Education First Credit Union Beaumont TX | Low Mortgage Rates & Business Banking

Introduction

Welcome to Education First Federal Credit Union, where we put our members at the heart of everything we do. Located at 7025 Eastex Fwy, Beaumont, TX 77706, our credit union has been a trusted financial partner since 1952. With a proud membership base of over 32,625 individuals and total assets exceeding $622 million, we are dedicated to providing personalized financial services that meet your unique needs. At Education First, we believe in building a strong community. Our commitment is reflected not only in our range of products including checking and savings accounts, auto loans, and business banking but also in our ongoing support for local initiatives. Under the leadership of CEO Urjit Patel and Board President Chris Busch, we strive to create a welcoming environment for all our members. While you can visit us directly at our branch location, please note that any official correspondence should be sent to our mailing address: 7025 Eastex Freeway, Beaumont, TX 77706-6515. With a team of 155 dedicated employees, we're here to assist you during our operating hours: Monday through Friday from 9:00 A.M. to 5:00 P.M. and Saturday from 9:00 A.M. to 12:00 P.M. Our focus on service is evident in the impressive financial figures that showcase our stability and reliability. We proudly manage total deposits amounting to $13,272,048 and maintain a net worth of $53,858,908. Whether you're looking for loans totaling over 26,824 or simply want to save more effectively with competitive rates on shares (over 75,521), Education First is committed to helping you achieve your financial goals. We invite you to explore all that we offer by visiting our website at www.educationfirstfcu.org. For any inquiries or assistance, feel free to call us at 409-898-3770. Join us today and experience the difference with Education First Federal Credit Union!

Branch History & Mission

At Education First, we take pride in our rich history and unwavering commitment to the community of Beaumont, TX. Established in 1952, our credit union has grown from a small group of dedicated members to a thriving organization with over 32,600 members today. We are located at 7025 Eastex Fwy, Beaumont, TX 77706, a central hub that is easily accessible for all your financial needs. Our mission is clear: to provide exceptional financial services while fostering a strong sense of community support. We believe that every member deserves not just access to banking services but also guidance and resources that help them achieve their financial goals. Whether you're looking for personal banking solutions like checking and savings accounts or seeking assistance with auto loans and mortgages, Education First is here to help. Over the years, we have seen significant milestones that reflect our growth and dedication. Our total assets now exceed $622 million, showcasing our stability and ability to serve our members effectively. We continuously strive to improve our services through innovative digital advancements such as online banking and mobile payments, ensuring that we meet the needs of today's tech-savvy consumers. While members can visit us at 7025 Eastex Fwy, official correspondence should be sent to 7025 Eastex Freeway, Beaumont, TX 77706-6515 if different from our branch address. Our operating hours are convenient for everyone Monday through Friday from 9:00 A.M. to 5:00 P.M., and Saturday from 9:00 A.M. to 12:00 P.M. making it easy for you to manage your finances when it suits you best. Education First also values its community ties. We engage in various outreach programs aimed at improving the lives of those around us. Our partnerships with local organizations ensure we are actively contributing to the betterment of Beaumont. As we look toward the future, we invite you to join us on this journey. Experience firsthand how Education First can empower you financially while being an integral part of the community. Come visit us or call us at 409-898-3770 today! Your financial well-being is our mission, and together we can achieve great things!

Branch Location & Accessibility

Get in Touch!

If you have any questions or would like more information about our services, feel free to give us a call at 409-898-3770. We invite you to visit our branch at your convenience and experience the difference that comes with being part of the Education First family!

Nearby Landmarks and Accessibility

You can find us right off Eastex Freeway, making it easy to stop by on your daily commute. We are close to several local landmarks, including the popular Parkdale Mall and nearby schools, ensuring that we're just a stone's throw away from your favorite spots. Our branch features accessible parking options and ADA-compliant facilities so everyone can visit comfortably.

