Share (Savings) Accounts
Plan to Save
Enjoy peace of mind knowing there's
money for unexpected things like medical expenses, or fun
things like vacations, with a credit union share accounts.
Payroll deduction and direct deposit are two ways we can
help you make a savings plan.
Your Base Account
Niagara's Choice Savings Account is a credit union
member's base account. This account is opened and must
remain opened in order to take advantage of the full range
of credit union products and services. A minimum deposit to
open of $5 is required at the time a member applies for
An Account that Pays You Back
A Share Savings Account pays quarterly dividend rates which
are compounded daily when the account maintains a minimum
$250.00 daily balance. Share Savings Account statements are
sent according to the following conditions:
All Savings Accounts are insured to at
least $250,000 by the National Credit Union Administration
(NCUA) which is the federal regulatory body overseeing the
operations of credit unions in the United States. Our fees
are low but you should be aware that fees may reduce
A monthly statement is mailed when any
activity (deposit, withdrawal, or electronic funds transfer)
A quarterly statement is mailed during any
quarterly period where activity has occurred
Only an annual statement is sent in cases
where no activity has occurred
out our current rates...
A maximum cash withdrawal of up to $1,500 per day is
allowed. Withdrawals exceeding this amount will be honored
in the form of a Credit Union Draft
Checking (Draft) Accounts
Check With Us and Save
Niagara's Choice offers members a NO FEE full service
checking account. Our checking account could save you over
$100 a year compared to the checking account you may
currently be using at a local bank. We have NO monthly
service charges, per-transaction fees or other activity
costs. Plus we have special member only pricing on the
printing of checks through Liberty check printers. Most
check orders are priced under $10.00 (delivered). You only
pay for the check printing as you need them. Your first
order of 50 standard checks is free. A minimum deposit is
required to cover any costs incurred for non-standard
checks, and you must have at least $1 in your account at all
times for it to remain open. Checking accounts can also be
opened jointly with a "non-member" of the credit union.
Overdraft protection is available on request and is
linked to your Share Savings Account. In the event of an
overdraft, a $5 overdraft fee will be charged. With nearly
24-hour access to our Telephone Banking System you should
always be able to avoid this "penalty fee" and remain a
member in good standing.
Checking Accounts pay quarterly dividend rates which are
compounded daily when the account maintains a minimum
$250.00 daily balance.
Checking Account statements are sent monthly.
Checking account members can receive an ATM Card and FREE unlimited access to our Packard Road ATM
Machine with access to checking (or savings*) account. Our
ATM card is honored at all NYCE and Co-Op ATM locations.
Please be aware that many ATM operators (not the credit
union) impose certain fees for using their machines. These
are always clearly posted or indicated in the process of
making a transaction. It is the consumer's choice whether to
pay these fees by using a specific machine. Niagara's Choice
FCU ATM cardholders may process SIX "No Credit Union
Surcharge" transactions each month; at ATM machines other
than the credit union's locations. Each additional
transactions in a month will be assessed a $1.00 surcharge.
The card can also be used at Big K (mart), Target, Walmart,
Wegmans, Rite Aid, Tops Supermarkets and frequently for
at-the-pump purchases at leading gas stations. These "at the
register" transactions will also often permit a request for
additional "CASH" back in addition to payment for purchases
and do not incur transaction fees.
Five Reasons to Open A Credit Union
Stop in today
and open your no-hassle Checking Account
- It takes only ONE DOLLAR to
open a checking account and you only need a $1
You can write an unlimited
amount of checks per month
You can have overdraft
protection from your savings
You can apply for an ATM or MasterCard debit Card
You can access your Checking
Account through our Telephone Banking System or through "Online
Banking" System (transfer funds, access account
information, and more 24 hours a day).
maximum cash withdrawal and/or check cashing privilege of up
to $1,500 per day is allowed. Withdrawals exceeding this
amount will be honored in the form of a Credit Union Draft.
ATM and Debit Cards
Checking account members can receive a FREE ATM Card with FREE unlimited access to any of our ATM
Machines at all three locations, with access to their
checking and savings account.
