New “Money Market Plus” Account Now Available at 1166 FCU
1166 Federal Credit Union has officially launched its new money market product, “Money Market Plus,” now available to new and existing credit union members. Federally insured by NCUA, this high-yield account offers flexible access to funds as they grow. The Money Market Plus account features include: 3.00% Annual Percentage Yield (APY*) 2 free withdrawals monthly** […]
Read More....SEG Partnerships: A Win-Win for Your Team and Your Bottom Line
A recent survey report on employee benefits trends notes that companies are seeking to deliver more value even as they manage budget constraints. In the article, the WCW consultants note, “With rising costs, economic instability, and employees demanding more support and personalization, organizations must transform how they think about benefits. Yet, this isn’t a story […]
Read More....New Exclusive Perks for Employees of Select Employer Group Partners
1166 Federal Credit Union is excited to announce the launch of its revamped Select Employer Group (SEG) Partnership, designed to strengthen the credit union’s relationship with local businesses and their teams by offering exclusive financial benefits for partner employees. Founded in 1936 to serve the financial needs of Mobil research employees, 1166 FCU has a […]
Read More....Is Investing in a Condo a Good Idea?
Who’s that knocking at the door? It might just be your next big investment: a condo. Whether you’re a first-time buyer, aspiring landlord, or ready to downsize, a condo could be the real estate investing opportunity you’ve been searching for. In this blog, we’ll get comfy with condos, discover the pros and cons, and explore […]
Read More....1166 FCU Welcomes New Manager Michael DiPlacido
1166 Federal Credit Union is pleased to announce Michael DiPlacido as its new manager, effective May 1, 2025, succeeding the retirement of Annemarie Shinn, who faithfully served members for nearly 23 years. DiPlacido brings a wealth of experience in finance and real estate, having spent 11 years as Vice President of Mortgage Lending and Senior […]
Read More....Top Home Improvements to Boost Equity and Maximize ROI
May is National Home Improvement Month, and we’re nailing down home improvements with the biggest bang for your buck, boosting your home’s equity, curb appeal, and even your return on investments. After all, what’s better than a dream kitchen that also increases your home’s value? “Nothing!” the crowd cheers. Home Equity Recap Home equity is […]
Read More....1166 FCU Supports the 8th Annual RJ Amandeo Memorial Golf Outing
1166 Federal Credit Union (1166 FCU) is pleased to serve as a sponsor of the RJ Amandeo Memorial Golf Outing as part of Williamstown High School Golf Team’s “Scramble for a Cure” Golf Tournament. In 2016, Williamstown, New Jersey, lost RJ Amendeo, a beloved resident and passionate community contributor, to cancer. As the father of […]
Read More....Scams are Getting Smarter – Are You?
Gone are the days when scams were easily detectable and avoidable. While many pride themselves on their capability to detect and avoid these dangerous schemes, data shows that scammers exploit this overconfidence, using ever-advancing techniques to trick their typical elderly targets and younger digital natives. One Citi survey found that 90% of U.S. adults believe […]
Read More....1166 FCU Donates Financial Education Tools to Special Needs Class
1166 Federal Credit Union (1166 FCU) recently donated financial education tools & workbooks to a Clearview Regional High School special needs class to advance its students’ financial literacy. As Clearview special education teacher Kathleen Firkser sought financial education materials to equip her class for real-world money management scenarios, she reached out to 1166 FCU. “We’re […]
Read More....Intro To Mortgages
Move over, March Madness! It’s time for March Mortgages! As you craft your winning basketball bracket, practice your knowledge of game-changing mortgage options to help you find your homebuying champion! What is a Mortgage? A mortgage is a loan agreement between an individual and a lender over the purchase of property, typically a home, secured […]
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