Articles from Affinity Federal Credit Union

Affinity Federal Credit Union (“Affinity”) has opened a new branch location in White Plains, New York, expanding its ability to serve and connect with members in the area. The White Plains branch is large, easy to access, and centrally located, allowing Affinity to expand its reach in the local community.

Affinity Federal Credit Union (“Affinity”) announces the return of its Wellbeing Awards, an annual program recognizing individuals and organizations across New Jersey who demonstrate excellence in financial, community, and physical wellbeing. The initiative highlights the impactful efforts of local leaders and businesses who strengthen their communities through innovative and meaningful programs.

Affinity Federal Credit Union (“Affinity”) today announced a partnership with Greenlight ® Financial Technology, Inc. (“Greenlight”) to better serve families and help the next generation build healthy financial futures. Starting today, Affinity members will have free access to Greenlight’s award-winning family finance app, available through the Greenlight for Credit Unions program.

As families across the country gear up for the holiday season, new data aggregated by Affinity Federal Credit Union (“Affinity”) highlights the cost of holiday celebrations, travel, and gifting. The average American family can expect to spend an additional $2,749.42 on holiday expenses from Thanksgiving through New Year’s, covering hosting, travel, gifts, and seasonal activities.

Affinity Federal Credit Union (“Affinity”) is proud to announce the development of a cutting-edge translation tool within its Content Management System (CMS), Crownpeak, powered by OpenAI’s ChatGPT-4. The tool is designed to streamline the process of translating Affinity's website into multiple languages, starting with Spanish, ensuring that members and visitors can access a seamless online experience in their preferred language.

Affinity Federal Credit Union (“Affinity”) celebrated their third annual Impact Day on October 14, 2024. Affinity employees volunteered at non-profit organizations committed to enhancing wellbeing on the federal holiday when branches are closed. This year, over 320 employees dedicated their time, contributing nearly 1,000 total volunteer hours to support community wellbeing across New Jersey, New York, and Connecticut.

Affinity Federal Credit Union (“Affinity”) has appointed its latest class of Certified Wellbeing Coaches, adding 43 newly-certified coaches across its staff. The new coaches join the 42 individuals who graduated from the Affinity-led certificate program last December. With 85 total coaches, over 36 percent of Affinity’s front-line and support staff have now obtained the certification.

First Harvest Credit Union (“First Harvest”), Affinity Federal Credit Union (“Affinity”), and EdiFi Credit Union (“EdiFi”) have come together to launch the New Jersey Credit Unions Food Cooperative and have engaged 27 New Jersey credit unions to participate in the initiative and help address the growing hunger crisis in New Jersey. All participating credit unions and their select branches will serve as collection locations, allowing for broader geographic coverage across New Jersey, which will support dozens of food pantries and organizations throughout the state. The program runs from October 1 through November 8.

Affinity Federal Credit Union (“Affinity”) is excited to unveil a new suite of savings, checking, and debit card products designed to better serve its members and further differentiate itself within the financial institution landscape. This strategic initiative underscores Affinity’s commitment to providing innovative financial solutions tailored to the unique needs of its diverse member base.

Affinity Federal Credit Union (“Affinity”) is celebrating the opening of its new branch in Lawrenceville, New Jersey. The branch, located at 138 Franklin Corner Rd, officially opened in July and was celebrated with a ribbon cutting event on September 12th that hosted community businesses and organizations.

Affinity Federal Credit Union (“Affinity”), a member-based, federally insured, full-service financial institution, has been recognized on the Forbes list of “America’s Best Credit Unions in Each State,” earning second place in New Jersey and sixth place in New York for 2024.

Affinity Federal Credit Union (“Affinity”) recently hosted its annual President’s Invitational Golf Outing, raising over $200,000 for the Affinity Foundation (“Foundation”). The event, held on June 10, 2024, had 116 golfers joined by additional guests and 57 sponsors.

Affinity Federal Credit Union (“Affinity”) has announced the first-ever recipients of the Affinity Wellbeing Awards, an initiative that is aimed to spotlight excellence in financial, community, and physical wellbeing in New Jersey.

