Products & Services
NY TEAM has something for Everyone!
If you’re looking for “full-service” banking, no matter where you are in life’s journey, you will find it at NY TEAM, where we’re moving dreams forward. Unlike banks, NY TEAM offers that personal touch and an array of products and services, which gives you the power to take ownership of your financial future.
As a NY TEAM Federal Credit Union member/owner, you have access to a complete, competitive line of financial products and services, as well as convenience. NY TEAM offers a variety of loans and 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 and many other conveniences. These products and services are all available to meet your financial needs and help you manage your finances.
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Direct Deposit
Safe, fast and convenient. Your net paycheck comes directly to your Credit Union account for distributions that you specify.
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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.
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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.
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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.
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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!
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Money Orders
are for sale for a modest fee. Money orders are a safe and easy way to make payments.
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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.
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Notary Services
The Credit Union offers Notary Services at all of our branches, free of charge for our members.
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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.
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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.
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Courtesy Pay
See below:
Courtesy Pay
All of our checking accounts have been enrolled into our Standard Courtesy Pay service, with a choice to opt-in for Everyday Purchases. We encourage our members to manage their finances responsibly; however, we realize that there may be times when you make a mistake, have unplanned expenses or run short on cash – all leaving you with a negative balance in your checking account to cover expenses. Returned checks and denied electronic transactions can be inconvenient. They can also be costly and result in possible damage to your credit history. To help, we provide Courtesy Pay*, a checking account overdraft privilege service that will pay overdrafts up to an a $500.00 overdraft limit– all for a $30 fee for each item we pay against an overdrawn account.
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 |
Standard Courtesy Pay* covers transactions including checks, electronic debits and automatic bill payments. For overdraft protection on your ATM and debit card transactions, Federal Regulations require you to personally ‘Opt-In’.
If you would not like to take advantage of this great service, you can easily Opt-Out with our form below. We also offer you the opportunity to lower your $500 Courtesy pay limit by using the Opt-Out form also.
TIPS
Remember: the limit daily for a Pin-based transaction using your Master Money Debit Card is $1,000. In other words any purchase or ATM withdrawal which requires the use of your PIN will not be able to surpass $1,000 for that day.
Your debit card can also be used for credit card type transactions where no PIN is necessary once you select “credit” at the Point Of Sale. The limit daily for this transaction is $2,500. It is recommended that you use this for most purchases if possible which will allow you to have more funds at your disposal for the day. This also includes any method of payment that requires your Debit Card number.
Maintaining a check register is an excellent way to balance your checking account. This allows you to record any withdrawals and deposits from the available amount keeping in mind what your new balance ought to be.
Making use of the Online Banking and Phone service is a great help in more ways than one. This allows you to find out what cleared the account. We encourage you to use this system to check balances as well. This way you can avoid that $1 fee charged each time there is a balance inquiry.
Opting in to Courtesy Pay. A service now offered by your credit union to alleviate the stress of incoming payments. We have automatically enrolled all our members, and incoming checks and other checking accounts debits will be covered up to $500. Opting in will also cover your every day debit card transactions up to $500 (including the minimal transaction fee of $30).