The Saver’s Sweepstakes $5,000 grand prize drawing is a month away and at least one Educators Credit Union member will win! Could the winner be you? Here’s what you’ll need to do to enter to win the $5,000 prize, or the $1,000 quarterly and $100 monthly prizes: Open a Saver’s Sweepstakes account. Email saverssweepstakes@ecu.com or use WeCU video banking to … Read more
My wife and I were enjoying a pretty standard weekend in quarantine. We sat on our spots in couch, munching on our mid-day snacks and watching a show. Her phone buzzed and she immediately checked her notifications. “Did you just spend $80 on a gym membership?” she asked. “No,” I said back. “Our gym memberships were canceled when the pandemic … Read more
Get the latest Educators Credit Union news in the July Member Focus! Learn about the extra chances to win in the Saver’s Sweepstakes, extended hours for WeCU and more!
We take great pride in the fact that Educators Credit Union’s Mobile Banking app is user friendly, efficient, and extremely safe and secure. We remind all members to be vigilant. As the public increases its use of mobile banking apps, the FBI anticipates cyber actors will continue to attempt to exploit these platforms. The FBI expects cyber actors to attempt … Read more
Educators Credit Union is passionate about supporting an inclusive and equal society. With that goal in mind, Educators is proud to join our community in celebrating Juneteenth on June 19. Juneteenth is the celebration of slavery ending in America. On June 19, 1865, Union soldiers reached Galveston, Texas with news that the Civil War had ended and the slaves were … Read more
As we approach Educators’ 83rd Annual Meeting, we take the time to reflect on this past year and look to avenues to support our members moving forward. We have all faced challenges this past year with the pandemic, with the economy and with issues surrounding social justice. Members who are in need due to economic distress caused by COVID-19 or … Read more
Nearly three dozen high school seniors have cause to celebrate now that Educators Credit Union has selected its 2020 scholarship recipients! For the third straight year, Educators awarded 35 local students with $2,000 each to help pay for higher education. To receive the scholarship, they had to demonstrate one or more of our core values, attend a high school in … Read more
It’s time for the Educators and AutoWerks Spring Car Event1! From May 8 to 30, we are teaming up to help members save on their next vehicle purchase. During the event, members can take an additional $250 off already discount AutoWerks prices and get 1% of their loan or lease amount back (up to $500) on Educators leases and AutoWerks … Read more
Since monthly payments spread the cost of a mortgage loan over an extended period, it’s easy to forget the total expense. For example, if you borrow $200,000 for 30 years at 6% interest, your total repayment will be around $431,680, more than two times the original loan. What seems like minor differences in the interest rate can add up to … Read more
Renting is often a cheaper way to live than owning a home. While the monthly payments can be as much or higher than a mortgage, you also need to factor in that you’re not paying property taxes and some other expenses are still worked into the rent. It’s crucial to know the full cost of renting so you know it’s … Read more
