FASNY Federal Credit Union joins CU First Responders Finance

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News Release

Albany, NY and Boca Raton, FL – CU First Responders Finance (CUFR) is excited to welcome FASNY Federal Credit Union to our Referral Credit Union program. FASNY currently offers a full scope of business services to New York State fire departments and associations. With CUFR’s collaboration of first responder credit unions, FASNY will expand their offerings to other first responder businesses.

“FinanceResponders.com provides the avenue for first responder credit unions to originate commercial real estate, apparatus, equipment and other business loans throughout New York State. By collaborating, these FASNY referred loans will generate non-interest income and strengthen credit union relationships.” said Murray Halperin, Managing Member of CUFR.

The referring credit union gets business loans on their books and the lead lender earns points and a portion of quality loans. Additionally, there is an opportunity to sell a portion of the loan back to the referring credit union.

FASNY Federal Credit Union, founded in 2003, offers personal and business banking services to members of the Firemen’s Association of the State of New York (FASNY), National Volunteer Fire Council (NVFC), and Ladies Auxiliary of the Firemen’s Association of the State of New York (LAFASNY). In addition to the members themselves, services are extended to their spouses and immediate family, and volunteers Membership information and current rates may be obtained by calling (518) 434-3728 or by visiting fasnycu.com.

CU First Responder Finance is a partnership between the National Council of Firefighter Credit Unions and Biz Lending & Insurance Center, Inc. Our mission is to develop commercial real estate marketing and business lending programs specifically designed for first responder credit unions.  For more information call (561) 393-3770 or visit financeresponders.com.

Contact: Murray Halperin, Managing Member, CUFR (561)393-3770 murrayh@financeresponders.com
Christina Devaney, Credit Union Manger, FASNY Federal Credit Union (866) 327-6928 cdevaney@fasnycu.com

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