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Education Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.educationcu.com
800-687-8144
6203 Hillside Rd
Amarillo, TX 79109

Education Credit Union is headquartered in Amarillo and is the 65th largest credit union in the state of Texas. It is also the 767th largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 139 employees and 41,006 members at 11 locations. Education Credit Union's money market rates are 5X the national average, and it has an A health rating.

Field of Membership Restrictions

Education Credit Union is open to: 1) anyone who lives, works, worships, or goes to school within 10 miles of any Education Credit Union branch; 2) employees of District 4 of the Texas DOT; 3) employees and students of private, public, or parochial schools, colleges or universities; 4) individuals who hold a valid Texas teaching certificate; 5) certified day-care workers in Potter or Randall County, and members of Canyon ISD Council PTA, WTAMU Alumni Association, Amarillo ISD Council PTA, or Bushland ISD Council PTA; 6) home schoolers, retirees, and relatives.
See current membership details

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Health
A

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #67494
Year Chartered1935
Employees139
Primary Regulator
Profit Margin
Return on Assets - YTD-0.14%
Return on Equity - YTD-1.31%
Annual Interest Income$7.2MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$479.8MM$476.5MM
LoansQ1 2025vs Q1 2024$382.2MM$378.6MM
DepositsQ1 2025vs Q1 2024$397.6MM$397.2MM
Equity CapitalQ1 2025vs Q1 2024$52.3MM$54.4MM
Loan Loss AllowanceQ1 2025vs Q1 2024$3.2MM$3.1MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$3MM$2.8MM
Real Estate OwnedQ1 2025vs Q1 2024$0$41K
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Education Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*$10k*-Education Savings Account
OTHER TIERS: 0.50% → $25 - $10k
0.30%*$50k*-Share Savings
OTHER TIERS: 0.15% → $100 - $5k | 0.20% → $5k - $25k | 0.25% → $25k - $50k
0.20%$25-Deposit Savings
0.20%$10-Summer Pay Savings Account
0.20%$0-Health Savings Account
0.15%*$50k*-Additional Savings
OTHER TIERS: 0.05% → $100 - $25k | 0.10% → $25k - $50k

Education Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.15%*$100k*- Super Money Market
OTHER TIERS: 1.65% → $2.5k - $25k | 1.85% → $25k - $50k | 1.95% → $50k - $100k
0.70%*$100k*-Money Market Account
OTHER TIERS: 0.40% → $500 - $25k | 0.50% → $25k - $50k | 0.60% → $50k - $100k

Education Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%*$1k*$50kSmart Checking
OTHER TIERS: 0.10% → $0+
0.05%$900-Interest Checking Account
0.05%$900-Golden Apple Checking
0.05%$900-Red Apple Checking

Education Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%$500-12 Month CD - At Maturity
4.00%$500-6 Month CD- At Maturity
3.00%$500-24 Month CD - At Maturity
3.00%$500-36 Month CD - At Maturity
2.50%$500-60 Month CD - At Maturity

Education Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%$1k-12 Month IRA
3.00%$1k-24 Month IRA
3.00%$1k-36 Month IRA
2.50%$1k-60 Month IRA
1.00%*$10k*-IRA Savings
OTHER TIERS: 0.50% → $25 - $10k
Locations

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