TEG Federal Credit Union is headquartered in Poughkeepsie and is the 37th largest credit union in the state of New York. It is also the 780th largest credit union in the nation. It was established in 1969 and as of March of 2025, it had grown to 123 employees and 35,112 members at 9 locations. TEG Federal Credit Union's CD rates are 5X the national average, and it has an A health rating.
TEG Federal Credit Union is open to those who live, work, worship, or attend school in the New York counties of Ulster, Dutchess, or Orange, as well as their immediate family members. Membership also extends to members of the Dutchess County SPCA or the Child Care Council of Dutchess and Putnam Inc.
See current membership details
Overall | |
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NCUA # | 19401 |
Year Chartered | 1969 |
Employees | 123 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.83% |
Return on Equity - YTD | 10.06% |
Annual Interest Income | $6.2MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $469.5MM$439.1MM |
Loans | Q1 2025vs Q1 2024 | $351MM$334.8MM |
Deposits | Q1 2025vs Q1 2024 | $409.2MM$380.9MM |
Equity Capital | Q1 2025vs Q1 2024 | $38.1MM$32.6MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $2.5MM$2.5MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $657K$774K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not TEG 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $100 | - | Primary Savings | |
0.05% | $100 | - | Custodial Savings | |
0.05% | $100 | $500 | Holiday Club | |
0.05% | $100 | $500 | Special Savings | |
0.05% | $100 | - | Business Savings Accounts |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
4.10% | $500 | - | 12 Month CD | |
4.00% | $500 | - | 24 Month CD | |
3.82% | $500 | - | 36 Month CD | |
3.56% | $500 | - | 48 Month CD | |
3.30% | $500 | - | 60 Month CD | |
3.00% | $500 | - | 6 Month CD | |
0.55% | $500 | - | 3 Month CD |
TEG Federal Credit Union Locations | ||
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Branch Office | 1 Commerce St | Poughkeepsie, NY 12603 |
Branch Office | 900 Route 376 | Wappingers Falls, NY 12590 |
Branch Office | 11 Marist Dr Suite 5 | Poughkeepsie, NY 12601 |
Branch Office | 4282 Albany Post Rd | Hyde Park, NY 12538 |
Branch Office | 16 N Plank Rd Ste 105 | Newburgh, NY 12550 |
Branch Office | 2540 Route 55 | Poughquag, NY 12570 |
Branch Office | 1145 Route 9 | Wappingers Falls, NY 12590 |
Branch Office | 140 Crystal Run Rd | Middletown, NY 10941 |
Branch Office | 1981 State Route 32 | Modena, NY 12548 |