EDUCATION FIRST Credit Union Profile

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EDUCATION FIRST

Charter #24470 | NCUA Region 2 | FCU

Low-Income Designation: Yes

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (409) 898-3770

Fax: (409) 898-2289

Founding Date: N/A

Website: http://www.educationfirstfcu.org

Personnel & Operations

President: Busch, Chris

Manager: Patel, Urjit

FT Employees: 145

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 13.19%

Membership Type: 34

Branches: 9

Hours: Monday - Friday: 9:00 A.M. - 5:00 P.M. Satu

Credit Union Profile Summary

EDUCATION FIRST is a FCU Credit Union. With a total of 32,244 members ^[1], this institution manages approximately $598,262,865 in total assets ^[1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 8.13% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -6.97% ^[1].

Financial Snapshot

Total Assets ^[1]

$598,262,865

Total economic resources.

Total Loans ^[1]

$362,941,199

Total value of outstanding loans.

Total Deposits ^[1]

$559,923,970

Total funds deposited by members.

Members ^[1]

32,244

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

8.13%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

-0.64%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

64.82%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↓ -4.10%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↓ -6.97%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↓ -1.35%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

7025 Eastex Fwy

Beaumont, TX, 77706-6515

Open in Google Maps

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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