Edu Federal Credit Union

Headquarters

P.o. Box 232
New Castle, DE 19720
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.01% 3.05% →
1-Year CD 0.10% 3.70% →
2-Year CD N.A. 3.80% →
5-Year CD 0.40% 4.25% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Edu is an NCUA insured institution located in New Castle, DE. It was founded in 1953 and has approximately $50.88 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 8609
Date Established 1953
Assets $50.88 million
Loans $11.11 million
Deposits $48.43 million
Capital $3.02 million
 

Field of Membership Restrictions

Membership is open to current employees or retirees of any school in New Castle County and to students of any public school in New Castle County.

Deposit Rates - September 30, 2022

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Youth Shares (Bank at School)
0.01% $1 - Learn More
Regular Savings
0.01% $50 - Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
Share Certificate
0.01% $500 - Learn More
Share Certificate
0.05% $500 - Learn More
Share Certificate
0.10% $500 - Learn More
Share Certificate
0.15% $500 - Learn More
Share Certificate
0.25% $500 - Learn More
Share Certificate
0.40% $500 - Learn More
Int Checking Rates APY MIN MAX
Share Draft
0.00% $0 - Learn MoreShow Less

Loan Rates - September 30, 2022

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for EDU

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Connecticut 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Northpointe Bank
NMLS ID: 447490
6.440% 6.375% 0.63 $1,700 $1,560 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
6.477% 6.375% 0.63 $2,678 $1,560 Learn More
Morty, Inc.
NMLS ID: 1429243
6.298% 6.250% 0.50 $1,272 $1,540 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

Note to EDU
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Edu 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



Climate Initiatives

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

Financial Details

Edu Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Edu. 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
Edu U.S. Average
3.08% 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, Edu had $100,773 in non-current loans and $0 in owned assets. To cover these potential losses it had $3,021,218 in net worth and $245,562 in loans loss reserves. That gives it a Texas Ratio of 3.08%.

Net Worth
Edu U.S. Average
5.99% 12.28%

Edu FCU has a net worth of 5.99% 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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