Education First Credit Union Columbus OH | Affordable Auto Loans & Business Banking

Introduction

Welcome to Education First Credit Union, Inc., located at 5950 Carnaby Way, Columbus, OH 43213. Established in 1936, we have proudly served our community for over 85 years, building a legacy of trust and reliability. Our commitment is reflected not only in the financial services we provide but also in the strong relationships we've nurtured with our 12,235 members. At Education First Credit Union, our total assets amount to an impressive $139,295,582, showcasing our financial strength and stability. We manage total deposits of $4,372,302 and maintain a healthy net worth of $13,382,851, ensuring that your money is safe with us. With $1,053,967 cash in hand and a robust loan portfolio consisting of 7,758 loans, we are well-equipped to meet your financial needs. Our leadership team, headed by CEO Michael Wettrich and Board President Julie Didlick, is dedicated to providing exceptional service and innovative financial solutions. Whether you're looking for personal banking options like checking and savings accounts or need assistance with auto loans or mortgages, we are here to help you every step of the way. While members can visit us at our branch location on Carnaby Way for all their banking needs, official correspondence should be sent to the same address. If you have any questions or would like more information about our services, feel free to reach out to us at 614-221-9376 or explore our offerings online at www.educu.org. Join us at Education First Credit Union where your financial well-being comes first!

Branch History & Mission

Join Us

As we look toward the future, we invite you to be part of our growing family. Whether you're seeking a new checking account, an auto loan, or guidance on financial matters, Education First Credit Union is here for you every step of the way. With operating hours from Monday through Friday and Saturday drive-thru options available, we're ready to meet your needs at your convenience. Reach out today at 614-221-9376 or explore more about how you can become a member by visiting our website. Experience firsthand how Education First Credit Union stands as a beacon of support and growth within our vibrant Columbus community!

Our Evolution

From our humble beginnings, we have steadily grown into a trusted financial partner for over 12,000 members, boasting total assets of approximately $139 million. As we evolved over the decades, we embraced the changing needs of our community, introducing innovative services while maintaining the personal touch that sets us apart. Our branch is conveniently located at 5950 Carnaby Way, right in the heart of Columbus. You can easily find us near local landmarks like the Eastland Mall and just a short drive from major highways. While our physical address is where you can visit us for all your banking needs, official correspondence should be sent to the same address. We offer a variety of services designed to make banking easy and effective whether through traditional methods or our modern digital platforms.

Our Mission

At Education First Credit Union, our mission is clear: we strive to provide exceptional financial services while fostering a spirit of community support and education. We believe that everyone deserves access to quality financial resources that can help them thrive. This commitment is reflected not only in our competitive loan rates and flexible account options but also in our active involvement in local outreach programs aimed at improving lives within Columbus. We are proud to have embraced technology that enhances accessibility offering online and mobile banking solutions, as well as ATM availability for your convenience. Our drive-thru service allows you to handle transactions quickly without needing to leave your vehicle. We even participate in shared service centers, enabling members from partner credit unions to access their accounts with ease.

Branch Location & Accessibility

Welcome to the Education First Credit Union, Inc. at our Reynoldsburg Branch! Conveniently located at 5950 Carnaby Way in Columbus, Ohio, we are here to serve you with a range of financial services designed to meet your needs. Our branch is easily accessible, making it simple for you to drop by and take care of your banking. If you're planning a visit, you'll find us nestled near local landmarks that enhance the neighborhood charm. Parking is available on-site, and our branch is fully ADA compliant with ramps and accessibility features to ensure everyone can access our services comfortably. We understand that your time is valuable, which is why we offer flexible operating hours. Our lobby is open Monday through Thursday from 8:30 a.m. to 5:00 p.m., Friday until 6:00 p.m., and on Saturdays, you can use our drive-thru from 9:00 a.m. to 1:00 p.m. Whether you're stopping by for a quick transaction or need assistance with loans or accounts, our friendly staff is ready to help. For those who prefer digital banking options, we also provide ATM access right here at the branch and basic drive-thru services for deposits and withdrawals. Plus, if you're a member of one of our partner credit unions, feel free to take advantage of shared branch services for your convenience. If you have any questions or would like more information about what we offer, please don't hesitate to give us a call at 614-221-9376. We invite you to visit us soon and discover how Education First Credit Union can support your financial journey!

Member Eligibility

At Education First Credit Union, Inc., we believe in building a community where everyone feels welcome and valued. Becoming a member is a simple and rewarding journey! If you live, work, or worship in the area, you're likely eligible to join us. We're here for anyone who wants to take control of their financial future and enjoy the benefits that come with being part of our cooperative family. By joining Education First Credit Union, Inc., you gain access to personalized services like checking and savings accounts, loans, and more all tailored to your needs. To get started on your membership application, just visit us at 5950 Carnaby Way Columbus Oh 43213 or give us a call at (614) 221-9376. You can find more detailed information about eligibility on our website at https://www.educu.org/about-efcu/membership/ . Once you're ready to open an account, check out the easy steps outlined at https://www.educu.org/loans/apply-for-a-loan/ . Joining us means becoming part of something special where your financial well-being is our top priority!

