As of 2015, the Teachers Federal Credit Union's online banking services include access to all personal account balances and viewing transaction records. Registered members of the TCFU can also use their online bank account to view any associated billing statements, apply for a loan and make payments on any existing loans. Additionally, the TCFU online banking account allows a member to transfer funds to another member's account or between accounts under the same name.
TCFU members who do not have access to an online banking account can register for it through TeachersFCU.org. In addition to online banking, TCFU also offers mobile banking services, online check ordering, telephone banking, electronic notices and Visa gift cards.
The TCFU is a not-for-profit financial institution that serves over 250,000 members through its 25 locations around the Long Island area. The institution manages over $5 billion in assets and is also open to eligible potential members located in Suffolk and Nassau County in addition to its main membership base in Long Island. The company was founded in 1952 and, as of 2015, requires a new member to have an initial deposit of at least $1 to be eligible to open a TCFU Share Savings Account.