Operating Hours and Services

We understand that life can be busy, which is why we offer flexible operating hours. Visit us Monday through Friday from 9:00 A.M. to 5:00 P.M., or stop by on Saturdays from 9:00 A.M. to 12:00 P.M. for any of your banking needs. While we don't have a drive-thru service available, our friendly staff is always ready to help inside the branch. At Education First, we provide a range of services designed to meet your financial needs from checking and savings accounts to auto loans and credit cards with rewards. Our ATM is available for quick cash withdrawals or balance checks whenever you need it.

Member Eligibility

At Education First, we believe that becoming a member is like joining a supportive family where your financial well-being is our top priority. If you're looking to join us at our Beaumont branch located at 7025 Eastex Fwy, TX 77706, you'll find that eligibility is straightforward and welcoming. Generally, anyone who lives, works, worships, or attends school in the area can become a member. We cherish diversity and invite people from all walks of life to join our community. To make the process even easier for you, we've streamlined membership applications. You can find all the detailed eligibility criteria by visiting our website at https://educationfirst-cloud.lending360.com/accountopening/application?membershipanchorset=true#/membership. Once you're ready to open an account, simply follow the steps outlined at this link. If you have any questions or need assistance along the way, feel free to reach out to us at 409-898-3770. We can't wait to welcome you into our community!

Business Banking & Commercial Services

Loan Options for Every Stage

Imagine having the financial support you need at every step of your business journey. Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $51 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $2 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $14,357,990, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Simplify Transactions

In today's fast-paced world, efficient payment processing is essential. Our merchant services are here to help you streamline transactions and enhance customer experiences. Imagine being able to accept payments quickly and securely, allowing you to focus on what matters most growing your business. Located at 7025 Eastex Fwy Beaumont Tx 77706, our dedicated team is ready to assist you. For more information or to discuss how we can support your business needs, call us at 409-898-3770. Let's work together to turn your vision into reality!

Comprehensive List Of Services

ATM & Cash Withdrawal Services

Need cash? Our ATMs provide easy access for withdrawals and balance checks without the hassle of long lines. You can find an ATM nearby that suits your needs anytime during our operating hours: Monday - Friday from 9:00 A.M. - 5:00 P.M., and Saturday from 9:00 A.M. - 12:00 P.M. At Education First, we're more than just a credit union; we're your financial partner committed to helping you succeed. For any questions about our services or how we can assist you further, please call us at 409-898-3770 or visit us online at educationfirstfcu.org. Let's work together towards achieving all of your financial goals!

Auto Loans & Vehicle Financing

Looking for a new ride? Our auto loans and vehicle financing can help make that dream car a reality. With competitive rates and flexible terms, you can drive off with confidence knowing you've made a smart choice for your budget.

Business Banking

Entrepreneurs can take advantage of our business banking services, which include merchant services and business loans tailored for small businesses. We understand the unique challenges faced by business owners and are here to support your growth.

Credit Cards with Rewards

For those who love rewards, our credit cards come with enticing benefits that allow you to earn points on everyday purchases. Whether it's travel rewards or cashback offers, these cards are designed to enhance your spending experience.

Mortgage Loans & Refinancing

If you're ready to buy a home or refinance an existing mortgage, our mortgage loans come with personalized service. We guide you through each step of the process, ensuring you understand your options and find the best fit for your financial situation.

Online & Mobile Banking

In today's fast-paced world, convenience is key. Our robust online and mobile banking features allow you to manage your finances anytime, anywhere. Pay bills, transfer funds, and check balances with just a few clicks on your smartphone or computer.

Personal Banking

We offer various personal banking options, including checking and savings accounts designed to fit different lifestyles. Imagine having easy access to your money whenever you need it through our user-friendly online and mobile banking platforms. You can manage your accounts on-the-go, making it easier than ever to keep track of your finances.

Personal Loans & Debt Consolidation

Sometimes life throws curveballs that require extra cash. Our personal loans can help cover unexpected expenses or assist with debt consolidation, allowing you to streamline payments into one manageable monthly bill.

