RPIEFCU Newsletter
April 2014 (Vol. 36 No. 2)

Dividend Declared

The Board of Directors has authorized a dividend of 0.25%, 0.2502% APY, for all share balances for the quarter ending March 31, 2014.

Competitive Loan Rates

Spring is here and it is an excellent time to consider the many things you could or should be doing. If they require a few extra dollars up front, the Credit Union may be able to help.

We have the very popular Seasonal Special Loan, up to $1,500 for 12 months at 7%, and the equally popular Manager’s Special Loan, up to $3,000 for up to 18 months at just 7% to 8%!  (Not everyone will qualify for the lower rate.)  These loans are ideal for:

  • Debt consolidation. Get out from under all those expensive monthly credit card bills.  Reduce your interest rate and lower your monthly payment.
  • Home Improvement:  Time to preprare for the warm weather.
  • Vacation.  A few extra funds may be just the thing you need to take that vacation you have been waiting for.

Be sure to look over our rates on vehicle loans, too. Some of the interest rates quoted at the car dealers may sound too good to be true.  That is because they are.  Consider negotiating the sale price for the car without special dealer-financing, and you may find the bottom-line cost less with the loan through us. Vehicle rates as low as 1.99%!!

(All credit applications incur a $10.00 pass-through charge for processing a credit report.)

Supervisory Committee

As a member of the RPI Employees Federal Credit Union you have a right to contact the Supervisory Committee of the Board at any time with questions or concerns by emailing CU-Supervisory@lists.rpi.edu

Membership Update

If you know anyone who is interested in joining the credit union please have them stop by the office.   If you are a member, consider running for the Board.

Remember if you move and your address changes please contact the credit union so we can update your record. That includes home or office addresses.

Office Closings

The office will be closed on the following day:
May 26th - Memorial Day


If you have suggestions or if there is other information you would like to see in the newsletter contact Sandi Butcher,redems@rpi.edu we are always looking for articles for the newsletter.


Contact us

  • (518) 276-6593
  • (518) 276-6715 fax
  • 313 West Hall, RPI
    110 8th Street
    Troy NY 12180-3590
  • Email


  • 9:00am-2:30pm
    (Wed: 11:30-2:30pm)
  • Exceptions:
  • 05/26 - Memorial Day



Member Institutions

National Credit Union Administration

All Rights Reserved. RPI Employees' Federal Credit Union
Chartered and serving the Capital District since 1978.