Mohawk Progressive joins First New York!
As of April 15, 2024, Mohawk Progressive Federal Credit Union has merged into First New York. We are thrilled to welcome MPFCU members to our credit union!
Click/Tap for the full media release.
Click/Tap for the full Member Merger Packet.
Click/Tap for the full Business Merger Packet.
On this page you will find information on:
- Your Accounts
- Member Service and Branch Locations
- Your Cards
- Online and Mobile Banking
- Your Loans
- Statement of Fees and Charges
Timeline of Merger Events:
Thursday, June 22, 2023: Mohawk Progressive’s Board of Directors voted to pursue a merger with First New York.
Tuesday, September 26, 2023: First New York’s Board of Directors voted to approve the incoming merger with Mohawk Progressive.
Wednesday, December 20, 2023: The National Credit Union Association (NCUA) approved the merger.
Monday, March 18, 2024: Member’s merger ballots were due and the voting meeting took place. The merger was overwhelmingly approved.
Tuesday, March 19, 2024: Once the merger was approved, First New York began the final steps towards the conversion of Mohawk Progressive members into First New York members.
Monday, April 1, 2024: Debit and credit cards will start arriving in Mohawk Progressive member mailboxes this week.
Friday, April 12, 2024: This is the last operating day for Mohawk Progressive. Conversion work will continue over the weekend.
Sunday, April 14, 2024, 5:00 PM: Mohawk Progressive debit and credit cards will no longer be operational.
Monday, April 15, 2024, 12:00 AM: First day Mohawk Progressive FCU members are First New York FCU members. New First New York cards can be activated and used. The Mohawk Progressive location on State Street will be open this day as First New York FCU, and continue its normal hours, Monday to Wednesday: 9 AM to 4 PM, Thursday and Friday: 9 AM to 5 PM.
Frequently Asked Questions
This merger is a result of careful consideration and is driven by the desire to maintain the integrity of the credit union. The long-term Management and Board Members serving our members will soon retire. The merger will allow MPFCU members access to an even more robust range of products and services. Our commitment to your financial well-being remains steadfast.
First New York will welcome Brandi and Denise onto the team, while Carole has chosen (with great excitement!) to retire after the transition is complete. The MPFCU branch will remain open and can be reached at (518) 372-0828.
1. Your Accounts
Your accounts and balances will all be transferred to First New York. This will occur between Saturday, April 13 and Monday, April 15, 2024.
Not right away. The Federal Reserve will temporarily route all direct deposits and ACH transactions to First New York post-merger so there should be no immediate change. You will want to update your employer and any merchants with First New York’s routing number (221379785) and your new account number when you receive it, but this will not need to be done immediately.
Payroll deductions and/or allocations in place at Mohawk Progressive will be honored in your new First New York account(s). If you wish to change any of these, please call our Contact Center (518-393-1326, option #2) or visit any Branch Location.
Not right away. You do not need to change anything immediately regarding your social security right away since Mohawk Progressive’s routing number will transfer to First New York. However, it is a best practice and recommended that you change it within the first 6 months. Our team will be happy to walk you through this process.
Your accounts and balances will all be transferred to First New York. Balances will be available starting on Monday, April 15, 2024. First New York’s Contact Center (518-393-1326, Option #2) will be open that day from 8 AM to 6 PM, and the Mohawk Progressive branch will be open from 9 AM to 4 PM.
Due to NCUA regulations, a new membership will be established to transition your Mohawk Progressive accounts to First New York. After April 15, 2024, you’ll be able to consolidate your First New York accounts if you so desire.
Yes! Your family members are automatically eligible to join.
You’ll receive two statements for April. One final statement from Mohawk Progressive will reflect April 1 through 14, 2024. A second statement from First New York will reflect activity from April 15 through 30, 2024.
Your initial First New York statement will be mailed. You can opt-in to receive electronic statements with our contact center or through online or mobile banking. Simply call our Contact Center at 518-393-1326, option 2. The Contact Center is open Monday to Friday 8 AM to 6 PM, and Saturday from 9 AM to 1 PM.
You can also stop into any of our branch locations for assistance.
Yes. Each member with a Share Draft (checking) or Money Market account will receive a free starter pack of First New York checks. You can visit any branch to order new checks and receive a small supply the same day or you can order them by phone at 518-393-1326, Option #2.
Yes, a new First New York member number will be created for you. Prior to April 15, you will receive a separate letter in the mail with your new member number. Like MPFCU, all of your share accounts and loan accounts are listed under your new account number.
Yes. First New York’s routing number is 221379785.
No, current NCUA depository insurance will remain in place, insuring up to $250,000 per share on all deposit accounts.
