Forbes Magazine names Teachers Federal Credit Union one of America’s Best Credit Unions

Teachers Among New York’s Best-In-State Credit Unions

HAUPPAUGE, NY (August 3, 2022) — 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.”

To learn more about what makes Teachers one of the best credit unions in the nation, please visit

About Teachers Federal Credit Union (NY)

Teachers Federal Credit Union (Teachers) is one of the country's largest credit unions, with more than $9.7 billion in assets and more than 460,000 members across all 50 states. Founded in New York in 1952, Teachers is a full-service, not-for-profit financial institution with an open charter offering membership to anyone in the U.S. through its 30 full-service branches and best-in-class digital solutions. Teachers is a key supporter of the communities it serves and is proud to offer a range of member-focused products with competitive rates and low fees. What started as a smart solution for teachers is now smart for all. For more information, visit


Sophia Schneidman
Assistant Account Executive
Pronouns: she\her\hers
R\West | Portland | New York | Amsterdam
(917) 741-3835



More News