Lower East Side Peoples Federal Credit Union
Credit Union Summary
Assets	$26,167,815
Address	37 AVENUE B, NEW YORK, NY, 10009
Corporate Website	www.lespeoples.org
Members	5,346
Branches	3

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Field of Membership

Membership is available to anyone who lives, works, or worships near the Lower East Side of Manhattan, or in Central Harlem. Any New York family with household income of under $38,000 can also join. We believe Lower East Side People's Federal Credit Union is the Most Consumer Friendly Credit Union in NYC for two main reasons:

• If you are 90 days late on payments, the penalty rate is capped at a reasonable 18%, which is much lower than the 30% you would normally see at a typical New York bank. The same rate applies to cash advances.
• There is a 5 day grace period for making credit card payments, after your due date. Banks normally start charging you penalties if they do not receive payment by 5pm on your due date.

In addition to these great consumer friendly features, the rates offered at LES People's are very competitive, starting at 9.0% for people with good credit.
The rate for people with no formal credit history is only 13.5%, so this is a great credit union to build a credit history.
Interest rates vary from 9.0% to 18.0%, depending on your credit score, but the lowest rate is available to anyone with a FICO score of 701+. Eligibility details...

NerdWallet's Consumer Friendliness Accolades

Credit Unions receive stars for meeting our consumer friendliness requirements.

Lower East Side Peoples Federal Credit Union is 2 stars better than your typical bank:

ATMs	No Advance Fee

• ATM Convenience - This credit union is part of the CO-OP ATM Network, which gives you access to 28,000+ surcharge free ATMs around the country.
• No Cash Advance Fee - Your typical bank charges around 3%, while many credit unions charge much less. We give out stars for 0% cash advance fees on credit cards.