This chart matches Mohawk Progressive accounts with their corresponding account types at First New York.
| Mohawk Progressive Product | Matching First New York Product | What’s the Difference? |
|---|---|---|
| Share Savings | Share Savings | No change to terms. |
| Money Market Accounts | Money Market Accounts | No change to terms. |
| Checking Accounts | All Access Checking | New routing number: 221379785. You will receive a new account number as well. |
| Visa Debit Cards | Visa Debit Cards | Visa debit card with real-time transactions, tap-to-pay, digital wallet. |
| Online and Mobile Banking | Online and Mobile Banking | State-of-the-art digital banking, real time account information and tools. |
| Auto Loans | Auto Loans | No change to your rate and terms. |
| Visa Credit Cards | Visa Credit Cards | No change to your rate and terms. |
| Personal Loans | Personal Loans | No change to your rate and terms. |
| Recreational Vehicle Loans | Recreational Vehicle Loans | No change to your rate and terms. |
| Fixed Home Equity Loans | Home Equity LOC | No change to your rate and terms. |
| Mortgages | Mortgages | No change to your rate and terms. |
| 3 or 6 Month Share Certificate | Share Certificate | No change to your rate and terms. |
| 3 or 6 Month IRA Share Certificate | IRA Share Certificate | No change to your rate and terms. |
| 3 or 6 Month Roth IRA Share Certificate | Roth IRA Share Certificate | No change to your rate and terms. |
| IRA Share Savings | IRA Share Savings | No change to your rate and terms. |
| Roth Share Savings | Roth IRA Share Savings | No change to your rate and terms. |
2. Member Service and Locations
Yes, for the better. We will be continuing Mohawk Progressive’s tradition of providing a high level of service, and extending the hours during which you can access service and support teams. The Mohawk Progressive branch will maintain its current hours of operation: Monday to Wednesday: 9 AM to 4 PM, Thursday and Friday: 9 AM to 5 PM.
First New York’s Contact Center is open Monday to Friday 8 AM to 6 PM, and Saturday from 9 AM to 1 PM.
Yes. The current Mohawk Progressive location will remain open, and will maintain the current hours of operation: Monday to Wednesday: 9 AM to 4 PM, Thursday and Friday: 9 AM to 5 PM.
First New York has eight branch locations, three stand-alone ITM kiosks, and allows members to access over 5,600 Co-Op Shared Branches, and over 30,000 ATM/ITMs throughout the United States.
First New York Branch Locations
Branch hours: Monday-Thursday 9 AM to 5 PM; Friday 9 AM to 6 PM; Saturday 9 AM to 1 PM. Drive through hours: Monday-Thursday 9 AM to 5 PM; Friday 8 AM to 6 PM; Saturday 9 AM to 1 PM.
To use an ITM, you must first setup a passcode with a team member in a branch location.
- Niskayuna: 1776 Union Street, Schenectady, NY 12309 (In-person and ITM drive-up)
- Cobleskill: 795 East Main Street, Cobleskill, NY 12043 (In-person drive-up and walk-up ATM)
- Glenville: 19 Glenridge Road, Glenville, NY 12302 (ITM drive-up)
- Albany: 818 Central Avenue, Albany, NY 12205 (Walk-up ATM)
- Rotterdam: 1879 Altamont Avenue, Rotterdam, NY 12303
- Saratoga Springs: 424 Maple Avenue, Saratoga Springs, NY 12866 (In-person drive-up)
- Halfmoon: 533 Route 9, Halfmoon, NY 12065 (ITM drive-up)
- North Greenbush: 31 Jordan Road, North Greenbush, NY 12180 (ITM drive-up)
ITM Kiosks
ITMs are freestanding drive-up kiosks and are available 24/7. ITM stands for Interactive Teller Machine, and it allows members to do everything you can do in a branch, except issuing a cashier’s check. They are equipped with live video chat during Contact Center hours: Monday to Friday 8 AM to 6 PM, and Saturday from 9 AM to 1 PM.
- Colonie: 2 Wall Street, Colonie, NY 12205
- Rotterdam: 1708 Altamont Avenue, Rotterdam, NY 12303
- Ballston Spa: 444 Geyser Road, Ballston Spa, NY 12020 (Located at Saratoga’s Community FCU)
A passcode is only used at First New York ITMs. It allows you to use your member number or First New York debit card or credit card to access account features. Passcodes are separate and distinct from Personal information Number (PIN) used at ATMs.
To provide the utmost security, passcodes can only be set in branch locations. They are set by members using a staff-provided pin pad. They are encrypted, and not visible in our systems. Unless a member reveals their passcode, they are known only by the member.
3. Your Cards
If you have active Mohawk Progressive Visa debit or credit cards, you will receive new First New York Visa debit and credit cards in the mail. There is no charge for new debit or credit cards.
- New debit cards will be issued for accounts with a positive balance.
- New credit cards will be issued for all current credit cardholders.
Real-Time Debit and Credit Cards
First New York debit and credit cards operate in real-time. All transactions are posted in real-time. When you make a purchase using your debit card, the transaction is immediately reflected in your account and visible through online and mobile banking.
First Week of April: Newly issued First New York cards will start arriving in your mailbox.
