Educational Credit Union Miami FL | Low Mortgage Rates & Business Banking

Introduction

Welcome to the Educational Credit Union, your trusted financial partner located at 2310 SW 27th Ave, Miami, FL 33145. Since our establishment in 1935, we have been dedicated to serving our community, empowering over 106,996 members with a range of financial solutions tailored to their needs. With total assets exceeding $1.66 billion, we pride ourselves on stability and growth, ensuring your money is in safe hands. At Educational, we understand the importance of building strong relationships with our members. Our experienced team, led by CEO Michael DiBenedetto and Board President Claude Archer, is here to provide personalized service and expert guidance every step of the way. Whether you're looking for auto loans, personal banking services, or business financing options, we've got you covered. While members can visit us at our branch for all their banking needs, official correspondence should be sent to 2310 SW 27th Ave, Miami, FL 33145-3642. We encourage you to take advantage of our accessible services which include online banking and mobile payments for your convenience. With total loans amounting to 60,165 and deposits reaching $161,631,981, we are committed to fostering financial well-being in our community. Our solid net worth of $261,891,415 reflects our strength and dedication to providing value to our members. Don't hesitate! Give us a call today at 305-270-6640 or visit us online at www.edfed.org to discover how we can help you achieve your financial goals. Join us in making a difference in your life and the community!

Branch History & Mission

At Educational Credit Union, known as the 27th Avenue Branch in beautiful Miami, FL, we celebrate a rich legacy that dates back to our opening in 1935. From our humble beginnings, we have grown to serve over 106,996 members, becoming a trusted partner in their financial journeys. Our branch is located at 2310 Sw 27Th Ave Miami Fl 33145, a convenient spot for our community, just a stone's throw away from local landmarks that make this area vibrant and welcoming. Throughout the years, our mission has remained steadfast: to empower our members with the financial tools they need while fostering a sense of community and support. We pride ourselves on providing a wide array of services that cater to both personal and business needs, including checking and savings accounts, auto loans, mortgage loans, credit cards with rewards, and much more. Our commitment extends beyond traditional banking; we actively engage with our community through outreach programs and partnerships that uplift those around us. Our total assets have grown significantly to an impressive $1,662,844,859, reflecting our sound management practices and dedication to member satisfaction. We understand that modern banking requires adaptability; thus, we've embraced digital advancements like online banking and mobile payments. This ensures that our services are accessible to everyone, including those who may require ADA-compliant facilities. While members can visit us at 2310 Sw 27Th Ave Miami Fl 33145, official correspondence should be sent to 2310 SW 27th Ave, Miami, FL 33145-3642. Our operating hours are designed to accommodate your busy schedule: Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday for drive-thru banking from 9 AM to 1 PM. We also offer ATM services for quick access to cash whenever needed. As we look toward the future, we invite you to join us at Educational Credit Union. Experience firsthand how we can help you achieve your financial goals while being part of a supportive community focused on growth and prosperity. Together, let's build a brighter future! For more information or to open an account today, feel free to reach out at (305) 270-6640 or visit us online at our website.

Branch Location & Accessibility

Additional Services

For those on the go, we offer an ATM available right outside the branch for quick cash withdrawals and balance checks. Plus, our drive-thru service allows for easy deposits and withdrawals without leaving your vehicle. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to our mailing address: 2310 SW 27th Ave, Miami, FL 33145-3642. We invite you to stop by or give us a call at 305-270-6640. Let us help you reach your financial goals today!

Convenient Access and Features

Our branch is designed with your convenience in mind. We offer ample parking for our members, ensuring that you can find a spot without any hassle. Additionally, we are proud to be ADA compliant, providing ramps and accessibility features to assist all our members. When you visit us during our friendly operating hours Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday for Drive-Thru services from 9 AM to 1 PM you'll find a welcoming atmosphere ready to meet your banking needs. Whether you need help with personal banking, auto loans, or any of our other financial services, our dedicated team is here to assist you.

Member Eligibility

Joining Educational is like stepping into a welcoming community where your financial needs are prioritized. Becoming a member is simple and open to many! If you live, work, or attend school in the area, you're likely eligible. We love to support our local community, so whether you're looking for personal banking options or specific loans, we have something just for you. To get all the details on eligibility requirements, check out our dedicated page at http://www.edfed.org/promotions/about/membership/shred-a-thon/. When you're ready to take the next step and open an account, it's easy! You can find all the information you need about starting your journey with us at http://www.edfed.org/promotions/loans/vehicles/auto-cash-back/. If you have any questions along the way or want to chat about how we can help you meet your financial goals, don't hesitate to reach out at (305) 270-6640. We're here for you!

Business Banking & Commercial Services

Commercial Loan Options

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

Alongside our loan options, we offer merchant services that simplify transactions for your business. Whether you need to accept credit cards or manage payments online, our services are designed to enhance your customer experience and improve cash flow. Located at 2310 Sw 27Th Ave Miami Fl 33145 in Miami, FL, we're here to empower your business every step of the way. Contact us today at (305) 270-6640 to learn how we can help you achieve your business goals!

