GrooveCar Joins LI CU's in Sandy Relief Effort

HAUPPAUGE, NY, Nov. 5 -- GrooveCar, Inc., the provider of point-of-sale credit union auto lending based here, has joined forces with six large Long Island credit unions to defer auto payments for its members impacted by Hurricane Sandy, which wreaked havoc on the New York metropolitan region. The dealerships in the GrooveCar network and the credit unions are offering a 60 or 90 day deferral payment option for both new and pre-owned vehicles, including balloon and retail auto loans, and allows the extra time necessary to make timely car lending payments without being penalized. GrooveCar has teamed up with Bethpage Federal Credit Union, Island Federal Credit Union, Nassau Educators FCU, Nassau Financial FCU, People’s Alliance FCU and Teachers FCU. “What nature has wrought to Long Island is something we cannot easily remedy,” said GrooveCar President David Jacobson, “but this concerted effort will, we feel, make a small, but discernible dent in the pockets of our credit union clients and their members.” Additional information can be found on the GrooveCar Web site – www.groovecar.com – or by calling toll-free 866-Groove4 (476 6834).