Education First , Inc. Credit Union

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A short history of Education First , Inc. CU

Since its inception in 1936 the Education First , Inc. Credit Union has been serving its members in the Westerville, Ohio area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Michael Wettrich, the Education First , Inc. CU has grown its membership to over 13,678 with assets of more than $98,844,472. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (614) 221-9376 or email them at www.membership@educu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Westerville, OH.

General Information For Education First , Inc. CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 68447
Address 501 W Schrock Rd, Ste 400 
City Westerville 
State Ohio 
Zip-Code 43081
Phone Number (614) 221-9376
Fax Number () -
Email Address: www.membership@educu.org
CEO/President Michael Wettrich
Members 13,678 
Full-Time Employees 33 
Part-Time Employees
Number of Branch Offices
Total Assets 98,844,472 
Website http://www.educu.org 

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Education First , Inc. Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Education First , Inc. Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.99 3.09 3.69 4.35 4.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 253 155 169 186 132
Rank Among All Ohio Credit Unions 41 40 31 49 21

Education First , Inc. Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.01 0.05 0.15 1.09 1.24
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 140 143 124 155 127
Rank Among All Ohio Credit Unions 22 28 34 41 22
Education First , Inc. Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9902,6486,527,019
All Other Unsecured Loans/Lines of Credit 9.9902,3564,537,030
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.0001695,142,557
New Vehicle Loans 3.0902955,978,935
Used Vehicle Loans 3.6901,43316,310,172
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.35023025,734,942
Total Other Real Estate Loans/Lines of Credit 4.25034711,171,994
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.250208910,836
TOTAL LOANS & LEASES 7,68676,313,485

Education First , Inc. Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 13016,407,710182,278,097
    b. 15 Years or less 775,994,28100
Balloon/Hybrid
    a. > 15 years 162,091,05700
    b. 15 Years or less 61,238,57100
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 13,32300

OTHER REAL ESTATE

Closed-End Fixed Rate 1165,600,129302,046,742
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 2315,571,86515337,574
Open-End Fixed Rate 0000
TOTALS 57736,906,936634,662,413

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 3663,4820
Interest Only & Payment Option Other RE/LOC Loans 19,4640
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Education First , Inc. Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes