The Port Washington Federal Credit Union (PWFCU) is federally insured. The current liquid savings account rate is: .65 percent.
This includes free online access, checking accounts and low-cost services, as well as youth accounts.
Because of its unique, pro-consumer business model, PWFCU returns profits to the account share holders (members), who automatically get the best locally available rates on savings and loan products.
Last year, in a trend reversal, people saved more than they spent. When North Shore residents opened their wallets, it was for home improvements and cars. This trend is expected to continue through next year.
The PWFCU staff assists residents to make intelligent financial decisions.
Phone calls are greeted, or returned in a friendly and professional way. While the office has parking, many choose to visit online.
Most join PWFCU for savings or lower loan rates, with a satisfaction rate of over 98 percent.
A benchmark was set in 1968 to serve the needs of this community.
This credit union welcomes those who live, work or worship in Port Washington, Manhasset, Roslyn, Great Neck and the employees of the Town of North Hempstead. Nonprofit organizations and small businesses add to the PWFCU’s blossoming roster.
For more information, call 516-883-3537 or go to www.pwfcu.org. The Port Washington Federal Credit Union is located at 157 Main St.
—Submitted by PWFCU