New Jersey Saves Week Participating Financial Institutions

 

The following financial institutions have made low-balance savings accounts, with no or low fees, available to New Jersey residents who participate in America Saves and show proof of participation with a certificate from a New Jersey Saves Week program or e-mail from www.AmericaSaves.org.

 
Andrews Federal Credit Union
5711 Allentown Road, Suitland, MD 20746
Number of Branches: 14
Phone: 301-702-5476
Fax: 301-702-5330
Email: scurren@andrewsfcu.org
Website: www.andrewsfcu.org
Services Available:

Account can be opened with a minimum balance of $5.  The account earns dividends (interest) on balances $25 and over Low balance fees are waived for the first 12 months.

Andrews Federal Credit Union maintains three locations in the New Jersey area - Burlington, Wrightstown and McGuire AFB. We will be holding a financial seminar next week on McGuire AFB entitled "10 Steps to Financial Success" in conjunction with the America Saves Week. We will also have an advertising campaign geared toward America Saves.
 
Atlantic Federal Credit Union
37 Market Street, Kenilworth, NJ 07033
Number of Branches: 3 (Kenilworth, Newark, Elizabeth)
Phone: 1-800-222-1329
Fax: 908-245-0680
Email: msmall@atlfedcu.com
Company Website: www.atlfedcu.com
Services Available:

Savings Accounts with $25 minimum balance. Holiday and Vacation Clubs with no minimum balance. CDs with $250 minimum balance. IRA accounts with $250 minimum balance. Other services available include: Money Market Accounts, Free Checking, Debit Cards, Vehicle Loans, Personal Loans, Student Loans and Real Estate Loans.

Atlantic Federal Credit Union is a not-for-profit credit union. Membership is open to anyone who lives, works, volunteers, worships, attends school or regularly does business in Newark, N.J. Also eligible for membership are employees (and their immediate families) who work for one of the more than 300 companies and organizations who are affiliated with us. Call or visit our website for listing.
 
Citibank N.A.
588 Rt. 70 East, Brick NJ, 08723
Number_of_Branches: 1
Contact Name: Deborah Stone
Phone: 732 864-3070
Fax: 732 864-2103
Email: Deborah.Stone@citigroup.com
Company Website: www.citibank.com
Services Available:

Youth saver accounts (custodial UTMA accounts)
Money Market Accounts
Day to Day Savings accounts
CD's
College Student Accounts
- And -
Complimentary "citipro" financial analysis done by appointment
 
Investors Savings Bank
101 JFK Parkway, Short Hills, NJ 07078
Contact Person: Ada Melendez, First Vice President and CRA Officer, amelendez@isbnj.com 
Phone Number: 973-924-5172
Web Site: www.isbnj.com
Number of NJ Branches: 47 and Corporate Office
Account Terms: Investors Savings Bank offers four different types of savings accounts with low fees and balance requirements. One example is the Money Market Savings Account that requires $50 to open with a variable interest rate that is compounded daily and credited monthly. Matched savings accounts for income-eligible first time homebuyers and Piggy Bank (children’s) savings accounts are also available.
 
H&R BLOCK
1700 Madison Ave, Lakewood, 08701
Number of Branches: 13
Contact Name: Margaret Cappiello
Phone: 732-364-7289
Fax: 732-367-5535
Email: margaret.capiello@hrblock.com
Comments:
Tax Financial and Business Services
 
Lakewood Community Federal Credit Union
23 6th Street, Lakewood, NJ 08701
Contact Person: George W. Wyatt, CEO mrgwyatt@att.net 
Address: 3 Industrial Ct. Suite #6
Freehold, NJ 07728
Phone Number: 732-683-9200
Web Site: www.lakewoodcommunityfcu.com
Number of NJ Branches: 2 in Lakewood, NJ
Account Terms:
Services Available: Loans, CD's, Direct Deposit, Debit/Credit Seminars
Type of Accounts: Share and Checking Accounts
Terms of Accounts: Minimum balance of $30.00 to open account
Click here for more information
 

Magyar Bank

400 Somerset Street, New Brunswick, NJ 08901

Contact Person: Frank Lankey, Community Relations Department, flankey@magbank.com

Phone Number: 732-432-7600 x166

Web Site: www.magbank.com

Number of NJ Branches: 4 (New Brunswick, North Brunswick, South Brunswick, Branchburg)

Account Terms: Free statement savings account with a minimum balance of $10 to open an account and an interest rate of 1.49% and an APY of 1.50% if the account balance goes over $100.  Interest is compounded monthly and an unlimited number of monthly deposits and withdrawals are allowed.
 
Millington Savings Bank
1902 Long Hill Road, Millington, New Jersey, 07946
Number of Branches: 4
Phone: 908-647-4000
Fax: 908-647-6196
Email: sschumann@millingtonsb.com
Company Website: www.millingtonsb.com
Services Available:

During the week of Feburary 24th to March 2, 2008 every Opportunity Savings Account opened up in any branch office of Millington Savings Bank, by anyone from newborn to 18 years old, will have an extra $10.00 deposited into their account courtesy of Millington Savings Bank.

With this bonus we hope to encourage all children and their parents to start saving for their future and hopefully show them how easy it is to make that commitment of depositing into their account on a monthly basis.  Also being a statement savings account it encourages children and young adults to maintain their statements and record their deposits.

