Open a high yield Smart Checking account that earns up to 0.65% APY* which is 9x higher than the national average.' High rates, no monthly service fee and secure online banking. Now that's smart. Whether you're buying, leasing, or refinancing a new or used car, Teachers can help you get to where you're going faster.
Your security is important to us. Scammers are attempting to take advantage of the public's uncertainty during this pandemic, and we want to remind you to be vigilant against fraudulent phone calls, emails and text messages.
Your security is important to us. Scammers are attempting to take advantage of the public's uncertainty during this pandemic, and we want to remind you to be vigilant against fraudulent phone calls, emails and text messages.
Services
Teachers Federal Credit Union's experienced team of professionals can help you establish your business in the region and help it grow. Our team lives and works on Long Island - by knowing the nuances of the region, our Business Development team will put their localized expertise to work on your behalf.
We are committed to providing the smartest guidance to help our members build a strong financial foundation today, for a better tomorrow. What started out 69 years ago as a group of Long Island educators has grown into open membership to include not just teachers, but a diverse group of more than 360,000 members from all walks of life, across the nation.
We offer 32 conveniently located branches near your home, office, or school. All locations offer No Fee ATMs for Teachers' members - plus, you can bank at more than 5,400 Credit Union Service Centers nationwide, including over 50 on Long Island alone. Teachers is even more convenient with over 55,000 Allpoint surcharge-free* ATMs worldwide.
We are financial partners, teachers, and champions of our members' futures. Discover how our personal credit union products and services are designed to meet your needs. Whether you're in the market for a new vehicle loan or planning a road trip in your new RV, we offer a wide range of vehicle financing options to help you get there.
Reviews (10)
Wilmarie
Nov 26, 2021
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Jarret Scantlebury
Nov 23, 2021
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Alex Nunez
Sep 13, 2021
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R. T. Istic
Jan 04, 2021
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Terrible experience with this company. 70+ consecutive on time payments, one late (hello delinquency! bye bye credit!)
This is because their hours of service is not conducive to people working 9 - 5s(literally). The branches closes at 5pm and by 6pm you can't reach them by phone. You try to make a last minute payment online it won't process until the following business day SMH. To top it off they're closed Saturday and Sunday. They need to understand that people are busy and need to be able to have access especially to pay bills. Not everyone has the luxury of being able to set up automatic payments
This is because their hours of service is not conducive to people working 9 - 5s(literally). The branches closes at 5pm and by 6pm you can't reach them by phone. You try to make a last minute payment online it won't process until the following business day SMH. To top it off they're closed Saturday and Sunday. They need to understand that people are busy and need to be able to have access especially to pay bills. Not everyone has the luxury of being able to set up automatic payments
Ty Johnson
Dec 27, 2020
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Mpg Archibald
Dec 15, 2019
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Cynthia Fitzgerald
Sep 28, 2019
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My mother had an account with Melrose CU for years. Once she started losing her memory, I became her POA and had to intervene with her financial affairs. She had 6 CDs at Melrose, each coming due at different times. Without permission from my mother, Melrose took it upon themselves to renew the CDs for another term. When confronted, they claimed that they sent a letter to my mother informing her that she needed to contact them regarding the CDs. My mother had early onset Dementia and whether she truly got the letter or not, she didn't respond. When I intervened, Melrose told me they would have
Boriqua BeBa
Jun 29, 2019
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Steven B.
Sep 24, 2018
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Melrose Credit Union is Dead
This Credit Union has slipped so far it's nothing of its former self. Their new policy of relentlessly hounding members that don't get the mortgage payment on the 15th of the month is unheard of in any other banking institution. If they hold your mortgage then make sure you pay before the 15th or the collection calls will start. Funny thing is even they will admit that the loan isn't even late when they call but they still will demand payment.
This Credit Union has slipped so far it's nothing of its former self. Their new policy of relentlessly hounding members that don't get the mortgage payment on the 15th of the month is unheard of in any other banking institution. If they hold your mortgage then make sure you pay before the 15th or the collection calls will start. Funny thing is even they will admit that the loan isn't even late when they call but they still will demand payment.
Wing Kwan
Nov 27, 2016
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I have never encountered a bank / credit union like this before. It has been two weeks since I submitted an application for membership so I can open share certificate accounts. There are no response even after emails and SMS . I wouldn't open an account with them if this is an indication how my account will be serviced.
