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Teg Credit Union Share
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Overview Share
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Teg Credit Union is a federal credit union based in Poughkeepsie, New York. It has been opened since 1969, for 53 years.

With around $290,660,000 in assets, Teg Credit Union is considered to be a very large credit union. It has 8 branches and 7 ATM locations.

About Share
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Address 1 Commerce Street
Poughkeepsie, New York 12603
Website http://TEGFCU.COM
Phone (845) 452-7323
CEO Ronald A. Flaherty
President of the Board Walter Behrman
Services Offered
Score Card Share
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53 years
Years in business
Opened in 1969
Well Capitalized
Net worth classification
Source: NCUA
33,385 members
Membership type: Community credit union
Above average number of members
301:1
Credit union member to staff ratio
301 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$290,663,974
Total assets
Above average
8 branches
Compared with an average of 4 nationally and 3 in New York
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
10.63%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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8 branches
Compared with an average of 4 nationally and 3 in New York
Above average number of branches
Teg Credit Union Branch Locations

Teg Credit Union: Wappingers Rt. 9
1145 Route 9
Wappingers Falls, New York 12590
ATM Available
Teg Credit Union: College Center Branch
11 Marist Drive
Suite 5
Poughkeepsie, New York 12601
ATM Available
Teg Credit Union: Wappingers Falls Office
900 Route 376
Wappingers Falls, New York 12590
ATM Available
Teg Credit Union: Beekman Office
2540 Route 55
Poughquag, New York 12570
ATM Available
Teg Federal Credit Union
1 Commerce Street
Poughkeepsie, New York 12603
ATM Available
Teg Credit Union: Crystal Run
140 Crystal Run Road
Middletown, New York 10941
No ATM
Teg Credit Union: Newburgh Branch
16 North Plank Road Suite 105
Newburgh, New York 12550
ATM Available
Teg Credit Union: Hyde Park Office
4282 Albany Post Road
Hyde Park, New York 12538
ATM Available
Members Share
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33,385 members
Membership type: Community credit union
Above average number of members

With 33,385 members, the Teg Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 88% of credit unions.

Fees Share
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$70
Average fee per member
The average fee per member at the Teg Credit Union is $70, which is high compared to most credit unions. This rate is higher than 66% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Teg Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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301:1
Credit union member to staff ratio
301 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
111 staff members
FTE (full-time equivalent)
5% of employees are part-time
108 full-time, 6 part-time

Teg Credit Union has 108 full-time staff members and 6 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 95% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Teg Credit Union has around 301 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets Share
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$290,663,974
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
8.3%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$14,959
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 80% of credit unions.

Teg Credit Union holds a total of $214,960,000 in loans and leases, which is about $14,959 per member on average.

Savings interest rate Share
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0.10%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Teg Credit Union pays 0.10%.

Loan rates Share
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10.63%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
11.96%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
6.64%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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6.23%
New car loan rate
Compared to 4.0% nationally
6.70%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.65%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
5.15%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Similar Credit Unions to Teg Credit Union

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Teg Credit Union: College Center Branch
Credit Union Branch: 11 Marist Drive
Suite 5
Poughkeepsie, New York 12601 ATM Available
Teg Credit Union: Wappingers Falls Office
Credit Union Branch: 900 Route 376
Wappingers Falls, New York 12590 ATM Available
Teg Credit Union: Newburgh Branch
Credit Union Branch: 16 North Plank Road Suite 105
Newburgh, New York 12550 ATM Available
Teg Credit Union: Wappingers Rt. 9
Credit Union Branch: 1145 Route 9
Wappingers Falls, New York 12590 ATM Available
Teg Credit Union: Crystal Run
Credit Union Branch: 140 Crystal Run Road
Middletown, New York 10941 No ATM
Teg Credit Union: Beekman Office
Credit Union Branch: 2540 Route 55
Poughquag, New York 12570 ATM Available
Teg Federal Credit Union
Credit Union Branch: 1 Commerce Street
Poughkeepsie, New York 12603 ATM Available
Teg Credit Union: Hyde Park Office
Credit Union Branch: 4282 Albany Post Road
Hyde Park, New York 12538 ATM Available
Teg Credit Union: Wappingers Falls Office ATM
Credit Union ATM: 900 Route 376
Wappingers Falls, New York 12590
Teg Credit Union: Beekman Office ATM
Credit Union ATM: 2540 Route 55
Poughquag, New York 12570