EDUCATION FIRST

P. O. Box 26751
Beaumont, TX 77720

Notable Rates APY Vs.Others
Savings 0.35% 2.30% →
1-Year CD 1.51% 2.25% →
2-Year CD 1.71% 2.50% →
5-Year CD 2.38% 3.25% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Education First is an NCUA insured institution located in Beaumont, TX. It was founded in 1952 and has approximately $419.8 millions in assets.

Who can join?

You are eligible for membership at EducationFirst if you are a family member of any EducationFirst member (i.e., spouse, children, parents, brothers, sisters, grandparents and grandchildren).

Or if you live, work, worship, volunteer or attend school in the six-county area of Jefferson, Orange, Hardin, Newton, Jasper and Tyler, you can also join EducationFirst, along with the employees and retirees of the East Chambers and High Island Independent School Districts.

NCUA Insured Yes
Charter Number # # 24470
Date Established 1952
Assets $419.80 million
Loans $208.38 million
Deposits $375.58 million
Capital $47.33 million
 

Field of Membership Restrictions

Membership in Education First Federal Credit Union is open to those who live, work, worship, volunteer, or attend school in the following counties: Hardin, Jasper, Jefferson, Newton, Orange, and Tyler. Membership is also open to current or retired employee of the East Chambers or High Island Independent School Districts and immediate family of current members.

Deposit Rates - December 10, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.60% $2,000 $19,999 Learn MoreShow Less
Money Market
0.70% $20,000 $49,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
1.00% $500 $24,999 Learn MoreShow Less
1.26% $500 $24,999 Learn MoreShow Less
1.51% $500 $24,999 Learn MoreShow Less
1.71% $500 $24,999 Learn MoreShow Less
1.92% $500 $24,999 Learn MoreShow Less
2.38% $500 $24,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.70% $5 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.25% $2,000 - Learn MoreShow Less

Loan Rates - December 10, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for EDUCATION FIRST

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.625% 3.625% -0.13 ($362) $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.034% 4.990% 0.00 $1,250 $1,341 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info
Atlantic Union Bank
Atlantic Union Bank
4.750 %
$15,000 Learn More
More Info

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



Branches

Below are Education First 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


Education First Locations


Financial Details

Education First Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Education First. 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
Education First U.S. Average
3.44% 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, Education First had $1,432,363 in non-current loans and $245,738 in owned assets. To cover these potential losses it had $47,325,573 in net worth and $1,428,746 in loans loss reserves. That gives it a Texas Ratio of 3.44%.

Net Worth
Education First U.S. Average
11.27% 13.65%

Education First FCU has a net worth of 11.27% 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 Education First

Branches and Savings

What is Education First?

A federal credit union, registered with the NCUA under certificate #24470.
Learn more about credit unions here.

Is Education First 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 Education First?

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

What are Education First's share account and share certificate rates?

Education First'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 Education First?

Education First has total capital of $47.33 million. Full information on Education First's financial position is located above.

Who owns Education First?

Credit Unions are owned by their members.

Where are Education First branches located?

See branch locations nearby.

Are Education First ATMs Open 24/7?

Do Education First ATMs accept cash deposits?

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

Does Education First have a mobile app?

Does Education First have mobile deposit?

Does Education First have quick pay?

How can Education First transfer money to other banks or credit unions?

Does Education First report to credit bureaus?

Does Education First use Chexsystems?

Does Education First use Equifax?

What is Education First's toll free phone number?

What is Education First's ACH Routing Number?

What is Education First's SWIFT code?

Where can I find Education First's wire transfer form?

What is the Education First address for deposits?

What Products Does Education First Offer

Does Education First offer mortgages?

Compare mortgage rates here.

Does Education First offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Education First offer auto and RV loans?

Compare auto loan rates here.

Does Education First offer student loans or personal loans?

Compare personal loan rates here.

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