Comment Detail
Date: 09/26/22 First Name: Curt Last Name: Cecala Email: curt@tctfcu.org Organization Type: other Organization: TCT Federal Credit Union Comment
TCT Federal Credit Union has been a member of FHLBNY since 2009. FHLBNY is part of our liquidity strategy, both strategic and when liquidity tightens quicker than anticipated, such as today’s environment. TCT counts on FHLBNY to provide immediate funding and they deliver that at very reasonable market prices. Their staff is professional and always willing to assist us so we can attain funding when requested.
We are confident in FHLBNY as a business partner for our funding needs. In addition to their service and pricing, FHLBNY is a sound a financial institution. Their financial strength is important because we rely on them to be there when we need them. As the Federal Housing Financing Agency seeks to determine the future of FHLBanks, the FHLBNY is a model that works for small financial institutions like TCT. FHLBNY is an important partner that assists TCT Federal Credit union in our effort to provide financial services that help our members in their daily lives.
Official websites use .gov
A .gov website belongs to an official government organization in the United States.
Secure .gov websites use HTTPS
A lock (
) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.