EDU

Headquarters

P.O. BOX 232
New Castle, DE 19720
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.01% 0.91% →
1-Year CD 0.10% 0.85% →
2-Year CD N.A. 0.95% →
5-Year CD 0.40% 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Edu is an NCUA insured institution located in New Castle, DE. It was founded in 1953 and has approximately $43.28 millions in assets.

NCUA Insured Yes
Charter Number # # 8609
Date Established 1953
Assets $43.28 million
Loans $15.49 million
Deposits $40.22 million
Capital $2.90 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 - December 2, 2020

Your Current Location: Virginia, VA 20146

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 - December 2, 2020

Your Current Location: Virginia, VA 20146

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 - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
New American Funding
NMLS ID: 6606
2.611% 2.500% 0.88 $3,664 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

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:
Ashburn,Virginia


Edu Locations


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
3.72% 6.71

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 30, 2020, Edu had $127,756 in non-current loans and $0 in owned assets. To cover these potential losses it had $2,901,338 in net worth and $529,334 in loans loss reserves. That gives it a Texas Ratio of 3.72%.

Net Worth
Edu U.S. Average
6.7% 13.61%

Edu FCU has a net worth of 6.7% versus the BestCashCow average of 13.61. 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 Edu

Branches and Savings

What is Edu?

A federal credit union, registered with the NCUA under certificate #8609.
Learn more about credit unions here.

Is Edu 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 Edu?

Please see Field of Membership information above for information on who is eligible to join.

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

Edu'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 Edu?

Edu has total capital of $2.90 million. Full information on Edu's financial position is located above.

Who owns Edu?

Credit Unions are owned by their members.

Where are Edu branches located?

See branch locations nearby.

Are Edu ATMs Open 24/7?

Do Edu ATMs accept cash deposits?

Can Edu customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Edu have a mobile app?

Does Edu have mobile deposit?

Does Edu have quick pay?

How can Edu transfer money to other banks or credit unions?

Does Edu report to credit bureaus?

Does Edu use Chexsystems?

Does Edu use Equifax?

What is Edu's toll free phone number?

What is Edu's ACH Routing Number?

What is Edu's SWIFT code?

Where can I find Edu's wire transfer form?

What is the Edu address for deposits?

What Products Does Edu Offer

Does Edu offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Edu offer auto and RV loans?

Compare auto loan rates here.

Does Edu offer student loans or personal loans?

Compare personal loan rates here.

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