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History of ECU
Community Involvement
2009 Annual Report
Notice of Availability of Documents
ECU Senior Management and Board of Directors
Complaint Notice
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Mission Statement
"Educators Credit Union is Committed to
Providing Sound Financial Services,
Which Are Beneficial to the Member Owner.
The Credit Union Will Accomplish This
in a Caring, Professional Manner."
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The History of Educators Credit Union
In 1938, ten teachers pooled $60 to form Educators Credit Union. In the beginning, the credit union was named McLennan County Teachers Federal Credit Union, but was later changed to Educators Credit Union.
In 2005, ECU expanded our membership to include anyone who lives, works, or attends school in McLennan, Bosque, Falls, Hill, Coryell or Lampasas counties. The education community is the foundation of our membership, but this expansion gave us the opportunity to serve everyone in the community, no matter their profession.
Today, ECU is the largest credit union in Central Texas, with more than 33,000 members and over $260 million in assets. It is our goal to meet the financial needs of our members. We offer a wide variety of services at competitive rates and have eight convenient locations to serve you.
(Click here for address and contact information for each branch.)
Community Involvement
Educators Credit Union employees contribute their time and energy to many community organizations.
Our staff volunteers and/or raises funds for:
2009 Annual Report
Review the Annual Report to see how ECU performed in 2009. The report includes the balance sheet, income/expense statement and other useful information.
2009 Annual Report
Notice of Availability of Documents
ECU will provide information on the following documents upon *request:
- A summary of the most recent annual audit;
- The most recent statement of financial condition;
- IRS Form 990 report;
- Articles of Incorporation; and
- ECU Bylaws and Rules.
*Request must be made in person, by a member of legal age, at ECU's main office located at 501 W State Hwy 6, Waco TX.
Educators Credit Union Senior Management Staff
| Joe Hutyra |
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CEO |
| William Palasota |
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CFO |
| Sharon Schroeder |
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VP-Accounting |
| Monica Krenek |
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VP-Lending |
Educators Credit Union Board of Directors
| Name/Position |
Term Thru
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| Raymond Weldon, Board Chairman |
3-2011
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| Austin Vasek, Board Vice Chairman |
3-2013
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| Jo Ann Brown, Board Secretary |
3-2012
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| Ralph Barksdale, Jr |
3-2012
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| Doug Wedemeyer |
3-2013
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| Al Pollard |
3-2013
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| Karen Richardson |
3-2011
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Complaint Notice
This credit union is incorporated under the laws of the State of Texas and under state law is subject to regulatory oversight by the Texas Credit Union Department. If you have a dispute with Educators Credit Union you should contact the credit union. If the dispute is not resolved to your satisfaction, you may file a complaint against the credit union by contacting the Texas Credit Union Department through one of the means indicated below:
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