Online Banking

Teachers’ Perks

Being a Teacher Can Really Payoff at North Jersey Federal Credit Union!

happy teacher

We’ve been helping teachers meet their financial needs since 1936 when we started out as the Passaic County Teachers’ Credit Union. We have several programs specifically for teachers to help their 10-month paycheck cover their 12-month budget.

Summer Pay Program

If you want to set up an automatic savings program to stretch your 10 months of paychecks into 12, we have the program for you. The Summer Pay program allows you to have a portion of each paycheck deposited directly in a Vacation Club Account throughout the school year.

On July 1 each year, your Vacation Club Account deposit is automatically transferred into your savings account. You can now enjoy your summer knowing your finances are covered!


As a teacher, when you take out a loan* with North Jersey Federal Credit Union, we offer you an additional perk. You can opt-in to take advantage of Skip-A-Payment. For the entire term of the loan, you can choose to not make a payment on your consumer loan during the months of July and August (or any two months of the year that work best for you.) There are no penalties or late fees associated with Skip-A-Payment.


*Loans are limited to personal loans such as Vehicle Loans.