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.
In order to get benefits of wide range of financial services and tools provided by TFCU, all you have to do is to become a member and open an account in the bank. Moreover, the best part is that you can easily open a TFCU Share Savings Account with even a balance of $1. As soon as you become a member, automatically your family members will also become eligible to join TFCU, irrespective of their job or livelihood. It would take hardly few minutes of yours to open an account online. You will be required to provide some important personal info like driver’s license or other ID proof, home address, US social security number, etc.
Online banking is really a very useful feature that allows a member to access his/her account over the internet anytime, anywhere. To enroll in online banking, visit teachersfcu.org and click on the link ‘First Time User’. Then provide some mandatory info such as member number, last four digits of the account holder’s Social Security Number, and birth date. After filling up the form, press the ‘Submit’ Button. Now follow the on screen instructions and choose your user name and password. That’s it. Now you can access and perform numerous tasks online such as view your transaction records, view your accounts and check balances, get your statements, apply for a loan, make payments on loans, transfer cash between accounts, etc.
TFCU Internet Banking Features
TFCU Online Bill Pay:
With this service, you can pay your bills at anytime, no matter its day or night. You can also make use of ‘schedule recurring payment’ option in which your payments will be made automatically. Activation of the service is really simple. Just log in and click on the ‘Free Bill Payer’ button. The Bill payer will make your bill payment by electronic means or by issuing a check on your behalf.
E-Statement online feature allows you to receive your statements online. E-Statements will cover all your monthly statements, transaction activity for deposit, loan account, etc. You will get a notification email when your e-statements are made available for review. To view e-statements, an Acrobat Reader Software (version 5.0 or higher) is necessary. You can recover any of your statements over the period of last 12 months effortlessly. You can also download or take print out of the statements anytime. Just login and select “I prefer E-Statements” from the E-Services menu to activate this feature.
E-Notice is another great feature through which you will get free E-Notice alerts. These alerts would help you in knowing what exactly is going on with your account. The alerts would be sent in the form of emails to your PC and/or as text message directly to your cell phone. You will be alerted of various events like certificates maturing, monthly e-statements availability, deposit account balance, ATM withdrawals, loan account balance, bill payments, etc.
TFCU Online Ordering of Checks:
Through this feature, the bank offers an extremely easy way to order your checks online. Simply login to Online Banking and hit the ‘ORDER CHECKS’ option.
View TFCU Account History:
With the help of an account history, you can view all the transactions that are posted to your account at least over a period of 90 days. Just by selecting the time period on the Account History selection page, you will get all the transactions made in that period. All those transactions that are not cleared yet will be displayed on the history page as ‘pending’.
TFCU Mobile Banking
TFCU bank also offers free mobile banking service for all online banking members. By downloading a mobile banking app into your mobile phone, you can access your bank account anywhere and anytime even while on the go. The mobile app will allow you to perform various important functions like finding an ATM or branch location, transferring funds or sending a P2P, checking your balances and transactions, all in your mobile phone with your finger tips. You can easily activate Mobile Banking by selecting the box of mobile banking during the enrollment process of online banking. If you are already an online member, then choose ‘Mobile Banking’ from ‘Options’ menu on the Online Banking site. Android users can download the app by clicking here.
- Free, easy and safe to use
- Provide access to account anytime and anywhere
- People can open a TFCU Share Savings Account even with $1
- Pay bills online
- Make loan payments
- Receive e-statements and e-notices