The average price of a Jersey Shore vacation in 2024 has risen by 7 percent according to research from Affinity Federal Credit Union (“Affinity”). While this increase is higher than the 4 percent uptick seen in 2023, it is notably lower than the substantial 16 percent surge between the 2021 and 2022 seasons.

Affinity Federal Credit Union (“Affinity”) and Affinity Foundation (“Foundation”), bring in non-profit leader Kelly Watts as the new Executive Director. With an extensive background in the nonprofit sector, Kelly brings comprehensive experience in development, communications, and leadership to her role at the Foundation.

Affinity Federal Credit Union (“Affinity”) proudly announces the graduation of its inaugural class of Certified Wellbeing Coaches. The program and its first graduates mark an important step in Affinity’s ongoing commitment to the financial wellbeing of its members.

Affinity Federal Credit Union (“Affinity”) has announced that 2024 is the inaugural year for the Affinity Wellbeing Awards, a new awards program that will highlight individuals and organizations in New Jersey that display excellence in three critical aspects of wellbeing: financial, community and physical. Affinity is a member-based, federally insured, full-service financial institution with a mission of improving the overall wellbeing of its members and the communities it serves.

Affinity Federal Credit Union (“Affinity”), a member-based, federally insured, full-service financial institution, is hosting its annual Member Appreciation Week from Nov. 6-10, 2023. This year’s celebration will focus on Affinity’s commitment to a holistic approach to wellbeing and providing support and services that positively impact all aspects of its members’ lives.

Affinity Federal Credit Union (“Affinity”) announces its partnership with Green Check, the leading fintech connector and technology and insights provider in the emerging cannabis banking market. This partnership allows Affinity to broaden its services and offerings to the legal cannabis-related business (“CRB”) segment of the communities it serves and provide a seamless, integrated platform for CRB transaction monitoring and movement of funds.

Affinity Federal Credit Union (“Affinity”) and its non-profit arm, The Affinity Foundation, are proud to announce its upcoming Impact Day on October 9, 2023. This day of service benefiting community organizations in 18 communities across the greater New Jersey, New York, and Connecticut area reflects Affinity’s year-round commitment to making a difference in the areas it serves, aligning with its philosophy of “people helping people” both inside and outside the walls of its branches.

Affinity Federal Credit Union (“Affinity”) is celebrating the grand opening of its new branch in River Edge, New Jersey, with a community celebration and ribbon-cutting ceremony on Wednesday, September 27, 2023 from 5:30 to 7:00 p.m. Located at 913 Kinderkamack Road, the branch opened on August 14 and reinforces Affinity’s longstanding commitment to supporting the financial wellbeing of its members and deepening its roots in Bergen County.

Financial strain is taking a toll on the residents of the tristate area, according to the latest Wellbeing and Your Wallet Index conducted by Affinity Federal Credit Union. The survey captures sentiment around the overall financial wellbeing of consumers, a cornerstone of the culture within Affinity’s communities.

Affinity Federal Credit Union (“Affinity”), a member-based, federally insured, full-service financial institution, has been recognized on the Forbes list of “America’s Best Credit Unions In Each State,” earning the top spot in the state of New York. Based on a consumer survey, the list recognizes the top credit unions state by state for their community-minded banking experience and commitment to offering more to their members than just banking services.

Affinity Federal Credit Union (“Affinity”) announces the addition of Tim Van Slooten as Vice President of Wealth Management. Tim will be responsible for the leadership, strategic direction, and resource stewardship of the credit union’s investment services program.

Affinity Federal Credit Union (“Affinity”) announces the addition of Heather Direnzo, Vice President of Contact Center Operations; Michael Oualid, Director of Product Management (CRM); and Odalis Tejada, Director of Infrastructure (Information Technologies).

Affinity Federal Credit Union (“Affinity”) is celebrating the grand opening of its new branch in Madison, New Jersey with a community celebration and ribbon cutting on Tuesday, June 13, 2023 from 5:30 to 7:30 p.m. Located at 18 Elmer Street, the branch opened in May 2023 and brings Affinity’s mission of enhancing the financial wellbeing of its members and the local communities to Madison.

