TEG

1 COMMERCE STREET
Poughkeepsie, NY 12603

Notable Rates APY Vs.Others
Savings 0.10% 2.25% →
1-Year CD 1.50% 2.25% →
2-Year CD 1.80% 2.50% →
5-Year CD 2.50% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Teg is an NCUA insured institution located in Poughkeepsie, NY. It was founded in 1969 and has approximately $303.84 millions in assets.

Who can join?

TEG Federal Credit Union is open to all those who live, work, worship, or attend school in Dutchess, Orange, or Ulster County in New York. Once you join, all of your immediate family members may also join.

NCUA Insured Yes
Charter Number # # 19401
Date Established 1969
Assets $303.84 million
Loans $221.31 million
Deposits $275.47 million
Capital $25.11 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in Dutchess, Orange, or Ulster County in New York and to immediate family of existing members.

Deposit Rates - December 15, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.25% $1,000 $4,999 Learn MoreShow Less
Money Market
0.55% $5,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Special: 9 Mo FIRA
2.40% $500 - Learn MoreShow Less
Special: 14 Mo FIRA
2.40% $500 - Learn MoreShow Less
Special: 18 Mo FIRA
2.40% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.55% $500 - Learn MoreShow Less
6 Mo CD
0.85% $500 - Learn MoreShow Less
Special: 9 Mo CD
2.40% $500 - Learn MoreShow Less
12 Mo CD
1.50% $500 - Learn MoreShow Less
Special: 14 Mo CD
2.40% $500 - Learn MoreShow Less
Special: 18 Mo CD
2.40% $500 - Learn MoreShow Less
18 Mo CD
1.50% $500 - Learn MoreShow Less
24 Mo CD
1.80% $500 - Learn MoreShow Less
30 Mo CD
1.80% $500 - Learn MoreShow Less
36 Mo CD
1.90% $500 - Learn MoreShow Less
48 Mo CD
2.25% $500 - Learn MoreShow Less
60 Mo CD
2.50% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.60% $500 - Learn MoreShow Less

Loan Rates - December 15, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for TEG

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.625% 3.625% -0.13 ($222) $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.034% 4.990% 0.00 $1,250 $1,341 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.000 %
Intro Period: 12 months
$25,000 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
5.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to TEG
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Teg 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:
Fairfield,Connecticut


Teg Locations


Financial Details

Teg Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Teg. 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.

Texas Ratio
Teg U.S. Average
9.85% 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, Teg had $2,566,610 in non-current loans and $72,563 in owned assets. To cover these potential losses it had $25,108,561 in net worth and $1,696,305 in loans loss reserves. That gives it a Texas Ratio of 9.85%.

Net Worth
Teg U.S. Average
8.26% 13.65%

Teg FCU has a net worth of 8.26% 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.

Frequently Asked Questions About Teg

Branches and Savings

What is Teg?

A federal credit union, registered with the NCUA under certificate #19401.
Learn more about credit unions here.

Is Teg FDIC insured?

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.

Who can join Teg?

Please see Field of Membership information above for information on who is eligible to join.

What are Teg's share account and share certificate rates?

Teg's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Teg?

Teg has total capital of $25.11 million. Full information on Teg's financial position is located above.

Who owns Teg?

Credit Unions are owned by their members.

Where are Teg branches located?

See branch locations nearby.

Are Teg ATMs Open 24/7?

Do Teg ATMs accept cash deposits?

Can Teg customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Teg have a mobile app?

Does Teg have mobile deposit?

Does Teg have quick pay?

How can Teg transfer money to other banks or credit unions?

Does Teg report to credit bureaus?

Does Teg use Chexsystems?

Does Teg use Equifax?

What is Teg's toll free phone number?

What is Teg's ACH Routing Number?

What is Teg's SWIFT code?

Where can I find Teg's wire transfer form?

What is the Teg address for deposits?

What Products Does Teg Offer

Does Teg offer mortgages?

Compare mortgage rates here.

Does Teg offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Teg offer auto and RV loans?

Compare auto loan rates here.

Does Teg offer student loans or personal loans?

Compare personal loan rates here.

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