Digital & Online Banking

Accessible Anytime, Anywhere

Whether you're at home or out running errands, our online banking services are available around the clock. This means you can manage your finances in real-time, keeping track of spending and savings effortlessly. At Education First, we're committed to providing you with user-friendly digital banking options that prioritize both convenience and security. Join us today and experience how easy banking can be!

Key Features of Our Online Banking Services

You can start exploring our services right now by visiting us at https://www.educationfirstfcu.org/. Our online banking platform allows you to check your account balances, transfer funds, and pay bills all from the comfort of your home or on the go. We also offer electronic statements, so you can say goodbye to paper clutter and easily access your financial information whenever you need it. If you're looking for security, our electronic signature authorization feature ensures that your transactions are both safe and efficient.

Manage Your Money on the Go

For those who prefer mobile banking, our dedicated mobile application gives you all the tools you need right at your fingertips. You can make mobile payments, enabling quick and easy transactions without needing cash or cards. Plus, with person-to-person transfer capabilities, sending money to friends and family is just a few taps away.

Financial Strength

A Strong Foundation

With a net worth of $53,858,908, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 863 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Commitment to Growth

With $53,141,933 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals with $38,593,0521 in total loans and leases, which includes $5,793 in used auto loans. This diverse range of offerings ensures that we can cater to various financial needs.

Member Trust

Total Share Accounts stand at 75,521, reflecting a strong and growing member base that trusts us with their finances. Your trust is invaluable to us as we strive to provide the best possible service tailored to your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Education First is your trusted partner. Visit us at 7025 Eastex Fwy Beaumont Tx 77706 or call 409-898-3770 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results.

Operational Efficiency

Our operational efficiency is evident in our performance metrics. Although we faced a net income of -$1,339,236, our strategic planning allows us to continuously improve our offerings while keeping costs manageable. We also take pride in having 154 full-time employees and 1 part-time employee, ensuring that our branches are always ready to serve you with a knowledgeable and committed team.

Secure Savings

Members' savings are secured through $188,678,620 in share certificates and $87,677,265 in money market shares, offering stable and rewarding financial growth opportunities. We prioritize our members' needs over profits; unlike traditional banks, we focus our resources on benefiting you through better loan rates and exclusive perks.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $100,090,887 in used vehicle loans and $61,768,069 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates that make driving away in your dream car easier than ever.

Business Financing

For business owners, our outstanding commercial loans totaling $14,357,990 provide the capital needed to grow and expand. We know that running a business comes with its own set of challenges, and having access to funding can be critical for success. At Education First, we are committed to helping you find the right financial solutions that align with your lifestyle and aspirations. For more information about our loan products or to start an application today, visit us online at Education First Federal Credit Union or give us a call at 409-898-3770. 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 include Junior Lien 1-4 Family Residential Properties loans totaling $14,646,093, making buying or refinancing simple. We guide you through every step of the process and ensure you understand your choices. If you're interested in refinancing, be sure to ask about our eligibility options.

Unsecured Credit Card Loans

Managing day-to-day expenses? We also offer flexible terms on unsecured credit card loans, with a total of $18,378,982 in loans helping members manage their finances effectively. These cards come with competitive interest rates and rewards programs that can enhance your spending power while keeping your budget in check.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. By using LendMesh, you gain access to a tool designed for clarity and confidence in your lending choices. LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This commitment guarantees that all offers presented are fair and transparent, allowing users to make informed decisions without hidden agendas. One of the standout features of LendMesh is its focus on Verified Data. All loan offers are sourced from legitimate financial institutions, ensuring that users receive trustworthy information. Moreover, LendMesh does not feature Sponsored Listings; lenders are not prioritized based on paid promotions this means users see unbiased results tailored to their needs. The platform also provides Real-Time Rate Comparisons, which means you get up-to-date loan rates from multiple institutions right when you need them. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials reflect the impact LendMesh can have on your financial journey. If you're ready to explore your options, compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

Education First