2020 Overview
General Credit Union Information
Eastman is an NCUA insured institution located in Kingsport, TN. It was founded in 1934 and has approximately $4817.45 millions in assets.
Who Can Join?
You are eligible for ECU membership if you:
Live, work, worship, attend school, operate a business in one of the communities listed on our coverage maps.
( https://www.ecu.org/node/421 )
Work regularly in the healthcare industry in the following counties outside ECU’s community charter: Carter,
Hamblen, Johnson or Unicoi Counties in Tennessee; Buchanan, Russell, Smyth, Tazewell or Wise Counties in Virginia.
Are employed by one of our sponsor or contractor companies. ( https://www.ecu.org/node/422 )
Are a family member of one of our eligible members.
| NCUA Insured | Yes |
| Charter Number # | # 68095 |
| Date Established | 1934 |
| Assets | $4,817.45 million |
| Loans | $4,177.31 million |
| Deposits | $4,153.10 million |
| Capital | $629.32 million |
Field of Membership Restrictions
Deposit Rates - April 3, 2020
Your Current Location: Washington, WA 98109
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.30% | $5 | - | Learn More |
|
Money Market
|
0.25% | $1 | $9,999 | Learn More |
|
Money Market
|
0.30% | $10,000 | $24,999 | Learn More |
|
Money Market
|
0.35% | $25,000 | $49,999 | Learn More |
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 3 Mo CD
|
0.50% | $2,500 | $99,999 | Learn More |
| 6 Mo CD
|
0.65% | $2,500 | $99,999 | Learn More |
| 12 Mo CD
|
1.70% | $1,000 | $99,999 | Learn More |
| Compare with 1.92% APY 12 MONTH from Gateway First Bank | Advertiser Disclosure | ||||
| Compare with 1.92% APY 12 MONTH from Gateway First Bank | Advertiser Disclosure | ||||
| Compare with 2.02% APY 12 MONTH from Gateway First Bank | Advertiser Disclosure | ||||
| Compare with 2.02% APY 12 MONTH from Gateway First Bank | Advertiser Disclosure | ||||
| 18 Mo CD
|
1.70% | $1,000 | $99,999 | Learn More |
| 24 Mo CD
|
1.75% | $1,000 | $99,999 | Learn More |
| 30 Mo CD
|
1.75% | $1,000 | $99,999 | Learn More |
| 36 Mo CD
|
1.95% | $1,000 | $99,999 | Learn More |
| 48 Mo CD
|
1.85% | $1,000 | $99,999 | Learn More |
| 60 Mo CD
|
1.90% | $1,000 | $99,999 | Learn More |
| Variable IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Var IRA
|
0.30% | $5 | - | Learn More |
| Fixed IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Fixed IRA
|
1.70% | $1,000 | $99,999 | Learn More |
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.05% | $1 | $9,999 | Learn More |
Loan Rates - April 3, 2020
Your Current Location: Washington, WA 98109
| Auto Loan Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 3 Year | 3.30% | 3.30% | $730.34 | |
| 4 Year | 3.30% | 3.30% | $556.68 | |
| 5 Year | 3.30% | 3.30% | $452.56 |
| Refinance Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 5 Year Adjustable Conforming | 4.67% | 3.50% | $1,122.61 | |
| 15 Year Fixed Conforming | 3.41% | 3.13% | $1,742.13 | |
| 30 Year Fixed Conforming | 3.91% | 3.75% | $1,157.79 |
| Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 5 Year Adjustable Conforming | 4.67% | 3.50% | $1,122.61 | |
| 15 Year Fixed Conforming | 3.41% | 3.13% | $1,742.13 | |
| 30 Year Fixed Conforming | 3.91% | 3.75% | $1,157.79 | |
Compare with 4.542% APR and 4.500% 30-Year Fixed RATE from Rocket Mortgage
See All Mortgage Rates |
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Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.
Branches
Below are Eastman branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Seattle,Washington
Eastman Locations
Financial Details
Eastman Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Eastman. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Eastman | U.S. Average |
|---|---|
| 0.92% | 5.86 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of June 30, 2019, Eastman had $3,702,088 in non-current loans and $2,203,777 in owned assets. To cover these potential losses it had $629,323,110 in net worth and $15,253,770 in loans loss reserves. That gives it a Texas Ratio of 0.92%.
Net Worth
| Eastman | U.S. Average |
|---|---|
| 13.06% | 13.65% |
Eastman FCU has a net worth of 13.06% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Frequently Asked Questions About Eastman
Branches and Savings
What is Eastman?
A federal credit union, registered with the NCUA under certificate #68095.
Learn more about credit unions here.
Is Eastman FDIC insured?
No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.
Who can join Eastman?
Please see Field of Membership information above for information on who is eligible to join.
How big is Eastman?
Eastman has total capital of $629.32 million. Full information on Eastman's financial position is located above.
Who owns Eastman?
Credit Unions are owned by their members.
Where are Eastman branches located?
See branch locations nearby.
Are Eastman ATMs Open 24/7?
Do Eastman ATMs accept cash deposits?
Can Eastman customers use other ATMs? What is the charge for withdrawing money from another ATM?
Does Eastman have a mobile app?
Does Eastman have mobile deposit?
Does Eastman have quick pay?
How can Eastman transfer money to other banks or credit unions?
Does Eastman report to credit bureaus?
Does Eastman use Chexsystems?
Does Eastman use Equifax?
What is Eastman's toll free phone number?
What is Eastman's ACH Routing Number?
What is Eastman's SWIFT code?
Where can I find Eastman's wire transfer form?
What is the Eastman address for deposits?
What Products Does Eastman Offer
Does Eastman offer home equity lines of credit and home equity loans?
Compare home equity lines of credit rates here.
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