Sunday, April 14, 2024 at 5 PM: This is the last day your Mohawk Progressive cards will be active.
Monday, April 15, 2024: Activate your new cards by calling 1-800-631-3197. Remain on the line to set your PIN.
If you have problems with activation or questions about the process, please contact First New York’s Contact Center by calling 518-393-1326, option 2.
4. Online and Mobile Banking
You will be given access to First New York’s state of the art mobile and online banking services.
Real-Time Account Information and Activity
First New York online and mobile banking services operate in real-time. All transactions are posted in real-time. You will be able to view account activity and take action in real-time.
We invite you to establish your online banking login and mobile app usage as soon as possible with our Contact Center or at any branch location.
Beginning Monday, April 15 at 8 AM, establish your online banking login by calling First New York’s Contact Center, open Monday to Friday 8 AM to 6 PM, and Saturday from 9 AM to 1 PM. 518-393-1326, option 2.
First New York’s mobile and online banking offers:
- Real-time data to keep you in the know about your account information
- Mobile check deposit
- Bill pay service
- Electronic statements
- Debit and credit card controls, notifications, and alerts
- Account-to-account transfers
- Send and receive money free and easy with Zelle
Yes! Using the First New York On-The-Go mobile app, members are able to deposit checks from anywhere using your Apple or Android device. The process is quick and easy, and involves taking pictures of the front and back of each check through the mobile app. To utilize the mobile app, please first setup your online banking login with our Contact Center.
5. Your Loans
No. Your loans and credit cards will be transferred over to First New York at the same rates and terms.
- Loans will continue to be due on the last day of each month.
- Auto loans and personal loans will carry 10-day grace periods.
- Home equity loans will carry a 15-day grace period.
- Credit card payments will continue to be due on the 11th of each month.
6. Statement of Fees and Charges
Effective April 15, 2024
The following fees made be assessed against your account and the following transaction limitations, if any, apply to your account.
| Account Fees | |
|---|---|
| Choice Account service charge (per month) | 3.00* |
| Inactive Account fee (per month) | $5.00** |
| IRA Transfer fee (per transfer) | $25.00 |
| Lucky Savers Share Certificate early withdrawal fee | $25.00 |
| Share Draft Check printing | Fee based on style ordered |
| Stop Payments (all items) | $20.00 |
| Copy of Share Draft (cleared account less than 12 months) | $1.50 |
| Copy of Share Draft (cleared account over 12 months) | $6.50 |
| Copy of Official Cashier’s Check | $5.00 |
| Account Research/Reconciliation per hour (minimum 1 hour) | $20.00 |
| ID Theft Protection fee (per month) | $1.95 |
| *No charge if you have direct deposit or First OnLine Bill Payment or maintain an average daily balance of $1,000 in your account. **An account is considered inactive if for two years no withdrawals or deposits, other than credited dividends, have been made to the account. The feewill not be assessed if the aggregate balance of all accounts is over $300.00 or there is loan activity or the member is under 18 years of age. | |
| Card Fees | |
|---|---|
| Transactions at any First New York FCU ATM | FREE |
| Visa® Debit Card transactions with signature | FREE |
| E-member ATM transactions other than FNYFCU | 5 FREE per month then $1.00 |
| ATM Withdrawals at ATMs other than FNYFCU | $1.00 |
| Point of Sale (POS) Transactions with PIN | FREE |
| ATM Inquiry at ATMs other than First New York FCU | $1.00 |
| Replace Lost Visa® Card | $10.00 |
| Gift Card | $4.00 |
| Electronic Services Fee | |
|---|---|
| First OnLine Bill Payment | FREE |
| Bill Payment Stop Payment | $30.00 |
| Copy of Share Draft from First OnLine | FREE |
| Funds Transfer Inbound | FREE |
| Funds Transfer Standard Outbound (3 business days) | FREE |
| Funds Transfer – Next Day | $5.00 |
| Zelle (3 business days) | FREE |
| Pay By Phone | $6.00 |
| Other Fees | |
|---|---|
| Abandoned Property fee | $125.00 |
| Collection Item fee | $25.00 |
| Foreign Check Collection fee | $25.00 |
| Informational Subpoena with Restraining Notice | $125.00 |
| Notary Public or Signature Guarantee | FREE |
| Official Check – Cashier’s Check (1 FREE per day) | $2.00 |
| Official First New York Money Order | $2.00 |
| Returned Statement fee (per statement) | $5.00 |
| Wire Transfer – domestic (outgoing) | $20.00 |
| Wire Transfer – foreign (outgoing) | $40.00 |
| Overdraft Fees | |
|---|---|
| We may impose an overdraft fee for transactions by any of the following means: check, in-person withdrawal, Point of Sale authorization, or other electronic means. | |
| Share to Share Overdraft Transfer | $5.00 |
| Non-sufficient/Uncollected Funds per Item paid, Item returned, Item returned by Bill Payment Service | $30.00 |