2410 N. Ocean Avenue, P.O. Box 9029
Farmingville, N.Y. 11738-9029 Advantage
Save Big New Auto, Boat and
with Our New Auto New rates as low as
Loan Sale Event
Now through April 30, 2011, we’ve lowered our new auto rates on
1.99 for up to 60 months
terms up to 72 months.
Sample Monthly Payments %
Amount 60 Month Term 72 Month Term
Borrowed at 1.99% APR* at 2.49% APR* for 61-72 months
$20,000 $350.46 $299.33 Get Pre-approved and Save!
*All rates and terms are subject to change without notice. APR: Annual Percentage Rate. Rates and terms accurate as of 2/18/2011. Rate will be
based on credit history. Rate shown is lowest rate available. Applicants who are not approved at these rates or terms may be offered credit at
Leasing Also Available
a higher rate and/or different terms. Rates not available on Buy Rite Plus balloon loans, leases or refinances. Not eligible for Educated Choice,
Auto Transfer, Loan-to-Value, Luxury or Flat fee waiver (indirect only) discounts. Pay just $17.53 for every $1,000 borrowed with a 60-month term
at 1.99 % APR. Pay just $14.97 for every $1,000 borrowed with a 72-month term at 2.49 % APR.
New Adjustable Rate Mortgage Pricing
Makes Home Ownership Even More Affordable
TFCU’s Adjustable Rate Mortgages (ARM) now feature
even lower starting rates! These rates are guaranteed for
the initial period of the loan. TFCU offers 5/1, 7/1 and 10/1
ARMs. For many people in a variety of situations, an ARM
for up to 60 months
is the right mortgage choice, particularly if your income is
likely to increase in the future or if you only plan on being
in the home for five to ten years.
How ARMs Work: After the initial fixed period, the
interest rate can change every year. For example, one of
our most popular adjustable rate mortgagesfor 61-72 months
is a five-year
ARM. The interest rate will not change for the first five
years (the initial adjustment period) but can change every
year after the first five years.
Please see current rates and full details at
FREE CHECKING • FREE ONLINE BANKING & FREE BILL PAYER • BUSINESS CHECKING & SBA LOANS
Check www.teachersfcu.org for our
Volunteer Income Tax
Assistance (VITA) Program
TFCU is pleased to announce that this year we will be participating in the Assistance is available on Tuesdays from 10:00 a.m. to 3:00 p.m.,
Volunteer Income Tax Assistance (VITA) Program. Certified volunteers have through April 12th. Please bring your W-2 wage and tax statements,
received training to prepare basic tax returns. information on other sources of income and deductions and Social
Security cards for the taxpayer(s) and dependents. Both spouses
Income tax assistance is available for low-income (gross income under
must be present to file a joint return.
$49,000) individuals, individuals with disabilities and the elderly. In addition,
the program assists individuals who qualify for the Earned Income Credit.
Bay Shore - (631) 666-2800 Rocky Point – (631) 698-7000, ext. 3364
Jennifer Ray Jennifer Andrysiak
Angela Guzzo East Northport – (631) 698-7000, ext. 3047
Joe Kitt Ron Rebaldo
Shirley – (631) 281-0818
Farmingville – (631) 698-7000, ext. 3658 Shannon Keyer
Win $1,000 for College
TFCU will award $1,000 scholarships to six high school seniors who plan
to continue their education.
To be eligible, the student must be:
To enter, apply online no later than Friday, April 22nd. Six
• Graduating from high school this spring
names will be drawn on Wednesday, April 27th. All winners will be
• ttending an accredited college, vocational, or trade school in the
notified by mail and a list of winners will be posted in all branches.
fall (if selected, you will need to provide us with a letter of accep-
tance from the school you plan to attend). Apply at: https://www.teachersfcu.org/info/poll/scholarsh_app.php
*Family members of TFCU’s employees and officials are not eligible to enter.
• member (or one parent a member) of TFCU by the date of the
drawing. (A savings account, with a minimum balance of $1.00 is
required for membership.)
FREE Financial Education Training Class:
Teachers Earn 6 CEUs
TFCU and Cablevision are proud to sponsor a one-day Financial By teaching teens to use credit wisely and
Education seminar that is open to all teachers, administrators, and develop consistent savings habits, we can
other professionals who provide financial education to high school prepare a new generation to make smart
students. All NYS teachers will receive a certificate of completion for 6 financial decisions. This seminar will provide
hours of continuing education credits. the resources to become an effective financial
Whether you are new to teaching financial literacy or you are an
“old pro”, come join us in sharing the latest resources and methods The key presenter is Susan Gubing, an
of instruction. Financial literacy is being taught in all grades, K - outstanding educator, the author of “Games 2 **
college, by educators and community organizations. Come join the Careers” and a leader in education consulting.
