News & Announcements

Holiday Closing

All First New England Branches will be closed on Monday, September 6th in observance of Labor Day.

Please feel free to call into our Call 24 System or log into homebanking for up to date account information. 

Have a safe and happy holiday. 

Sell-A-Thon Used Auto Sales Event September 1-6, 2010

Great Vehicles.  Great Prices.  Available Now!

First New England has partnered with Enterprise to offer  special deals on used vehicles with rates as low as 4.25% APR.**  Drive by our East Hartford Branch to view our Vehicle of the week.  You can also check out more Enterpise auto deals at www.cuautodeals.com.

Act between September 1-6, 2010 and Enterprise will give you Blue Book Trade-In Value on your vehicle, plus $1000* upon a used vehicle purchase from Enterprise Car Sales.

Apply for an Auto Loan through homebanking today or for questions contact our Member Relationship Team at 860-282-0001. 

*Trade-in values obrtained from 2010 Kelley Blue Book Co.,'s website KBB.com.  Blue Booko Trade-in value is based on accurate condition rating and mileage of vehicle.  Accurately appraising the condition of the vehicle is an important aspect of determining its Blue Book Trade-In Value.  If a Blue Book Trade-In value is not available for your vehicle Enterprise will provide a fair and competitive value for customer's vehicle.  Additional trade-in value of $1000 is not available on vehicles other than used passenger vehicles or light duty trucks, vehicles without a Blue Book Trade-In Value or when Enterprise vehicle is not purchased.  Customer is responsible to any extent vehicle pay-off exceeds Enterprise offer.  Customer must provide required proof of ownership/registration and all other necessary paperwork to transfer title.  Restrictions apply.  For details, see an Enterprise Car Sales Manager.  Offer void where prohibited.  Cannot be combined with any othe roffer.  Offer valid 9/1/10-9/6/10.  **Annual Percentage Rate.  Rate quoted is 24month term as of 9/1/10.  Rates above are based on 80% LTV Auto Loans. Vehicles over 80% LTV will require GAP insurance. Other rates and terms offered on all vehicle loans

Get a Free Copy of your Credit Report and Score

Through our Credit Score Enhancement program* we have partnered with Trans Union credit bureau and trained select staff members to provide you helpful advice on how to repair your credit which will improve your credit score.

When you take advantage of our Credit Score Enhancement Consultations you receive:

• Your Personal Credit Score
• Written and verbal advice on how to improve your Credit Score from Transunion
• Automated Home Valuations (based on comparable sales data)
• Auto Pricing Reports

To participate in our credit score enhancement program, simply complete the short online Score Enhancement Form or call one of our Member Relationship Specialists 860 282-0001. Get credit score help today!

Did You Know? When you become a Relationship Account Member over 60% of your fees are waived and you receive FREE quarterly credit score updates? Open a Relationship Account today!

*The first request is FREE. Thereafter a standard $5 fee applies for relationship accounts and $15 for non relationship accounts. Fees may be waived during promotional periods at our sole discretion.

Skip a Loan Payment For Some Extra CASH!

The Back to School rush is an exciting time and can also become quite expensive.  Fortunately, First New England Federal Credit Union has a special Skip-A-Payment plan designed to put cash in your wallet, just when you need it most.

Skip-A-Payment is simple and convenient. Just let us know which qualifying First New England loan payment(s) you would like to skip, then keep the money instead. No hassles, no delays, no need to take out a new loan!

Skip-A-Payment applies to all loans except real estate loans, line of credit loans or credit cards. The cost to skip a payment is $15 for Relationship Account Members and $25 for General Members.Your skipped payment will be added to the end of your loan term, and normal interest charges will continue to accumulate.

Simply let us know 15 days before your loan payment is due by completing our skip a payment form or contact our lending department at lending@firstnewengland.org.

Skip a pay feature is available to members who have established a six-month payment history and are not past due on any loan and are not currently negative on any share with FNEFCU.  Interest will continue to accumulate on your loan during the month you skip your payment and your loan maturity will be extended when payment is deferred. All terms and conditions remain the same.  The cost to skip a payment is $25 ($15 to Relationship Account members & Employees) and will be collected from a share account, not added to the loan amount.  Exclusions to program include:  Mortgages, Credit Cards, HELOC, and Line-of-Credit loans.

There's Still Time to Opt in!

Have you recently had transactions rejected by a merchant or ATM?

Courtesy Pay can cover these if you Opt In Today!

Our Courtesy Pay service allows us to pay your overdrafts for not only checks but also other everyday debit and ATM transactions made using your checking account.  Effective August 15, we will be required to decline these everyday debit and ATM transactions when your balance is not sufficient. 

Therefore, if you want us to authorize and pay overdrafts on ATM and every day debit card transactions as we do now, please click here .

The Window of Opportunity is Open to Refinance!

Whether you are looking to lower your rate, consolidate debts or pull cash from your home, the window of opportunity created by low Mortgage rates, may not be open much longer. 

You might want to refinance if:

• You have an adjustable rate mortgage, and your rate has increased or will increase soon
• You have improved your credit score, and you may qualify for a lower rate
• You want to save on finance charges by shortening your mortgage term
• You’d like to lower your monthly payment by lengthening your mortgage term

Let us show you how to lock in a low rate by taking advantage of the low rate opportunities available in today's mortgage market.  Apply online and complete our Streamlined Mortgage Application or contact a member of our Relationship Team at 860-282-0001 / fnerelationshipteam@fnefcu.org.

Still not sure if you should refinance?  Our mortgage professionals will be happy to sit down and answer your questions, so you can make a truly informed decision. We will help you find the right loan to meet your needs, with the best possible rate and terms.

*APR= Annual Percentage Rate is 4.15%  Rates shown valid on a 15 Year Fixed Rate Mortgage with 2 points. Rates quotes as of 09/01/10. Rates subject to change.

Wake up to a second chance! (checking that is)

Enjoy all the convenience that a checking account provides.