 
PNC Bank
1140 Raymond Blvd., Newark, NJ 07101
Number of Branches: 60 Participating
Contact Person: Artie Collins, artie.collins@pnc.com
Company Website: www.pnc.com
Phone: 973-639-7117
Fax: 9736397123
Services Available:

PNC Offers for NJ Jersey Saves

1. A PNC Bank Statement Savings Account, with no average monthly balance requirement for the first year.*1

Other features include:
• Free 24 hour PNC Telephone Banking and Online Banking to easily keep track of your account transactions and balance growth
• Free sign up to receive your periodic statement conveniently online
• Unlimited customer service at any PNC Bank Branch or via our toll-free customer service lines: 1-888-PNC-BANK and 1-866-HOLA-PNC (Spanish Language)
• Free sign up for automatic transfers from a PNC checking to your PNC savings account

2. Free, PNC Bank Foundations of Money Management Class to learn the ins-and-outs of good money management, including how to manage a household budget.

3. We also offer our PNC Foundation Checking Account with no minimum balance requirement:*2

• No minimum balance or monthly service charge
• Unlimited check writing and deposits, customer service, Telephone Banking, and Online Banking
• A free PNC Bank Check Card
• And to help you manage your money, there are:
-Pre-set limits on ATM withdrawals of $100 per day
-Pre-set Point of sale limits on Debit card transactions of $100 per day (includes all purchases at all retail locations)
-Money Orders for 49 cents each

*1 At the end of the 1 year Offer Period (12 Service Charge Cycles) our standard, non-promotional pricing will apply. Please see our Consumer Schedule of Charges and Fees for Pricing after the Offer Period expires.

*2 For qualifying applicants. Foundations of Money Management class may be required prior to account opening.

60 PNC Branches participating throughout New Jersey

 
Primerica Financial Services
1845 Satellite Blvd., Suite 700, Willingboro, NJ 08046
Contact Person: Wendy Waltson
Phone: 609-670-0105
Fax: 866-736-5759
Email: WNWALST@AOL.COM
Company website: WWW.PRIMERICA.COM/WENDYWALSTON
Services Available:

IRA'S, EMERGENCY FUNDS and ESA'S (educational savings accounts) all can be started with as little as $25 a month. 401k's, 403b's and Annuities. Withdrawals by mail, telephone or automatic withdrawal plans available. Life Insurance, Long Term Care, Refinance Loans, Home Purchase Loans, Debt Consoladations and Debt Accelleration programs. Auto and Home Owners.

Servicing: Burlington County, Camden County and Gloucester County Offering: FREE personalized (FNA) Financial Needs Analysis, FREE in Home (kitchen table) appointments with a Personal Licensed Representative.
 
RCG Mortgage Solutions, LLC
26 Park Street, Suite 2060, Montclair, NJ 07042
Contact Person: Sonja Garlin
Phone: 973-233-1116
Fax: 973-233-1236
Email: sgarlin@rcgmtg.com
Company Website: www.rcgmtg.loandiscovery.com
We are a licensed Mortgage Broker. We are members of NJFLAN
 
United Teletech Financial Federal Credit Union
205 Hance Avenue, Tinton Falls, NJ 07724
Number of Branches: 4 (Tinton Falls, North Brunswick, Holmdel, Neptune)
Phone: 732-530-8100
Fax: 732-530-2027
Company Website: www.utfinancial.org
Services Available:

Our U-Saver Club Savings Account is specifically designed to help you systematically save! Here’s what it includes:

-Better-than-market interest rate
-Systematic deposits that help you build your balance
-FREE annual financial checkup with our trained staff
-No limit on in-branch withdrawals
-No fees if you stick with the plan

We also offer a range of certificates, money market accounts and checking accounts. Please contact us for more information and complete details.

United Teletech Financial is a not-for-profit financial cooperative serving our members and their families since 1967. Originally chartered to serve the needs of Bell Labs employees, membership to United Teletech Financial is now open to any person who lives, works, worships, attends school or volunteers in Monmouth and Ocean counties and portions of central Middlesex County.
 

The following members of the New Jersey Coalition for Financial Education companies support NJ SAVES
Allies, Inc.
American Credit Alliance, Inc.  
BNY Mortgage
Centers for Financial Education, a division of MMI
Citigroup
Consumer Credit Counseling Services
Consumer Credit Counseling Service of Delaware Valley
CreditWorthy - A Non-profit education organization
Cuban American National Council
Federal Deposit Insurance Corporation
Federal Reserve Bank of Philadelphia  
Federal Reserve System
Felt Financial Group   

Financial Planning Association of New Jersey (FPA-NJ)

Heritage Bank
Housing Partnership of Morris Count
Investors Savings Bank
Internal Revenue Service
Junior Achievement of New Jersey
Lighthouse Credit Foundation
Members United Corporate Federal Credit Union  
Money Management International (MMI)
Newark Asset Building Coalition - Growing Partnershpis to Strengthen Newark Families
NJ Association of Family and Consumer Sciences  
NJ Department of Banking and Insurance 
NJ Department of Community Affairs 
NJ Department of Education
NJ Division of Pensions and Benefits
NJ Education Association
NJ Financial Literacy Awareness Network    
NJ Higher Education Assistance Authority
NJ League of Community Bankers 
NJ School-Age Care Coalition
NJ Society of Certified Public Accountants
Novadebt
Retirement Solutions Foundation
Rutgers Cooperative Extension

Susquehanna Patriot Bank

The Provident Bank
Youth Consultation Service
Wise - Working in Support of Education

 

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