TFCU Financial Literacy Team to promote these valuable skills and
For more information and to register, call
knowledge across Long Island.
Jennifer Gunn at 631-698-7000, ext 3322,
email email@example.com or visit
When: Friday, April 8, 2011
www.teachersfcu.org. This class is limited
Time: Registration: 8:00 a.m. – 8:30 a.m
to 90 attendees.
Class: 8:30 a.m. - 2:30 p.m.
– Breakfast and Lunch will be provided
Where: Cablevision, 1111 Stewart Ave, Bethpage, NY 11714
Have Your Credit Card
Teachers Federal Credit Union - March 2011 Rates Gone Up?
GREAT LOW Home Equity rates!
Payday Loan Alternative Now Available
The National Credit Union Administration (NCUA) has issued a ruling • Membership: Minimum of 1 month membership is required
that enables federal credit unions to offer short term, small amount
(STS) loans as a viable alternative to predatory high-cost payday • Dollar amount: Minimum $200; Maximum $1,000
loans that are offered by other financial service providers. • Term: Minimum 1 month; Maximum 6 months
If you’re currently using an outside check cashing facility or a pay- • Frequency: Only one loan will be allowed in a rolling six-month period.
day lender, TFCU’s new STS Loan may be a better option. Not only
will you receive the short term funds you need, you’ll also be build-
For more information, call us at (631) 698-7000, extension 6790.
ing your credit profile.
Fight Identity Theft & Go Green Where: TFCU’s Farmingville Branch, located at
2410 North Ocean Avenue
at Shredding Day in Farmingville When: Saturday, April 30th (rain or shine)
Time: 9:00 a.m. until 12:00 noon
Identity theft continues to be one of the fastest growing forms of consumer fraud. TFCU
What: Up to 50 pounds of personal documents
is committed to helping our members prevent identity theft by encouraging the proper
and 10 pieces of electronic equipment
destruction of sensitive documents and electronic equipment (old computers, hard drives,
monitors, keyboards, printers, copiers, fax machines, phones, VCRs, etc.) These materials can Is there a charge for this service?
now be securely disposed of and safely recycled. No, TFCU is offering this as a free service to
our members and neighbors. For information,
Computer hard drives and other electronics that contain data will be securely shredded shortly visit www.teachersfcu.org or call 631-698-7000,
after collection. All other items will be recycled. No items collected will be placed in landfills. extension 3648.
This process is handled by e-Scrap Destruction.
Paper shredding is handled by Cintas Document Management. All documents
will be shredded onsite. You can stand by and watch as your documents are shredded. & Paper
Important Tax Refund
To have your tax refund directly deposited to your TFCU account, you’ll
need our ABA Routing Number: 221475786 and your account number.
If you are depositing to your Checking or Money Market account, please
be sure to use the entire 14 digit account number shown on the bottom
of your check.
If you are depositing to your Savings account, your five or six digit
member number is required.
Check Names on Tax Returns to Avoid Delays
If you are having your Federal and/or State Tax Refund deposited For example: Your TFCU account is in the name Susan Smith and your
directly into a TFCU account, the name on the return must match the husband, John Smith, is joint on your account. Your son, Sam Smith, does
name of the account holder or the joint account holder. not have an account, so you offer to have his refund deposited into your
account and you’ll give him the money. TFCU will not accept Sam’s tax
Electronic deposits not meeting this criterion will be returned to either refund and it will not be deposited because Sam is not on your account. It
the Federal or State Tax Office. will be returned to the tax office that issued it.
TFCU’s credit cards feature great low rates.
Apply online, by mail or at any branch today!
Teachers Federal Credit Union - March 2011
Working with a Financial Advisor
Chris Hibbard, ChFC, CFS
Senior Financial Advisor
Trust Liaison Officer
A message from the TFCU Trust and Financial Services Program 5439 Sunrise Hwy.
Holbrook, NY 11741
Would you trust your medical diagnosis to a casual acquaintance? Do you cut your own hair? For many things it (631) 698-7000 ext. 6020
makes sense to pay a professional who has the expertise to deliver the best results. A professional financial advisor
Stephen Abbott, CLU, ChFC
can make all the difference when you are looking to outline a sound, and achievable, financial plan. Follow these six Financial Advisor
steps to establish a good relationship with a professional financial advisor. 2410 North Ocean Avenue
Farmingville, NY 11738
1. Choosing your financial advisor - One of the best ways to find a financial advisor is through a referral. (631) 698-7035
Begin with a trusted source – inquire at your credit union about financial advisors who are located at, or
near, your local branch.
