Sep, 30, 2025 — EDU FEDERAL CREDIT UNION is a federal credit union headquartered in HISTORIC NEW CASTLE, DE with 1 branch location and about $43.78 million in total assets. Opened 73 years ago in 1953, EDU FEDERAL CREDIT UNION has about 8,501 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EDU FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 113 W 6th St HISTORIC NEW CASTLE, DE 19720-5070 |
| Phone: | (302) 613-5330 |
| Fax: | (302) 613-5350 |
| Website: | https://www.edufcu.org |
| Branches: | 1 branch locations |
| Members: | 8,501 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8609 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $43,779,361 |
| CEO/Manager: | Terri L France |
| Chairperson: | Nancy M Smith |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,951,247 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,368,770 |
| Unsecured Loans | 4,664,529 |
| Other Loans | 13,364,179 |
| TOTAL LOANS | 21,397,478 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -120,984 |
| Land And Building | 464,923 |
| Other Fixed Assets | 39,745 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 414,766 |
| All Other Assets | 0 |
| TOTAL ASSETS | 43,779,361 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 8,354 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 89,191 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,503,760 |
| Regular shares | 32,431,900 |
| All Other Shares & Deposits | 835,831 |
| TOTAL SHARES & DEPOSITS | 40,771,491 |
| TOTAL LIABILITIES | 40,869,036 |
| Regular Reserve | 0 |
| Other Reserves | -78,901 |
| Undivided Earnings | 2,989,226 |
| TOTAL EQUITY | 2,910,325 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 43,779,361 |
| INCOME & EXPENSE | |
| Loan Income | 854,310 |
| Investment Income | 330,829 |
| Other Income | 107,321 |
| Total Employee Compensation & Benefits | 548,361 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 668,158 |
| Non-operating Income & (Expense) | 450 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 40,000 |
| Cost of Funds | 12,584 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 180,868 |
| ↑ Back to Top | |