Federal Credit Union & Financial Services of Stamford, CT

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Disadvantage Of An Interest Only Loan

Disadvantage Of An Interest Only Loan      Nowadays, interest only loans are being pushed aggressively by mortgage lenders and real estate brokers. However, one needs to really cautious about these loans. More...


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Homeowners Advice And Resource

Homeowners Advice And Resource        Buying a home is a major investment in an individual’s life. Nobody would wish that their investment goes down the drain in case of a disaster or any unlikely events such as windstorm, fire, earthquake, hurricane or a volcanic eruption.  The best way to protect such investment is to purchase a homeowner’s insurance policy.More...




Federal Credit Union & Financial Services 

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Stamford, CT Federal Credit Union & Financial Services


Suma Yonkers Federal Credit Union
39 Clovelly Rd
Stamford, CT 06902
(203) 969-0498

Members Credit Union
56 W Broad St
Stamford, CT 06902
(203) 353-8363

Xerox Fed. Credt Union
800 Long Ridge Rd
Stamford, CT 06902
(203) 329-1148

Fairfield County Federal Credit Union
144 Prospect St
Stamford, CT 06901
(203) 324-2144

Stamford Postal Employees Federal Credit Union
2001 W Main St
Stamford, CT 06902
(203) 964-1229

Members Credit Union
56 W Broad St
Stamford, CT 06902
(203) 975-3866

Definition of Adjustable Rate Mortgage

Definition of Adjustable Rate Mortgage           Adjustable rate mortgage (ARM) is a home loan which the interest rate is periodically adjusted depending on a variety indexes. Two of the most common indexes are the Cost of Funds Index (COFI) and one year constant-maturity Treasury (CMT). The index can affect how your payment change.More...

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