Credit Unions Near Me
National Credit Union Service Organization

EDUCATION FIRST CREDIT UNION, INC

Jun, 30, 2023 — EDUCATION FIRST CREDIT UNION, INC is a federally insured state chartered credit union headquartered in COLUMBUS, OH with 3 branch locations and about $150.49 million in total assets. Opened 88 years ago in 1936, EDUCATION FIRST CREDIT UNION, INC has about 12,923 members and employs 34 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 244077271
Name:EDUCATION FIRST CREDIT UNION, INC
Address:
(Main Office)
510 E Mound St
COLUMBUS, OH 43215-5539
Phone:(614) 221-9376
Fax:(614) 212-8127
Website:https://www.educu.org
Branches:3 branch locations
Members:12,923
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68447
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1936
Last Audited:Dec 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$150,485,749
CEO/Manager:Michael Wettrich
Chairperson:Julie Didlick

Call Report

  • Credit Builder
  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 10,238,749
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 39,199,303
 Unsecured Loans 15,638,260
 Other Loans 38,507,025
 TOTAL LOANS 93,344,588
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -751,842
 Land And Building 4,752,524
 Other Fixed Assets 359,233
 NCUSIF Deposit 1,174,346
 All Other Assets 138,807
  TOTAL ASSETS 150,485,749
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 6,000,000
 Accounts Payable & Other Liabilities 1,039,831
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 21,722,700
 Regular shares 44,014,735
 All Other Shares & Deposits 64,774,140
  TOTAL SHARES & DEPOSITS 130,511,575
  TOTAL LIABILITIES 137,551,406
 Regular Reserve 0
 Other Reserves -51,622
 Undivided Earnings 12,985,965
  TOTAL EQUITY 12,934,343
  TOTAL LIABILITIES, SHARES, & EQUITY 150,485,749
INCOME & EXPENSE  
 Loan Income 3,638,566
 Investment Income 220,194
 Other Income 1,067,634
 Total Employee Compensation & Benefits 2,094,160
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,449,209
 Non-operating Income & (Expense) 2,000
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 366,274
 Cost of Funds 426,404
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 439,191
↑ Back to Top

Other Credit Unions

PRODUCERS EMPLOYEES' CREDIT UNION
8351 N HIGH ST STE 250
COLUMBUS, OH 43235
SMART FEDERAL CREDIT UNION
3454 N High St
COLUMBUS, OH 43214
ODJFS FEDERAL CREDIT UNION
30 E Broad St
COLUMBUS, OH 43215
STATE HIGHWAY PATROL FEDERAL CREDIT UNION
1900 Polaris Pkwy Ste 400
COLUMBUS, OH 43240-4035
CME FEDERAL CREDIT UNION
150 E Mound St
COLUMBUS, OH 43215
COLUMBUS METRO FEDERAL CREDIT UNION
4000 E Broad St, PO Box 13240
COLUMBUS, OH 43213
CREDIT UNION OF OHIO
5500 Britton Pkwy
HILLIARD, OH 43026-7456
FIRST SERVICE FEDERAL CREDIT UNION
100 Main St
GROVEPORT, OH 43125-1198
OHIO HEALTHCARE FEDERAL CREDIT UNION
3955 W DUBLIN GRANVILLE RD
DUBLIN, OH 43017
BRIDGE CREDIT UNION
10567 Sawmill Pkwy
POWELL, OH 43065-6672

— The information found on this website is provided “AS IS”. We do not verify or guarantee its accuracy or validity. Please contact the credit union directly for any specific questions you may have regarding services and/or features. Visit NCUA.gov or MyCreditUnion.gov for more information regarding credit unions.