Convenience Services


GAP Insurance
Protect your assets and possibly save thousands of dollars with Guaranteed Asset Protection (GAP)! GAP is low-cost coverage that pays the difference or the "gap", between your insurer's settlement and your loan balance if your vehicle is stolen, accidentally damaged beyond repair, or otherwise declared a total loss.

Apply Today

M & M Group Benefits
Click here Through our partnership with M&M Group Benefits, your credit union may be able to save you money on your auto and home owners insurance. Click here for more information.

Free Life Insurance on Your Loan
We offer free life insurance up to $30,000 on every WCTFCU loan.

Free Savings Life Insurance
Free life insurance up to $2,000 per member is offered on credit union accounts

General League Insurance - 1-800-443-6003

Direct Deposit

Your credit union will transfer funds to and accept transfers from any financial source through electronic funds transfer. Direct Deposit is safe, easy and convenient! Call the credit union today to find out how you can sign up for Direct Deposit of your payroll or government check.

Direct Deposit Form

Financial Planning

Egidio Assante Wealth Management LLCFinancial planning is now offered to Credit Union members through Egidio Assante Wealth Management LLC. Mark Egidio is available to meet with you at the credit union to discuss your personal goals and help you plan for a secure financial future. Call Mark today for a free, no obligation personal consultation.

  • Click Here to go to the Egidio Assante Wealth Management LLC website***
  • Call 203-758-9500 or 800-992-2226, extension 251 or 203-439-0732, extension 371. ***

***Products offered through Egidio Assante Wealth Management LLC are not federally insured, are not obligations of the credit union, and are not guaranteed by the credit union or any affiliated entity. Products offered involve investment risks, including the possible loss of principal.

Legal Service Plan


Notary Services & Medallion Signature Guarantee

Several credit union employees are available to provide limited notary service for members during business hours.

All Member Service Representatives are available to provide Medallion Signature Guarantees.

Payroll Deduction

You can deposit all, or a portion of, your paycheck directly to your credit union accounts as a convenient way to accumulate savings or make loan payments.

Payroll Deduction Form


Each year Waterbury CT Teachers Federal Credit Union of Middlebury, Connecticut awards four scholarships to high school graduates heading for college in the fall. Awards are based on a combination of scholastic achievement, extra curricular activities and an essay describing what credit union membership has meant to their family.

Applications for the 2014 Scholarships will be ready for distribution in January, with an application deadline of May 15, 2014.

Students who are eligible for membership, but haven't joined the credit union yet, must request a membership application and include the completed membership form when submitting their scholarship application.

Download Scholarship Application

Student Choice – A Low Cost Education Line of Credit!
Current Rates as low as 5.50%APR*
The growing gap between the cost of a college education and the financial aid available is causing many families to resort to high‐cost private student loans. So we’ve introduced a new alternative student loan program that helps fill the gap that federal aid can leave behind. Unlike other alternative loan products, WCTFCU’s Student Choice private loan solution offers low rates, zero origination fees and flexible repayment terms. And this unique student loan is structured as a line of credit, which allows students to complete one simple application and make multiple draws over the course of their entire undergraduate career.
Before turning to private student loan solutions, students are advised to first pursue all the free and cheap money they can find. Look for scholarships and grants first, and then exhaust all options for federal student loans. And if there’s still significant need, a Student Choice loan may be necessary to fill the funding gap and graduate with the least amount of debt possible.
The best sources of information about financing higher education are your high school guidance offices and the financial aid office at your college. You can also learn more about how to choose student loans and the financial aid process by visiting our new student‐focused website, With easy‐to‐use calculators, helpful articles, a glossary of common terms and even a national scholarship search engine, this website provides students and families with the tools and resources they need to make smart college financing decisions. For more information about the features and benefits, or to apply for our Student Choice program, simply log on or call our 24/7 student lending call center at 855‐799‐2986.

Wire Transfers

We offer both local and international wire transfers at competitive rates. Call or email a member services representative for details.