Savings & Club Accounts
At NY TEAM, our accounts offer special ways to save you valuable time and money while making the task of managing your daily finances more hassle-free than ever. Open an account is easy.
Achieving your goals is easier with our range of savings accounts, tailored to meet your unique needs.
NY TEAM benefits to fit your life and goals
Access your money and accounts almost anywhere with app
Set up monthly direct deposits, payroll allocations or automatic transfers and grow your savings.
Insured by NCUA
Safe, secure way to save.
Add another account easily!
Adding another account to your Membership is easy if you already have a share account.
More Ways to Help You Build Your Savings
We’re big believers in helping our members develop healthy savings habits. So, in addition to offering regular savings accounts, we also offer a variety of other money-wise options
NY TEAM Federal Credit Union is a financial cooperative owned and operated by its members. Our primary goal is to help our members achieve lifelong financial well-being to lead happy and fulfilling lives.
When you join NY TEAM Federal Credit Union, you become a member and a shareholder, and we’ll also open a Share Savings account and deposit one share ($1) in your account. Unlike the big banks or other for-profit financial institutions, we invest our profits back into our members by providing better rates and low- to no fees.
We also offer free financial advice to anyone who wants to improve their financial situation. Our members have told us they feel seen, heard, informed, and supported to make more confident financial choices.
Membership is free and comes with great benefits. All you need to do to become a member is to open an account with us.
If your employer provides an HR portal for setting up direct deposit, you can input our routing number 2260-7612-2. If you need to know your Member Number, please call us at (516) 822-1070.
When you become a part of the NY TEAM, you become a member and a shareholder. The $1.00 deposit into your shares savings account represents your “share” in NY TEAM. As a member-owner, your voice matters, and you have a say in our decisions. In contrast, with other for-profit banks or fintech companies, you are just a customer who buys something or a client who receives a professional service in exchange for payment.
You are in good hands!
Rest assured that at NY TEAM Federal Credit Union, your funds are fully insured and protected by the National Credit Union Association (NCUA) for up to $250,000 per account holder and per ownership category. To confirm your coverage, simply use the NCUA share insurance estimator. In the unlikely event that there is any gap in your coverage, our Managers are always available to discuss options for expanding your protection.