TEG Federal Credit Union - History

History

When TEG FCU was founded in 1969, membership was limited to educators and government employees in the area, hence the bank's original name. Though initially denied, TEGCU eventually acquired a community charter in 2002, allowing anyone who lives, works, worships, attends school, or volunteers in Dutchess, Ulster, and Orange counties to join the credit union. TEG Federal provides an annual $1,000 scholarship to student members.

Read more about this topic:  TEG Federal Credit Union

Famous quotes containing the word history:

    It may be well to remember that the highest level of moral aspiration recorded in history was reached by a few ancient Jews—Micah, Isaiah, and the rest—who took no count whatever of what might not happen to them after death. It is not obvious to me why the same point should not by and by be reached by the Gentiles.
    Thomas Henry Huxley (1825–95)

    In every election in American history both parties have their clichés. The party that has the clichés that ring true wins.
    Newt Gingrich (b. 1943)

    The disadvantage of men not knowing the past is that they do not know the present. History is a hill or high point of vantage, from which alone men see the town in which they live or the age in which they are living.
    Gilbert Keith Chesterton (1874–1936)