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Fast. Secure. Convenient. Always Available. Your bank statement is a vital tool for keeping track of your withdrawals and deposits, but more importantly, it also helps you become aware of suspicious activity and possible fraud. Fast – Avoid USPS postal shortcomings, delays, and lost or stolen mail. If you have a problem with your account,… Read More »TEGFCU eStatements
This year’s 54th Annual Meeting was held: March 30, 2023, 5:30 PM 1 Commerce Street, Poughkeepsie, NY, 12603 Each year, TEG Federal Credit Union hosts an Annual Meeting. Our Annual Meeting is a unique opportunity for credit union members to hear about our financial health and community impacts, learn about the financial state of the… Read More »Annual Meeting 2023
Scams targeting people often play on their trust. We want to empower you to spot the latest scams and know a fraud when you see it. We are seeing an increase in phishing telephone scams involving fraudsters posing as members of a technology department, fraud department, utility, or government entity. TEG is committed to keeping… Read More »Keep Yourself Safe from Scams and Fraud
The national trend of homebuyers seeking out properties in need of renovations has established a firm foothold in the Hudson Valley, where low inventory and a critically-low inventory of turnkey houses, have repositioned the market. As a result of these shifting sands, many homebuyers are pivoting and staking their claim in the American Dream by… Read More »Renovation Loan
There comes a time when everyone needs to start prioritizing their credit score. Whether you’re applying for a credit card or a loan, your credit score impacts your ability to access these products. There are five major factors to consider, often referred to as the 5 C’s of credit, when you’re improving your credit score.… Read More »5 C’s of Credit: Capacity
Home buyers have several financing options to choose from, and two of the most common are conventional loans and FHA loans. If you’re thinking about buying a home, it’s important to understand the differences between the two loans so you can choose the best mortgage for your needs. How Do Conventional Loans Work? The term… Read More »The Conventional Loan vs. FHA Loans
The annual percentage rate (APR) is a term you’re likely to encounter while reviewing your mortgage options. Thankfully, it’s not difficult to understand—but what is APR exactly? Knowing how the APR works can help compare different loans to help you get the best deal possible. What Is the Annual Percentage Rate? When many people compare… Read More »What is APR and How Does it Affect Your Mortgage?
Closing costs are important fees that you should know about if you are considering applying for a mortgage. These fees vary depending on the lender and are usually 2% to 6% of the amount you are borrowing. By understanding how closing costs work and which fees are typically included, you can save money by going… Read More »Understanding Mortgage Closing Costs