Data Source: NCUA, December 31, 2016
TEG Federal Credit Union was founded in 1969. Headquartered in Poughkeepsie, New York, TEG Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). TEG Federal Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2016, TEG Federal Credit Union services 29,074 members through its 7 offices and branches and 92 full-time and 10 part-time employees. It has $263,837,475 of total assets and $22,272,957 of net worth. Based on its asset size and net worth ratio, TEG Federal Credit Union is classified as a Well Capitalized medium large credit union.
TEG Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. TEG Federal Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.
The following two tables list the deplitory and loan interest rates of TEG Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in New York and in the nation.
Major Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
TEG Federal Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by TEG Federal Credit Union.
Electronic Banking Service Offerings
As a community financial institution, TEG Federal Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, financial literacy workshops, and first tim home buyer programs.
Community and other Service Offerings
2540 Route 55
Poughquag, NY 12570
College Center Branch
11 Marist Dr Suite 5
Poughkeepsie, NY 12601
Hyde Park Office
4282 Albany Post Rd
Hyde Park, NY 12538
16 N Plank Rd Ste 105
Newburgh, NY 12550
1 Commerce St
Poughkeepsie, NY 12603
Wappingers Falls Office
900 Route 376
Wappingers Falls, NY 12590
Wappingers Rt. 9
1145 Route 9
Wappingers Falls, NY 12590