Shred it, Don’t Regret it!

FREE SHREDDING EVENT

​Help protect your identity by bringing your personal documents to our shred event! Please Join Us:Saturday, October 109 am - 12 pm1 Commerce St, Poughkeepsie NY 12603 In an effort to keep everyone safe and informed, we will follow social distancing protocols. Masks Required and Social Distancing Strictly [...]

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Annual Meeting 2020

2019 Annual Report Cover

Our 51st Annual Meeting was held on Thursday, August 27, 2020. You can view the live recording of our Annual Report and the Chairman of the Board’s Message in the video below! You can view a copy of the 2019 Annual Report here. TEG Federal Credit Union's Annual [...]

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How Can I Protect Myself from Payment App Scams

Man leaning against bicycle on his cell phone

Q: I love the convenience of payment apps, like Cash App and Venmo, but I’ve heard there’s been an increase in scams being pulled off within these apps. How can I continue to use my payment apps without compromising my safety? A: Payment apps offer users the ability [...]

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4 Ways to Celebrate National Financial Awareness Day

Sprouts growing out of coin money stacks

With all the uncertainty and financial ups-and-downs this year has given us, it’s important we take a step back and reevaluate, reassess, and regroup. Financial awareness means different things to different people. For some, it comes with the awareness and monitoring of a savings or nest-egg balance. For [...]

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5 Back to School Apps for Parents and Students

Back to School Apps

The new 2020 school year is just around the corner and whether your kids are getting ready for another round of remote schooling via Zoom or they’re packing their backpacks with face coverings and hand sanitizer for in-person classes, there’s at least one app to help get the [...]

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IRS Reveals List of “Dirty Dozen” Tax Scams for 2020

IRS Dirty Dozen Scams

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 course it’s loaded [...]

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Your Guide to Using Credit Cards

Complete Guide to Using a Credit Card

Q: I’d love to improve my credit score, but I can’t get ahead of my monthly payments. I also find that my spending gets out of control when I’m paying with plastic. How do I use my credit cards responsibly? A: Using your credit cards responsibly is a [...]

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How to Read a Paystub

How to Read Your Paystub

Having your paycheck directly deposited into your checking account can be super-convenient, but it can also lead to being unfamiliar with your paystub. It’s important to review your paystub occasionally to check for possible errors and review the deductions, as your accountant suggests. No worries, though, we’re here [...]

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Life Lessons Learned During the COVID-19 Pandemic

Using an alternative greeting during the covid 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 semester and blockbuster [...]

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My Savings has Been Wiped Clean; How can I Replenish it?

Hand holding a pen typing on calculator

Q: The last few months have been really tough on my finances, and I’ve been forced to use my savings for getting by. My emergency fund and savings account are basically zero. Now that my financial situation is starting to improve, I’d like to start building these up [...]

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How to Create and Keep Strong Passwords

Person on Laptop with Transparent Lock

Your passwords are the keys to your life. And when it may feel like there’s another big security breach every other week, you want to be sure your passwords are strong and safe. Below are 6 steps for super-strong passwords that will keep scammers guessing. Step #1: Choose [...]

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5 Ways to Pay off a Loan Early

5 Ways to pay off a loan early

If you’re like most Americans, you probably owe money toward a large loan. Whether that means carrying thousands of dollars in credit card debt, having a hefty mortgage in your name or making car loan payments each month, loan debt is part of your life. This means you’re [...]

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7 Ways You Can Use a Personal Loan This Summer

7 Ways to enjoy a personal loan this summer

Summer is a time for fun and excitement, but it can also be super expensive. Before you start swiping the plastic for everything under the sun, we recommend considering a personal loan to stay within your budget. At TEG, the application process is smooth and quick. We also offer [...]

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TEG Retirement & Advisory Services- Webinar: Financial Wellness

Financial Wellness Webinar

Please join us on Thursday, June 25th for a conversation on Financial Wellness: Guidance for Each Stage of Life. Thursday, June 25, 2020 2:00 PM Featuring Jackie Wilke, Advisor Consultant Join us with special guest, Jackie Wilke, Advisor Consultant at First Trust Portfolios L.P.. With her focus on [...]

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How to Create a Budget in 6 Easy Steps

How to Create a Budget

If you’re always wondering how you’re going to pay the next bill, feel guilty when you indulge in overpriced treats and you can’t seem to find money to put into savings, then you probably need a budget. A budget is not a magic potion that will automatically solve [...]

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Why Does my Credit Score Matter?

Why is my credit score important?

Your credit score is made up of three numbers, serving as an indicator of your financial history, wellness and responsibility. These three little numbers can spell the difference between approval and rejection for a mortgage, a job, a rental unit and so much more. We have outlined how [...]

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All You Need to Know About Student Loan Changes During COVID-19

Student Loans during covid

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 of these changes. [...]

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Creative Ways to Save on Energy Costs

Saving on Energy Cost

[vc_row][vc_column][vc_column_text] Summertime electricity bills making you sweat? Take the heat off with these hacks: Rethink your roof – Is your roof wearing black in ninety-degree weather? Install a sunlight-reflecting “cool roof” and reduce your roof’s temperature by up to 60 degrees. You’ll slash your AC use by 20%! [...]

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7 Apps to Download this Summer

7 Apps to Download this summer

It is no surprise that Summer 2020 will be unlike any other.  We’ll be packing face masks along with our sunscreen and picking up our favorite takeout dinners to-go instead of sitting down in a busy restaurant on a Friday night. Things may be different this year, but [...]

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Celebrate Your Grad Facebook Contest!

Show off your grad for a chance to win

Celebrate your Grad and Win a $25 Visa Gift Card! Two Easy Steps to Enter:1. Like 👍 our Facebook page and2. Comment with a picture of your high school or college graduate that you’d like to shout out! The contest runs June 15th through June 21st. All entries [...]

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