It was 1945 when a small group of teachers came together to form Saratoga Teachers Federal Credit Union as a way to help other teachers save money and borrow confidently. The big banks lacked the service that teachers needed, so they took matters into their own hands by establishing a local credit union.
In its early years, the credit union’s physical location could be found in an area set aside by the Saratoga Springs City School District or sometimes even in the basement of a Board Director’s home. The 1980’s saw the purchase of a physical location at 23 Division Street, Saratoga Springs which served as the credit union's home for many years. In 2025, the credit union offices moved to a new headquarters at 189 Ballston Avenue, Saratoga Springs, NY 12866. This new location while still in the heart of Saratoga improved member access and convenience with a easy access to parking, drive-thru and Saturday hours. In this same year, the credit union expanded the field of membership to serve Fulton, Montgomery, Saratoga, Warren and Washington counties, providing fair loans and affordable banking options.
A lot has changed in the past 70 years, especially when it comes to technology. Few may recall a time when the credit union did not have cash on hand and issued counter checks for withdrawals. Or a time when you had to visit the branch just to get an account balance. Your credit union has always realized the importance of changing with the world around us and has implemented banking technology as it has evolved.
It is important to us that technology is used to enhance the personal banking experience. Give us a call or drop by to learn about how our electronic services can make your finances easier to manage.
Convenience Banking
Mobile & Online Banking
Shared Branch & ATM Access
Instant Issue Cards