Credit union · NCUA insured
Education Credit Union
A $474M credit union headquartered in Amarillo, TX, with 41,649 members and 11 branches in Texas. Best rates: CDs 4.15% and savings 0.50% APY.
Education Credit Union Carrot Score
81
Carrot Score
Higher than 56% of U.S. banks and credit unions
#8 of 16 in Amarillo, TX metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Education Credit Union
Founded in 1935 by ten Amarillo teachers as Amarillo School Employees Credit Union, Education Credit Union received its state charter the same year to improve financial health and access.
Headquartered in Amarillo, Texas, the member-owned financial cooperative serves more than 40,000 members across 18 Texas Panhandle counties.
- Headquarters
- 6203 Hillside Rd, Amarillo, TX 79109-7193
- NCUA charter
- 67494
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Anyone living, working, attending church, or attending school within 10 miles of any ECU location is eligible for membership.
Employers and groups
- Certified daycare workers in Potter and Randall counties are eligible for membership.
- Members of Canyon ISD Council PTA, Amarillo ISD Council PTA, WTAMU Alumni Association, or Bushland ISD Council PTA are eligible for membership.
Military, government and schools
- Homeschoolers in Potter, Randall, Armstrong, Carson, Donley, and Oldham counties, Texas, are eligible for membership.
- Employees of any public, private, or parochial school, college, or university in Potter, Randall, Armstrong, Carson, Donley, and Oldham counties, Texas, are eligible for membership.
- Students of any public, private, or parochial school, college, or university in Potter, Randall, Armstrong, Carson, Donley, and Oldham counties, Texas, are eligible for membership.
5 more ways to join
Military, government and schools
- Individuals holding a valid Texas teaching certificate are eligible for membership.
- Employees of District 4 of the Texas Department of Transportation across 18 Texas Panhandle counties are eligible for membership.
Family and household
- Spouses of eligible persons who died while in the field of membership are eligible for membership.
- Blood or legal relatives of anyone eligible for membership are eligible to join.
Other ways
- Retirees receiving retirement or pension due to employment by an organization in the field of membership are eligible for membership.
Cost to join
- A one-time membership fee of $1 is required.
- A savings account opening deposit of $5 is required.
Branches
11 branches in Texas
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Texas
11 branches
Amarillo area · 9
- 45th Branch3615 SW 45th Ave, Amarillo, TX 79109Directions
- AmTech3601 Plains Blvd, Amarillo, TX 79102Directions
- Badger Smart Branch512 SW 22nd Ave, Amarillo, TX 79109Directions
- Hillside Branch6201 Hillside Rd, Amarillo, TX 79109Directions
- I-40 Branch4400 W Interstate 40, Amarillo, TX 79106Directions
- Plum Creek Branch5500 Plum Creek Dr., Amarillo, TX 79124Directions
- Bushland1801 S FM 2381, Bushland, TX 79012Directions
- Canyon Branch2100 4th Ave, Canyon, TX 79015Directions
- Canyon- VFW1900 Farm To Market Rd 2590, Canyon, TX 79015Directions
Borger area · 2
- Borger Branch500 W Grand St, Borger, TX 79007Directions
- Stinnett Branch102 N Main St, Stinnett, TX 79083Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 12.63% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.64% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.53% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $95 | $76 | — |
- CapitalNet worth ratio12.63%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.64%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.53%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$95Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Education Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.