Member Assistance Programs
As one of the nation's largest credit unions, with more than $9.7 billion in assets, Teachers is committed to guiding our more than 460,000 members toward building a strong financial foundation today for a better tomorrow. When our members face difficult times, they can count on our financial strength and the dedicated assistance of our team to help them navigate their journey.
If you are experiencing financial hardship and are seeking assistance, Teachers will work with you to identify the best possible solution based on your individual circumstances.
Ways We Can Help
Faculty & Staff Relief Loans
To help support the NYSED K-12 faculty and staff who have been impacted by layoffs, Teachers offers a personal loan of up to $5,000, with the first payment deferred for three months.
Apply today and enter code: RELIEF in the Purpose field. You will be asked to provide proof of impacted status to be eligible for assistance.
Apply Now
Mortgage Loans
If you are facing a challenge making mortgage payments, we will determine if you qualify for temporary or long-term relief.
Consumer Loans
If you are unable to make loan payments, we will determine if you qualify for an extension on collateral and personal loans, or reduced payments on the Teachers Advantage Line of Credit.
Depending on your loan type, the following payment assistance options may be available:
- Repayment Plan
- Extension
- Reduced Payments
- Modification
Next Steps
To get started, please complete the form below. A Teachers financial expert will reach out to help guide you through the application.
If you have questions about financial hardship assistance, we can be contacted at 1-800-341-4333 ext. 1675. For mortgage loan assistance, press 1, or for consumer loan assistance, press 4.