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Serving the education community

For over 60 years, Educational Systems Federal Credit Union has proudly served the education community. As a new employee in Montgomery County Public Schools, we have a special New Employee Package1 to help you get started in your career including:

  • Premium Summer Pay: Save throughout the school year for the summer when you don’t receive a paycheck.2 Your money will grow with a 2.00% Annual Percentage Yield (APY).3
  • ƒƒChecking Account: Open a Checking Account with Direct Deposit and eStatements and receive a $100 Bonus Dividend.4
  • ƒƒAuto Loan: Receive a $100 Visa® gift card when you finance a new, used or refinanced vehicle with a minimum loan amount of $15,000.5
  • ƒƒVisa® Credit Card: You’re pre-qualified for a $5,000 Visa® Credit Card to help you pay for moving expenses and get ready for the new school year.6

In addition to the New Employee Package, we also have mortgages, financial advisors and convenient access with Mobile Banking and over 28,000 surcharge-free ATMs.

Open an account today

Open your account by calling 301.779.8500, visiting a branch or scheduling an appointment with our On-site Financial Services team. They will visit your school to open your account, take a loan application and even review your finances to ensure you’re on track to achieve your goals. Schedule an appointment with a Relationship Manager at OnsiteFinancialServices@esfcu.org. 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 Montgomery County Public Schools with a signed contract and establish Credit Union membership between March 1, 2018 and September 30, 2018.
2 The Premium Summer Pay account is only available for Direct Deposits received from qualifying school systems and community colleges including: Anne Arundel, Calvert, Charles, Frederick, Montgomery, Prince George’s, St. Mary’s and Talbot Counties; and College of Southern Maryland, Montgomery College and Prince George’s Community College. 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, thus reducing earnings.
3 The 2.00% Annual Percentage Yield 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 2.00% APY is effective as of March 1, 2018. Fees could reduce earnings on the account.
4 To qualify, member must have eStatements and a new Direct Deposit from Montgomery County Public Schools of at least $700 per Direct Deposit that posts to the Checking account between August 1, 2018 and October 31, 2018. Transfers of funds from other accounts don’t qualify. Bonus Dividend will be deposited to the Regular Savings account within ten business days after the
qualifying Direct Deposit posts and validation of eStatement enrollment. This promotion can’t be combined with other offers.
5 Members who finance a minimum of $15,000 for a new or used vehicle between March 1, 2018 and October 31, 2018 will receive a $100 Visa® gift card. The $100 Visa gift card will be issued at the time of loan disbursement at the branch, Contact Center or with an On-site Financial Services Representative. This promotion cannot be combined with other offers and is not valid on existing Educational Systems FCU loans. Loan applications are subject to credit qualifications and approval. All applicants must meet eligibility requirements.
6 Qualification for a $5,000 credit limit is subject to credit qualification and approval.