FORBES MAGAZINE NAMES TEACHERS FEDERAL CREDIT UNION ONE OF AMERICA’S BEST CREDIT UNIONS

Teachers Federal Credit Union, one of the largest credit unions in the United States with $8.8 billion in assets and more than 420,000 members, has been named to Forbes Magazine’s 2022 America’s Best Credit Unions in Each State list. To shine a light on the best credit unions across the nation, Forbes went directly to credit union members and partnered with market research firm Statista to conduct in-depth interviews of more than 26,000 U.S citizens from all 50 states on their banking relationships.

Only 3.4% of credit unions nationwide were recognized by Forbes as America's best-in-state. Members provided an overall satisfaction score and were asked whether they would recommend their credit union to friends and family. Members also responded to questions about six components of their relationship with their credit union, including: trust, terms and conditions, branch services, digital services, customer service, and financial advice.

“It's an incredible honor to be recognized by Forbes,” says Brad Calhoun, President and CEO. “Being named one of best-in-state credit unions in New York is a testament to the efforts our team is making to impact the financial lives of our members. Providing best-in-class service for our membership across the nation is our top priority and recognition from the community we serve is exciting and rewarding.”