Introduction
At Education Credit Union, we believe in building a strong financial foundation for our members and the community. Located at 1801 S Fm 2381, Bushland, TX 79012, our branch has been serving the local area since 1935. With a commitment to excellence and community support, we are proud to serve over 40,000 members who trust us with their financial needs. Our dedication to providing exceptional service is reflected in our total assets of $471,015,689 and total deposits amounting to $16,319,454. Whether you're looking for personal banking solutions like checking accounts, auto loans, or credit cards with rewards, or business banking options such as merchant services and business loans, we have you covered. While members can visit us at our branch for personal assistance, official correspondence should be sent to PO Box 376, Bushland, TX 79012. Our team of 168 employees, led by CEO Marcus Smith and Board President Linda Purdy, is here to help you navigate your financial journey with care and expertise. With an impressive loan portfolio of over 37,195 loans and leases, we are committed to ensuring that our members have access to the funds they need when they need them most. We also take pride in maintaining a solid net worth of $54,419,493 and cash reserves totaling $6,129,208, ensuring your money is secure with us. We invite you to experience the personal touch that comes from being part of a member-owned credit union. Visit us today or call us at 806-354-7400 for more information on how we can assist you. Join us in making your financial dreams a reality!
Branch Location & Accessibility
Welcome to the Education Credit Union branch located at 1801 S Fm 2381 in the charming town of Bushland, TX. Our branch is designed with your convenience in mind, making it easy for you to access banking services right in your neighborhood. Whether you're stopping by for a quick transaction or seeking guidance on financial products, we're here to help. If you're coming from nearby landmarks like the Bushland High School or the scenic parks that dot our lovely community, you'll find us easily accessible. We have ample parking available, and our facility is equipped with ADA-compliant features to ensure everyone can visit us comfortably. Our lobby hours run from Monday through Friday, opening bright and early at 7 AM and staying open until 6 PM. If you need to make a quick deposit or withdrawal, take advantage of our drive-thru banking service. We also offer ATM access for those times when you're on the go and need cash quickly. While members can visit us at 1801 S Fm 2381, official correspondence should be sent to PO Box 376, Bushland, TX 79012. Don't hesitate to reach out to us at 806-354-7400 if you have any questions or need assistance. We invite you to stop by and discover all that we have to offer! Your financial journey is important to us, and we look forward to serving you soon.
Financial Strength
At Education, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. You can trust that your financial well-being is in capable hands. Our performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $54,419,493, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 11.54% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $131,666,744 in share certificates and $36,867,963 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $9,394,705, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $45,829,015 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. We have made significant strides with $4,348 in used auto loans and $383,824,635 in total loans and leases to support your financial goals across various sectors. Our operational efficiency is reflected in our $-$781,447, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 151 full-time employees and 17 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. In terms of lending capacity, our net shares available for lending stand at $4,577,270, underscoring our commitment to fostering your financial growth. We currently manage a robust total of 75,901 accounts, demonstrating a strong member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Education is your trusted partner. Visit us at 1801 S Fm 2381 Bushland Tx 79012 or call (806) 354-7400 to learn more about how we can help you achieve your financial goals.
