Educators Credit Union
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History of ECU
Community Involvement
2010 Annual Report
Notice of Availability of Documents
ECU Senior Management and Board of Directors
Complaint Notice

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."


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 36,000 members and over $311 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 the following organizations:

  • American Cancer Society's Relay for Life
  • Children's Miracle Network
  • March of Dimes
  • Muscular Dystrophy Association (MDA)

2010 Annual Report  

Review the Annual Report to see how ECU performed in 2010. The report includes the balance sheet, income/expense statement and other useful information. 

2010 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   CEO
William Palasota   CFO
Sharon Schroeder   VP-Accounting
Monica Krenek   VP-Lending

Educators Credit Union Board of Directors

Name/Position 

Term Thru

Raymond Weldon, Board Chairman

3-2014

Austin Vasek, Board Vice Chairman

3-2013

Jo Ann Brown, Board Secretary

3-2012

Ralph Barksdale, Jr

3-2012

Doug Wedemeyer

3-2013

Al Pollard

3-2013

Karen Richardson

3-2014


COMPLAINT NOTICE

If you have a problem with the services provided by this credit union, please contact us at:

Educators Credit Union
PO Box 20728
Waco, TX 76702
800-596-5460

The 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 any 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:

In person or by US mail: 

Texas Credit Union Department
914 East Anderson Ln
Austin, TX 78752-1699

Telephone: 

(512) 837-9236

Website: 

www.cud.texas.gov

 

 

 

 

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