Working with New Jersey State Employees Credit Union
Using the services of a NJ state credit union to your best advantageIf your company does business with or for the State of New Jersey, you may be able to join a New Jersey state credit union. Membership in these credit unions limited predominately to people that work for the state government, but credit union management can file a petition to allow outside businesses to join as Select Employee Groups, or SEGs.
If you can get your business approved as an SEG for a NJ state employees credit union, you and your employees can take advantage of everything the credit union has to offer. Three ways working with New Jersey state employees credit union institutions can help you save money are:
1. Through savings accounts, certificates and club accounts that offer competitive dividends;
2. Through loans that have lower rates and often fewer restrictions than you can find at many banks;
3. With remote access options, such as online banking and direct deposit, that let you make transactions from your home or office.
Examine the savings accounts a NJ state employee credit union offers
Check out loan options at a New Jersey government employees credit unionAn employees federal credit union NJ could be the best place to get a loan, either for business or for personal needs. Most times a credit union will have less-stringent penalties for late or missed payments than a traditional financial institution, not to mention lower rates. Credit unions are also less likely to have prepayment penalties if you want to pay off early.
Find a state employees credit union New Jersey that has remote bankingIt won't be hard to find a NJ credit union that has online banking and direct deposit. After all, it is the 21st Century. Credit unions that don't currently have these services are quickly jumping on the bandwagon, since it is to be expected in this day and age. Some credit unions charge for remote services. You may want to do some searching until you find one that doesn't.
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