CBS The Early Show

Would a credit union be a better alternative for you?

The Early Show's financial contributor Vera Gibbons compares banks and credit unions.

Welcome to Our New Location!

We are excited to announce that our new state-of-the-art banking facility at 156 Spring Street in West Roxbury is OPEN. The response has been overwhelming as members stop by and see all the upgrades and new services available including:
 

   ● A Coin Counter – FREE for members
   ● A new deposit taking ATM machine that also dispenses postage stamps
   ● Ample parking
   ● A bike rack
   ● And more!

Plus, since Energy Credit Union is your member-owned financial institution, you know you will always receive the most competitive rates, fewest fees and the best personal service around!
 

Stop by and have a look around - we look forward to serving you!

Welcome to Our New Website!

We hope you find this new design user friendly and easy to navigate. Our new website will make it much easier to find information and get to the services that we provide to our members. For instance: you will now notice that the menus above help you find information about our services much more easily. Please hover your mouse over any of the buttons above to see the new drop-down menus. Please let us know how you like our new website and/or if you have any questions.

It Pays to be Familiar with New Tax Incentives

Are you familiar with all of the tax benefits for 2009? You should be; it can save you money at tax time. Health Coverage Tax Credits, Making Work Pay Tax Credit, and the new expanded First-Time Homebuyer Tax Credit are only a few. For more information, visit the IRS info center on The American Recovery and Reinvestment Act of 2009. Click here.
 

First-Time Homebuyer Credit Extended

Under the new law, passed November 6, first-time homebuyer credit has been expanded. Eligible taxpayers must buy or enter into a binding contract to buy a primary residence by April 30, 2010 and settle on the home by June 30, 2010. If you purchase the home in 2010, you can claim the credit on either your 2009 or 2010 tax return. For an IRS overview, click here, then be sure to check News release 2009-108.
 

Is it Time to Shop for a Mortgage?

Buying your first home or a new home? Seeking to refinance your existing mortgage? Energy CU has money to loan. We offer mortgages with competitive rates and various terms. Call our staff today to learn more about mortgage offerings and let us put together a mortgage that is right for you!
 

Security Starts @Home

Did you know that at least sixty-eight percent of identity theft occurs OFFline? Online banking offers more security than your paper trail. Monitor your accounts and debit cards through Energy@Home, our online banking service. With Energy@Home you can monitor your accounts easily and more frequently to quickly catch any fraudulent activity. Enjoy the convenience of banking any time online - FREE. Check account balances, view transaction history, pay bills, and transfer funds through Energy@Home, our free internet banking and bill payment service.

Demo Energy@Home today!
 

Tackle Second Semester with Some Peace of Mind.
 

Application processing for 2009-2010 is still available!

Energy Credit Union offers student loans to help you fill the funding gaps that federal aid can leave behind. By partnering with other credit unions to form Credit Union Student Choice, we are able to offer members lower cost financing options that will help you or a family member achieve your dream of a higher education. Our new loan product, designed with you in mind, offers lower loan rates, zero origination fees and more flexible repayment options. Click here for our total cost calculator, to learn more details about our student loan products, or apply online! Or call our Student Choice line at (866) 241-2118.
 

Report of Recent Debit Card Phishing Scam

If you receive an email or other notice informing you that your debit card has been "locked" and you are directed to make a phone call to "unlock" your card, DO NOT call the number provided.

Call Energy CU immediately at (617) 325-1999.
 

5.49% APR* Home Equity Loan!
 

For whatever life throws at you. To apply for a loan, please call, apply online, or visit us.

*APR is Annual Percentage Rate. Rates are subject to change without notice. Repayment amounts vary depending upon the term. These payment examples are for the maximum term. Home equity loan: The cost of $1,000 borrowed for 10 years at 5.49% is $10.85 per month.
 

Get a Free, Quick Quote on Auto & Property Insurance

Through MEMBERS Financial Network, we offer access to auto and property insurance with Liberty Mutual. For more information or to obtain a free quick quote online, visit My Financial Center.
 

Your Savings are Safe with ECU
 

Increased Share Insurance - $250,000

Your savings are safe with us. As in the case of all credit union accounts, the amount on deposit is fully insured up to the legal limitations. Share accounts in federally insured credit unions are insured up to the Standard Maximum Share Insurance Amount (SMSIA) of $250,000. IRA accounts are insured separately up to $250,000. ECU also provides members with an extra layer of deposit insurance through the Massachusetts Share Insurance Corporation (MSIC). The result is insurance coverage of up to $600,000 for a Single Account and up to $1,200,000 for a Joint Account.

If you have any questions about share insurance, read the NCUA brochure on Share Insurance, use the NCUA handy Share Insurance Calculator, visit the NCUA website and download "Share Insurance and You" or call us at (617) 325-1999.
 

Don't Be a Victim of E-Mail Scams

Beware of e-mail messages that appear to be from corporations or even government agencies. These "phishing" attempts are a favorite tool for online crooks. The e-mail messages direct users to fraudulent Web sites designed to gain their personal information, account number and PIN. Energy Credit Union will NEVER ask members to supply personal information to Energy Credit Union or any agencies associated with us. Please contact us to report suspicious e-mails.