Affinity Federal Credit Union (“Affinity”) announces the addition of John McHugh as the Chief Financial Officer. John will be responsible for overseeing the financial management and strategic planning of the credit union, ensuring compliance with regulations, driving financial strategy and providing financial leadership to support Affinity’s mission.

The price of a Jersey Shore vacation will cost families approximately 4% more in 2023 compared to last year, according to research from Affinity Federal Credit Union (“Affinity”). The increase generally aligns with overall inflation rates (4.9% in April 20231) and is considerably more muted than the 16% year-over-year (YOY) jump that occurred between the 2021 and 2022 summer seasons.

Affinity Federal Credit Union (“Affinity”) released findings from its latest Wellbeing and Your Wallet Index, capturing sentiment around the overall financial wellbeing of consumers, a cornerstone of the culture within Affinity’s community. The Index analyzed results from a 39-question survey completed by 3,086 adults in New Jersey, New York, Connecticut and Pennsylvania.

Affinity Federal Credit Union (“Affinity”) released findings from the debut installment of its Wellbeing and Your Wallet Index. The Index captures consumer sentiment around their overall financial wellbeing, a cornerstone of the culture within Affinity’s community, and analyzes results from a 42-question survey completed by 3,001 individuals in New Jersey, New York, Connecticut and Pennsylvania.

Affinity Federal Credit Union (“Affinity”) is marking a new stride in its ongoing commitment to improving its members’ financial wellbeing, announcing an increase of its SmartStart savings rates from 3.5% to 4% annual percentage yield (“APY”) on the first $10,000 in savings. Previously, the 3.5% APY applied to the first $5,000 in savings, extending the impact of the higher savings rate and better positioning Affinity SmartStart Savings account holders to increase savings and available cash more quickly. With 48,000 active SmartStart Savings accounts, this change will positively impact nearly a quarter of all Affinity members.

Affinity Federal Credit Union (“Affinity”), a member-based, federally insured, full-service financial institution, has been recognized on Buy Side from The Wall Street Journal’s Best Credit Unions List. The Affinity SmartStart Savings account is a high-yield savings account with no minimum balance requirement, zero fees with eStatements, and features a generous interest rate—significantly higher than the national average—for up to $5,000 in deposited funds, along with a satisfactory APY on the remaining balance.

Affinity Federal Credit Union (Affinity), the largest credit union headquartered in New Jersey, is pleased to continue their sponsorship of Rutgers Athletics. With this ongoing partnership, Affinity continues its mission of serving its members and their surrounding communities.

Affinity Federal Credit Union (Affinity), a member-based, federally insured, full-service financial institution, has appointed Kevin Brauer as its new Chief Executive Officer (CEO)/President. Brauer is the current Chief Administrative and Financial Officer at Affinity and will succeed the current CEO/President, John Fenton. Fenton has served as Affinity’s CEO for over 27 years and led the organization’s growth as the largest credit union headquartered in the state of New Jersey.1

Over 200 employees of Affinity Federal Credit Union (“Affinity”) and its non-profit arm, The Affinity Foundation, volunteered across two America’s Grow-a-Row farm locations in New Jersey to harvest 240,000 pounds of fresh local produce on Monday, October 10th.

Seton Hall University Athletics and Affinity Federal Credit Union (Affinity), a member-based, federally insured, full-service financial institution, announce their relationship, establishing Affinity as the official credit union of the University’s athletics program.

Affinity Federal Credit Union (“Affinity”) recently announced the increase of its SmartStart savings rates from 2.00% to 3.50% annual percentage yield (“APY”) on the first $5,000 and from 0.35% to 1.00% APY on all balances above $5,000. The new rate increase, which is 34 times higher than the national average, provides Affinity members a way to maximize their earning potential on their savings compared to traditional bank averages.

The price of a Jersey Shore vacation will cost families 16.6 percent more than last year, according to research from Affinity Federal Credit Union (“Affinity”). For the past year, Affinity has looked at quintessential Jersey Shore summer vacation activities and necessities to track cost changes over time. Affinity, the largest credit union in New Jersey, has over 20 branches across the New Jersey/New York/Connecticut tri-state region and serves over 209,000 members across the U.S.