Teachers FCU is planning to use its revamped website as part of its plan for national expansion of auto lending. Teachers FCU is planning to use its revamped website as part of its plan for national expansion of auto lending.

New York’s Teachers Federal Credit Union said it plans to nearly double its automobile loan and lease production this year, in part as it spreads further from its Long Island base.

Teachers Federal Credit Union ($8.4 billion in assets, 355,731 members at Dec. 31) originated $500 million in automotive loans and leases in 2020, and its goal is to generate $900 million this year.

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Jim DuPlessis

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