Teg Credit Union Newburgh NY | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Teg, your trusted financial partner right here in the heart of Newburgh, NY. Located at 16 N Plank Rd Ste 105, we have proudly served our community since 1969, helping our members achieve their financial goals with integrity and care. With a total membership of 36,367 and total assets reaching an impressive $453,950,010, we are committed to providing personalized banking solutions that fit your unique needs. At Teg, we believe that strong community ties build a better future for everyone. We understand the challenges you face when managing finances, which is why we offer a variety of services including checking and savings accounts, auto loans, mortgage refinancing, and credit cards with rewards. Our dedicated team of 119 employees, led by our CEO Ronald Flaherty and Board President Walter Behrman, is always ready to assist you with any questions or concerns you may have. While you can visit us at our Newburgh branch for in-person assistance, we also offer convenient online and mobile banking services to ensure you can manage your accounts anytime, anywhere. For official correspondence, please use the same address: 16 N Plank Rd Ste 105, Newburgh, NY 12550. With total deposits of $21,770,814 and a net worth of $39,134,217, Teg stands as a pillar of strength in our community's financial landscape. We invite you to explore how our extensive range of products can help you navigate your financial journey with confidence. Ready to take the next step? Call us at 845-452-7323 or visit our website at TEGFCU.COM today! Your financial success starts here!

Branch History & Mission

Community Commitment

We recognize that being part of the community means more than just providing financial services; it involves giving back. Teg actively participates in various community outreach programs aimed at supporting local schools, charities, and initiatives focused on economic development. By partnering with organizations in Newburgh and beyond, we work diligently to make a positive impact on those around us. As we continue to grow and adapt in an ever-changing world, we invite you to join Teg as a member. Experience firsthand the benefits of being part of an institution that cares deeply about its community and its members' financial well-being. Together, let's build a brighter future for all. For more information or to become a member today, please visit our website or call us at 845-452-7323. Join us at Teg where your financial success is our priority!

Our Mission

At Teg, our mission is centered around not only providing top-notch financial services but also uplifting our community through active support and outreach initiatives. We believe in building strong relationships with our members based on trust and transparency. Our services are designed to cater to diverse needs from everyday banking to significant life purchases ensuring that everyone has access to the resources they need for financial success. In addition to traditional banking services, Teg embraces modern technology to enhance member experience. We offer online and mobile banking options that allow for easy account management from anywhere. Our ATM availability ensures that you have access to your funds when you need them most.

Branch Location & Accessibility

Banking Services

Here at Teg, we offer a variety of services tailored just for you. From personal checking and savings accounts to auto loans and mortgage refinancing, we've got everything covered. You can also enjoy online and mobile banking services that let you manage your finances anytime, anywhere. And if you're looking for cash withdrawals or balance checks, our ATM is always available for your convenience. While members can visit us at 16 N Plank Rd Ste 105 for all their banking needs, official correspondence should be sent to the same address as our mailing address: 16 N Plank Rd Ste 105, Newburgh, NY 12550.

Convenient Access

At Teg, we understand that accessibility matters. Our branch features ADA-compliant facilities, ensuring everyone can enjoy a comfortable visit. Plus, ample parking is available right outside our doors, so you can hop in and out without hassle. If you prefer to bank from your vehicle, take advantage of our drive-thru service, which allows for quick transactions like deposits and withdrawals.

Get In Touch

Have questions? Feel free to give us a call at 845-452-7323. Our friendly team is eager to assist you with any inquiries or concerns you may have. We invite you to visit us soon at Teg, we're committed to providing an enjoyable banking experience tailored just for you!

Operating Hours

We want to be there when you need us! Our lobby hours are designed with your schedule in mind: Monday through Thursday from 9 AM to 5 PM, Friday from 8 AM to 6 PM, and Saturday from 9 AM to 2 PM. These hours provide flexibility for busy lifestyles while ensuring you have access to our dedicated staff ready to assist with all your financial questions.

Member Eligibility

At Teg, we believe that everyone deserves a chance to be part of our welcoming community. Becoming a member is simple and open to individuals who live, work, worship, or attend school in the areas we serve. Whether you're looking for personal banking options or business services, joining us means you're not just getting an account; you're gaining access to a network of support and tailored financial solutions designed with your needs in mind. For the most current eligibility criteria, feel free to explore more at https://www.tegfcu.com/personal-membership/ . Ready to take the next step? Opening an account at Teg is as easy as pie! Just visit us at our location at 16 N Plank Rd Ste 105 Newburgh Ny 12550, or give us a call at (845) 452-7323 for assistance. We're here to help guide you through every step of the process. Your journey towards better financial health starts here!

