Education First Federal Credit Union

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A short history of Education First FCU

Since its inception in 1952 the Education First Federal Credit Union has been serving its members in the Beaumont, Texas area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Keith Brenek, the Education First FCU has grown its membership to over 34,307 with assets of more than $367,927,626. They have a main office and 9 branch offices. Please see the credit unions website or contact them by phone at (409) 898-3770 or email them at info@educationfirstfcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Beaumont, TX.

General Information For Education First FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 24470
Address P. O. Box 26751 
City Beaumont 
State Texas 
Zip-Code 77720
Phone Number (409) 898-3770
Fax Number (409) 898-2289
Email Address: info@educationfirstfcu.org
CEO/President Keith Brenek
Members 34,307 
Full-Time Employees 118 
Part-Time Employees
Number of Branch Offices
Total Assets 367,927,626 
Website http://www.educationfirstfcu.org 

Compare Education First Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Coburn CU Coburn Credit Union 350 Pine St Ste 850 77701 (409) 838-9957 No 0.22
Beaumont Community CU Beaumont Community CU 660 S M L King Jr Pkwy 77701 (409) 899-1035 No 0.66
S A F E CU SAFE CREDIT UNION 2002 N 11TH ST 77703 (409) 899-2542 No 1.92
Pear Orchard CU Main Office 3390 Sarah St 77705 (409) 842-4343 No 3.04
Union Pacific Employees CU UPECU 550 Lindbergh DR 77707 (409) 842-2560 No 3.39

Education First Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Education First Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.45 1.75 1.75 4.63 3.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 120 19 11 224 27
Rank Among All Texas Credit Unions 22 3 3 70 2

Education First Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.25 0.20 0.80 0.70
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 95 114 207 199
Rank Among All Texas Credit Unions 31 34 24 67 47
Education First Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.4507,15017,200,272
All Other Unsecured Loans/Lines of Credit 1.7506,44624,864,533
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.7501,03320,017,653
Used Vehicle Loans 1.7503,41343,009,889
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.63083055,201,158
Total Other Real Estate Loans/Lines of Credit 3.000401,238,209
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 1.7501,68318,076,167
TOTAL LOANS & LEASES 20,595179,607,881

Education First Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 26922,481,293111,535,207
    b. 15 Years or less 42621,060,895472,746,674
Balloon/Hybrid
    a. > 15 years 11710,698,688221,656,436
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 18960,2822172,095

OTHER REAL ESTATE

Closed-End Fixed Rate 391,170,5152163,376
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 167,69400
Open-End Fixed Rate 0000
TOTALS 87056,439,367846,273,788

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 167,6940
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Education First Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes