Rome Federal Credit Union

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Rome Federal Credit Union
937 Seneca Street
Rome, NY 13440
Phone: (315) 339-1658
Fax: (315) 339-0304

Deposits Products

Savings (Share) Accounts

A minimum of $25.00 is required to open the account. This is an interest bearing account. All dividends are compounded monthly and paid monthly. Dividends are paid on all balances over $50.00.

Checking (Share Draft) Accounts

Free Checking is available along with our Free Debit Card. This account is non-interest bearing and there is no minimum balance required. However accounts with an aggregative balance of $2,000.00 or direct deposit members earn one (1) free box of our basic checks every 12 months. Members in good standing have the option to receive Courtesy Pay after six (6) months of membership.

Christmas Club Accounts

An interest bearing account, set up through payroll deduction or over the counter deposits.

Christmas Clubs run through October 31.

CDs (Term Share Accounts)

Currently we offer several different terms, all require a minimum deposit of $1,000.00 Dividends are compounded monthly and paid monthly. There is a 90 day early withdrawal penalty.

Vacation Club Account

Need to set money aside to help you pay for your vacation, then this is just the account you need. You decide when and how much money you want to save and take it when ready for your vacation. Earns the same rate as the savings (share) account.

Money Market

Minimum balance of $2,000.00 required at all times, members are allowed up to three (3) withdrawals per month and each withdrawal must be a minimum of $250.00. Dividends are compounded monthly and paid monthly.

IRA Accounts

We offer the Traditional, Roth and Educational IRA. Many retirees directly roll their 401k into the RFCU IRA.

Loan Products

Vehicle Loans

Financing available for both new and used autos, including motorcycles and snowmobiles. Rates are based on individuals credit score. Rates are subject to change.

Unsecured Loans

Also known as signature loans, they are offered to members up an aggregative amount of $10,000.00 Aggregative.

Shared Secured Loans

Use your money here at the credit union to obtain a lower rate, no credit report needed. All funds secured will be held until maturity date of the loan.

Line of Credits

A revolving line of credit based on the individual member and their individual credit score. Up to $10,000.00 Aggregative.

Home Equity Loans

A fixed amount borrowed against the equity you have available in your home. Rates and available equity based on the individual member, appraisal amount, and credit score.

Credit Builder Loan

Help establish credit in your name, by paying yourself first. A portion of the loan proceeds will be held in a savings account until the maturity of the loan. Proceeds can also be set up into a Roth IRA.

Credit Repair Loan

Have bad credit due? This could be the type of loan you need. Credit Union philosophy "People Helping People". We will work with you and assist you in repairing your credit. Loan amounts and rates are based upon individual needs as each members needs and circumstances are unique.

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