As a member of Educational Systems Federal Credit Union, you will enjoy higher deposit rates and lower loan rates compared to many other financial institutions. This is because we are owned by our members who elect our volunteer Board of Directors. In contrast, banks are typically owned by stockholders who focus on profits for outside shareholders, and they are overseen by a paid Board of Directors. Another key differentiator is that our Board is comprised of members from the education community so they are able to help guide us in decisions that will benefit teachers, administrators, support staff, parents and students. All of these differences allow us to provide a great value to our members.
The first step to become a member is to check your eligibility. Credit Unions are formed to serve a field of membership with a common bond such as a geographic area, a profession or employer group. At Educational Systems FCU, we are proud to be serving the education community. Then, you can open your account online by visiting a branch or sending an application through the mail.
One of the best things about credit union membership is once you're a member, you're always a member. We look forward to helping you achieve your financial goals and dreams.