line-of-Credit is
at your fingertips, 24 hours a day, seven days a
week. Best of all, you complete just one simple
application. When your line-of-credit is approved,
you’ll have a ready source of cash for years
to come!
Featuring:
Maximum loan amount of $20,000
Minimum loan amount of $100
Minimum payment – 2% of the balance*
Competitive rates and fast approval
Convenient automatic payments through
your FREE Advantage Checking Account
*For all variable–rate loans, the APR may change after consummation. The minimum payment for the variable line-of-credit will be
2.00% of the outstanding balance rounded up to the nearest dollar,
or $10.00, whichever is greater. Please see a Suffolk Federal representative for additional information, applicable fees and terms.
Visit www.suffolkfcu.org/personal-loans
to learm more about how we can help!
PERSONAL
BANKING
Vehicle Loans
Drive your way with an Auto, Motorcycle, Boat or RV Loan from Suffolk Federal.
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Auto Loans
Luxury, engine power, safety, fuel-efficiency or
just plain fun! We understand your reasons for
treating yourself to a new set of wheels. However
you choose to drive to your destination, at Suffolk
Federal, we have the Auto Loan that can help you
get there.
New Cars:
Financing up to 100% MSRP, plus sales tax,
license, and extended warranty.*
Used Cars:
100% financing up to NADA retail value or the
purchase price, whichever is less, plus sales tax,
title, and extended warranty.*
Lower Rates with Automatic Payments
(Direct Deposit or Share Transfer)
Extended Warranties Available
GAP (Guaranteed Asset Protection) Insurance
MEMBER’S CHOICE® Mechanical Repair Coverage
Loan Payment Protection
Motorcycle, Boat or RV Loans
We have loans for all of your motor vehicles,
including personal watercraft and off-road
vehicle loans.
* New auto loans may finance up to 100% of the MSRP or the
purchase price, whichever is less, plus sales tax, license, and
extended auto warranty. Used auto loans may finance up to 100%
of the NADA Value Guide or the purchase price, whichever is less,
plus sales tax, license, and extended warranty. Extended warranty
financing maximum is $2,000 on autos and $2,500 on trucks.
Extended warranty finance limit on all other vehicles is $2,500.
Please see a representative for additional information, applicable
fees and terms.
Super-Cool Auto Options
Our ‘Everything Automotive’ Buying Resource
Center connects you with auto research and
comparison tools to help you make a smart
car-buying decision while obtaining financing
from Suffolk Federal. For more information
visit www.groovecar.com/suffolkfederal.
AskAuto® App!
Find the Perfect Car... and the Perfect Auto Loan
with AskAuto®. Download the free AskAuto®
app! With this handy app you can:
Scan VIN numbers to get retail costs and EPA
mileage information. Compare, rank and save
notes on vehicles you want to buy.
Apply for a Suffolk Federal loan anytime,
anywhere using your Smartphone or mobile
device. Just scan your driver’s license and the
AskAuto® app pre-fills the loan application
with your personal information and vehicle
info for the car you’re interested in. Receive the
most up-to-date auto offers and specials from
Suffolk Federal for your current location! To get
the most from the AskAuto® app, select Suffolk
Federal on the startup screen, choose “Settings”
and select the “ON” button to receive local offers.
Enterprise Car Sales
Get unbeatable deals by purchasing a car through
Enterprise Car Sales with low-rate financing from
Suffolk Federal. Preview quality used cars at
www.enterprisecarsales/suffolkfederal.
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PERSONAL
BANKING
Credit Cards
See yourself spending less on credit card interest every month– and more on
what really matters to you? We see it too.
t
MasterCard® Platinum
Enjoy all the conveniences of a credit card,
without a high interest rate or annual fee. Plus,
our credit cards come outfitted with advanced
EMV chip technology to better protect you
from fraud.
MasterCard® Rewards
Earn great rewards when you shop with a
Suffolk Federal MasterCard® Rewards credit
card. No annual fee, and a great rate!
Get the rewards you really want: 1% on all
purchases, all the time. Earn points for every
dollar you spend using your MasterCard®
Rewards card. With your earned points, you
can unlock the door to exciting travel opportunities, premium merchandise, gift cards and
more. The more points you earn, the greater
your reward! Plus earn double rewards on the
first three months and 2,500 bonus points
each quarter when purchases exceed $4,000!
MasterCard® Secured
Working to build your credit? The Suffolk
Federal MasterCard® Secured credit card may
fit your needs best! You can secure your card
with an equal deposit in your Share Savings
account.
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MasterCard® Debit Card
See yourself shopping with added peace of mind?
At Suffolk Federal, we see it too. Your MasterCard®
Debit Card is outfitted with advanced EMV chip
technology and is designed to give you the best,
most secure purchase experience possible.
Plus, in the coming months you will earn rewards
everytime you use your debit card for signature
based transactions. Suffolk Federal’s MasterCard®
Debit Card helps you save money by earning
rewards. Rewards can then be redeemed for
cash back, merchandise and travel.
