2024 Annual Meeting
12 June 2024

Teachers Federal Credit Union Announces New Branch Opening in Revitalized Holbrook Shopping Center

Teachers Federal Credit Union, one of the largest credit unions in the United States with $9.8 billion in assets and more than 460,000 members, is excited to announce the upcoming opening of its newest branch in The Shops at SunVet in Holbrook, New York. Set to open in 2025 as part of the highly anticipated redevelopment of the existing SunVet Mall shopping center, this will be the newest branch Teachers Federal Credit Union opens since expanding its branch presence to Florida last year.

The SunVet Mall, once a landmark in the Holbrook community, is being transformed into a vibrant 168,000-square-foot open-air shopping center, The Shops at SunVet. This major revitalization project will feature an array of retail and dining options, anchored by a new Whole Foods Market. The modernized center aims to provide a dynamic and enjoyable shopping experience for the local community and visitors alike.

“We are thrilled to expand our presence on Long Island and be a part of this exciting new development aimed at revitalizing the Holbrook area,” said Brad Calhoun, President and CEO of Teachers Federal Credit Union. “Selecting The Shops at SunVet for our next branch location underscores our commitment to strategic growth and providing our members with increased convenience and flexibility as they partner with Teachers Federal Credit Union on their financial journeys.”

The new Teachers branch will feature a welcoming and innovative design and provide a full suite of financial services, including personal and business banking, mortgages, auto loans, and financial planning. Members will continue to benefit from the credit union’s commitment to exceptional service, competitive rates, as well as tools and resources needed to make informed financial decisions.  

“Opening our next branch at The Shops at SunVet aligns with our commitment to enhancing the financial well-being of our members and supporting the communities we serve,” added Calhoun. “We are excited to continue to share the value of a Teachers Federal Credit Union membership with more people in New York and across the country.”

For more information about Teachers Federal Credit Union, please visit www.teachersfcu.org.