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It's almost time for kids to head back to school. Let's help ensure that every student has the basic supplies they need to succeed! At TEG FCU, we feel it is both an honor and privilege to give back to the communities we serve. After all, "people helping [...]

Please be aware of a phishing telephone scam that some credit unions across the country are reporting more frequently. Members are receiving phone calls from fraudsters posing as a credit union employee, who tell them that their account has been compromised or that their credit/debit card will be [...]

With online shopping becoming increasingly popular for people this year, the Better Business Bureau warns that scammers are using the name of popular retail companies to steal individual’s money and information. The “2020 BBB Scam Trackers Risk Report” found that online purchase scams made up 38.3% of all [...]

Personal loans can be a useful way to obtain extra money when you need it. For example, if you run into an emergency, you might not have the funds available to meet your needs. If you’re planning a large life event like a wedding, you may want a [...]

Saving more on your mortgage doesn’t need to be difficult. Backed by historically low rates and community-based member service, refinancing your home mortgage with TEG FCU has never been easier! 1. To take advantage of lower interest rates Refinancing a home loan with a lower mortgage rate can [...]

Sign up for e-Statements and get $10 Plus get entered to win one of five $500 prizes We at TEG Federal Credit Union don’t want you to get e-Statements because it’s green. Saving trees and time is a great reason for you to want to get e-Statements. The [...]

Sometimes you need a bit of extra cash. Maybe you’ve run into an emergency or want to finance a major life event. Or perhaps you want to consolidate debt to avoid exorbitant interest rates. Regardless, sometimes you need to preserve your savings and cover additional costs. This is [...]

Our 52nd Annual Meeting was held on Thursday, March 25, 2021. You can view the live recording of our Annual Meeting and the Chairman of the Board’s Message in the video below! You can view a copy of the 2020 Annual Report here.

Personal loans are an excellent tool for debt consolidation, making home improvements, buying big-ticket items, and covering unexpected expenses. Personal loans are one of the most versatile loans because you can spend the money on your terms. Still, if you have a personal loan, you might not be [...]

If you need to borrow money to make a major purchase, should you apply for a credit card? Or is a personal loan the better option? If you ask a credit union rep, they’ll say the answer depends on several factors, including interest rates, the amount of your [...]

This checkup covers all the important aspects of your life: family, goals, business or work, health, money, estate, retirement, and your future. It can help you identify those areas that could use some attention. After you've finished the checkup, taking steps now to improve your financial fitness could [...]

Personal loans are an extremely versatile financial tool. However, many borrowers aren’t sure how much personal loan they can get. Every financial situation is unique. Plus, many factors go into how much you can borrow. Understanding some quick and easy basics will give you an idea of how [...]

What is a “want?” And what is a “need?” While everyone has their own wants and needs, being able to differentiate between the two can be difficult. Being able to clearly define each can help you improve your savings, which can help you build up an emergency fund, [...]

  Fixed expenses, variable expenses, and irregular expenses are the three categories that make up your budget, and are vitally important when learning to manage your money properly. When you’ve committed to following a budget, you must know how to put your plan into action. Here we outline [...]

As you prepare to pack up holiday decorations and say goodbye to an unprecedented year, don’t close the book on this year just yet. Set yourself up for success by reviewing your finances before January 1. Grab your favorite mug, fill it with hot chocolate, snuggle up by [...]

Thank you to everyone who submitted a 2021 Joyce A. Betros Scholarship Application, the program is now closed. Congratulations to our winners: Gabriella Faircloth and Madison Hoffmann from John Jay Senior High School and Eva Cassidy from Arlington High School. TEG Federal Credit Union will award three $1,000.00 [...]

It's never too early to learn how to handle your money. Imagine if your child were suddenly about to move out but never learned how to manage an income. The things kids need to now about finances are not that different than what adults need to know. However, [...]

Money transfer apps including Cash App, Zelle, and Venmo have gained popularity during the pandemic as people seek contactless ways to exchange money. These Peer-to-Peer (P2P) payment platforms make it convenient to send someone money directly from your linked checking account. Unfortunately, they also can be an easy [...]

International Credit Union (ICU) Day celebrates the spirit of the global credit union movement. Today is recognized to reflect upon the credit union movement's history, promote its achievements, recognize hard work and share member experiences. International Credit Union (ICU) Day has been celebrated on the third Thursday of [...]

Fraud and identity theft are becoming an epidemic in our communities and to raise awareness and to promote prevention, we are hosting a FREE shred event for you, our members. This event will give you the opportunity to have your confidential documents destroyed on site at our Commerce [...]