Our ATM card is
honored at all Cirrus, Pulse and Co-Op locations. Please be
aware that many ATM operators (not the credit union) impose
certain fees for using their machines. These are always
clearly posted or indicated in the process of making a
transaction. It is the consumer's choice whether to pay
these fees by using a specific machine.
Niagara's Choice FCU
ATM cardholders may process 4 "No Credit Union Surcharge"
transactions each month at ATM machines other than our Credit
Union's locations. Each additional transaction in a month
will be assessed a $1.50 surcharge.
*Contact a credit union
your credit union debit card at any merchant that accepts
You can use your MasterCard debit card in person, by phone, or
on-line. The MasterCard also acts as an ATM Card. You
may withdraw cash at area ATM machines, including our
"no-fee transaction" machines at all three branch
When using the MasterCard as an ATM Card you
can make 4 cash withdrawals per month without a fee
(excluding our Credit Union's ATM transactions). Each cash
withdrawal after the 4th one in a given month, will be
assessed a $1.50 fee. Remember, individual ATM Machines may
impose their own surcharge fee.
Click here to report a lost or stolen card...
Online Check Reordering
Click on the logo below to proceed to the secure ordering
NCFCU Routing Number: 222381549
Save for the holidays a little at a time by making
regular deposits in a Niagara's Choice FCU Holiday Club
Account. Our Holiday Club Account earns regular savings
holiday club account can be opened at any time and the funds
are distributed on November 1st. There is no opening deposit
There are two different ways to make deposits. A
member can either make them on their own, or have them taken
out of their savings or checking account automatically each
month (if permitted by your employer).Save ahead and put the
"happy" back into your holidays.
Check out our current rates...
Note: Fees may reduce earnings
Start saving today
for that ever important time in your life.... Retirement
may make regular deposits to an IRA up to the maximum
permitted by law. With an Accumulation IRA, deposits may be
made in person, up to the maximum amount the member is
eligible to deposit. The dividends paid on IRAs are not
fixed. The minimum opening deposit is only $5. We cannot give
tax advice or advise you as to your eligibility for the IRA.
Please see your tax adviser for this information prior to
opening the account. Standard IRA Accounts pay quarterly
dividend rates which are compounded daily when the account
maintains a minimum $250.00 daily balance.
our current rates...
Coverdell IRA Education Savings Account
variety of IRA options available, Niagara's Choice offers
the Coverdell Education Savings Account (formerly known as
the Education IRA).
Who Can Contribute?
Anyone who has modified adjusted gross income:
Some people with higher Modified
Adjusted Gross Income may be able to make smaller
contributions. Contributions not allowed after the
beneficiary reaches 18 (except for 2002 and later years
contributions allowed for special needs beneficiaries).
filer up to $95,000
Joint income for filers up to $190,000
How much can I contribute?
$2,000 per child
for 2003 and later years.
Limit applies to all Education IRAs (also known as
the Coverdell Education Savings Account) for the same child.
We cannot give tax advice or advise you as to your
eligibility for the IRA. Please see your tax adviser for
this information prior to opening the account.
Now Niagara's Choice Credit members have the option
of making contributions to a Roth IRA. The Roth IRA offers
unique and exciting savings opportunities. Not only can it
help with retirement needs, but also a first-time home
purchase or other financial goals. This flexibility makes
the Roth IRA appealing to many different age and income
groups. Although it's not a one-size-fits-all solution, the
Roth IRA will give many members an easy and safe way to plan
for the future. For additional information, call to speak
with a credit union representative; although we cannot give
tax advice or advise you as to your eligibility for the IRA
we will be happy to discuss the IRA options that may be
available to you. Please consult your tax advisor for this
information prior to opening an IRA Roth account. Roth IRA
accounts pays quarterly dividend rates which are compounded
daily when the account maintains a minimum $250.00 daily
our current rates...
Share Certificate Account (CD)
These term accounts give you a guaranteed higher
rate of interest for a specific term: 3 months, 6 months,
12 months, 36 months, 48 months, or 60 months. There is a
minimum deposit of $500. The rate in effect when you
open your account is locked in until maturity. Dividends are
compounded daily and paid quarterly on the average daily
balance calculation method.
our Certificate Rates...