Business Banking & Commercial Services

Commercial Loans

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $147 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $47,904,762, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we offer comprehensive merchant services that simplify payment processing. Imagine being able to accept payments from customers easily, whether they're using credit cards or mobile payments. This convenience not only enhances customer satisfaction but also streamlines your operations. Visit us at 16 N Plank Rd Ste 105 Newburgh Ny 12550 in Newburgh, NY, or give us a call at (845) 452-7323 to learn how our business banking solutions can help you thrive!

Comprehensive List Of Services

Convenient Digital Banking

In today's fast-paced world, convenience is key. That's where our online and mobile banking services come in handy. Easily check balances, transfer funds, and pay bills from the comfort of your home or on the go. We also offer ATM access for quick withdrawals and balance checks, making it simple to manage your cash flow.

Credit Cards and Business Banking

Reward yourself with our credit cards with rewards program! It allows you to earn points on your purchases that can be redeemed for exciting benefits. For local businesses, we provide comprehensive business banking services, including merchant services and business loans, helping you grow and succeed in today's competitive market.

Drive-Thru & ATM Services

Sometimes, you just need to get in and out quickly. Our drive-thru banking offers basic services like deposits and withdrawals without leaving your car. Plus, our ATMs are available for convenient cash withdrawal services whenever you need them. At Teg, we pride ourselves on being more than just a credit union; we are a community partner focused on supporting our members' financial goals. Whether you're opening your first account or seeking advice on business financing, we're here for you every step of the way. To learn more about how we can assist you or to open an account today, visit us online at Newburgh Branch or call us at (845) 452-7323. Experience the difference with Teg your trusted financial partner!

Personal Banking Solutions

Managing your money should be easy and straightforward. That's why we offer various checking and savings accounts tailored to fit your lifestyle. Our accounts come with features that help you keep track of your finances effortlessly. If you're considering buying a vehicle, our auto loans and vehicle financing options provide competitive rates and flexible terms, ensuring you find the right fit for your budget. For those looking to purchase a home or refinance an existing mortgage, our mortgage loans and refinancing services guide you through the process with ease. We understand that life can bring unexpected expenses; that's why we also offer personal loans and debt consolidation solutions designed to give you peace of mind.

Digital & Online Banking

Key Features

We believe in providing modern solutions for today's busy lifestyles. For instance, our electronic signature authorization allows you to sign documents digitally, saving you time and hassle. You can also opt for e-statements, making it simpler to track your finances without the clutter of paper statements. When it comes to payments, we've got you covered. Our mobile payments feature lets you make purchases directly from your phone no wallet needed! Additionally, with person-to-person transfers, sending money to friends or family is a breeze. At Teg, we prioritize security along with convenience. Our systems are built with robust security measures to protect your personal information so you can bank with peace of mind. Whether you're checking in on your savings or making a quick payment, our digital banking tools are here to support you every step of the way. Experience the ease and accessibility of managing your finances with us today!

Financial Strength

A Growing Community

We are proud to report that we have a total of 62,061 share accounts. This number reflects the trust our growing member base has placed in us as their financial partner. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Teg is your trusted partner. Visit us at 16 N Plank Rd Ste 105 Newburgh Ny 12550 or call (845) 452-7323 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.*

Commitment to Growth

With $39,134,217 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 your financial goals across various sectors with $5,883 in used auto loans and $354,523,909 in total loans and leases.

Efficient Operations

Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 119 full-time employees ready to serve you with a knowledgeable, committed team.

Member-Centric Savings

Members' savings are secured through $107,484,914 in share certificates and $59,946,164 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $1,358,664, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Solid Financial Health

With a net worth of $39,134,217, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $862 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $80,495,562 in used vehicle loans and $14,284,962 in new vehicle loans already helping members get on the road. We provide financing options for both new and used vehicles, ensuring that you can find the right loan for your next ride.

Business Loans

For business owners, our outstanding commercial loans totaling $47,904,762 provide the capital needed to grow and expand. We understand the challenges that come with running a business and are here to support your entrepreneurial journey.

Credit Cards and Personal Loans

We also offer flexible terms on unsecured credit card loans, with a total of $8,522,795 in loans helping members manage their finances effectively. Whether you're looking to consolidate debt or make a large purchase, our personal loan options can provide you with the funds you need without breaking the bank.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $21,059,254, make buying or refinancing simple. We aim to assist you every step of the way, making the home-buying process as smooth as possible.

Refinancing Options

If you're considering refinancing any existing loans, we encourage you to reach out. We offer various refinancing options tailored to your needs, which could lead to lower monthly payments or better interest rates. At Teg, we are committed to providing transparent and reliable service. For more information about our loan products or eligibility requirements, please visit us at https://www.tegfcu.com/ or give us a call at (845) 452-7323. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Explore our loan offerings today and take a step towards achieving your financial aspirations!

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TEG FEDERAL CREDIT UNION