Financial Educators Federal Credit Union

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A short history of Financial Educators FCU

Since its inception in 1969 the Financial Educators Federal Credit Union has been serving its members in the DAYTONA BEACH, Florida 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 Russell Morin, the Financial Educators FCU has grown its membership to over 2,132 with assets of more than $17,993,839. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (386) 506-3040 or email them at dbcc.creditunion@mindspring.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in DAYTONA BEACH, FL.

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

Charter Number 19605
Address P. O. BOX 11197 
City DAYTONA BEACH 
State Florida 
Zip-Code 32120
Phone Number (386) 506-3040
Fax Number (386) 226-0431
Email Address: dbcc.creditunion@mindspring.com
CEO/President Russell Morin
Members 2,132 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 17,993,839 
Website http://www.financialedufcu.com 

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Financial Educators Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Financial Educators 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 11.90 4.01 6.06 4.68 4.37
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 406 283 449 229 150
Rank Among All Florida Credit Unions 48 57 66 36 11

Financial Educators Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.15 0.25 0.40 0.40
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 119 105 284 243
Rank Among All Florida Credit Unions N/A 15 22 56 35
Financial Educators Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.900443698,799
All Other Unsecured Loans/Lines of Credit 10.730259917,404
Short-Term, Small Amount Loans (STS) (Federal CU Only) 28.0003115,260
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.01056874,605
Used Vehicle Loans 6.0603563,268,459
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.680111,435,257
Total Other Real Estate Loans/Lines of Credit 4.370332,428,675
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.23024428,092
TOTAL LOANS & LEASES 1,21310,066,551

Financial Educators 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 71,124,45100
    b. 15 Years or less 4310,80600
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 332,428,6753267,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 443,863,9323267,000

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
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

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