Grow Your Savings at TEG Federal Credit Union
Fill your piggy bank the smart way. If you’re saving pennies for a rainy day, planning for something special, or simply saving for the future, TEGFCU can help you achieve your savings goals. Whether you need a straightforward savings account or want to watch your savings grow over several years, there’s an account that’s just right for you. Explore our savings accounts with competitive interest rates and save automatically when you set up direct deposit or recurring transfers. Open your Savings Account online now and watch your money grow.
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Reach your goals with a savings account that fits
Savings Goal Calculator
Use this calculator to figure how much your current savings will grow and how much more you’ll need to save each month in order to achieve a given savings goal within a given number of years.
Personal Loan Rates
| Term | Amount | APR as low as |
|---|---|---|
| Up To 48 Months | Up to $30,000 | 10.49% |
| 49 to 60 Months | Up to $30,000 | 10.74% |
| Up to 48 Months | Above $30,000 | 10.24% |
| 49 to 60 Months | Above $30,000 | 11.74% |
Rates effective as of 4/1/2024. APR = Annual Percentage Rate. Advertised rate is lowest offered and includes a .25% rate discount for automatic payments for the life of the loan. APR is based on creditworthiness, loan amount and term. Your rate and term may vary. Terms from 3 to 60 months. Borrowers may request shorter terms. An additional .50% will be added to APR for each $5000 incremental increase for $35,000 and over, up to the credit union maximum of 18% APR. Rates are subject to change. All loans are subject to approval. For example, a 48-month loan with a 10.49% APR fixed rate loan for $1,000.00 would result in 48 monthly payments of $25.61.
Save with confidence — You’re NCUA-insured
TEGFCU offers a safe place to save money, with deposits insured by the National Credit Union Administration (NCUA) up to $250,000 per individual depositor. The full faith and credit of the United States backs the Share Insurance Fund.
Join TEGFCU
At TEGFCU, your best interests have always been our focus. As a better alternative to banks, our mission is simple, to help you get to a better place financially.
Membership is open to anyone (and their immediate families) who lives, works, worships, or attends school in Dutchess, Orange, Ulster, Putnam, Rockland, Sullivan, and Westchester County, NY. A $5 minimum deposit opens the door to all the benefits of being a valued TEGFCU member.
When we come together, everyone grows.
Explore Our Products
Personal Loans
Looking for a loan that breaks the mold of traditional lending?
Turn to lenders who think outside the box.
Checking
Searching for a free checking account with no monthly maintenance
fees or minimum balance requirements? Look no further than our
Truly Free Checking.
Been using their services for years. They truly make members feel like family. From sitting down to apply for a loan, to simply depositing a check they always make an effort to ensure all customer needs are met. Thank You.
Best bank in the Hudson Valley hands down. Very consumer friendly, customer service is outstanding, and will be a lifelong customer.
Scott was great to work with! Scott helped explain all the different mortgage options available to us and made recommendations based on our specific needs. He was able to streamline the process making it easy for us with our busy schedules.
Matt and TEGFCU staff helped us with everything we needed and we greatly appreciate him. As first-time home buyers all our questions were answered promptly with no problems and highly recommend their services.
The people who work here are so nice and friendly. They’ve gone above and beyond in answering my questions and helping me with my car loan and banking. Great people!
