TFCU Continues Year of Strong Growth with Opening of its 31st Branch in East Meadow
January 28, 2019
TFCU’s new high-tech state-of-the-art branch, the credit union’s 31st to open in 2018, brings credit union banking service to members in central Nassau County
Hauppauge, NY/East Meadow, NY, January 28, 2019 – Teachers Federal Credit Union (TFCU), one of the country’s largest credit unions with over 320,000 members, has opened its 31st branch in East Meadow, New York. The branch is located at 2557 Hempstead Turnpike and features high-tech member-focused services. This new branch opening highlights a year of record growth and expansion for TFCU, which included the acquisition of three credit unions, Nikon Employees/ Projector Federal Credit Union, Melrose Credit Union and LOMTO Credit Union. In 2018, TFCU opened six branches, including Center Moriches and Kings Park on Long Island and three in New York City as part of the acquisitions of Melrose Credit Union and LOMTO Credit Union. The credit union now has branches from Manhattan in New York City to Riverhead on the East End of Long Island.
“This has been a monumental year for TFCU, we have added 40,000 members, over $1 billion in assets and six branches. This state-of-the-art branch provides our members with greater in-person access to staff who are always available to answer questions, provide support for transactions and identify the right accounts as well as financial products. We selected East Meadow for a branch because it is in the heart of Nassau County and in a community where we have a growing number of members,” said Robert G. Allen, President/CEO of TFCU.
The East Meadow branch is in a visible location on Hempstead Turnpike and less than a mile from the Nassau County Medical Center. The branch was designed in keeping TFCU members’ banking and service needs in mind. Teachers Federal Credit Union is committed to opening locations that are convenient for members as well as offering best-in-class mobile and online banking services. The East Meadow branch staff of five full-time professionals are providing members and local residents with comprehensive banking and lending services convenient to their homes and places of business.
The East Meadow branch’s hours of operation are Monday, Tuesday, Wednesday, Thursday 8:30 a.m. to 4:30 p.m., Friday from 8:30 a.m. to 6:00 p.m. and Saturday from 8:30 a.m. to 2:00 p.m. The branch also offers free coin machine service for members and 24/7 ATM services.
Today, virtually anyone can be a member of TFCU. With more than $7 billion in assets, TFCU is one of Long Island’s leading employers with over 700 locally based employees. For more information about TFCU products and services, please call (631) 698-7000 or visit www.TeachersFCU.org.
Teachers Federal Credit Union (TFCU), one of the country’s largest credit unions, is a full-service, not-for-profit financial institution. TFCU was founded on Long Island in 1952 and now has over $7 billion in total assets, serves more than 320,000 members and has 31 full-service branches throughout Long Island, Queens and Manhattan, including: Amityville, Bay Shore, Briarwood (Queens), Brookhaven National Laboratory, Center Moriches, Central Islip, Commack, East Meadow, East Northport, Farmingville, Hauppauge, Holbrook, Huntington, Kings Park, Manorville, Merrick, Nesconset, North Babylon, North Massapequa, Oakdale, Patchogue, Port Jefferson Station, Riverhead, Riverside (Manhattan), Rocky Point, Selden, Shirley, Smithtown, South Setauket, Wading River and Woodside (Queens). Members also have access to services at more than 5,000 shared service centers located across the country. TFCU offers a full array of personal and commercial financial services to everyone. More information about TFCU is available by visiting www.teachersfcu.org or by calling (631) 698-7000.