About Teachers federal credit union
Teachers Federal Credit Union: A Not-for-Profit Financial Institution with Low Rates on Personal and Business Banking Products
Teachers Federal Credit Union (TFCU) is a not-for-profit financial institution that has been serving the Long Island community since 1952. TFCU is dedicated to providing its members with low rates on personal and business banking products, as well as exceptional customer service.
As a not-for-profit financial institution, TFCU operates differently than traditional banks. Instead of maximizing profits for shareholders, TFCU reinvests its earnings back into the credit union to benefit its members. This allows TFCU to offer lower rates on loans and higher yields on savings accounts than many other financial institutions.
TFCU offers a wide range of personal banking products, including checking accounts, savings accounts, money market accounts, certificates of deposit (CDs), individual retirement accounts (IRAs), and credit cards. Members can also take advantage of online banking services such as bill pay and mobile check deposit.
For those in need of financing options, TFCU offers competitive rates on auto loans, mortgages, home equity loans/lines of credit (HELOCs), personal loans/lines of credit (PLOCs), student loans/refinancing options for existing student loan debt. Additionally they have business banking solutions like business checking account ,business saving account,business line-of-credit,business term loan etc.
TFCU also provides resources to help members achieve their financial goals through educational seminars/webinars/workshops about budgeting,saving,mortgage planning etc., free access to their online Financial Education Center which includes interactive courses covering topics such as managing debt or investing in stocks/bonds/mutual funds etc.,and personalized one-on-one consultations with their certified financial planners/advisors who can help you create a customized plan based on your unique needs/goals.
Joining Teachers Federal Credit Union is easy! Membership is open to anyone who lives or works in Nassau County or Suffolk County in New York State; immediate family members/household members are also eligible for membership regardless if they live outside these counties. To become a member simply visit any one of our branches located throughout Long Island or apply online at tfcu.org/join-tfcu/.
In conclusion,Teachers Federal Credit Union is an excellent choice for anyone looking for low rates on personal/business banking products along with exceptional customer service from an organization that truly cares about its members' well-being.Teachers federal credit union has been awarded multiple times by Forbes magazine & Nerdwallet.com .So join today & experience the difference!