We’re monitoring the coronavirus situation and offering help when you need it. The health and safety of our members and staff remains our top priority. TEGFCU continues to closely monitor the uptick in active Covid-19 cases in the mid-Hudson Valley. We are heeding all guidance […]
View moreSelling Your Home During COVID-19
Selling a home is a move people generally plan years in advance, and 2020 was no different. For many homeowners, the hot real estate market of spring and summer of 2020 was going to be the season they put their homes up for sale. And […]
View moreIRS Reveals List of “Dirty Dozen” Tax Scams for 2020
Each year, the IRS publishes the “Dirty Dozen,” a list of tax scams most prevalent during that year’s tax season. This year, with COVID-19 pushing off the federal tax deadline to July 15, the IRS held off publishing the list until early July, and of […]
View moreLife Lessons Learned During the COVID-19 Pandemic
If someone would have approached us a year ago and told us that, in 2020, the country would essentially shut down for three months; the busiest thoroughfares in cities across the world would be empty of traffic; schools and colleges would close for an entire […]
View moreAll You Need to Know About Student Loan Changes During COVID-19
With unemployment at a record high and many employers cutting work hours, college graduates have been struggling to meet their student loan payments. Thankfully, the federal government has passed legislation to ease this burden. Unfortunately, though, many borrowers are confused about the terms and conditions […]
View moreHow to Pay for Large Medical Bills
If you’re looking at astronomical medical bills thanks to the coronavirus pandemic or another health emergency, you might think there’s no choice but to pay thousands of dollars for your treatment. Lucky for you, though, there is hope. Here’s some advice on how to bring […]
View moreDon’t toss that Junk Mail, it may be Your Stimulus Payment
Four million Americans are receiving their Economic Impact Payment in the form of a prepaid debit card — and many are mistaking it for junk mail. Last week, the U.S. Treasury Department and the Internal Revenue Service (IRS) began sending out Economic Impact Payments (EIP) […]
View moreCoronavirus Scams are up
Scammers are always looking for their next opportunity and what better time than a global pandemic? The FBI Internet Crime Complaint Center (IC3) has seen an increase in reports of online fraud during the COVID-19 crisis. Since many of us are staying at home and likely […]
View moreCelebrating Amid the Coronavirus Pandemic
As the ongoing coronavirus pandemic continues to disrupt life and cancel plans across the world, people are finding creative ways to celebrate. From drive-by weddings to birthday car parades to virtual graduation ceremonies, there are so many ways you can celebrate while still maintaining proper […]
View moreYour Complete Guide to Safe and Comfortable Face Covering
Q: I’ve started wearing a face mask every time I go out, however, I’m finding these coverings to be less than comfortable. Is there any way around the irritations and discomforts of wearing face coverings? A: Face coverings have become an essential wardrobe component for […]
View moreWays to Celebrate Memorial Day during the COVID-19 Lockdown
Most years, Memorial Day is the unofficial kickoff to summer. Americans salute and honor the memory of our military heroes with grand parades, lively family picnics and crowded barbecues. But, this year, everything is different. Even as the country moves forward with the reopening process, […]
View moreHouse Passes HEROES Act
The House of Representatives passed a $3 trillion stimulus bill on Friday, May 15, with a 208-199 vote. The more than 1,800-page legislation, dubbed the Health and Economic Recovery Omnibus Emergency Solutions Act (Heroes Act), would provide another stimulus check to qualifying Americans, extend unemployment […]
View moreHow Should I Spend my Stimulus Check?
