Teachers Federal Credit Union, one of the nation’s largest credit unions with $9.7 billion assets and more than 460,000 members in all 50 states, has begun offering VA loans for active-duty military, veterans, and surviving spouses.
“It is our honor to serve those who serve our country,” said Brad Calhoun, president and CEO of the Hauppague, New York-based credit union. “With competitive rates and no limit on the loan amount, our hope is to put more servicemembers and veterans across the country into their dream homes.”
Teachers noted the addition of VA loans to its product line-up is part of its continuing support of active and retired military personnel and their families. The credit union noted its support of Wounded Warrior Project, a nonprofit organization that serves injured veterans, and the United Veterans Beacon House, an organization that provides housing and physical and mental health programs for veterans and their families.