EASTMAN

P. O. BOX 1989
Kingsport, TN 37662

 

2018 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 68095
Date Established 1934
Assets $4,336.09 million
Loans $3,744.68 million
Deposits $3,736.28 million
Capital $565.02 million

Eastman is an NCUA insured institution located in Kingsport, TN. It was founded in 1934 and has approximately $4336.09 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.

Field of Membership Restrictions

Membership in Eastman Credit Union is open to those who live, work, attend school or worship in Lee, Scott, Washington, Dickenson Counties, select portions of Wise and Russell Counties in Virginia and Hancock, Hawkins, Greene, Sullivan, Washington, or Sevier Counties in Tennessee and Gregg or Harrison Counties in Texas. Membership is also open to those who regularly work in the healthcare industry in the above counties and Carter, Hamblen, Johnson or Unicoi Counties in Tennessee; Buchanan, Russell, Smyth, Tazewell or Wise Counties in Virginia; employees of Eastman Chemical Company, FutureFuel Chemical Company and over 75 Select Employer Groups.

Deposit Rates - December 16, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.25% $1 $9,999 Learn MoreShow Less
Money Market
0.30% $10,000 $24,999 Learn MoreShow Less
Money Market
0.35% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
2.00% $1,000 $99,999 Learn MoreShow Less
Special: 9 Mo FIRA
2.25% $1,000 - Learn MoreShow Less
Special: 18 Mo FIRA
2.75% $1,000 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.50% $2,500 $99,999 Learn MoreShow Less
6 Mo CD
0.65% $2,500 $99,999 Learn MoreShow Less
Special: 9 Mo CD
2.25% $1,000 - Learn MoreShow Less
12 Mo CD
2.00% $1,000 $99,999 Learn MoreShow Less
Special: 18 Mo CD
2.75% $1,000 - Learn MoreShow Less
18 Mo CD
2.00% $1,000 $99,999 Learn MoreShow Less
24 Mo CD
2.30% $1,000 $99,999 Learn MoreShow Less
30 Mo CD
2.30% $1,000 $99,999 Learn MoreShow Less
36 Mo CD
2.40% $1,000 $99,999 Learn MoreShow Less
48 Mo CD
2.50% $1,000 $99,999 Learn MoreShow Less
60 Mo CD
2.60% $1,000 $99,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.30% $5 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $9,999 Learn MoreShow Less

Loan Rates - December 16, 2018

Your Current Location: Virginia, VA 20146

Auto Loan Rates APR Rate Monthly Payment
3 Year 3.50% 3.50% $732.55
4 Year 3.50% 3.50% $558.90
5 Year 3.50% 3.50% $454.79
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

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:
Ashburn,Virginia


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
0.83% 5.78

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, 2018, Eastman had $3,421,005 in non-current loans and $1,375,127 in owned assets. To cover these potential losses it had $565,019,725 in net worth and $12,698,148 in loans loss reserves. That gives it a Texas Ratio of 0.83%.

Net Worth
Eastman U.S. Average
13.03% 13.21%

Eastman FCU has a net worth of 13.03% versus the BestCashCow average of 13.21. 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 On Eastman

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.

What are Eastman's share account and share certificate rates?

Eastman's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Eastman?

Eastman has total capital of $565.02 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 mortgages?

Compare mortgage rates here.

Does Eastman offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Eastman offer auto and RV loans?

Compare auto loan rates here.

Does Eastman offer student loans or personal loans?

Compare personal loan rates here.

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*All images, logos and public notes on this page appear courtesy of Eastman and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.