Eastman Credit Union

Headquarters

P. O. Box 1989
Kingsport, TN 37662
See all branch locations →

Phone 1-423-578-7676

Notable Rates APY Vs.Others
Savings 0.30% 3.05% →
1-Year CD 0.80% 3.70% →
2-Year CD 0.85% 3.80% →
5-Year CD 1.15% 4.25% →
30-Year Mortgage 7.41% 6.31% →
15-Year Mortgage 6.91% 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Eastman is an NCUA insured institution located in Kingsport, TN. It was founded in 1934 and has approximately $7517.64 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 / State-Chartered
Charter Number # # 68095
Date Established 1934
Assets $7,517.64 million
Loans $5,641.30 million
Deposits $6,589.74 million
Capital $866.40 million
 

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 - September 30, 2022

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.30% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.30% $10,000 $14,999 Learn More
Money Market
0.35% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.45% $10,000 $14,999 Learn More
6 Mo CD
0.45% $100,000 $199,999 Learn More
12 Mo CD
0.75% $10,000 $14,999 Learn More
12 Mo CD
0.80% $100,000 $199,999 Learn More
18 Mo CD
0.75% $10,000 $14,999 Learn More
18 Mo CD
0.80% $100,000 $199,999 Learn More
24 Mo CD
0.80% $10,000 $14,999 Learn More
24 Mo CD
0.85% $100,000 $199,999 Learn More
30 Mo CD
1.10% $10,000 $14,999 Learn More
30 Mo CD
1.15% $100,000 $199,999 Learn More
36 Mo CD
0.85% $10,000 $14,999 Learn More
36 Mo CD
0.90% $100,000 $199,999 Learn More
48 Mo CD
0.90% $10,000 $14,999 Learn More
48 Mo CD
0.95% $100,000 $199,999 Learn More
60 Mo CD
1.10% $10,000 $14,999 Learn More
60 Mo CD
1.15% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 30, 2022

Your Current Location: Connecticut, CT 06828

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
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:
Fairfield,Connecticut


Eastman Locations



Climate Initiatives

EASTMAN is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

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
1.51% 4.75

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 March 31, 2022, Eastman had $12,650,442 in non-current loans and $724,415 in owned assets. To cover these potential losses it had $866,397,386 in net worth and $20,575,944 in loans loss reserves. That gives it a Texas Ratio of 1.51%.

Net Worth
Eastman U.S. Average
11.52% 12.28%

Eastman FCU has a net worth of 11.52% versus the BestCashCow average of 12.28. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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