Products & Services
NY TEAM has something for Everyone!
At NY TEAM, we take pride in offering comprehensive banking services that cater to your every need. We understand that everyone’s financial journey is different, and that’s why we prioritize providing a personal touch and a wide range of products and services that empower you to take control of your financial future. As a valued member/owner of the NY TEAM Federal Credit Union, you’ll gain access to competitive financial products and services that prioritize convenience and flexibility. Whether you need loans, mortgage products, a Mobile APP, credit cards, FREE checking accounts, savings accounts, holiday and vacation clubs, access to over 4,900+ surcharge-free ATMs, E-Statements, convenient locations, or other conveniences that help you manage your finances, we’ve got you covered. Our goal is to meet your financial needs and provide the unwavering support you need to achieve your dreams.
-
Direct Deposit
Safe, fast and convenient. Your net paycheck comes directly to your Credit Union account for distributions that you specify.
-
EMV Debit Master Card
This Debit card can be used at any of the millions of merchant locations around the world displaying the NYCE/CIRRUS symbol. You will receive a Personal Identification Number (PIN) to allow withdrawals from your savings or checking account at an ATM. All other transactions are handled in much the same manner as a credit card transaction, except that the money is deducted from your savings account or checking account if you have one.
-
Relationship Pricing
With our Relationship Pricing Program, you could qualify for up to a total of 1.00% off your interest rate along with ATM rebates and fee-free Money Order, Teller Checks and Transfers. Designed to help our members save money for using our products & services.
-
Teller Audio Response:
(516) 822-0170, option #1 Is an easy, convenient way to have access to your Credit Union accounts seven days a week 24 hours a day from anywhere at anytime. By using a touch-tone telephone, your account number and a special PIN you can get account information and make transfers.
-
E-Statement
Is a great service which allows you to access your statements electronically, and archives your statements up to 7 years. Log-in to our Home Banking to sign up for E-Statements. Go Green Today!
-
Money Orders
are for sale for a modest fee. Money orders are a safe and easy way to make payments.
-
Mobile App
Mobile banking gives you easy access to your account information right from your phone, or tablet, allowing you to monitor your finances wherever you are.
-
Notary Services
The Credit Union offers Notary Services at all of our branches, free of charge for our members.
-
Overdraft Protection
As a member of the Credit Union, you can manage your money conveniently without the stress of bounced checks or insufficient funds. We realize that the unexpected sometimes happen, or perhaps you miscalculated your balance, and as a result an overdraft occurs. We’ve all done it; forgotten to deduct that ATM withdrawal or debit card purchase. To help protect you, we provide three overdraft options.
-
Wire Transfers
Whether you are sending or receiving money over state lines or overseas, NY TEAM Federal Credit Union will help you get your money where it needs to be with a wire transfer. A wire transfer is a quick and secure way to send or receive money to or from a family member or friend when the need arises.
-
Courtesy Pay
See below:
Courtesy Pay
We offer our Standard Courtesy Pay service for all of our checking accounts, which includes the option to opt-in for Everyday Purchases. We understand that mistakes can happen, unexpected expenses can arise, or you may run out of funds – all of which can result in a negative balance in your checking account. We encourage responsible financial management, but we also want to provide a solution for these situations. Returned checks and denied electronic transactions can be inconvenient and costly, and may even affect your credit history. To help, we offer Courtesy Pay*, an overdraft privilege service that can cover overdrafts up to $500 for a fee of $30 per item.
Credit Union Eligibility*:
All accounts enrolled into Courtesy Pay must be in good standing.
| Eligibility | $250.00 CP Limit | $500.00 CP Limit |
|---|---|---|
| Minimum Age of Member | 18 | 18 |
| Account Days Open | 60-180 Days | 181+ |
| Minimum Monthly Deposit | $100.00 | $100.00 |
Our Standard Courtesy Pay service covers various transactions such as checks, electronic debits and automatic bill payments. However, to have overdraft protection for your ATM and debit card transactions, you need to personally ‘Opt-In’ in compliance with Federal Regulations. If you prefer not to use this service, you can easily Opt-Out through our form below. We also offer the option to lower your $500 Courtesy Pay limit by using the same Opt-Out form.
TIPS
Remember: Please keep in mind that the daily limit for Pin-based transactions using your Master Money Debit Card is $1,000. This means that any purchase or ATM withdrawal that requires your PIN cannot exceed $1,000 per day. Your debit card can also be used for credit card type transactions where no PIN is required. By selecting “credit” at the Point Of Sale, you can make purchases up to a daily limit of $2,500. We recommend this option for most purchases as it allows you to have more funds available for the day.
Maintaining a check register is an excellent way to balance your checking account. Keeping a check register is a great way to ensure your checking account is balanced. By recording your withdrawals and deposits, you can keep track of your available amount and maintain an accurate balance.
Making use of the Online Banking and Phone service is a great help in more ways than one. Online banking and phone services are also useful tools that can help you monitor your account. You can easily check what has cleared your account and avoid the $1 fee charged for balance inquiries.
Opting in to Courtesy Pay.Your credit union now offers a new service called Courtesy Pay that can ease the stress of incoming payments. All members have been automatically enrolled, and incoming checks and other checking account debits will be covered up to $500. Opting in will also cover your everyday debit card transactions, including the minimal transaction fee of $30.