Teachers Federal Credit Union Bank, popular as TFCU bank, is a very reputed and popular financial institution of the United States. It has earned the reputation by offering excellent financial services to numerous people. The best thing about this bank which makes it totally different and better than any other financial institutions is that the TFCU bank is a not-for-profit institution. As a result, the bank offers loans at lower rates, higher dividends on savings, and many such benefits that too for a smaller amount of fees. Unlike other banks, in TFCU bank, people are not considered as mere customers instead they are being treated as a member of the family.
The TFCU bank is serving its members since it was founded in the year 1952. Currently, the bank has more than 221,000 members and around $4 billion in assets, making it one of the largest credit unions of the nation. In total, there are 23 branches of the bank that are located across the US. Plus, there are around 4,450 Credit Union Service Centers among which around 50 are in Long Island. TFCU provides all types of financial services to all natives and businesses situated in Nassau and Suffolk Counties (excluding East Hampton, Southampton and Shelter Island). In order to make banking even more convenient for its members, the bank also offers various banking options such as online banking, mobile banking and telephone banking. Continue reading »