Why EMV?
Your Suffolk Federal MasterCard® is outfitted with
advanced EMV chip technology to better protect
you from fraud, and offers:
Enhanced 24/7 fraud monitoring. Your EMV chip
provides dynamic data that cannot be known by
someone who steals your card or card number.
The chip also makes replicating and counterfeiting your card more difficult than one with a
magnetic strip alone.
To learn more and apply visit www.suffolkfcu.org/credit-cards.
Business Banking
Your business is our priority! At Suffolk Federal, we understand the needs of Long
Island business owners and offer a wide range of Business Banking services to
meet the demands of large and small companies.
t
Business Checking
Basic Business Checking provides unlimited
check writing, no monthly fees, no per-check
fees and up to $40 credit toward your first
order of checks.
Deluxe Business Checking
Unlimited check writing, no monthly fees*, no
per check fees, and up to a $40 credit towards
your first order of checks. Your Deluxe Business
Checking interest is calculated on a daily basis
when a $5,000 balance is maintained.
*No monthly fees if minimum daily balance is maintained.
Members with Deluxe Business Checking accounts that
have their check images returned to them will be charged a
monthly fee of $50. Members with Deluxe Business Checking
accounts that do not receive their check images will not be
charged a monthly fee.
Remote Check Deposit
This super-convenient service lets you securely
scan your checks for electronic deposit into
your Business Savings or Checking account
through Online Banking, any time of day. Remote Check Deposit for Business is available for
a low monthly charge of only $15. It’s secure,
easy and affordable!
MasterCard® Business Debit Card
Looking to protect your business with every
purchase? Suffolk Federal’s MasterCard® Business
Debit Card is outfitted with advanced EMV chip
technology, designed to give you the best, most
secure purchase experience possible, including
enhanced 24/7 fraud monitoring. Plus, it works as
your ATM card! You no longer need to worry about
carrying cash, because you can use your Debit Card
for all of your everyday purchases!
BUSINESS
BANKING
Plus, in the coming months you will earn rewards
everytime you use your debit card for signature
based transactions. Suffolk Federal’s MasterCard®
Business Debit Card helps you save money by
earning rewards. Rewards can then be redeemed
for cash back, merchandise and travel.
Courtesy Pay
At Suffolk Federal, we understand that sometimes you might not have enough money in your
Business Checking Account to cover unforeseen
purchases and costs. You can protect your account
by enrolling in our Courtesy Pay/Overdraft
Protection service.
For information, visit www.suffolkfcu.org/business-checking.
“Since joining Suffolk
Federal, I have saved
quite a bit of money in
interest charges because
of the fantastic rates.
The Business Team is
wonderful! I am never
disappointed when I
contact them.”
– Marilyn Pepers
SUFFOLK FEDERAL MEMBER
13
Business Borrowing
Suffolk Federal helps businesses have easy access to cash to help build
inventory, purchase new equipment and cover other expenses.
t
Equipment Loans
BUSINESS
BANKING
From local decision-making and fast turnaround, to our highly individualized loan packages with no pre-payment penalties, we have a
complete spectrum of products that can make
all the difference in your business’ success.
Commercial Mortgages
If you’re looking to acquire, refinance, or
redevelop a commercial property, the team of
professionals at Suffolk Federal are here to help
make a diference for your business.
SBA Loans
“Suffolk Federal provided
such a great rate on our
mortgage refinance that
in the end, it saves us a
significant amount of
money each month.
Doing business with
Suffolk Federal has
certainly paid off.
– Joseph Zehentner
SUFFOLK FEDERAL MEMBER
14
From expanding your business to recovering
from disasters, SBA loan programs are available
to help your business succeed. Explore various
types of loans that may be available to you,
including: 7(a) loans and SBA 504 which are
part of SBA’s most common programs.
Business Line-of-Credit
With the flexibility of Suffolk Federal’s Business
Line-of-Credit, your business can access funds
any time to help improve cash flow or make
important purchases.
Business Overdraft Line-of-Credit
Get piece of mind with Suffolk Federal’s
Business Overdraft Line-of-Credit. Linked to
your primary business checking account it
provides overdraft protection with no
monthly fee or annual fee.
Vehicle Loans
Suffolk Federal helps business owners grow
with low-rate financing they need to purchase
automobiles, vans, box trucks, or even big rigs.
Business Credit Card
Your MasterCard® Business Rewards card
outfitted with advanced EMV chip technology, works for your business, and for
you, while protecting you from fraud.
Features:
Revolving credit line of up to $50,000.
Earn 1% on all purchases, all the time.
Earn points for every dollar you spend
redeemable for travel, merchandise,
gift cards — even cash.
A low rate and online access that makes it
easy to manage your business expenses.
To learn more about how we can help your business, visit www.suffolkfcu.org/commercial-loans.
Business Services
Suffolk Federal helps businesses have easy access to cash, to help build
inventory, purchase new equipment and cover other expenses.
t
Payroll Services
Suffolk Federal, in partnership with Paychex®, offers payroll processing and human
resource services, along with employee
benefits-outsourcing solutions for our
business customers.
