Educational Employees Credit Union Merced CA | Affordable Auto Loans & Personal Banking

Introduction

Welcome to Educational Employees, your trusted partner in financial well-being right here in Merced, CA! Located at 755 E Yosemite Ave Ste A, our branch has been serving the community since 1934, with a commitment to supporting our 377,842 members through personalized banking solutions. Whether you're looking for a safe place to save or need assistance with loans, we're here to help you achieve your financial goals. At Educational Employees, we believe in the power of community. With total assets exceeding $4.69 billion and a solid net worth of $637 million, our credit union is not just about numbers; it's about people like you. We pride ourselves on being a member-focused institution, dedicated to providing exceptional service and innovative products tailored to your needs. From personal banking services like checking and savings accounts to auto loans and credit cards with rewards, our offerings are designed with your financial journey in mind. Under the leadership of CEO Elizabeth Dooley and Board President Walter Franzell, we have built a robust team of 582 employees committed to ensuring that every member feels valued and understood. Our branch operates Monday through Thursday from 9 AM to 5 PM and Friday from 10 AM to 6 PM, making it convenient for you to stop by or give us a call at 800-538-3328. While you can visit us at our Merced location, official correspondence should be sent to the same address: 755 E Yosemite Ave Ste A, Merced, CA 95340. We invite you to explore more about what we offer by visiting our website at www.myeecu.org. Join us at Educational Employees where we're not just about banking; we're about building relationships. Let's work together towards a brighter financial future!

Branch History & Mission

Community Engagement

Our commitment extends beyond banking; we actively engage with local schools and organizations to support educational initiatives. By partnering with community groups, we work together to foster a culture of learning and growth within Merced. While members can visit us at 755 E Yosemite Ave Ste A, official correspondence should be sent to the same address for consistency in communication. You can reach us anytime at 800-538-3328 during our operating hours: Monday through Thursday from 9 AM to 5 PM and Friday from 10 AM to 6 PM.

Join Us Today

As we look toward the future, Educational Employees remains dedicated to serving you better every day. We invite you to become part of our family a community where your needs come first, and your aspirations are supported. Visit us online at myeecu.org or drop by our branch in Merced to experience firsthand how we can help you achieve your financial dreams!

Mission Statement

At Educational Employees, our mission is simple yet profound: we strive to enhance the financial well-being of our members by providing quality services and resources. We believe in nurturing strong relationships within our community through education and outreach. Our aim is not just to be a financial institution but a partner in every member's journey towards achieving their financial goals. We understand that each member's needs are unique. That's why we provide a variety of services including personal banking, auto loans, mortgage loans, credit cards with rewards, and business banking solutions. Our knowledgeable staff is here to guide you through every step of your financial journey.

Our Journey

Since our inception, Educational Employees has focused on providing accessible financial services tailored to meet the needs of educators and their families. As we evolved over the decades, our mission remained clear: to empower our members with the tools they need for financial success. Today, we proudly hold assets totaling over $4.69 billion, reflecting our commitment to responsible growth and stability. Our branch has embraced technological advancements while maintaining a personal touch. We offer online banking, mobile applications, and ATM access for your convenience. Whether you're checking your balance or applying for a loan, we ensure that our services are user-friendly and accessible to everyone.

Branch Location & Accessibility

Accessibility and Features

At our Merced location, we prioritize accessibility for all members. Our branch features ADA-compliant entrances and ramps to ensure everyone can access our services with ease. Parking is available nearby, so you won't have to worry about finding a spot when you visit us. While members can visit us at 755 E Yosemite Ave Ste A, official correspondence should be sent to the same address, ensuring that your important documents reach us without delay.

Get in Touch

Have questions or need assistance? Don't hesitate to give us a call at 800-538-3328. We're always happy to help! We invite you to come visit us at the Educational Employees branch in Merced where your financial well-being is our top priority.

Operating Hours

We understand that life can be busy, which is why we're here to serve you during convenient hours. Our lobby is open Monday through Thursday from 9 AM to 5 PM, and on Friday from 10 AM to 6 PM. This gives you plenty of opportunities to come in and speak with our dedicated team about your banking needs.

Services Available

Our branch offers a variety of services tailored just for you! From personal banking options like checking and savings accounts to auto loans and credit cards with rewards, we've got something for everyone. Need cash? We have an ATM available on-site for quick withdrawals and balance checks. Please note that while we don't currently offer drive-thru service, our friendly staff is ready to assist you inside.

Member Eligibility

Becoming a member of Educational Employees is like joining a warm, welcoming family where your financial needs are understood and prioritized. To qualify for membership, you'll need to meet certain criteria that make it easy for many to join us. Generally, individuals who live, work, or go to school in the area are eligible, along with their immediate family members. This means that if you're part of our community, we want you on board! You can find the detailed eligibility information at this link. Once you know you're eligible, opening an account is a breeze! Simply visit us at 755 E Yosemite Ave Ste A Merced Ca 95340, or check out our online application process at this page. If you have any questions or need assistance, don't hesitate to give us a call at (800) 538-3328. Join us today and discover the benefits of being part of Educational Employees, where your financial goals take center stage!

Business Banking & Commercial Services

Financing Solutions for Growth

Imagine securing the funds needed to purchase new equipment or hire additional staff. 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 $0 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 Transactions Easy

Managing payments shouldn't be a hassle. Our merchant services provide simple solutions that allow you to focus on what really matters growing your business. From point-of-sale systems to mobile payment options, we help you streamline transactions so you can serve your customers efficiently. Visit us at 755 E Yosemite Ave Ste A Merced Ca 95340 in Merced, CA, or call us at (800) 538-3328 to discover how we can help your business thrive!