Comprehensive List Of Services

ATM and Drive-Thru Services

If you prefer in-person transactions, our branch provides basic drive-thru banking for quick deposits and withdrawals. Plus, with our ATM availability, accessing cash or checking balances is straightforward no more long waits! At Educational Credit Union in Miami, FL, we strive to make financial management easy and accessible for everyone. If you're ready to explore how our services can work for you or if you have any questions, feel free to call us at 305-270-6640 or visit us online at edfed.org. Join us today and discover the benefits of being part of our community!

Business Banking Services

For entrepreneurs and business owners, we understand the importance of having reliable support. Our Business Banking services include merchant services and business loans designed to help your venture thrive. We're here to assist you every step of the way.

Convenient Access

In today's fast-paced world, convenience is key. That's why we offer comprehensive Online & Mobile Banking options so you can bank whenever and wherever it suits you. With features like person-to-person payments and mobile check deposits, managing your finances has never been easier.

Credit Options

To help you navigate purchases confidently, we provide Credit Cards with Rewards. These cards allow you to earn points on everyday purchases which can be redeemed for exciting rewards. It's a smart way to use credit while enjoying perks along the way.

Loans and Financing

When life calls for a bigger investment, like buying a car or a home, our Auto Loans & Vehicle Financing and Mortgage Loans & Refinancing make it possible. Picture yourself driving away in your dream car with an affordable loan that fits your budget. If you need extra cash for personal projects or debt consolidation, our Personal Loans provide the flexibility you need without hidden fees.

Personal Banking Solutions

For those who want to manage their day-to-day expenses easily, we offer Personal Banking options that include checking and savings accounts. Imagine having a checking account that not only helps you keep track of your spending but also allows you to earn interest on your savings. Our accounts are user-friendly and come with features like online banking and mobile access, making it simple for you to stay on top of your finances from anywhere.

Digital & Online Banking

Always Available

With 24/7 online banking services, you're in control of your finances whenever it suits you. Need to make a late-night payment? Want to check your account while waiting in line? No problem! Our user-friendly interface makes it easy for anyone to navigate their accounts without hassle. At Educational, we believe that banking should be straightforward and accessible. Join us today to experience how our digital banking solutions can enhance your financial journey!

Key Services

Explore the full range of our services by visiting us at https://www.edfed.org/. Our online banking features allow you to check balances, transfer funds, and pay bills with just a few clicks. You can even set up electronic statements for a clutter-free inbox no more waiting for paper statements in the mail!

Security and Usability

Your security is our top priority. We provide electronic signature authorization, ensuring that your transactions are not only quick but also secure. Plus, with our mobile application available for download, you can manage your money on the go. Whether you're making person-to-person transfers or using mobile payment options, rest assured that your data is protected.

Financial Strength

At Educational, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are committed to maintaining a strong financial foundation to support your needs and aspirations. With a net worth of $261,891,415, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1575 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 $282,290,607 in share certificates and $5,724,562 in money market shares, 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. With $261,650,150 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust; with $13927 in used auto loans and $927064883 in total loans and leases, we support your financial goals across various sectors. Though our net income is $0, it reflects our operational efficiency as we focus on building long-term value for our members rather than short-term profits. We also take pride in having 317 full-time employees and 19 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $53,908. Total Share and Deposit Accounts: 258229, showing a strong and growing 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, Educational is your trusted partner. Visit us at 2310 Sw 27Th Ave Miami Fl 33145 or call 3052706640 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.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $225,779,602 in used vehicle loans and $108,739,361 in new vehicle loans already helping members get on the road. We offer flexible terms and competitive rates, ensuring that you can find an auto loan that fits your budget.

Credit Lines and Unsecured Loans

For those looking for additional flexibility, our credit lines totaling $543,653,000 provide convenient access to funds whenever you need them. Additionally, we also offer flexible terms on unsecured credit card loans, with a total of $35,520,006 in loans helping members manage their finances effectively. This option allows you to make purchases without needing collateral while enjoying competitive interest rates.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $55,574,920, make buying or refinancing simple. We guide you through the process every step of the way, providing personalized service to help you find the best financing solution for your new home.

Refinancing Options

If you're considering refinancing any existing loans, our team is here to assist. We can help you explore eligibility options that may save you money by lowering your monthly payments or reducing your interest rates. Our branch at 2310 Sw 27Th Ave Miami Fl 33145, located conveniently in Miami, FL, is ready to serve you. For more information or to discuss which loan product might be right for you, don't hesitate to call us at (305) 270-6640. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you navigate your financial journey with confidence!

Loan Aggregator

Ensuring Accurate Loan Comparisons

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 the loan offers displayed are fair and transparent.

Key Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency in the information provided. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Users have access to up-to-date loan rates from multiple institutions, helping them make informed decisions quickly. 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!" This kind of feedback highlights how effective and user-friendly LendMesh is for anyone looking to secure a competitive rate. 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 FEDERAL CREDIT UNION - Miami, FL

Type of Loan Offerings

Personal Loans

Student Loans

Vehicle Loans

Compare Loan Rates Near You

Loan rates in Miami, FL (33145)