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Teachers Federal Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.55%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Overview / Commentary
www.teachersfcu.org
800-341-4333
102 Motor Pkwy
Hauppauge, NY 11788

Teachers Federal Credit Union is headquartered in Hauppauge and is the 2nd largest credit union in the state of New York. It is also the 24th largest credit union in the nation. It was established in 1952 and as of September of 2024, it had grown to 839 employees and 476,608 members at 30 locations. Teachers Federal Credit Union's CD rates are 4X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership in Teachers Federal Credit Union is open to anyone, regardless of residency status. The only requirement is a $1 deposit.
See current membership details

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Reviews (2)

IRA Customer Service

Posted by: |

Always eager to help and knowledgeable . Out of all the IRA customer service representatives I had come across, IMO, Teachers FCU outranks the other credit unions.

3

Community Oriented

Posted by: |

Super happy with the quality of service and consistency not only does teacher fcu participate with all-point network and shared branch banking this location has safety deposit boxes. “Nirmal”one of the member representative bankers provides exceptional 5 star service helped me with everything from upgrading my services to educated choice to also helping my fiancé open membership all whilst providing good communication and consistency in service and perks. So happy i connected with Teachers and looking forward to growing my relationship with yall thanks….Only thing is i know they took over melrose credit union but the atms need serious work from easier options to manage accounts to better like 1,5,10 etcs and maybe the option to email receipts or text them helps to be part of a credit union thats not so paper friendly thats wasteful but their great specially if your friendly too and in the mindset of being part of a community. Bc thats what credit unions are for. Their not big banks and definitely not for those who are into self education

2


Health
B+

Data as of Q3 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #8116
Year Chartered1952
Employees839
Primary Regulator
Profit Margin
Return on Assets - YTD0.29%
Return on Equity - YTD3.2%
Annual Interest Income$357.6MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$9.82B$9.82B
LoansQ3 2024vs Q3 2023$6.29B$6.56B
DepositsQ3 2024vs Q3 2023$7.91B$7.99B
Equity CapitalQ3 2024vs Q3 2023$885.8MM$739.3MM
Loan Loss AllowanceQ3 2024vs Q3 2023$113.4MM$129.6MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$67.7MM$66.8MM
Real Estate OwnedQ3 2024vs Q3 2023$110K$207K
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.55%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Rates
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Always verify rates and promotions with the bank or credit union. We are not Teachers Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Teachers Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%*†$1$1kYouth Savings Account
OTHER TIERS: 0.10% → $1k+
0.10%†$50-Savings
0.10%†$50-IRA Savings
0.10%†$50-Holiday Club
0.10%†$50-Vacation Club

Teachers Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.60%*†$500k*-Tiered Money Market
OTHER TIERS: 0.75% → $2.5k - $100k | 1.00% → $100k - $250k | 1.10% → $250k - $500k
0.10%†$2.5k-Business Tiered Money Market

Teachers Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*†$0$15kSmart Checking
OTHER TIERS: 0.10% → $15k+
0.05%†$2.5k-Checking

Teachers Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%†$100k-6 Month Jumbo CD
4.00%†$1k-6 Month CD
3.75%†$100k-8 Month Jumbo CD
3.75%†$100k-12 Month Jumbo CD
3.75%†$1k-12 Month CD
3.75%†$1k-9 Month CD
3.50%†$1k-22 Month CD
3.50%†$1k-13 Month CD
3.25%†$100k-3 Month Jumbo CD
3.25%†$1k-3 Month CD
3.00%†$100k-16 Month Jumbo CD
3.00%†$1k-16 Month CD
3.00%†$1k-24 Month CD
3.00%†$1k-30 Month CD
3.00%†$1k-36 Month CD
3.00%†$1k-48 Month CD
3.00%†$1k-60 Month CD
3.00%†$1k-18 Month CD
3.00%†$1k-15 Month CD
2.50%†$100k-1 Month Jumbo CD
2.50%†$100k-2 Month Jumbo CD

Teachers Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.90%†$1k-60 Month IRA
2.90%†$500-60 Month CESA
2.80%†$1k-48 Month IRA
2.80%†$500-48 Month CESA
2.75%†$1k-36 Month IRA
2.75%†$500-36 Month CESA
2.65%†$1k-24 Month IRA
2.65%†$1k-30 Month IRA
2.65%†$500-24 Month CESA
2.65%†$500-30 Month CESA
2.65%†$1k-18 Month IRA
2.65%†$500-18 Month CESA
2.10%†$1k-12 Month IRA
2.10%†$500-12 Month CESA
2.10%†$1k-15 Month IRA
2.10%†$500-15 Month CESA
1.65%†$1k-22 Month IRA
1.25%†$1k-9 Month IRA
1.25%†$500-9 Month CESA
1.20%†$1k-6 Month IRA
1.20%†$500-6 Month CESA
1.00%†$1k-3 Month IRA
1.00%†$500-3 Month CESA
Locations

Availability

New York Area

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