Comprehensive List Of Services

Accessibility

We know that ease of access is crucial for our members. With our basic ATM access features, you can quickly withdraw cash or check your balance without hassle. Plus, if you have any questions or need assistance, don't hesitate to reach out at 800-538-3328; our friendly staff is here to help during lobby hours: M-Th 9 am - 5 pm and Fri 10 am - 6 pm.

Business Banking

For entrepreneurs and small business owners, we understand the unique challenges you face. That's why we offer specialized business banking services, including merchant services that simplify payment processing and business loans that can provide the capital needed for growth.

Call-to-Action

Explore all that Educational Employees has to offer by visiting us at our Merced branch or checking out our website at www.myeecu.org. We look forward to assisting you with all your financial needs!

Credit Cards

Our credit cards with rewards offer an excellent way to earn points on everyday purchases. Whether you're planning a vacation or simply want to enjoy cashback on groceries, our credit card options give you flexibility and benefits that enhance your spending.

Digital Banking Features

In today's fast-paced world, convenience is key. Our comprehensive online and mobile banking services allow you to manage your accounts anytime, anywhere. Whether you want to check balances, pay bills, or transfer money between accounts using our user-friendly app or website, we've got you covered. You can also make ATM withdrawals easily at any of our locations.

Loans and Financing

If you're considering a new vehicle or need funds for other personal expenses, our auto loans and vehicle financing can help you drive away in your dream car without breaking the bank. We also provide mortgage loans and refinancing options, making home ownership more attainable. Plus, if you're facing debt challenges, our personal loans and debt consolidation services can help streamline your payments and lower your interest rates.

Personal Banking

We offer various personal banking options tailored to help you achieve your financial goals. Our checking and savings accounts are designed with you in mind, allowing easy access to your funds while earning interest. Imagine being able to set up automatic transfers from checking to savings it's a great way to build an emergency fund without even thinking about it.

Digital & Online Banking

Convenient Online Banking

Our online banking platform is available 24/7 at https://www.myeecu.org/home/home . Whether you need to check your balance, pay bills, or transfer funds, everything can be done with just a few clicks. Plus, with electronic signature authorization available, signing documents is quick and hassle-free.

Easy Person-to-Person Transfers

Need to send money to a friend? Our person-to-person transfer feature makes it effortless to send and receive money instantly. You won't have to worry about carrying cash or writing checks anymore. In summary, Educational Employees prioritizes your convenience and security with our digital banking services. Experience real-time account management and enjoy banking on your terms today!

Mobile Application for On-the-Go Banking

For those who prefer banking on their mobile devices, our user-friendly mobile application is here to help. With it, you can manage your accounts anytime. And while we currently don't support mobile payments, rest assured that our focus is on providing a seamless experience for all other banking needs.

Stay Updated with E-Statements

Keeping track of your account statements is simpler than ever with our e-statements feature. Enjoy the convenience of having your statements delivered directly to your inbox, allowing you to stay organized without the clutter of paper statements.

Financial Strength

Commitment to Excellence

Our operational efficiency is reflected in our net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 557 full-time employees and 25 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Growing Together

Total Share Accounts stand at 749,952, showing a strong and growing member base that trusts us with their finances. This growth is fueled by your engagement and support as we strive to meet your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Educational Employees is your trusted partner. Visit us at 755 E Yosemite Ave Ste A Merced Ca 95340 or call 800-538-3328 to learn more about how we can help you achieve your financial goals.

Member Savings and Investments

Members' savings are secured through $918,983,156 in share certificates, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Our Solid Foundation

With a net worth of $637,040,985, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1355 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Reinvestment for Your Benefit

With $627,577,439 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 members' financial goals across various sectors with $21,669,175 in total loans and leases and $11,019 in used auto loans.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $158,760,148 in used vehicle loans and $862,015,060 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable used car, we have options that can fit your budget.

Credit Lines

For those who prefer having funds readily available for unexpected costs or planned expenses, our credit lines provide an excellent solution with a total of $416,833,125 issued. This allows you to borrow what you need while paying interest only on what you use. If you're considering refinancing any existing loans or checking your eligibility for our loan products, we encourage you to reach out to us. Our team is here to help guide you through the options available based on your specific circumstances. For more information or personalized assistance, feel free to contact us at 800-538-3328 or visit us at 755 E Yosemite Ave Ste A Merced Ca 95340. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. We're dedicated to helping you navigate your financial journey with confidence!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $157,031,945, make buying or refinancing simple. We aim to make the process straightforward and accessible so you can feel confident stepping into your new home.

Unsecured Credit Card Loans

Managing everyday expenses is easier with our unsecured credit card loans. With a total of $208,334,926 in loans helping members manage their finances effectively, we offer flexible terms that fit various lifestyles and budgets.

Loan Aggregator

How LendMesh Ensures Accurate Comparisons

Loan data on LendMesh is sourced 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 ensures that users receive fair and transparent offers tailored to their needs. LendMesh stands out for several reasons: - Verified Data: All loan offers are sourced from legitimate financial institutions, ensuring transparency in the information provided. - No Sponsored Listings: Unlike many other platforms, LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results that reflect the best options available. - Real-Time Rate Comparisons: The platform updates loan rates from multiple institutions regularly, allowing users to make informed decisions based on current data. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" 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.

EDUCATIONAL EMPLOYEES CREDIT UNION - Merced, CA