Teachers Federal Credit Union Accelerates Strategic Branch Expansion Across New York and Florida

New locations complement the credit union's nationwide digital capabilities while strengthening member relationships and community connection

HAUPPAUGE, N.Y., Oct. 16, 2026 /PRNewswire/ -- Teachers Federal Credit Union, one of the nation's largest credit unions with $9.9 billion in assets and over 472,000 members, is continuing to expand its branch network across New York and Florida, with new locations planned for Estero and Wesley Chapel, Florida, and Farmingville, New York.

With a national open charter and members across all 50 states, Teachers combines the convenience of digital banking with access to personalized financial guidance. As the credit union's membership has grown nationwide, its physical footprint has evolved alongside it, with continued investment in its home state of New York and an increasing presence in Florida. Teachers is also identifying additional markets across the country where a branch can bring the credit union closer to its members and support its long-term mission of helping members build a strong financial foundation today, for a better tomorrow.

"Our growth is guided by how we can better serve our members and support their financial well-being," said Brad Calhoun, President and CEO of Teachers Federal Credit Union. "Our digital capabilities make it possible for us to serve members wherever they are, while our branches provide opportunities to build personal relationships and offer guidance through the financial moments that matter most. As we continue to expand in New York, strengthen our presence in Florida, and enter new markets, we remain focused on giving members more convenient ways to connect with Teachers and access the personalized service, expertise, and support they value – wherever and whenever they need us."

To help guide its branch strategy, Teachers partnered with global commercial real estate services firm JLL to conduct a market screening.

"Establishing our partnership with JLL was an important step in developing our approach to branch expansion. We wanted to understand where our members are, what markets are evolving, and where a physical presence could create the greatest opportunity for Teachers," added Inna Sprague, Chief Experience Officer, Teachers Federal Credit Union. "We combined internal data with factors such as market growth, demographics, competition, and site characteristics of potential locations to develop a branch expansion strategy that aligned with member needs, market opportunity, and our broader growth goals."

Teachers has steadily expanded its branch network in recent years, entering the Florida market with its first location in Tampa's Westshore district in 2023 and building on that presence with branches in Naples in 2025 and Lake Mary, serving the greater Orlando region, in 2026. In New York, Teachers opened a new branch in Holbrook in 2025 and continues to invest in its Long Island footprint. The planned locations in Estero, Wesley Chapel, and Farmingville represent the next phase of that strategy, expanding access in markets where Teachers sees opportunities to serve both existing and future members.

As Teachers grows, its investment in the communities it serves grows with it. The credit union's approach extends beyond opening branches to supporting organizations and causes that make a meaningful difference in the places where its members live and work. Through its annual Golf Tournament benefiting Children's Miracle Network, Teachers has raised more than $3 million since 2023 to support children and families, including through partnerships with Cohen Children's Medical Center in New York and Johns Hopkins All Children's Hospital and Nicklaus Children's Hospital in Florida. Teachers also supports the American Cancer Society through Making Strides Against Breast Cancer, serving in 2026 as Presenting Sponsor on Long Island and Eastern Long Island and Silver Sponsor in Tampa Bay and Southwest Florida.

For more information about Teachers Federal Credit Union, please visit www.teachersfcu.org

About Teachers Federal Credit Union
Teachers Federal Credit Union (Teachers) is one of the country's largest credit unions, with $9.9 billion in assets and over 472,000 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 33 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 www.teachersfcu.org.

SOURCE Teachers Federal Credit Union