Serving the education community
For over 60 years, Educational Systems Federal Credit Union has proudly served the education community. As a new employee, we invite you to explore our special New Employee Package1. This package is designed to help you get started in your new career.
$300 Cash Bonus2
Open a Checking Account with Direct Deposit and eStatements and receive a $300 Cash Bonus.
$200 Visa® Gift Card3
Finance or refinance a new or used vehicle with a minimum loan amount of $15,000 and receive a $200 Visa® gift card.
$2,500 Visa® Credit Card4
You’re pre-qualified for a $2,500 Visa® credit card to help you get ready for the new school year.
1.50% Annual Percentage Yield (APY)5
Save throughout the school year for the summer when you don’t receive a paycheck with our Premium Summer Pay account.6
Open an account today
301.779.8500 ext. 4665
On-site Financial Services
Our On-site Financial Services team visits schools to open accounts, take loan applications and even review finances to ensure our members are on track to achieve their goals. Schedule an appointment with a Relationship Manager by emailing [email protected]
We look forward to helping you achieve your financial goals and dreams.
1 To be eligible for the New Employee Package, you must be a new employee of one of the eight counties we serve including: Anne Arundel, Calvert, Caroline, Charles, Montgomery, Prince George’s, St. Mary’s and Talbot with a signed contract and establish Credit Union membership between March 1, 2020 and September 30, 2020. All stated offers subject to change without notice.
2 To qualify, a new checking account must be opened by September 30, 2020 with eStatements and a minimum Direct Deposit of $700 per pay period from one of the eight counties we serve including: Anne Arundel, Calvert, Caroline, Charles, Montgomery, Prince George’s, St. Mary’s and Talbot, that posts to the account by October 31, 2020. Cash Bonus will be posted to the member’s savings account within 10 business days after the qualifying Direct Deposit posts and validation of eStatement enrollment. May be reported as taxable income. This promotion cannot be combined with other offers.
3 A $200 Visa® gift card will be given to members who finance an auto loan for a minimum of $15,000 through our branches, Contact Center or On-site Financial Services from June 15 through September 30, 2020. The gift card will be provided at the time the loan is disbursed and may be reported as taxable
4 $2,500 Visa® credit card limit is subject to credit qualifications and approval.
5 1.50% APY is for Tier One which applies to average daily balances up to $20,000. The Tier Two APY of .05% APY applies to average daily balances above $20,000. APY is subject to change without notice. The 1.50% APY is effective as of March 17, 2020. Fees could reduce earnings on the account.
6 The Premium Summer Pay account is only available for Direct Deposits received from one of the above stated school systems or community colleges. No minimum balance required. No other deposits qualify. The Premium Summer Pay account distributions will be made to an Educational Systems FCU savings or checking account or another financial institution in four equal proportions on the first and third Friday of July and August. A $25 fee will be assessed for each early withdrawal.