Self Reliance New York Federal Credit Union
Self Reliance New York Federal Credit Union
6325 Route 209
Kerhonkson, NY 12446
Tel: 845-626-2938
Fax: 845-626-8636
Self Reliance (NY) Federal Credit Union is a professionally managed not-for-profit and member-owned financial institution serving the Ukrainian American community. Unlike other financial institutions, we return excess earnings to our members in the form of lower interest rates for loans, higher yields on savings and investment accounts, and by adding new financial products and services.
As a member, your account with Self Reliance New York Federal Credit Union is federally insured up to $250,000 by the National Credit Union Administration, the strongest insurance fund among all federally insured institutions. In addition, if you have an Individual Retirement Account at our credit union, it is also insured up to $250,000.
A Brief History
The Self Reliance New York Federal Credit Union, established in 1951, by a group of volunteers dedicated to the cooperative philosophy of "people helping people", under the sponsorship of the Self Reliance Association of American Ukrainians, is currently the oldest and largest Ukrainian Credit Union in the world. It has over 14,800 members and assets exceeding 635 million dollars.
Self Reliance New York F.C.U. exists for its members’ benefit, constantly striving to:
Foster the ideals of cooperation and promote the financial well being and security of its members and through them the Ukrainian community;
Promote thrift, provide credit and quality financial products and services to meet members’ demands, in a professional, confidential and courteous manner;
Safeguard its members’ assets by investing funds in a safe and sound manner that will strengthen its capital growth formation while providing a strong base for growth
The Credit Union is run by a Board of Directors who are elected by the members at an annual membership meeting. Each member of the Credit Union has one vote, regardless of the amount in his or her account.
The primary goal of Self Reliance is and has always been – serving our members in a courteous, professional and confidential manner. We always welcome new members and are ready to service all their financial needs. We hope to become your premier financial service provider.
Joining Is Easy!
To become a member at Self Reliance (NY) Federal Credit Union one must first qualify for membership at the Selfreliance Association of American Ukrainians. There are branches of the Association in New York City at 98 Second Avenue, New York, in Uniondale and Kerhonkson New York. An initial minimum deposit of $50.00 is required to open a basic share account, plus a $5 membership fee to the Selfreliance Association. Having a share account makes you immediately eligible for the many benefits of credit union membership.
You’re welcome to remain a SRNYFCU member for life, even if you move. Access to credit union financial products and services are available through direct deposits, by mail, fax, phone, our "Rely-on-Us" Automated Response System, NetTeller Home Banking and at thousands of worldwide ATMs (automated teller machines). Once you join, your family members may also apply for lifetime membership. Eligible family members include your spouse, children, parents, grandchildren, grandparents, brothers, sisters, aunts, uncles, nieces, nephews, first cousins and in laws.
LOANS FOR ALL REASONS
When you need to borrow money for whatever reason, check with Self Reliance New York Federal Credit Union first. Low interest rates, flexible repayment terms, easy application process and quick approval are available to qualified borrowers. Members who have existing loans with another financial institution may be able to refinance at our lower interest rates. You could instantly save on interest, plus lower your monthly payment.
Mortgages
First and Second Mortgages
1 – 4 Family Home – Residential Owner Occupied
Co-op and Condominium
Member Business Loans (4+ family dwellings)
Fixed, adjustable and jumbo mortgages
Terms up to 25 years
No points
No prepayment penalties
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