EIN 39-0555293

Educators Credit Union (ECU)

IRS 501(c) type
501(c)(14)
Num. employees
712
Year formed
1937
Most recent tax filings
2022-12-01
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
$166,801,060
2022
Total expenses
$134,797,605
2022
Total assets
$3,107,585,746
2022
Num. employees
712
2022

Program areas at ECU

Educators Credit Union provides business and consumer loans and leases. Current loan portfolio is over $2.1 billion. Educators offers educational seminars to help inform its membership and tools to help make large purchases, such as home and autos. Edcuators 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 223,000 members and focus on educating them in our branches as well as through community activities. Educators gave back more than $600,000 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. Edcuators the Credit Union gave back over $5 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. Edcuators Credit Union also has a team in investment services to ensure financial wellness for future generations.

Grants made by ECU

GranteeGrant descriptionAmount
Aurora Health Care MetroGeneral Support$60,000
United Way of Racine CountyGeneral Support$51,142
United Way of Greater Milwaukee and Waukesha CountyGeneral Support$50,663
...and 10 more grants made

Personnel at ECU

NameTitleCompensation
Linda HooverChief Executive Officer and President$662,722
James JustmanChief Financial Officer$275,905
Joseph BrazgelChief Information Officer$248,551
James HendersonChief Administrative Officer / Senior Vice President - Member Enhancements$168,352
Shannon HuotChief Experience Officer$206,857
...and 15 more key personnel

Financials for ECU

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$135,818,689
Investment income and dividends$27,870,701
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-96,456
Net gain from sale of non-inventory assets$286,364
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$121,390
Miscellaneous revenues$2,800,372
Total revenues$166,801,060

Form 990s for ECU

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-02990View PDF
2021-122022-11-10990View PDF
2020-122021-10-20990View PDF
2019-122021-06-07990View PDF
2018-122019-08-17990View PDF
...and 9 more Form 990s

Organizations like ECU

OrganizationLocationRevenue
WESTconsin Credit UnionMenomonie, WI$88,742,887
Royal Credit Union (RCU)Eau Claire, WI$198,876,123
Connexus Credit UnionWausau, WI$328,557,164
Fox Communities Credit Union (FOXCU)Appleton, WI$104,390,989
Community First Credit UnionAppleton, WI$189,052,954
Verve Credit UnionOshkosh, WI$63,522,788
Landmark Credit UnionNew Berlin, WI$253,257,967
Summit Credit UnionMadison, WI$231,091,693
CoVantage Credit UnionAntigo, WI$121,730,079
UW Credit UnionMadison, WI$206,656,356
Data update history
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
July 13, 2023
Used new vendors
Identified 1 new vendor, including
July 6, 2023
Updated personnel
Identified 6 new personnel
Nonprofit Types
Credit 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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