Note: Fees may reduce
earnings. There are penalties for early withdrawal.
Family members are never too young to become a
member of the credit union!
As our youth members grow up,
we want to make sure they are prepared to meet financial responsibilities. With parental approval, the
credit union is the best place for their financial firsts.
- Parents and grandparents can start to teach
financial responsibility by making sure everyone
in the family becomes a member and has at least
a basic Share Account
- Bring your children with you to visit the credit
- Ask for a quarter folder and encourage them to
save with it. When they deposit a complete
folder, we'll give them a reward
Niagara's Choice FCU
has established a strategic partnership with the EMS Group
to bring you a variety of cost-saving insurance products and
And remember the youth
benefits and services for our student members:
1st Checking Account
1st Debit or ATM Card
1st Credit Card
Niagara's Choice FCU pays
dividends on savings accounts to all minors on a
quarterly basis regardless of the balance.
- Annual Scholarship Awards ... Graduating
high school seniors planning on attending
college in the fall are eligible for credit
union scholarship awards from Niagara's
Choice, the Niagara credit union chapter and
the Credit Union Association of New York ...
all with one application.
Fees may reduce earnings. Checking accounts, and/or MasterCards require
usual credit check and parent or guardian
signature if applicant is under 18 years of age
and without a credit history.
Our excellent rates, terms and
quick service will have you in your new vehicle
in no time.
New Vehicles (Loan Amounts: $2500 - $60,000)
The credit union may lend up to 100% of any new
vehicle price, plus taxes, license and
Used Vehicles (Loan Amounts: $2500 - $60,000)
The credit union may finance any used vehicle up
to seven years old purchased from a dealer or a
private party. We have NADA guides to help you
purchase or sell your vehicle at a fair price.
Interested in cutting your monthly expenses? We
may be able to help by refinancing your existing
bank or dealership loan.
New and Used Boat Loans (Loan Amounts: $2500 -
We have some of the lowest and most flexible
rates around. The credit union may lend up to
100% of a new boat price, including taxes,
license and filing. We also refinance other
lenders' boat loans.
Motor Homes and
(Loan Amounts: $2500 - $60,000)
The credit union may lend you up to 100% of a
new motor home price, including taxes, license
and filing, and may finance any used motor home
up to ten years old purchased from a dealer or a
(Loan Amounts: $2500 - $60,000)
The credit union may lend up to the NADA retail
value on used motorcycles. Refinance from
another lender and you may be able to lower your
monthly payment and save money.
(Loan Amounts: $2500 - $60,000)
We can help you finance anything from a classic
Model T to a classic 57 Chevy.
Watercraft & Snowmobiles
(Loan Amounts: $2500 - $60,000)
The credit union may lend you up to 100% of a
snowmobile or personal watercraft price,
including taxes, licensing and filing.
out our rates...
Whether you are a first time home buyer or
looking to refinance an existing mortgage you'll
find we can help you every step of the way. To
set up an appointment with a Niagara's Choice
mortgage professional call:
Main Office (716) 284-4110 Ext 204 (Chris)
NT Office (716) 693-5140 Ext 251 (Cheryl)
Wheatfield Office (716) 923-1466, Ext 307 (Sharon)
Lockport Office (716) 434-4180, Ext 330 (Nora)
Niagara Falls Office (716) 434-4180, Ext Ext 304
Or you may apply on-line right now at: Click
Loans for any season, for
just about any reason. Whether
you have home improvement plans, an upcoming
family wedding in the works, a dream vacation in
mind a credit union personal loan is a cost
effective and time saving way to meet you
Niagara's Choice mortgages are made possible
through a partnership with CUC Mortgage. To
check current mortgage rates you may
(Loan Amounts: Up to $12,000)
Credit union members are eligible
to apply individually for unsecured Personal
Loans up to $12,000.
Print an application...
out our rates...
Niagara's Choice MasterCard
Our MasterCard rate is
based on your credit history and starts as low
as 8.9% APR. You won't pay annual fees or huge
transfer fees with this card, and your
rate won't fluctuate with the weather.