2. Set up a consultation – Ask a great variety of questions to evaluate if your financial objectives are well
matched to the financial advisor’s areas of expertise.
3. Discuss your goals and obligations - Your financial advisor will need information about you and your
financial situation, philosophy and risk tolerance. Be candid about your income, debts, future obligations,
Financial Services Representatives
at other branches:
and current assets.
East Northport – Ron Rebaldo
4. Ask plenty of questions - If you don’t understand something, make sure to ask. And keep asking until the Nesconset – Micki Cahill
answer is clear to you. Port Jefferson Station – Diane Jensen
Rocky Point – Catherine Garnier
5. Meet or speak regularly - To keep your financial plan moving in the right direction, your advisor needs to Smithtown – Linda Davis
know when important changes take place in your life. Keep your financial advisor in the loop. South Setauket – Donato Surace
6. Listen - Professional advisors can draw from years of experience and help you maintain a long-term perspective on your investment plan. Take the time
to listen to what your financial advisor has to say.
Representatives are registered, securities are sold, and investment advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, Iowa
50677, toll-free (866) 512-6109. Nondeposit investment and insurance products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the financial institution. CBSI is under contract with the financial
institution, through the financial services program, to make securities available to members. FR040818-78DA
TFCU Visa Cardholders
TFCU wants to help you take control
of your finances. We’ve partnered with
BALANCE, a FREE financial fitness
Can Now Enroll in program, to provide you access to
money management counseling, credit
Paperless Statements report review and housing education
programs. Call 888-456-2227 or log on to
It only takes seconds to enroll! The choice is yours. Go www.balancepro.net/partners/teachersfcu
green and elect to stop receiving your monthly credit card for more information.
statement in the mail to conserve paper and gain greater
View your credit card statement online – anytime, anywhere.
You’ll never miss the paper, and you’ll enjoy the benefits of this
TFCU’s Annual Meeting
free service. TFCU’s Annual Meeting will be held on Wednesday, April 27th, at 6:30 p.m.
at the credit union’s main office in Farmingville. All members are welcome.
To enroll, or for more information, please visit www.eZCardInfo.com.
Board Of Directors
Convenient Branch Locations Fred H. Schaefer, Chairman Nicholas Maletta, Vice Chairman
Amityville North Babylon Raymond P. Grossman, Treasurer George L. Dornhoefer, Secretary
355 Broadway (Rte. 110) 1134 Deer Park Ave.
Bay Shore Oakdale F. Jane Harris, Robert J. Ney, Juan C. Nuñez
3rd Ave. and Sunrise Hwy. 951 Montauk Hwy. Mario P. Shortino, Frank D. Spencer
Brookhaven National Lab† Port Jefferson Station
400 Brookhaven Avenue 450 Jefferson Plaza (Rte. 112) Executive Management
Central Islip Riverhead
176 Old Country Rd.(Rte. 58) Robert G. Allen, President/CEO Thomas A. Fallon, EVP/COO
118 Wheeler Road
Commack Rocky Point
561 Route 25A Supervisory Committee
2410 N. Ocean Avenue, P.O. Box 9029 10 Vanderbilt Pkwy.
East Northport Ronald A. Mincio, Chairman James F. Nohe, Secretary
Farmingville, NY 11738-9029 556 Larkfield Road 301 Independence Plaza, (Rte. 25)
Paul E. Misut, April S. Neitlich, Robert J. Ney
Shirley – Now Open!
1724 5th Ave., Bay Shore 437 William Floyd Parkway.
631-698-7000 • 1-800-341-4333* Farmingville/Main Office Smithtown
1 West Main Street
Convenient Loan Call Center Hours
2410 N. Ocean Ave.
*Outside the Long Island, Westchester and New York Metro areas. Holbrook South Setauket 24/7 Loan Information & Applications
260-A Pond Path
5439 Sunrise Hwy.
Huntington SUNY Stony Brook 631-698-7000, Ext. 6790.
211 East Main Street Student Activities Center &
Nesconset Health Sciences Center
While consistent effort is made to ensure the integrity of information contained in this
publication, material should not be considered legal, financial or professional advice.
127 Smithtown Blvd. † Facility employees only
TFCU’s Routing Number: 221475786
Check www.teachersfcu.org for all of our GREAT RATES!