Credit union · NCUA insured
TEG Federal Credit Union
A $498M credit union headquartered in Poughkeepsie, NY, with 35,724 members and 9 branches in New York. Best rates: CDs 4.35% and savings 0.15% APY.
TEG Federal Credit Union Carrot Score
85
Carrot Score
Higher than 69% of U.S. banks and credit unions
#6 of 20 in Kiryas Joel, NY metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About TEG Federal Credit Union
TEG Federal Credit Union is a member-owned not-for-profit credit union that has served the Hudson Valley for over 50 years.
- Headquarters
- 1 Commerce St, Poughkeepsie, NY 12603
- NCUA charter
- 19401
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Eligibility is open to individuals who live, work, worship, or attend school in Dutchess, Orange, Rockland, Putnam, Sullivan, Ulster, and Westchester counties.
Family and household
- Membership is open to immediate families of eligible individuals who live, work, worship, or attend school in Dutchess, Orange, Ulster, Putnam, Rockland, Sullivan, and Westchester County, NY.
Other ways
- Business membership is available to eligible businesses in or doing business in Dutchess, Orange, Ulster, Putnam, Sullivan, Westchester, or Rockland County and registered to do business in New York State.
Cost to join
- A minimum deposit of $5 opens the door to credit union membership benefits.
Branches
9 branches in New York
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New York
9 branches
Kiryas Joel area · 8
- Teg FcuMain office1 Commerce St, Poughkeepsie, NY 12603Directions
- Hyde Park Office4282 Albany Post Rd, Hyde Park, NY 12538Directions
- Crystal Run140 Crystal Run Rd, Middletown, NY 10941Directions
- Newburgh Branch16 N Plank Rd Ste 105, Newburgh, NY 12550Directions
- College Center Branch11 Marist Dr, Suite 5, Poughkeepsie, NY 12601Directions
- Beekman Office2540 Route 55, Poughquag, NY 12570Directions
- Wappingers Falls Office900 Route 376, Wappingers Falls, NY 12590Directions
- Wappingers Rt. 91145 Route 9, Wappingers Falls, NY 12590Directions
Kingston area · 1
- Modena1981 State Route 32, Modena, NY 12548Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 8.99% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.52% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.03% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $88 | $76 | — |
- CapitalNet worth ratio8.99%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.52%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.03%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$88Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of TEG Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.