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, [...]
View MoreFixed 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 [...]
View MoreAs 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 [...]
View MoreTEG Federal Credit Union will award three $1,000.00 scholarships to graduating high school seniors who have demonstrated academic achievement and community service throughout their high school careers. From time to time TEG may, at its own discretion, add a fourth $1,000 scholarship to be awarded to a student [...]
View MoreIt'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, [...]
View MoreMoney 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 [...]
View MoreInternational 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 [...]
View MoreHelp 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 [...]
View MoreOur 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 [...]
View MoreQ: 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 [...]
View MoreWith 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 [...]
View MoreThe 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 [...]
View MoreEach 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 [...]
View MoreQ: 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 [...]
View MoreHaving 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 [...]
View MoreIf 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 [...]
View MoreQ: 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 [...]
View MoreYour 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 [...]
View MoreIf 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 [...]
View MoreSummer 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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