EIN 39-0555293

Educators Credit Union (ECU)

IRS 501(c) type
501(c)(14)
Num. employees
652
Year formed
1937
Most recent tax filings
2023-12-01
Description
Educators Credit Union passionately helps people by educating and advising them to earn their loyalty. Their goal is not to be the largest credit union, but to be the best. They achieve this by having the most loyal members who use their products, services, technology, and refer others to Educators Credit Union. With over 216,000 members, they focus on educating them in their branches as well as through community activities. They provide saving, checking, CDs, IRAs, and money market accounts with balances of $2,674,100,598.
Related structure
ECU is a child organization, under an unknown parent.
Total revenues
$221,505,827
2023
Total expenses
$177,468,893
2023
Total assets
$3,193,764,972
2023
Num. employees
652
2023

Program areas at ECU

Educators Credit Union provides business and consumer loans and leases. Current loan portfolio is over $2.2 billion. Educators offers educational seminars to help inform its membership and tools to help make large purchases, such as home and autos. Educators Credit Union also has many financial tools to help members build and improve their Credit score to ensure they get the lowest rate possible on their loans for years to come.
We have over 230,000 members and focus on educating them in our branches as well as through community activities. Educators gave back more than $740,000 back to the communities in which we serve. Educators Credit Union also awarded a total of $70,000 to 35 school students to help offset the cost of higher education. To help ensure the security of our communities' information, Educators Credit Union offers multiple shred days throughout our communities free of charge.
Educators Credit Union provides very competitive rates on saving, checking, cds, iras, and money market accounts with balances over $2.8 billion. Educators the Credit Union gave back over $5.1 million dollars back to our loyal members through our member loyalty program. We also have great benefits for our members like mind & money, financial wellness tools, and fraud and theft protection. Educators Credit Union also has a team in investment services to ensure financial wellness for future generations.

Grants made by ECU

GranteeGrant descriptionAmount
Junior Achievement USA Health and Welfare Benefit Plan TrustGeneral Support$65,000
United Way of Racine CountyGeneral Support$63,259
Milwaukee Public Schools FoundationGeneral Support$30,000
...and 5 more grants made

Financials for ECU

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$156,559,607
Investment income and dividends$50,081,473
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-101,224
Net gain from sale of non-inventory assets$11,790,032
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$92,449
Miscellaneous revenues$3,083,490
Total revenues$221,505,827

Organizations like ECU

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Royal Credit Union (RCU)Eau Claire, WI$299,976,577
CoVantage Credit UnionAntigo, WI$190,206,603
Capital Credit UnionGreen Bay, WI$132,237,998
Summit Credit UnionMadison, WI$344,575,674
UW Credit UnionMadison, WI$280,888,360
Community First Credit UnionAppleton, WI$336,004,257
Connexus Credit UnionWausau, WI$392,528,400
Landmark Credit UnionBrookfield, WI$356,439,760
Data update history
December 7, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Used new vendors
Identified 1 new vendor, including
November 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 28, 2023
Updated personnel
Identified 1 new personnel
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCredit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsConservation easement
General information
Address
1326 Willow Rd
Mount Pleasant, WI 53177
Metro area
Racine, WI
County
Racine County, WI
Website URL
ecu.com/ 
Phone
(262) 886-5900
Facebook page
myEducatorsCU 
IRS details
EIN
39-0555293
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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