Branch History & Mission
At Teachers, we have a proud history that stretches back to our founding in 1952. Located at 118 Wheeler Rd, Central Islip, NY 11722, our branch has been a steadfast part of this community for decades. From our humble beginnings, we've grown into a trusted financial partner for over 476,608 members. With assets totaling an impressive $9,817,494,290, we are committed to providing valuable financial services while promoting community well-being. Our mission is simple yet profound: to empower our members with the tools they need to achieve their financial goals while fostering a spirit of cooperation and support within the communities we serve. We believe that everyone deserves access to quality financial services, and we work hard to ensure that our offerings meet the diverse needs of our members. Whether it's personal banking solutions like checking and savings accounts or financing options such as auto loans and mortgages, we are here to help. While members can visit us at 118 Wheeler Rd, official correspondence should be sent to PO Box 9005, Smithtown, NY 11787. We pride ourselves on being accessible and responsive; thus, we offer various ways for you to connect with us. You can reach us at 631-698-7000 during our operating hours: Monday through Thursday from 9:00 AM to 5:00 PM, Friday from 9:00 AM to 6:00 PM, and Saturday from 9:00 AM to 2:00 PM. In addition to traditional banking services, we embrace modern technology by providing online and mobile banking options for your convenience. Our commitment extends beyond just banking; we're dedicated to community outreach efforts that make a positive impact on local lives. Through partnerships with schools and other organizations, we strive to contribute meaningfully to the neighborhoods around us. We also understand the importance of accessibility in banking; that's why we provide ATM availability and drive-thru services for added convenience. Our shared service center further allows members of partner credit unions access to essential transactions right here at Teachers. As we look toward the future, our goal remains clear: to continue growing alongside our community while offering innovative financial solutions tailored for you. We invite you to join us at Teachers and experience firsthand the benefits of being part of a credit union that truly cares about its members. Together, let's build a brighter financial future!
Financial Strength
At Teachers, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to highlight our strong financial foundation, which reflects our commitment to serving you with confidence. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $984,894,945, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 9.99% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $3,162,706,487 in share certificates and $1,744,714,636 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $219,569,446, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $940,482,871 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $33,275 in used auto loans and $6,294,741,296 in total loans and leases. Although our recorded net income is $25,290,329, this shows our operational efficiency and enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 839 full-time employees and 28 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Teachers is your trusted partner. Visit us at 118 Wheeler Rd Central Islip Ny 11722 or call (631) 698-7000 to learn more about how we can help you achieve your financial goals.
