Educational

Headquarters

7800 Sw 117th Ave
Miami, FL 33183
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 0.65% →
1-Year CD 0.40% 0.67% →
2-Year CD 0.50% 0.75% →
5-Year CD 1.00% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Educational is an NCUA insured institution located in Miami, FL. It was founded in 1935 and has approximately $1445.11 millions in assets.

Who May Join the Credit Union?

Membership is available to the following individuals and groups.

Employees of:
Miami-Dade County Public Schools (M-DCPS)
Miami-Dade College (MDC)
United Teachers of Dade (UTD)
Charter Schools sponsored by Miami-Dade County Public Schools in Miami, FL
Balere Language Academy
Dade Christian School
Alliance for Early Care & Education
South Florida Educational FCU

Students of:
Miami-Dade County Public Schools (M-DCPS)
Miami-Dade College (MDC)
Balere Language Academy
Dade Christian School

Persons retired as pensioners or annuitants from the above employers.

Relatives of members as follows:
Spouse, Children (including stepchildren), Sibling (including step sibling), Parent (including stepparent), Grandparent, Grandchild, Adoptive relationships

Spouses of persons who died while within the field of membership of the credit union.

Persons living in the same residence and maintaining a single economic unit with another credit union member.

Organizations of people eligible for membership in this Credit Union.

NCUA Insured Yes / Federally Chartered
Charter Number # # 176
Date Established 1935
Assets $1,445.11 million
Loans $431.16 million
Deposits $1,185.92 million
Capital $231.21 million
 

Field of Membership Restrictions

Membership in South Florida Educational Federal Credit Union is open to employees and students and their families of Miami-Dade County Public Schools, Miami-Dade College, Christ Fellowship and Academy, Dade Christian School, Mater Academy East Charter Middle/High School, The Thinking Child Christian Academy, Charter Schools Sponsored by Miami-Dade Public Schools, and Balere Language Academy. Membership is also open to employees of United Teachers of Dade and members of Alliance for Early Care & Education.

Deposit Rates - May 8, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.45% $100,000 $199,999 Learn More
12 Mo CD
0.35% $10,000 $14,999 Learn More
12 Mo CD
0.40% $100,000 $199,999 Learn More
18 Mo CD
0.45% $10,000 $14,999 Learn More
18 Mo CD
0.40% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.45% $100,000 $199,999 Learn More
36 Mo CD
0.65% $10,000 $14,999 Learn More
36 Mo CD
0.70% $100,000 $199,999 Learn More
48 Mo CD
0.75% $10,000 $14,999 Learn More
48 Mo CD
0.80% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
0.95% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.55% $1 $499 Learn MoreShow Less
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 - May 8, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for EDUCATIONAL

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 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.658% 2.625% 0.38 $1,090 $1,005 Learn More
Rocket Mortgage
NMLS ID: 3030
3.368% 3.250% 1.00 $3,750 $1,089 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR
1.990 %
After Intro: 4.700 %
Intro Period: 12 months
$0 Learn More
More Info

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


 

Branches

Below are Educational 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


Educational Locations


Financial Details

Educational Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Educational. 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
Educational U.S. Average
0.63% 5.40

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 December 31, 2020, Educational had $1,403,849 in non-current loans and $62,545 in owned assets. To cover these potential losses it had $231,207,452 in net worth and $1,663,121 in loans loss reserves. That gives it a Texas Ratio of 0.63%.

Net Worth
Educational U.S. Average
15.99% 12.67%

Educational FCU has a net worth of 15.99% versus the BestCashCow average of 12.67. 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 Educational

Branches and Savings

What is Educational?

A federal credit union, registered with the NCUA under certificate #176.
Learn more about credit unions here.

Is Educational FDIC insured?

No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Educational is insured by the NCUA.

Who can join Educational?

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

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

Educational'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 Educational?

Educational has total capital of $231.21 million. Full information on Educational's financial position is located above.

Who owns Educational?

Credit Unions are owned by their members.

Where are Educational branches located?

See branch locations nearby.

Are Educational ATMs Open 24/7?

Do Educational ATMs accept cash deposits?

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

Does Educational have a mobile app?

Does Educational have mobile deposit?

Does Educational have quick pay?

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

Does Educational report to credit bureaus?

Does Educational use Chexsystems?

Does Educational use Equifax?

What is Educational's toll free phone number?

What is Educational's ACH Routing Number?

What is Educational's SWIFT code?

Where can I find Educational's wire transfer form?

What is the Educational address for deposits?

What Products Does Educational Offer

Does Educational offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Educational offer auto and RV loans?

Compare auto loan rates here.

Does Educational offer student loans or personal loans?

Compare personal loan rates here.

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