Teachers Federal Credit Union

www.teachersfcu.org
Engaged Employer

Teachers Federal Credit Union Reviews

Updated July 29, 2015
14 reviews filtered by
  • Any Location
  • Any Job Title
  • Full-time
  • Part-time
Employment Status

Reset
2.7
Rating Trends
Recommend to a friend
Approve of CEO
(no image)
Robert G. Allen
6 Ratings

14 Employee Reviews

Sort: Popular Rating Date
  1. Call center

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Teachers Federal Credit Union

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Flexible Tuition reimbursement Get your own desk Good work environment

    Cons

    Have to work until 6


  2. HORRIBLE!!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Teachers Federal Credit Union

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    If you're lazy and lacking a few brain cells then this is the place for you!! You can be a total slug and you'll never get fired. :)

    Cons

    No respect for employees. Senior Management is crazy. Nothing good to say about this place.

    Advice to Management

    Advice to senior management.... You're the problem and its time to retire.


  3. FSR

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Service Representative
    Former Employee - Financial Service Representative

    I worked at Teachers Federal Credit Union full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Nice coworkers (which you can find basically at any job)

    Cons

    I would never recommend this company to anyone. Its impossible to advance, and micromanaged beyond belief. Back office has little knowledge of policy and procedure for the branches. AVPs are rude and nasty, along with the rude back office and mortgage staff. Policies would be changed without any notice to employees. I spent way too long at this company and finally wised up.

    Advice to Management

    Take every single person out and hire people who know how to run a business.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (2)

    Lost potential because of micromanagement, drama and politics.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Teachers Federal Credit Union full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Decent salary, great benefits, bonuses every year, great friends. It's nice working for a not for profit, a lot of the time you can get behind the products we offer and feel like you're helping the members. Possibility for growth, sunshine committee and community involvement committee, employee discounts on loans.

    Cons

    Upper management micromanages with a stubborn and outdated 'if it ain't broke, don't fix it' attitude. Employees find out news about the credit union after it goes public to members, and sometimes the members are the ones informing the employees. Everything has to be a secret, all new branches and developments with the credit union are kept secret until the last second. Interdepartment communication is horrific and there is so much animosity. One minute late for a lunch or for clocking in is considered a late in your record, which can add up to warnings and termination. I've never seen a company so strict about 1 minute. Branch managers run each branch differently with different policies, no consistency. There is no employee accountability, which causes hard working employees to wonder why they're even trying, if the slacker over there is getting paid the same amount and not doing anything. It also causes errors which are not addressed in a timely or efficient manner. Communication with membership is lacking, which coinsides with a lot of angry members calling in or going to the branch. Even though there is a suggestion box, when an employee uses it there is always backlash for not going through the chain of command. The Internal HR department is not bad, but the company needs an outsourced HR because no one feels comfortable going to them with any issues. Training is lacking for most of the employees, either because they don't care to learn or they just haven't gone in so long they don't know the updated policies. No one keeps up to make sure the employees are well versed in the policies and procedures. There is an aura of defeat with employees from years and years of their ideas and requests being denied with no good reasons behind it.

    Advice to Management

    Please, listen to your staff. Take open suggestions. Your way is not always the best, and your staff actually has great ideas. Cut the managers and supervisors out of the command when it comes to suggestions. This means not scolding the supervisors for not bringing it up beforehand. If there is a suggestion that cannot be followed through on, give good reasons, speak with the person who suggested it and explain it. Have an outside company come in and conduct surveys, confidential, for each employee to fill out. Leave space for certain complaints, for ideas for growth, and any problems with co-workers. I can tell you the last survey that was taken was not an honest representation because everyone was afraid of repercussions. Make it easier to fire employees, I see terrible employees keep their jobs for stupid reasons, and great employees lose theirs because they tend to be 5 minutes late everyday. Offer cross training to all employees. There is a lot of potential for growth and I am afraid it is all going downhill because of the 'Why should I even try?' atmosphere in the employee base. This needs to be addressed


  6. Helpful (3)

    Mortgage Servicing

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Servicer in Farmingville, NY
    Former Employee - Mortgage Servicer in Farmingville, NY

    I worked at Teachers Federal Credit Union full-time

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Met a few nice people and made a few friends when I worked in Farmingville location. The hours were decent.

    Cons

    I would never recommend this company to anyone to work for or have an account with. I was there almost 5 years. They are very cheap, pay sucks, micromanaged, management team is the worst I've ever seen. Nasty, nasty managers in mortgage dept. Nit picking witches. So unprofessional.

    Advice to Management

    Getca personality, learn how to treat people with respect and maybe one day you'll get some in return.


  7. Helpful (3)

    Experience depends on Branch Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Services Representative in Hauppauge, NY
    Former Employee - Financial Services Representative in Hauppauge, NY

    I worked at Teachers Federal Credit Union full-time (More than a year)

    Negative Outlook
    Approves of CEO
    Negative Outlook
    Approves of CEO

    Pros

    Full timers get every other Saturday off, and every sunday off. Each year there is a longevity bonus given to FT & PT Easy daily tasks great place to work during college, or right out of high school while you still live at home...$$$

    Cons

    PT employees are treated very different than FT, sort of similar to "the help". no commission, yet a huge push for sales recently very political with promotions...not based solely on merit HIGHLY micro managed Compensation...enough said

    Advice to Management

    Include lower level employees on the review of the branch managers to get a more clear understanding of daily life inside of each branch, some managers refuse to take responsibility for their errors and simply place those mistake on other employees which effects their review. Also, there is very little consistency between the branches regarding policy. Use your branch support to compile this information to really see how different branches are interpreting policy.


  8. Very Conservative Work Place

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller
    Former Employee - Teller

    I worked at Teachers Federal Credit Union full-time (More than a year)

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    Excellent place to work while attending college, given the great flexibility with hours.

    Cons

    The management was very conservative and dry. Repetitive office functions were stall and provided very little insight into anything deeper.

    Advice to Management

    Loosen up a little, show the employees its more than just a job. Try to get them motivated to help others.


  9. Helpful (2)

    sweat shop with no overtime

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Teachers Federal Credit Union

    Pros

    good benefits, great people

    Cons

    the company is too top heavy, not enough people on the bottom to support the top. HR is not safe, you cannot go there and speak to them about another employee, it always comes down and the next thing you know your fired...because you complained that an VP was using harsh wording with you......

    Advice to Management

    stop making your employees feel like the scum under your shoe. you may want to start looking at why your employees are so unhappy and then they might want to actually work for you


  10. Gets more & more like a commercial bank each day.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Hauppauge, NY
    Current Employee - Anonymous Employee in Hauppauge, NY

    I have been working at Teachers Federal Credit Union full-time (More than 5 years)

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Benefits, community involvement, discounts on some products

    Cons

    Underpaid, selfish & rude execs & management, poor communication between branches & back office, a 1 minute rule when punching in, no career growth

    Advice to Management

    Learn how to treat and speak to your employees respectfully.


  11. Great place for initial experience, but not for a career

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Teachers Federal Credit Union full-time (More than 8 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Great benefits, college reimbursement program

    Cons

    Interdepartmental fighting, executives seem not to care about the well being of their employees, little room for advancement after achieving entry level supervisor positions, senior executives seem to fight amongst each other

    Advice to Management

    More transparency is needed from the top down in order for the culture and morale to improve.



Showing 14 of 14 reviews
Reset Filters
RSS Feed </> Embed

Your response will be removed from the review – this cannot be undone.