Teachers is an NCUA insured institution located in Smithtown, NY. It was founded in 1952 and has approximately $7373.28 millions in assets.
Who can join?
All Long Islanders* can bank at TFCU
TFCU is a not-for-profit, member-owned financial institution which exists to serve our members. This means unlike other financial institutions, we have fewer fees and more favorable rates, adding up to a great financial deal.
TFCU offers financial services to all people and businesses located in Nassau and Suffolk* Counties!
Persons who live, work (or regularly conduct business in), worship, or attend school in and businesses and other legal entities located in Nassau County, New York, or the following portions of Suffolk* County, New York can join TFCU: Town of Huntington; Town of Babylon; Town of Smithtown; Town of Islip; Town of Brookhaven; the Poospatuck Reservation; Town of Riverhead; or Town of Southold.
Family members of those who are already members are also eligible to join, too, and enjoy the complete range of financial products and services we offer. TFCU will continue to serve all current members and their families.
| NCUA Insured | Yes |
| Charter Number # | # 8116 |
| Date Established | 1952 |
| Assets | $7,373.28 million |
| Loans | $4,677.95 million |
| Deposits | $6,672.38 million |
| Capital | $677.67 million |
Your Current Location: Virginia, VA 20146
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.10% | $50 | - | Learn More |
|
Money Market
|
0.50% | $2,500 | $24,999 | Learn More |
|
Money Market
|
1.00% | $25,000 | $49,999 | Learn More |
| Fixed IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Fixed IRA
|
1.60% | $1,000 | - | Learn More |
| Special: 24 Mo FIRA
|
2.15% | $1,000 | - | Learn More |
| Special: 48 Mo FIRA
|
2.30% | $1,000 | - | Learn More |
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
|
|
0.50% | $1,000 | $99,999 | Learn More |
| 3 Mo CD
|
0.50% | $100,000 | - | Learn More |
|
|
1.00% | $1,000 | $99,999 | Learn More |
| 6 Mo CD
|
1.00% | $100,000 | - | Learn More |
| 12 Mo CD
|
1.60% | $1,000 | $99,999 | Learn More |
| 12 Mo CD
|
1.60% | $100,000 | - | Learn More |
| 18 Mo CD
|
1.80% | $1,000 | - | Learn More |
| Special: 24 Mo CD
|
2.15% | $1,000 | - | Learn More |
| 24 Mo CD
|
1.95% | $1,000 | - | Learn More |
| 36 Mo CD
|
2.00% | $1,000 | - | Learn More |
| 48 Mo CD
|
2.10% | $1,000 | - | Learn More |
| 60 Mo CD
|
2.20% | $1,000 | - | Learn More |
| Variable IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Var IRA
|
0.10% | $50 | - | Learn More |
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.05% | $2,500 | - | Learn More |
| Checking Rates | APY | MIN | FEE | |
|---|---|---|---|---|
| Free Checking | 0.00% | $0 | $0.00 | Learn More |
Your Current Location: Virginia, VA 20146
| Home Equity Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| Line of Credit | 5.25% | 5.25% | Varies | |
Compare with 0 RATE Line of Credit from Figure Home Equity Line
See All Home Equity Rates |
||||
| 10 Year Loan | 4.49% | 4.49% | $517.95 | |
| 15 Year Loan | 5.24% | 5.24% | $401.68 | |
| Auto Loan Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 3 Year | 3.09% | 3.09% | $728.02 | |
| 4 Year | 3.09% | 3.09% | $554.35 | |
| 5 Year | 3.09% | 3.09% | $450.22 |
| Refinance Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 7 Year Adjustable Conforming | 3.75% | 2.50% | $987.80 | |
| 7 Year Adjustable Jumbo | 3.72% | 2.50% | $987.80 | |
| 10 Year Adjustable Conforming | 3.58% | 2.75% | $1,020.60 | |
| 10 Year Adjustable Jumbo | 3.56% | 2.75% | $1,020.60 | |
| 15 Year Fixed Jumbo | 2.92% | 2.88% | $1,712.06 | |
| 15 Year Fixed Conforming | 2.97% | 2.88% | $1,712.06 | |
| 20 Year Fixed Jumbo | 3.29% | 3.25% | $1,417.99 |
| Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 7 Year Adjustable Conforming | 3.75% | 2.50% | $987.80 | |
| 7 Year Adjustable Jumbo | 3.72% | 2.50% | $987.80 | |
| 10 Year Adjustable Conforming | 3.58% | 2.75% | $1,020.60 | |
| 10 Year Adjustable Jumbo | 3.56% | 2.75% | $1,020.60 | |
| 15 Year Fixed Jumbo | 2.92% | 2.88% | $1,712.06 | |
| 15 Year Fixed Conforming | 2.97% | 2.88% | $1,712.06 | |
| 20 Year Fixed Jumbo | 3.29% | 3.25% | $1,417.99 |
Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.
Below are Teachers branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Ashburn,Virginia
The following ratios and data are available to help you better understand the financial condition of Teachers. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
| Teachers | U.S. Average |
|---|---|
| 2.69% | 5.86 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of June 30, 2019, Teachers had $18,121,712 in non-current loans and $410,058 in owned assets. To cover these potential losses it had $677,670,242 in net worth and $10,891,099 in loans loss reserves. That gives it a Texas Ratio of 2.69%.
| Teachers | U.S. Average |
|---|---|
| 9.19% | 13.65% |
Teachers FCU has a net worth of 9.19% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
A federal credit union, registered with the NCUA under certificate #8116.
Learn more about credit unions here.
No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.
Please see Field of Membership information above for information on who is eligible to join.
Teachers has total capital of $677.67 million. Full information on Teachers's financial position is located above.
Credit Unions are owned by their members.
See branch locations nearby.
Compare home equity lines of credit rates here.
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