For more information, visit
www.suffolkfcu.org/payroll-services.
Merchant Services
Suffolk Federal partners with Electronic Payments, a leading provider of innovative payment processing solutions for businesses, to
provide businesses with the latest services,
products and programs, all backed by the
highest standards in customer support and
a satisfaction guarantee.
Business Banking Technology
Suffolk Federal merchants now have access
to customized payment processing services,
unrivaled in-house support and low-cost
guarantees on the most advanced programs
and equipment, all through our partnership
with Electronic Payments.
Clover™ Placement Station
Developed by some of the best industrial
designers, Clover Station is built specifically
for point of sale. Its performance lives up to
its sleek, modern design, with user-friendly
software that ensures businesses run optimally. The standard Clover Station bundle
includes everything a merchant needs to
successfully process payments and manage
their business, including the tablet, cash
drawer, printer, plus a barcode scanner
for gift card transactions and inventory!
Solutions can be customized and tailored
specifically to your needs. Find out how this
best-in-class equipment can increase your
business efficiency and customer transaction satisfaction!
No upfront costs
No lease or purchase commitments
No long-term contracts.
For details on the products available visit
www.suffolkfcu.org/merchant-services.
15
PRESORTED
STANDARD
US Postage
PAID
Permit #125
Farmindale, NY
3681 Horseblock Road
P.O. Box 9005, Medford, NY 11763
MasterCard Platinum
Home Equity Loans
Look what you can do with your
homes equity…A fixed-rate loan,
as low as 3.95% APR*
Rates and terms are subject to change based on borrower eligibility and
market conditions and reflect automatic payment discount. For every $1,000
borrowed at 3.95% APR for 60 months, the monthly payment will equal
$18.39. APR is fixed at time of loan, but will increase .50% APR if member
stops automatic payments. Minimum loan amount is $20,000. Applicants
who are not approved at these rates may be offered credit at a higher rate.
All loans are subject to credit approval and income verification. Available on
1- to 4-family primary or secondary residences, excluding mobile homes,
co-ops and homes for sale, under construction or on leased land. Hazard
insurance is required.
Rate as of 11/1/16.
0.00% APR six-month introductory
rate on purchases and transfers.
After intro, variable rate
as low as 7.74% APR*
Introductory rate for new accounts on purchases only. After the introductory
period, the initial variable rate applied to balance is based on credit history, and
maybe higher than 9.9% APR. APR is variable and based on the Prime Rate
as published monthly in The Wall Street Journal. For more information on any
of the above-mentioned loan and line options, please see a Suffolk Federal
representative. Rate as of 11/1/16.
Auto Loans
Personal Loans
Financing your car purchase,
new or used is a smart way to roll!
Rates as low as 1.47% APR*
The right loan at the right rate
for just about anything!
Rates as low as 8.40% APR*
Rates and terms are subject to change based on
borrower eligibility and market conditions, and
reflect automatic payment discount. For every $1,000
borrowed at 1.47% APR for 60 months, the payment
will equal $17.30. APR is fixed at time of loan, but will
increase .50% APR if member stops automatic payments. Loans greater than 60 months are available at a
higher rate. Loan request is subject to credit verification
at the time of the loan. Rate as of 11/1/16.
Rates and terms are subject to change based on borrower eligibility and market conditions
and reflect automatic payment. For every $1,000 borrowed at 8.40% APR for 60 months,
the monthly payment will equal $20.47. APR is fixed at time of loan, but will
increase .50% APR if member stops automatic payments. All loan requests
are subject to credit approval and income verification. Applicants who
are not approved at this rate or term may be offered credit at a
higher rate and/or different term. A Share Secured loan rate
is calculated as the dividend rate plus 3.00%. For Share
Secured loans, the minimum payment will be $25.00.
There are no fees associated with the Share Secured
loan. Rate as of 11/1/16.
Visit us online at www.suffolkfcu.org for all of our loan products. Rates subject to change at any time.
Sayville Branch
Commack Branch
Medford Branch
3681 Horseblock Road, P.O. Box 9005
Medford, NY 11763
213 North Main Street
Sayville, NY 11782
Eastport Branch
Miller Place Branch
Southampton Branch
691 Route 25A
Miller Place, NY 11764
850 County Road 39
Southampton, NY 11968
Islandia Branch
Riverhead Branch
West Babylon Branch
6150 Jericho Turnpike
Commack, NY 11725
5 Eastport Manor Road
Eastport, NY 11941
1282 Motor Parkway
Islandia, NY 11749
Route 24 at 2 Enterprise Zone Drive
Riverside, NY 11901
631.924.8000
www.suffolkfcu.org
50-108 Route 109
West Babylon, NY 11704
Your savings federally insured to at least
$250,000 and backed by the full faith and
credit of the United States Government.
National Credit Union Administration, a
U.S. Government Agency