Education First Federal Credit Union
Education First Federal Credit Union is headquartered in Beaumont and is the 56th largest credit union in the state of Texas. It is also the 653rd largest credit union in the nation. It was established in 1952 and as of June of 2019, it had grown to 121 employees and 35,964 members at 10 locations. Education First Federal Credit Union's money market rates are 2X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership in Education First Federal Credit Union is open to those who live, work, worship, volunteer, or attend school in the following counties: Hardin, Jasper, Jefferson, Newton, Orange, and Tyler. Membership is also open to current or retired employee of the East Chambers or High Island Independent School Districts and immediate family of current members.
See current membership details
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24470 |
| Year Chartered | 1952 |
| Employees | 121 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.96% |
| Return on Equity - YTD | 9.99% |
| Annual Interest Income | $8.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $419.8MM$418.2MM |
| Loans | Q2 2019vs Q2 2018 | $208.4MM$194.2MM |
| Deposits | Q2 2019vs Q2 2018 | $375.6MM$376.1MM |
| Equity Capital | Q2 2019vs Q2 2018 | $40.4MM$36.5MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $1.4MM$1.5MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $602.00K$1.1MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $195.00K$0 |
Always verify rates and promotions with the bank or credit union. We are not Education First Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Education First Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.70% | $25 | - | IRA Share Savings | |
| 0.50% | - | - | Christmas Club | |
| 0.50% | - | - | Vacation Club | |
| 0.35% | $25 | - | Regular Share Account | |
| 0.35% | $25 | - | Special Savings Account |
Education First Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00%* | $50k* | - | Money Market Account | ||
| OTHER TIERS: 0.50% → $2k - $20k | 0.75% → $20k - $50k | |||||
Education First Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.25% | $2k | - | Checking Account |
Education First Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.38% | $500 | - | 5 Year CD | |
| 1.92% | $500 | - | 3 Year CD | |
| 1.71% | $500 | - | 2 Year CD | |
| 1.51% | $500 | - | 1 Year CD | |
| 1.26% | $500 | - | 6 Month CD | |
| 1.00% | $500 | - | 3 Month CD |
| Beaumont Branches | ||
|---|---|---|
| Branch Office | 4350 Laurel St | Beaumont, TX 77707-0001 |
| Branch Office | 4695 Rolfe Christopher Dr | Beaumont, TX 77705-5511 |
| Branch Office | 6885 Eastex Fwy | Beaumont, TX 77706-6514 |
| Branch Office | 7025 Eastex Fwy | Beaumont, TX 77706-6515 |
| Corporate Office | 740 Fannin St | Beaumont, TX 77701 |
| Jasper Branches | ||
|---|---|---|
| Branch Office | 1125 S Wheeler St | Jasper, TX 75951-5117 |
| Kirbyville Branches | ||
|---|---|---|
| Branch Office | 1005 S Margaret Ave | Kirbyville, TX 75956 |
| Kountze Branches | ||
|---|---|---|
| Branch Office | 155 W Monroe St | Kountze, TX 77625-7613 |
| Silsbee Branches | ||
|---|---|---|
| Branch Office | 333 Highway 96 S | Silsbee, TX 77656-4807 |
| Woodville Branches | ||
|---|---|---|
| Branch Office | 520 S Magnolia St | Woodville, TX 75979-5527 |