Financial Do’s and Don’ts During a Pandemic

Counting Piggy Bank Change

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 finances from impending [...]

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Fun Activities to do at Home with Your Kids

Silly Photo

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 to social media [...]

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Beware of Coronavirus Scams

Coronavirus Scams

Scammers are notorious for capitalizing on fear, and the coronavirus outbreak is no exception. Showing an appalling lack of the most basic morals, scammers have set up fake websites, bogus funding collections and more in an effort to trick the fearful and unsuspecting out of their money. The [...]

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Temporary Branch Closure

Branch Update

[vc_row][vc_column][vc_column_text]As the COVID-19 public health situation keeps evolving, we would like to thank you for your flexibility and patience during this time as we respond to the latest updates. Please be aware that we will be temporarily closing our Beekman branch, effective Wednesday, March 25, 2020. The ATM [...]

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Support Small Local Business

Think Local First

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 #ThinkLocalFirst and support [...]

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Credit Union Philosophy

Three hands interconnected with the verbiage Credit 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 picking up items [...]

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Man Writing on Papers Skip A Pay

[vc_row][vc_column][vc_column_text]In light of the Coronavirus pandemic, TEG has decided to take a proactive approach in helping our membership who may be impacted by the virus. We will be offering a loan skip-a-pay program at no cost to our members who qualify. Certain loan types are excluded. Members will [...]

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Lobby & Hour Changes

[vc_row][vc_column][vc_column_text]As the COVID-19 public health situation keeps evolving, we assure you that TEG is doing our part to take care of our members and our team. We want to make you aware of the temporary changes that we are implementing. Lobby & Change in Hours Effective Friday, March [...]

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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 our staff and [...]

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COVID-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 monitoring the virus’ [...]

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Info about COVID-19

Coronavirus particle

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 initially identified in [...]

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TEG Scholarships Available

Roll of money with a graduation cap on.

The scholarship is named in honor of Joyce A. Betros, one of the founding members of the TEG Board of Directors and its scholarship program. Ms. Betros, a dedicated educator, spent 37 years as a teacher in the Wappingers Central School District. She retired from the TEG Board [...]

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Beware – Buy Smart When It Comes to Facebook Ads

Scam Alert

We have recently seen an uptake of debit card scams regarding items purchased through Facebook ads. While a few real companies do advertise, don’t trust everything you see on Facebook. If you are interested, it is always a good idea to practice your due-diligence research before making a [...]

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Timing Your Car Shopping

Couple driving

The year is getting nearer to the end. With such finality in view, how do we pass the time? How do we shift our thoughts to distract ourselves from another year gone by? A new car! Below you’ll find the best times to go car shopping to help [...]

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TEG Retirement & Advisory Services – Light at the End of the Brexit Tunnel

Light at the end of the Brexit Tunnel

The debate over the United Kingdom’s (U.K.) withdrawal from the European Union (EU), or Brexit, is reaching another milepost in what could be an action-packed week. Talks between the U.K. government and the EU have entered “tunnel” negotiation mode, in which all details of behind closed doors talks [...]

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TEG Retirement & Advisory Services – Essential Tax Tips for IRAs

Essential Tax Tips

Woe to the taxpayer who runs afoul of the numerous and confusing IRA rules. There are forms to file, contributions to make, distributions to take, and penalties to avoid. While corrections are possible, it’s best to avoid mistakes in the first place. Here’s what you need to know. [...]

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TEGFCU Retirement & Advisory Services- Can The Economy Predict The Next President?

Economy predicting president

“The economy, stupid” — Phrase campaign strategist James Carville used to help Bill Clinton get elected in 1992. As Carville noted ahead of the 1992 election, the recession in 1990 and 1991 was top of mind for many voters as they headed to the polls to vote for [...]

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TEG Retirement & Advisory Services – The Sandwich Generation: Juggling Family Responsibilities

The Sandwhich Generation: Juggling Family Responsibilities

At a time when your career is reaching a peak and you are looking ahead to your own retirement, you may find yourself in the position of having to help your children with college expenses while at the same time looking after the needs of your aging parents. [...]

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TEG Retirement & Advisory Services – 10 Terms Every Investor Should Know

10 Terms Every Investor Should Know

If you're new to investing, you may encounter some unfamiliar jargon. Understanding the following terms may help you become a more confident investor. Portfolio An investment portfolio is a collection of investments owned by an individual or an institution. Typically, a portfolio comprises a mix of asset classes [...]

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TEG Retirement & Advisory Services – Cracking the Nest Egg: When Accumulation Becomes Distribution

Cracking the Nest Egg: When Accumulation Becomes Distribution

It’s a big transition when you leave the workforce to live off your savings, requiring an attitude adjustment in both you and your advisor. Here are the issues to consider when time, compounding, and conventional investment principles no longer work in your favor. Retirement planning is easy during [...]

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