Plus, with every purchase, you'll receive
rewards points that can be exchanged for gifts
and travel through the MasterCard SCORE program.
Beware of other credit card offers that sound
too good to be true. They may offer a
great introductory rate, but read the fine
print. That rate could skyrocket to 30% or more
if you make a late payment!
teaser rates, the large banks that make these
offers can sell their credit card portfolios
without notice to another financial institution,
and you may have to pay rates even higher than
before. In addition, cash advance fees, late
payment fees and abuse fees are reaching record
credit union MasterCard, you know you’ll have a
reasonable fixed rate with people who won’t take
advantage of you.
Niagara's Choice FCU is pleased now pleased to
access to your MasterCard Account...
To access account
information and make inquiries by phone call:
1-800-872-2965 To visit the Score
Rewards program on-line catalog go to:
Sign up today for MasterCard's SecureCode at no
cost. Enjoy added protection while shopping
online by going to:
Secure Code and sign up today
out our current loan rates
report a lost or stolen card
Former Niagara County's
FCU MasterCards please call: 1-866-820-2965
Home Equity Line of Credit
Niagara's Choice Home Equity Lines of Credit can
turn the equity in your home into an open ended
line-of-credit. Up to 85% loan to value lines
There's no annual fee, and you have
easy access to your line-of-credit whenever the
Interest paid may be deductible
under current IRS regulations (subject to IRS
restrictions; consult your tax advisor for full
details). The Credit Union is currently paying
all third party fees associated with this loan.
Other third party fees charged by the appraiser
and title insurance companies are paid by the
Processing time from application to
completion can range anywhere from 2 to 3
To learn more about our great rate Home
Equity product call to schedule an appointment
with a Member Service Representative.
Home Equity Fixed Rate Loan
Niagara's Choice Fixed Rate Home Equity Loan can
turn the equity in your home into an closed-end
loan. Borrow up to 85% of the equity in your
home for up to 15 years with NO closing
Use the loan for debt consolidation, home
improvement, education or any good purpose.
the interest you pay may be deductible under
current IRS regulations (subject to IRS
restrictions; consult your tax advisor for full
To learn more about our Home Equity
Fixed Rate Loan product call to schedule an
appointment with a Member Service
Minimum loan amount: $5,000
Maximum loan amount: $150,000
The Home Equity
Fixed Rate Loan Annual Percentage Rate is based
on your credit score.
Click here for Online Bill Pay...
To make life a little easier for those
on the go we have a mobile optimized version of
our website for use with your smartphone and
Click here for Online
Online Bill Pay
Telephone Banking System
We provide nearly 24 hour access to your
credit union accounts. It's FREE and all you
need are your member number and PIN.
inquiries, transfer funds from one account to
another, and make withdrawals from your Share or
Share Draft account, all you need is a
touch-tone phone and special access codes. You
can enjoy the convenience of using a telephone
to access your credit union accounts from home,
work, and even if you are out of town.
wonder what did I write this check for?
Suddenly find yourself concerned if a check
might be returned for insufficient funds? Want
to make a loan payment while watching TV? All
this and more is right at your fingertips.
audio response system allows members to check
balances, transfer funds, make payments, see
what checks have cleared, and get year to date
information. By choosing option 2, you can get
information about the credit union's current
rates and operating hours. To access the system
call (716) 284-6747.
To access your account
enter your member number followed by the pound
(#) sign. You will also need a pin number to
access your account. The first time you
call, you will be instructed how to customize
Loan By Phone
you can enjoy the convenience of completing a
credit union Loan Application nearly 24 hours a
day using our Telephone Banking System. To access the system call (716)
284-6747. Enter your credit union member number
followed by the pound (#) sign. You will also
need a pin number to log into the system. The
first time you call, you will be instructed how
to customize you pin. To begin the loan
application process press 6 and use the keypad
on your phone to enter information when
Niagara's Choice FCU accepts incoming
wire-transfers at no charge. Outgoing
wire-transfers are $15 for domestic transfers
and $40 for international transfers. To initiate
an outgoing wire transfer you will need to
provide the credit union with the receiving
financial institutions incoming wiring
instructions. Contact the credit union for
Enjoy the convenience of having your
government, retirement and/or payroll checks
deposited automatically to a credit union
account. Best of all you can use any of the
credit union's electronic account services (Home
Teller or R-Oxy) to check when your deposit is
available. Direct deposit will protect your money
from the issuer right into your account
providing a tremendous amount of peace of
mind. Contact us by phone or in person to set up
Please Note: Check with your
employer to determine if direct deposit is
available. Not all employers offer this service.
