Savings Accounts

Prime Share Savings, Change Up or High Yield Money Market Accounts1 will help your money grow securely.

Checking Accounts

Our checking accounts have real-time posting, free online banking, e-alerts, overdraft protection and no minimum balance.

Money Market Accounts

Do you have $1,000 or more to save?

Individual Retirement Accounts (IRAs)

Three types of IRA options are available for you.

Share Certificates

Have at least $500 to save, and looking for a higher dividend rate?

Additional Services

Notaries, Cashier’s Checks, etc.

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Who Can Open an Educators Account?

Educators membership is open to anyone who has attended school in Southeastern Wisconsin in addition to education, healthcare and government related employees and their families. We also serve many local businesses and manufacturers that have requested Educators to provide these financial resources and services to their employees. Contact us or stop by any Educators location to learn more about how you can become a member.

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Important Information: Procedures for Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What This Means for You

When you open an account, we’ll ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

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1 Penalties apply for early withdrawals, which may reduce earnings.

You have a lot of alternatives to satisfy your loan needs. At Educators, we believe we can offer the best overall loan value by staying true to our core values of honesty, integrity, fairness, respect and excellence. We take great pride in offering members quick and easy loan applications and decisions, competitive rates and knowledgeable staff. We not only want our members to get a good loan deal, we want to help members make a smart purchase.

Secured Loans

What’s a Secured Loan? A secured loan is when a lien or security agreement is placed on an item. These loans generally carry a lower interest rate with longer repayment terms. You can also use an item you already own as collateral or security for a loan and use the funds from the loan for any purpose.

Unsecured Loans

What’s an Unsecured Loan? Unsecured loans are used in instances when you have no collateral or security to pledge on a loan.

Student Loans

Finance for higher education, post graduate studies, private or parochial elementary or high school tuition.

Credit Rebuilder Loan

If collections or past due debt have prevented you from obtaining a loan, our Credit Rebuilder Loan can help. It’s not just a loan, but a program that gets you back on the right track toward meeting your long-term goals.

Fresh Start Loan

A special loan program available to most members who need help with a negative checking account balance.

All first mortgage refinances, new purchases and lot construction loans are by appointment only.

We offer members mortgage financing for both new purchases and refinancing of an existing home.

Click here for available mortgage programs

Click here for available Home Equity Loans and Home Equity Lines of Credit

3 Easy Ways to Apply!

  • Stop in any Educators location
  • Apply now online
  • You can apply by phone:
    • Milwaukee: (262) 574-4610
    • Racine: (262) 886-5900
    • Toll Free: (800) 236-5898.
  • You can contact our mortgage center to set up an appointment with one of our mortgage specialists:
    • Milwaukee: (262) 574-4610
    • Racine: (262) 886-5900
  • No appointments are necessary for home equity loan applications. Stop by any one of our offices to meet with a Member Finance Representative during normal business hours.

Please read this important information before applying for a HELOC
Home Equity Plan Predisclosure: Important Terms of our Home Equity Line of Credit

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What information will I be asked?

  • Your Social Security Number; if you are married or applying for credit with another member, you will also need their Social Security Number.
  • You will need to provide proof of income by providing a pay-stub for all applicants.
  • 2 years of W2s will be required. (Tax returns for self employed individuals.)
  • Copy of asset statements for asset accounts other than Educators Credit Union’s accounts.
  • If you are refinancing an existing mortgage you will need the information about the existing mortgage loan.
  • If you are purchasing a new home, condominium or lot you will need an accepted purchase agreement. (Pre-approvals do not require one at time of application.)
  • You will also need to provide proof of homeowners insurance prior to closing.

What will happen once I apply?

If you apply online

  • You may receive an online decision.
  • If you are approved, you will be contacted by a mortgage specialist to discuss the entire process.
  • If you receive a pending decision, you will be contacted by a mortgage specialist to discuss your application.
  • Remember a pending decision does not constitute a denial.

If you apply by phone

  • A representative will take your application and review it.
  • A loan decision will often be made immediately; however, some of our programs require a specialized underwriter to review the application which may take some additional time. A decision should be made within 24 hours.
  • You will be asked to provide the documentation to verify your income and assets.
  • You will be asked to provide a purchase agreement if applicable and proof of insurance.

If you apply in person

  • A mortgage specialist will take your application and review it.
  • Supporting documentation will be collected and verified.
  • A loan decision will often be provided while you wait; however, some of our programs require a specialized underwriter to review the application which may take some additional time. A decision should be made within 24 hours.
  • The mortgage specialist will discuss your many mortgage options. Our goal is to find the best product to suit your individual need.

How long does all this take?

The application process is quick and easy. You should be able to apply in minutes and get a loan decision right away. But the whole process takes 7 business days before closing. We run two reports when you are approved for a Home Equity Loan/Line.

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Educators Visa® credit cards

  • No annual fee and interest rates from 6.25% APR.
  • We have no fees on cash advances or balance transfers.
  • If you pay off your balance each month, there is a 25-day no-interest grace period on new purchases.

Calculate monthly payments and apply for a card here.

Points for Perks

Points of Perks is our card reward program. Earn one point for each $1 spent using your Visa® credit cards. Rewards can be redeemed for gift cards, car rental, air travel, hotel stays, Educators product discounts and, everyone’s favorite, cash.

Picture My Card

Customize your card with the picture of your choice!1 Receive one FREE personalized card design for each type of card you have within the card’s three-year expiration period (including debit cards).2

1 Please note the image requirements and usage guidelines available on the site before uploading your photo. Educators reserves the right to determine if a submitted image is acceptable for use.

2 The site will say that there is a $10 fee, however this will be waived once (noted in your card record). No promo code is necessary.

Compare our credit card rates to your existing non-Educators cards.

See how a GreenPath Debt Management plan can help you with their Credit Card Debt Calculator.