Educators Credit Union is the Wisconsin CU that I’ll be focusing on here. We’ll take a look at important info on them like history, membership eligibility, and of course, product offerings.
Advertiser Disclosure: We receive compensation if you sign up for financial products or services mentioned in this article in the blue buttons. For more info on that, click here.
*Routing #: 275981378
*Phone #: (262) 886-5900
A Little History
Like many similar financial institutions out there, this one also started in the 1930’s. It was founded by teachers (you could probably guess by the name).
They started with the guiding principle of “Not for Profit, Not for Charity, But for Service.” That continues today and is upheld through all of their different types of members – from students to healthcare employees, teachers, and everyone in-between.
Today, you can find 24 branches in southeastern Wisconsin, a network of 60,000 fee-free ATMs, and 207,000+ members.
Educators Credit Union Membership Requirements
You will need to live in certain areas of Wisconsin if you want to be a member at ECU. Those areas are Dane, Green, Jefferson, Kenosha, Milwaukee, Ozaukee, Racine, Rock, Walworth, Washington, and Waukesha counties.
You can feel good knowing that you’re part of a credit union that gives back (if you join them). Educators Credit Union has a handful of initiatives for philanthropy, so, they make a big mark on the community.
In the last three years, they have given $1.8 million+ to various charitable organizations across WI. They also provide financial literacy courses to 25,000+ students annually.
They also give $70,000 in college scholarships.
Educators Credit Union Digital Services
They have a few different digital services that you might like, so, we’ll take a look at them here. Something unique to them is video banking.
Instead of going to a branch, you can do a video call with a banker there. In addition to that, they have mobile banking, online banking, voice banking, Ctrl: Card Control, and Ask EVA: Telephone banking.
Those last two really got my attention. The Ctrl: Card Control service is an app that you can get for Apple or Android products to turn cards on or off. It also has other neat features like spending restrictions and instant notifications when a purchase is made with your card.
Educators Credit Union also has a cool service called Ask EVA: Telephone banking. “EVA” stands for Educators Voice Assistant. It’s pretty much just phone banking with a catchy name. You can go through a list of phrases to use the system to do things like check account balances or make transfers.
You can find a full suite of banking products at Educators Credit Union. That includes your personal checking, debit cards, personal savings, IRAs, and ESAs.
They also have savings accounts tied to rewards programs where you can win up to $5,000. Basically, you get entered into a sweepstakes for saving money. That’s pretty cool. That account is called Saver’s Sweepstakes.
You can also choose from a couple different loan products. Those include Visa credit cards, home loans, vehicle loans, student loans, and personal loans.
Do you want to plan for the future? If you do, you can use their investment services or insurance products for that.
Educators Credit Union Perks
There are a few perks to working with the folks here. Aside from what I already mentioned, they have a vehicle purchase assistance program, so, you can get help finding a car.
You can get special discounts around town, too, like at the ball park. Their Wise-Traveler membership (it’s free, no obligation) can get you competitive pricing on over 300,000 hotels and resorts world-wide.
Educators Credit Union can get you a discount up to $15 on TurboTax and discounts at the Racine Family YMCA. Get 50% off the joining fee and 8% off the regular membership rate.
ECU Final Thoughts
Educators is a solid looking credit union for you to keep your money at. They offer a ton of incentive programs, too. Definitely more than I’ve seen with other places. Plus, they give back in a few more ways than other places do, too. Personally, I always prefer working with a place that helps the community versus a place that doesn’t.
Check them out at https://www.ecu.com/ today.
Do you have a review on this credit union? Send it to [email protected] and we’ll add it in!
*All information in this article was current at the time of this writing, however, it could change without notice. We do our best to keep these updated, however, there is no guarantee you will find the same information on the CU’s website or at the time of opening an account with them.
*This site is not affiliated with the Credit Union mentioned in this article.