is available for those members whose employers
provide the option to have a portion of your
payroll directed to multiple accounts or
financial institutions. Please check with your
employer to determine of they offer this service
before contacting the credit union.
You'll never need to worry about making a
payment on time. Plus, you can save time and
enjoy the convenience of not having to write
monthly checks or standing in line by
establishing "Automatic Payments" for your
credit union loans. You can choose to have your
loan payments made monthly or bimonthly directly
from one of your credit union accounts.
Third Party Payments
(Utility Bills, Phone Bills, Insurance
Premiums and etc.)
Avoid the hassle of writing
monthly checks by setting up automatic payments
to pay your bills. To set up recurring withdrawals you need to provide the
vendor with the credit union's "ABA Routing
Number" as well as your Account Number.
Non-members who use the
machine will be charged a $1.50 transaction fee in addition to any
surcharges by their own financial institution.
Note: Don't use
the suffix 01 or 15. They are in-house codes
and if used may cause delays. Niagara's
Choice FCU Routing and Transit Number:
222381549. If at some future time you wish
to cancel this service to a particular payee
you will need to contact the payee directly.
Once begun the credit union is unable to
terminate this service.
No Fee ATM Locations
All three of our
branches offer no fee ATM transactions for
members 24/7. These locations also provide a
night drop box for deposits and credit union
Other ATM Locations
The Niagara's Choice ATM card is honored
worldwide at all Cirrus, Pulse and Co-Op ATM
locations. Please be aware that many ATM
operators (not the credit union) impose certain
fees for using their machines. These are always
clearly posted or indicated in the process of
making a transaction. It is the consumer's
choice whether to pay these fees by using a
specific machine. Niagara's Choice FCU ATM
cardholders may process FOUR "Non CU Surcharge"
transactions each month; each additional
transaction is $1.50.The card can also be used
at some retailers such as Big K (mart), Target, Walmart, Wegmans, Rite Aid, Tops Supermarkets
and frequently for at the pump purchases at
leading gas stations. These "at the register"
transactions will also often permit a request
for additional "CASH" back in addition to
payment for purchases and do not incur
Home and Auto and Long
Term Care Insurance
Scott Medole is our
insurance specialist from the Emerling Agency. He has saved
our members hundreds of dollars on their insurance needs
over the last twenty years. He would be happy to help
you determine whether you are paying to much for your
existing coverage and point you in the right direction.
can visit Scott at our Packard Road office without an
appointment on Thursday afternoons. Or, you may schedule an
appointment with him for other times to better suit your
schedule... including appointments right at your home.
him directly at (716) 631-0190.
The EMS Group provides FREE
quotes on home and auto insurance and is solely responsible
for the products it represents.
Accidental Death & Dismemberment Insurance
Every member of
the credit union is covered with no cost "Accidental Death &
Dismemberment Insurance" coverage up to $2,000. Additional
coverage is available at a cost.
Every member will also
receive $4,000 of AD&D insurance from NILCO (National Income
Life Insurance Company). Spouses will receive $500 and
each child $250.
Contact a credit union Member Service
Representative for details.
Payment Protection Insurance
the peace of mind from Member's Choice Loan Insurance
Credit Life Insurance
Protect you estate in the event of death from having to meet
the obligations of your loan/s. For a small fee, added onto
the monthly payment amount over the term of a loan you can
be sure that you financial commitments will be met if you
are no longer able to do so.
