First Time Auto Buyers Program - Hudson River Financial Federal

Spring 2015
First Time
Auto Buyers
Program
Are you ready to buy your first car?
If so, we can help with our First Time Auto Buyer Program.
This loan program is designed for those who have little to no credit and are ready to
embark on the purchase of their first automobile. This loan comes with low rates, manageable terms
and is an excellent way to establish a credit history.
Here’s what you will need to know …
•
•
•
•
Must be 18 years or older
Must be employed for a minimum of one year or have
a qualified co-signer
Have not financed an auto loan in your name before
No derogatory credit history
•
•
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Maximum loan amount is $18,000
Debt to income ratio not to exceed 40%
Maximum loan to value is 90% with a minimum of
10% cash down. Minimum cash down requirement is
not required when a qualified co-signer is provided.
Any student
who is approved and has a
cumulative GPA of 3.00
or higher will receive .50% off
their rate*.
*must be a current high school or college student. Unofficial transcript must be submitted
during the application process.
All loans are subject to credit approval. Rates are based on your credit history, term and age of
vehicle. Must meet eligibility requirements to join. Rates & terms are subject to change.
HUDSON RIVER TEACHERS
FEDERAL CREDIT UNION
Helps Local Students
PAY FOR COLLEGE
Hudson River Teachers Federal Credit Union has
introduced a NEW alternative student loan program,
that helps students fill the funding gaps that federal
aid can leave behind. Unlike other alternative loan
products, Hudson River Teachers Student Choice
private loan solution offers significantly lower rates,
zero origination fees and more flexible repayment terms.
In Memoriam
“As a not-for-profit credit union serving over 29 school
districts in Westchester and Rockland Counties, we have the
unique ability to design products that are truly in best interest
of the student and their family,” said Chris Powers Director of
Helen H. Lindsey, Credit Union Board Member and Board
Lending. In addition to student loans, the credit union offers
TREASURER, passed away on January 6, 2015. Helen spent her
fi
nancial
management resources for young adults and a full-range
career as a Home Economics teacher. Helen spent many years
of
products
and
services to help develop and maintain good financial
at Hendrick Hudson High School. Helen was an active and
habits.
Free
checking,
thousands of surcharge-free ATMs, first time car
passionate member of the local Peekskill Garden Club;
loans
and
free
online
banking
and bill pay are just a few of the services
she loved flowers and gardening. Her late Husband
available to our members.
Merritt Lindsey was the former Principal at
Lakeland High School.
Helen is survived by her son, Lawrence B.
Lindsey, PhD; a former member of the
Board of Governors of the Federal
Reserve System; her three
grandchildren Troy,Emily and
Tommy, as well as her sister,
Bitsey; she will be missed
by her many friends in the
Hudson River Teachers
Federal Credit
Union Community.
Hudson River Teachers Federal Credit Union has over 6,000 members and over
$45 million in assets. Membership is open to the communities that we serve. To find
out more about becoming a member or applying for a Credit Union Student Choice
loan, visit www.hudsonriverteachers.org or call 914-526-4015.
ATTENTION HIGH
SCHOOL SENIORS:
HAROLD E. GLOFF
SCHOLARSHIP
Deadline May 15TH
Join us for a
Home Buyer’s Seminar
Thursday, April 16th at 6:00 p.m.
3563 Mohegan Avenue
Mohegan Lake, NY 10514
Sponsored by Hudson River Teachers
Federal Credit Union
Our Mortgage Professionals will answer
any of your questions.
Limited seating.
RSVP by Apr. 13, 2015 to Chris Powers at
cpowers@hudsonriverteachers.org
or (914) 526-4015 ext. 14
Refreshments
will be served.
Scholarship applications for the Harold E. Gloff Scholarship
are now available to prospective students who would like to be
considered for a $1,000 HRTFCU scholarship. We are very excited
about the success of our scholarship program and very pleased
to be awarding, once again, two $1,000 scholarships for the 20142015 school year. Applicants may pick up an application packet
at the credit union’s office or a packet can be downloaded at
www.hudsonriverteachers.org.
Applicants must be:
• A primary member of the credit union.
• A graduating high school senior accepted as a full-time
student at an accredited two or four Year College or
university.
• Not related to a HRTFCU employee, Board member or
Supervisory committee member.
Scholarship selections are
based on financial need,
academic achievement,
extra-curricular activities,
community service, written
essay and personal goals. To
be considered, applications
must be postmarked no later
than Friday, May 15, 2015.
Scholarship recipients will be
notified by telephone or mail
on or before June 12, 2015.
You can find the Scholarship
packet at our homepage at
www.hudsonriverteachers.
org or call 914-526-4015
and we will send it to
you in the mail.
Contact Us
Web Site
www.hudsonriverteachers.org
TellerPhone
(914) 526-4015 option 6
Locations & Hours
3563 Mohegan Avenue
Mohegan Lake, N.Y. 10547
Phone: (914) 526-4015
Fax: (914) 526-4209
AVISO A LOS ESTUDIANTES DE ESCUELAS
SUPERIORES (HIGH SCHOOL SENIORS)
La fecha limite para inscribirse en la beca
Harold E. Gloff es Mayo 15th
La planillas para solicitar la Beca Haold E. Gloff ya estan disponibles que
estudiantes que deseen ser considerados par una beca de $1,000 HRTFCU.
Estamos muy entusiasmados por el éxito de nuestro programa de becas y por
ello, una vez mas, ofrecemos des de $1,000 para el curso escolar 2014-2015.
Call Center Hours
Los aspirantes pueden recoger el paquete de planillas en la oficina de la credit
union o pueden bajarlo del internet en www.hudsonriverteachers.org. También
pueden pedirlo llamando al 914-526-4015.
Lobby Hours
Los aspirantes deben ser:
•
Miembros primarios de la credit union.
•
Graduados de escuelas superiores y acceptados como estudiantes de
tiempo completo en un acreditado college o universidad.
•
No parientes de un empleado de HRTFCU, de un miembro del Board, ni de
un miembro del Supervisory committee.
Monday-Friday
9:00 a.m. – 5:00 p.m.
Monday – Friday
9:00 a.m. – 5:00 p.m.
Saturday
9:00 a.m. – 12:00 noon
Board of Directors
Roland H. Faucher, Sr
President/Chairman of the Board
Evelyn E. Fornges
Vice President/Secretary
Diana Roda
Director/Chair,
Supervisory Committee
Joan Franich
Treasurer
Brian Hugick
Director
Management
Thomas J. Powers, Jr.
Chief Executive Officer
Paris Aranguiz
Chief Financial Officer
Chris Powers
Director of Lending
Holiday Closings
Saturday, May 23 &
Monday, May 25, 2015
Memorial Day
Friday, July 3 &
Saturday, July 4, 2015
Independence Day
La selección de las becas esta basada en necesidades financieras, éxitos
academicos, actividades superiores a la del plan de estudio, servicios a la
comunidad, redacción y metas profesionales.
Los sobres conteniendo las planillas deben aparecer marcados por la oficina
de correos no mas tarde del Viernes, Mayo 15, 2015, de lo contrario no serán
consideradas. Los ganadores de las becas serán noticiados, por teléfono o por
correo, no mas tardes de Junio 12, 2015.
Recuerden que pueden recoger el paquete de planillas en la oficina de la credit
union, o bajarlo del internet en www.hudsonriverteachers.org, o solicitarlo por
correo llamando al telefono 914-526-4015.