Teachers Federal Credit Union (8116), a $9.9B credit union headquartered in Smithtown, NY, led by CEO Calhoun, reported $8.2B in member deposits at the end of 2025 Q3, an increase of $295.7M (+3.7%) compared to the same quarter last year.
The credit union's 68.5% loan-to-share ratio represents a balanced approach between deploying deposits into loans and maintaining adequate liquidity.
Net effect: steady deposit trends support operational stability.
Deposit Composition
Teachers Federal Credit Union's deposit portfolio is led by Share Certificates, comprising 43.0% of total deposits—time deposits (cds) with fixed terms and rates. Strong certificate balances indicate member preference for term deposits and predictable funding costs.
Deposit Portfolio Breakdown
| Deposit Type | Balance | % of Total | YoY Growth |
|---|---|---|---|
| Share Certificates | $3.5B | 43.0% | +11.5% |
| Money Market | $1.6B | 19.6% | -7.8% |
| Regular Shares | $1.4B | 17.2% | +5.4% |
| Share Drafts | $1.1B | 13.2% | +4.7% |
| IRA/KEOGH | $382.5M | 4.7% | -7.4% |
| Non-Member Deposits | $196.6M | 2.4% | -10.5% |
Source: NCUA 5300 Call Reports (2025_Q3)
Quarterly Deposit Trends
Moderate deposit growth suggests stable member relationships balanced with competitive pricing pressures.
Quarterly Trend
| Period | Total Deposits | QoQ Change | Avg/Member |
|---|---|---|---|
| 2024 Q2 | $8.0B | $17K | |
| 2024 Q3 | $7.9B | -1.4% | $17K |
| 2024 Q4 | $8.2B | +3.9% | $18K |
| 2025 Q1 | $8.3B | +1.2% | $18K |
| 2025 Q2 | $8.2B | -0.9% | $17K |
| 2025 Q3 | $8.2B | -0.4% | $17K |
Source: NCUA 5300 Call Reports
Member Deposit Metrics
Teachers Federal Credit Union serves 484,208 members, an increase of 1.6% year-over-year. The average member deposit of $17K has grown 2.1% compared to last year.
Deposit growth exceeding member growth suggests existing members are increasing their balances, a sign of deepening relationships.
Historical Context: Since the 2008 Crisis
Teachers Federal Credit Union's deposit base has grown 263% since Q3 2008, when the financial crisis was at its peak. At that time, the credit union held $2.3B in member deposits serving 185,682 members.
Membership has expanded 161% over this period, demonstrating strong community trust and successful member acquisition.
Peer Comparison
Among 74 credit unions in its $4.9B–$14.8B asset peer group, Teachers Federal Credit Union ranks in the 29th percentile for deposit growth.
Outlook
Teachers Federal Credit Union's deposit trajectory will depend on rate competitiveness, member retention efforts, and the broader economic environment affecting member savings behavior.
Teachers Federal Credit Union's Q4 2025 results, expected in early 2026, will provide further insight into whether this deposit growth trajectory can be sustained.
Track This Credit Union
Monitor Teachers Federal Credit Union's quarterly deposit performance, member metrics, and share composition with Finleet Terminal.
Data Sources: NCUA 5300 Call Reports (2025_Q3), NCUA Historical Data (2007-present), Finleet Proprietary Analysis
Methodology: Year-over-year growth calculated comparing 2025_Q3 to same quarter prior year. Peer groups defined as credit unions within 50% asset range. Average deposit calculated as total shares and deposits divided by total members.