Credit Disability Insurance
credit disability insurance your loan payments will be made
should you become temporarily disabled for more than 4
weeks. You must be out of work for more than 4 weeks to file
a claim with a credit union representative.
Financial Planning Services
Want a brighter financial
future? The "Financial Guys" Jim Primiano,
Mike Lomas and Glenn Wiggle are here to help. If you'd like to schedule
an appointment with Jim at a time that suits your schedule, call him directly at (716)
can also listen to Mike and Glenn on their radio
talk show Saturday afternoons on WBEN-930 from
2pm - 3:30pm. According to Mike and Glenn they
are different from most financial firms because
they not only work with mutual funds, annuities
and insurance, but also have full stock trading
and stock research capabilities. Theirs is
a team approach. Working with you, they
will assess your wants, needs and risk
tolerances, to formulate a plan just for you.
Regal Cinema Tickets: Contact Regal Cinemas for
any restrictions on ticket use. Price: $7 ea.
Budget Rent A Car of Buffalo: Offers a 10%
discount to any member of the Niagara's Choice
Federal Credit Union. For local rentals in
and enter the discount
for your 10% discount. For all rentals outside
the Buffalo area, visit
and enter the Budget
Corporate Discount code
offered through NEXT Financial Group, Inc.
Member NASD & SIPC, Not NCUSIF Insured, Not
CU Guaranteed and May Lose Value
Money Saving Discounts
Delta Sonic Super Kiss
Tickets for use at any Delta Sonic location.
Price: $8.75 ea.
Annual Member Events
Choice Federal Credit Union holds its Annual
Meeting each spring to report to members details
of the credit union's financial and operating
status. At this meeting, members also have the
opportunity to direct the future of the credit
union by electing fellow members to serve on the
all-volunteer Board of Directors. Each
Board member serves for a two year term.
In addition to the Annual Meeting, a delicious
dinner is served and there are prize drawings.
Tickets go on sale at credit union offices at
least one month prior to the event. All members
and guests of members are invited.
Shared Service Centers
US NET - Access
Your Accounts All Over the Nation with Shared
Service Center Access
Niagara's Choice is a participating member of
the National Shared Service Center Network - US
Members of Niagara's Choice FCU are welcomed as
visiting members at any of the more than 4,300
service center locations nationwide. When you’re
away from home, you can look for the swirl logo
that welcomes you to a Credit Union Service
Center, or for a complete nationwide listing go
At a Service
Center, simply provide the member service
representative with your account number and a
valid photo ID.
Service Center Access for Members Visiting
Credit Union members from other participating
credit unions are welcomed as visiting members
at our both of our office locations. This unique
cooperation between participating credit unions
allows visiting members to make certain
financial transactions just as if they were at
their own credit union. Visiting members are
welcome to make deposits and withdrawals from
their own credit union accounts right at our
Local Shared Service
32 South Elmwood Avenue,
2290 Delaware Avenue,
Phone: 1-800-836-7328 X 8702 or 8761
642 Sheridan Dr,
Financial Trust FCU
3333 Harlem Road,
Phone: 1-800-836-7328 X 8708 or 8704
Financial Trust FCU
4257 Seneca Street,
Western New York
1937 Union Road,
Phone: (716) 674-3199
Notary Public Service
number of the credit union's professional staff
are notary publics and will be happy to assist
you with notarizing documents when the need
arises. No appointment is necessary and this
service is free to all members.
Certain documents and transactions require what
is called a "Signature Guarantee." This service
is similar to having documents notarized. You
can visit the credit union's Main Office on
Packard Rd if you
need a "Signature Guarantee." This service is
available to members upon request at no charge.
Printable Forms Library
Welcome to the credit union's resource page
containing handy forms and applications you can
print or download right to your desktop. Select a
form by double clicking on it's title. If you
have "Adobe Acrobat Reader" installed on your
computer the file will automatically open. From
the new window you can print it or save it to
your hard drive by 'right-clicking' on the file
name and selecting "Save Target As". If you do
not have "Adobe Acrobat Reader" installed you
can download from Adobe's website by clicking on
the icon below. The program is free. After
installing the program restart your browser and
return to this page.