The stimulus checks promised in the Coronavirus Aid, Relief and Economic Security (CARES) Act are starting to land in checking accounts and mailboxes around the country. The $1,200 granted to most middle class adults is a welcome relief during these financially trying times. Many recipients […]
View moreThe First Steps to Take if you Can’t pay your Mortgage
Over a few weeks, the talk about mortgages turned from how to best take advantage of record low interest rates to how to handle a mortgage without income. More than 22 million Americans have filed for unemployment in the past five weeks. Lenders are dealing with […]
View moreTEG Retirement & Advisory Services- Weekly Economic Update Webinar
Webinar: Weekly Economic Update I am excited to share that another specialist will be joining us for our weekly LEXCO educational call on Thursday, April 23rd at 2:00 PM. This week we will feature a module called Keeping it in Perspective. It will cover what’s happened, […]
View more7 Ways to Celebrate Earth Day at Home
Earth Day, recognized on April 22, is an annual event that celebrates environmental protection and raises public awareness about pollution. And this year, 2020, is Earth Day’s 50th anniversary. Here are some easy, eco-friendly ideas you can do at home in honor of the holiday. […]
View moreBeware of Scams Amid the CARES Act
As part of the Coronavirus Aid, Relief and Economic Security (CARES) Act passed on March 27, the federal government is sending out $290 billion in stimulus checks over the next half a year. The first round of checks has made its way to millions of […]
View moreHow to Protect Your Credit Score During the Coronavirus Pandemic
As many Americans now face the possibility of becoming delinquent on their debts and other bills, their credit scores could be adversely affected. Here are the steps people can take to ensure that they maintain as good a credit score as possible throughout the coronavirus […]
View moreWebinar: Navigating Your Finances Through COVID-19
Resources: Dutchess One Stop
Paycheck Protection Program
The Paycheck Protection Program (PPP) is an important part of the historic Coronavirus Aid, Relief and Economic Security (CARES) Act designed to help small businesses continue meeting payroll and other expenses during these trying times. Here’s all you need to know about the Paycheck Protection […]
View moreHow to Care for Your Car During a Lockdown
COVID-19 Resources
Here is list of resources for you to access on the current COVID-19 pandemic. Coronavirus (COVID-19) Reference Guide – This reference provides info, tips, and tricks for this global pandemic. Use it to learn the basics and to understand how to identify the symptoms of the […]
View moreGrandparent Scams
“Grandma, I need your help, please send money.” “Grandpa, I am in the hospital and need you to wire me money.” It is no surprise that when receiving a call from whom you believe to be your panicked grandchild, your stomach drops and you head […]
View moreThe Complete Glossary of Financial Terms Related to COVID-19
Some of the financial terms flying around in the wake of the recently approved Coronavirus Aid, Relief and Economic Security (CARES) Act may be confusing. We have broken down some of the key components and how they relate to the COVID-19 pandemic. Deferred interest What […]
View moreWorking from Home
The coronavirus pandemic has taken the world as we know it and turned it upside down. Hospitals are scrambling to meet the needs of their patients as the federal and local governments are issuing stricter guidelines to help stop the spread of the virus. As […]
View morePrioritizing Bills During a Financial Crunch
Our vibrant, animated country has been put on pause. Busy thoroughfares are now empty of pedestrians and previously crowded malls are eerily vacant, as millions of Americans shelter in place to slow the spread of the coronavirus. Forced leave of work has left many wondering […]
View moreShould I Buy a House During a Pandemic?
Q: I’ve been planning to buy my first home this spring, and I’ve spent years preparing for this purchase. Now that the coronavirus has had a negative impact on the economy, I’m wondering if I should go through with my plans. Is it a good […]
View moreFinancial Do’s and Don’ts During a Pandemic
The coronavirus has already impacted the economy tremendously, and will likely continue to do so for a while. With all this uncertainty, it’s easy to fall into a panic and wonder if there are some concrete steps you should be taking to save your personal […]
View moreFun Activities to do at Home with Your Kids
Here are some fun activities to keep your kids busy while you wait out the pandemic at home: TEG Coloring Pages: Take a coloring break with our TEG Coloring Pages. Print out the images below and color away! Be sure to upload your finished artwork […]
View moreTemporary Branch Closure
Support Small Local Business
Many local restaurants are adapting to the current situation by offering curbside delivery and take out options. Below are a list of local eateries in Dutchess, Ulster and Orange County who are open for take-out or curbside pick-up. Now, more than ever is time to […]
View moreCredit Union Philosophy
While COVID-19 is bringing new and difficult challenges to so many, the Credit Union philosophy is even more important than ever–“people helping people”. During this time of uncertainty we have seen countless community members step up to help their neighbors in need. Whether it be […]
View moreLobby & Hour Changes
Message from the President
March 17, 2020 Hello, my name is Ron Flaherty, President & CEO of TEG Federal Credit Union. I am writing to you today to let you know that TEG is with you throughout this Covid-19 crisis. Our first priority is the safety and well-being of […]
View moreCOVID-19 Update
To say we live in uncertain times is an understatement. As always, and even more so now, as the coronavirus (COVID-19) affects our entire world, TEGFCU is committed to your well-being and that of our employees. We want to assure you that we are actively […]
View moreInfo about COVID-19
TEGFCU is committed to safeguarding the health of our members, staff, and volunteers. As we monitor the spread of COVID-19 (Coronavirus), we want to keep you apprised of our actions and policies to keep you protected. COVID-19, aka Coronavirus, is a respiratory illness that was […]
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