Business Banking & Commercial Services

Loan Options Tailored for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $57 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Make Life Easier

Imagine running your daily operations without the hassle of complicated payment processes. Our merchant services offer straightforward solutions that allow you to accept payments seamlessly, whether online or in-store. This means more time focusing on what truly matters growing your business! Visit us at 5950 Carnaby Way Columbus Oh 43213 in Columbus, OH or call us at (614) 221-9376 to learn how we can help your business thrive!

Comprehensive List Of Services

ATM Access and Drive-Thru Services

Need cash on the go? Our ATM availability ensures you can withdraw funds when you need them most. Plus, our drive-thru services allow for quick deposits and withdrawals without having to leave your car perfect for busy days!

Business Banking Solutions

For small businesses, Education First Credit Union, Inc. offers a variety of business banking services including merchant services and business loans. We understand the unique challenges faced by entrepreneurs and are here to support your growth and success.

Credit Cards and Rewards

Don't forget about our credit cards with rewards! They not only provide you with purchasing power but also allow you to earn points on every dollar spent, which can be redeemed for exciting rewards. It's a smart way to manage your purchases while earning something back.

Digital Banking Convenience

In today's fast-paced world, convenience is key. Our online and mobile banking platforms empower you to manage your accounts anytime, anywhere. You can easily check balances, transfer funds, pay bills, and even send money to friends with just a few taps on your smartphone. With features like e-statements and mobile payments, keeping track of your finances has never been easier.

Personal Banking Services

We understand that managing your finances can sometimes feel overwhelming. That's why our personal banking services are tailored to make your life easier. Start by exploring our checking and savings accounts, which are perfect for everyday banking and helping you save for future goals. If you're in the market for a new vehicle, our auto loans and vehicle financing options can help you get behind the wheel without breaking the bank. For those considering home ownership or refinancing, our mortgage loans provide competitive rates and personalized service. And if you're facing unexpected expenses or looking to consolidate debt, our personal loans offer flexible terms to suit your needs.

Shared Branch Transactions

We also participate in shared branching services, allowing members of partner credit unions to perform basic transactions such as deposits and withdrawals at our location. This means even more accessibility for all our members. With so many services available at Reynoldsburg Branch, we invite you to explore how we can help simplify your financial journey. For more information or assistance, don't hesitate to reach out at (614) 221-9376. Your financial well-being is important to us, and we're here to help! Visit us today or check out our website at https://www.educu.org/ for more details on how we can serve you better.

Digital & Online Banking

Key Features

With our online banking services available 24/7, you can check balances, transfer funds, and pay bills anytime you want. Simply visit https://www.educu.org/ to get started. Our platform is user-friendly, ensuring you can navigate through your financial needs without any hassle. For those moments when you need to sign documents quickly, our electronic signature authorization makes it simple and secure. No more printing or scanning; just sign electronically from the comfort of your device. We also provide e-statements, allowing you to view your account statements online whenever you need them. This not only helps you stay organized but also reduces paper clutter helping the environment one statement at a time!

Mobile Banking Convenience

Our commitment to convenience extends to mobile banking as well. With our dedicated mobile application, you have access to all the features of online banking right in your pocket. You can even use mobile payments for quick transactions at various retailers, making shopping a breeze. Need to send money to a friend or family member? Our person-to-person transfers let you do that effortlessly. It's as simple as a few taps on your phone! In today's fast-paced world, having real-time access to your accounts is essential. At Education First Credit Union, Inc., we strive to provide an accessible and secure online banking experience so that managing your finances is both easy and safe. Join us today and take control of your banking with confidence!

Financial Strength

Growing Membership Base

Total Share Accounts stand at 23,137, showing a strong and growing member base that trusts us with their finances. The funds available for lending and investments amount to $1,616,799 in net shares. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Education First Credit Union is your trusted partner. Visit us at 5950 Carnaby Way Columbus Oh 43213 or call 614-221-9376 to learn more about how we can help you achieve your financial goals.

Investment in Future Growth

With $13,068,490 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Additionally, with $93,705,641 in total loans and leases, including 1,519 used auto loans, our lending capacity supports members' financial goals across various sectors.

Member-Centric Savings

Members' savings are secured through $21,425,004 in share certificates and $35,827,165 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $2,685,940, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is reflected in our current net income of $0, which allows us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 33 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team.

Strong Financial Foundation

With a net worth of $13,382,851, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 9.59% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $22,343,972 in used vehicle loans and $8,414,122 in new vehicle loans already helping members get on the road. We provide financing options for both new and used vehicles, making it easier than ever to drive home in your dream car.

Credit Lines

If you need access to funds for unexpected expenses or ongoing projects, our total credit lines amount to $22,598,647. This can provide peace of mind knowing that funds are available when you need them most. Our goal is to support our members with meaningful financial solutions. If you're interested in applying for any of these loans or would like more information about refinancing options available to you, feel free to reach out! You can contact us at 614-221-9376 or visit us at 5950 Carnaby Way, Columbus, OH 43213. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $16,199,590, make buying or refinancing simple. We are committed to guiding you through the process every step of the way. If you're considering refinancing your existing mortgage, ask us about our eligibility options today.

Unsecured Credit Cards

We also offer flexible terms on unsecured credit card loans, with a total of $7,288,622 in loans helping members manage their finances effectively. These cards come with benefits that can suit various spending habits and lifestyles.

Loan Aggregator

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EDUCATION FIRST CREDIT UNION, INC. CREDIT UNION - Columbus, OH