Sep, 30, 2025 — TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in HAUPPAUGE, NY with 32 branch locations and about $9.90 billion in total assets. Opened 74 years ago in 1952, TEACHERS FEDERAL CREDIT UNION has about 484,208 members and employs 894 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 102 Motor Pkwy HAUPPAUGE, NY 11788 |
| Phone: | (631) 698-7000 |
| Fax: | |
| Website: | https://www.teachersfcu.org |
| Branches: | 32 branch locations |
| Members: | 484,208 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8116 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $9,899,488,278 |
| CEO/Manager: | Brad C Calhoun |
| Chairperson: | TIMOTHY SOUTHERTON |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 651,298,021 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 3,536,322 |
| Real Estate Loans | 3,568,011,221 |
| Unsecured Loans | 478,434,547 |
| Other Loans | 1,577,072,089 |
| TOTAL LOANS | 5,623,563,019 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -96,548,541 |
| Land And Building | 53,867,717 |
| Other Fixed Assets | 59,271,644 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 73,713,885 |
| All Other Assets | 652,345 |
| TOTAL ASSETS | 9,899,488,278 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 313,375 |
| Notes & Interest Payable | 543,750,000 |
| Accounts Payable & Other Liabilities | 119,482,197 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,085,565,473 |
| Regular shares | 1,410,121,515 |
| All Other Shares & Deposits | 5,714,382,995 |
| TOTAL SHARES & DEPOSITS | 8,210,069,982 |
| TOTAL LIABILITIES | 8,873,754,365 |
| Regular Reserve | 0 |
| Other Reserves | -12,672,289 |
| Undivided Earnings | 1,038,406,202 |
| TOTAL EQUITY | 1,025,733,913 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,899,488,278 |
| INCOME & EXPENSE | |
| Loan Income | 270,442,322 |
| Investment Income | 91,777,328 |
| Other Income | 10,967,873 |
| Total Employee Compensation & Benefits | 75,315,063 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 79,898,859 |
| Non-operating Income & (Expense) | -900,203 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 35,476,063 |
| Cost of Funds | 155,073,164 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 70,625,521 |
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