Overview
What is Education Credit Union?
Education Credit Union is a nonprofit financial institution based in Amarillo, Texas, with an address at 6203 Hillside Rd, ZIP code 79109. With a dedicated team of 164 employees, they provide federally insured certificates of deposit to their members at competitive rates, aiming to cater to their financial needs effectively. Their mission is to be the preferred financial services provider for their membership.
Is Education Credit Union legitimate?
Education Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Education Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $2,735,712
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,200,061
For more financial information, click here
Mission Statement of Education Credit Union
Education Credit Union, with its mission statement, aspires to be the preferred financial services provider for its membership. The organization takes pride in offering federally insured certificates of deposit at competitive rates to its members.
In simpler terms, Education Credit Union is dedicated to delivering quality financial services that cater to the needs of its members. The union's commitment to excellence is reflected in its competitive certificate of deposit rates, which attract and retain members. By prioritizing its members' financial wellbeing, Education Credit Union distinguishes itself as a trusted financial partner.
The Credit Union's primary goal is to provide its members with a wide range of financial services that cater to their diverse needs. Through its various offerings, Education Credit Union aims to help its members achieve their financial goals, whether it's saving for a rainy day, investing for the future, or managing their daily expenses. With a focus on member satisfaction, the Credit Union continually strives to improve its services and offerings to maintain its preferred status among its membership.
Impact
This information is meant to be a general summary of Education Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Education Credit Union's impact is significant in providing financial services to its members in Amarillo, TX. As the preferred financial services provider for its membership, Education Credit Union plays a crucial role in offering federally insured certificates of deposit at competitive rates. By fulfilling its mission to serve as the top choice for financial services, Education Credit Union contributes to the economic well-being and stability of its members, thereby enriching the community as a whole.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest from Members
Revenue
$17,796,358
Organization Details
Founding Year
1935
Phone
(806) 358-7777
Principal Officer
Leonida Cleveland
Main Address
6203 Hillside Rd, Amarillo, TX, 79109
NTEE Category
Code: W60 - Public benefit
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