Months after Hurricane Sandy destroyed communities in several states, NEFCU said it is in it for the long haul to help those impacted by the storm.
The $2 billion credit union in Westbury, N.Y., said it provided $50 million in low-cost loans to the Long Island community.
Personal loans with a 1% annual percentage rate for the first year to assist with repairs and auto loan discounts and low auto loan rates to replace vehicles lost in the storm were made available.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
