TEG Federal Credit Union (FCU) has made a $10,000 corporate donation to CUAid to help support ongoing relief efforts in the wake of Hurricane Helene. CUAid is a national credit union relief fund to assist credit unions impacted by Hurricane Helene in Tennessee, Georgia, and the Carolinas. One hundred present of the donations through CUAid go to credit union disaster relief. The funds will help credit unions, their employees, members and volunteers recover from this overwhelming natural disaster.
The devastating effects of Hurricane Helene have left many credit unions in these regions struggling to recover and serve their members. TEG Federal Credit Union recognizes the critical role that credit unions play in their communities, providing financial stability and support during times of need.
“We are deeply saddened by the destruction caused by Hurricane Helene and are committed to supporting our fellow credit unions as they rebuild and recover,” said President and CEO Ronald Flaherty. “Credit unions help people, especially in times of great need. We hope our donation will assist our fellow credit union communities and their families impacted by the storm cope with the devastating loss caused by Hurricane Helene.”
Founded in 1969, TEG FCU is a full-service financial cooperative for individuals and businesses who live, work, worship or attend school in the New York counties of Dutchess,
Orange, Putnam, Rockland, Sullivan, Ulster and Westchester.
TEG offers a wide range of financial services, including deposit accounts, loans, mortgages, and investment/retirement planning. With
over $420 million in assets, TEG serves its more than 37,500 members through a digital banking system and eight branches in Poughkeepsie, Beekman, Hyde Park, Middletown, Newburgh and Wappinger Falls, with its newest branch opening soon in Modena. TEG always puts the financial needs of its members first as a member-owned and not-for-profit .
