New York’s SEFCU to Serve Non-Members

ALBANY, N.Y. – Taking advantage of a new federal law, SEFCU will introduce check cashing and money orders for non-members next month. The credit union, formerly State Employees FCU, will charge a fee of 1% of the check and $1 per money order, about half the going-rate for these services. The program, called Check Advantage, will be available at two SEFCU branches. The service to non-members with a credit union’s field of membership was allowed by last year’s regulatory relief bill.

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