Education Credit Union


Overview / Commentary
806-358-7777
6203 Hillside Rd
Amarillo, TX 79109

Education Credit Union is headquartered in Amarillo and is the 71st largest credit union in the state of Texas. It is also the 872nd largest credit union in the nation. It was established in 1935 and as of December of 2019, it had grown to 108 employees and 27,623 members at 7 locations. Education Credit Union has an A health rating.

Field of Membership Restrictions

Education Credit Union of Texas is open to any person that resides, works, church members, and registered students within a 10-mile distance of a credit union office in any direction, current, retired and unemployed Texas State Teachers for both the public and private sectors, employees and students of any learning institution on every level; including homeschoolers, the credit union affiliated learning associated organizations and groups that are listed on the credit union website employees of the Department of Transportation District 4, widows/widowers of deceased members, and the family members of eligible members.
See current membership details

Reviews (1)

A Postive Banking Experience

I had checking and savings accounts with the Amarillo Education Credit Union for over ten years. I was always extremely pleased with their service. I was very young when I first started with them, and their rules concerning banking errors like overdrafting were extremely fair. They offer all the services you can expect at a national bank, and their extended services are top notch. They only accept educators and their families.



Health

Health Grade Components

Overall
NCUA #67494
Year Chartered1935
Employees108
Primary Regulator
Profit Margin
Return on Assets - YTD0.97%
Return on Equity - YTD6.79%
Annual Interest Income$15.6MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$278.1MM$258.4MM
LoansQ4 2019vs Q4 2018$219.2MM$205.7MM
DepositsQ4 2019vs Q4 2018$233.2MM$217.5MM
Equity CapitalQ4 2019vs Q4 2018$39.5MM$36.7MM
Loan Loss AllowanceQ4 2019vs Q4 2018$2.3MM$2.2MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$2.0MM$1.6MM
Real Estate OwnedQ4 2019vs Q4 2018$0$239.00K
Rates

Rates for Education Credit Union are currently being reviewed.

Locations


Education Credit Union Locations
Branch Office4400 W Interstate 40Amarillo, TX 79106-5940
Branch Office2100 4th AveCanyon, TX 79015
Branch Office6201 Hillside RdAmarillo, TX 79109-7193
Branch Office1801 S FM 2381Bushland, TX 79012
Branch Office5500 Plum Creek Dr.Amarillo, TX 79124
Branch Office3615 SW 45th AveAmarillo, TX 79109
Corporate Office6203 Hillside RdAmarillo, TX 79109-7193

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