Credit union · NCUA insured
Educational Federal Credit Union
A $1.8B credit union, the 282nd largest of 4,329, headquartered in Miami, FL, with 119,576 members and 9 branches in Florida. Best rates: CDs 3.55% and savings 0.25% APY.
Educational Federal Credit Union Carrot Score
73
Carrot Score
Higher than 33% of U.S. banks and credit unions
#42 of 67 in Miami, FL metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Educational Federal Credit Union
The Educational Federal Credit Union operates branches throughout Miami-Dade County, having been founded by educators for members of the South Florida educational community.
- Headquarters
- 7800 SW 117th Ave, Miami, FL 33183-3825
- NCUA charter
- 176
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Members of designated affiliated associations and organizations.
Military, government and schools
- Employees or retirees (pensioners/annuitants) of designated educational institutions and organizations in Florida.
- Students of designated educational institutions in Florida.
Family and household
- Immediate family members of individuals within the credit union's field of membership.
- Household members living in the same residence and maintaining a single economic unit with an eligible individual.
Other ways
- Revocable and Irrevocable Trusts where all grantors or all beneficiaries qualify for membership.
Branches
9 branches in Florida
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Florida
9 branches
- KendallMain office7800 SW 117th Ave, Miami, FL 33183Directions
- Homestead16460 SW 304th St, Homestead, FL 33033Directions
- 27th Avenue Branch2310 SW 27th Ave, Miami, FL 33145Directions
- Downtown1498 NE 2nd Ave, Miami, FL 33132Directions
- Miami Dade College, North Campus11380 NW 27th Ave, Miami, FL 33167Directions
- Miami Gardens18975 NW 2nd Ave, Miami, FL 33169Directions
- Palmetto Bay17500 S Dixie Hwy, Miami, FL 33157Directions
- Miami Lakes5890 NW 158th St, Miami Lakes, FL 33014Directions
- Miramar Park Place11295 Miramar Pkwy, Miramar, FL 33025Directions
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
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 15.45% | 10.86% | 12.59% or more |
| Troubled loans60+ days late | 0.61% | 0.70% | 0.46% or less |
| ProfitabilityReturn on assets | 1.01% | 0.82% | 1.16% or more |
| LendingLoans per $100 deposited | $73 | $88 | — |
- CapitalNet worth ratio15.45%Peers’ middle 10.86% · Top 25% 12.59%+
- Troubled loans60+ days late0.61%Peers’ middle 0.70% · Top 25% ≤0.46%
- ProfitabilityReturn on assets1.01%Peers’ middle 0.82% · Top 25% 1.16%+
- LendingLoans per $100 deposited$73Peers’ middle $88
Compared with the 479 credit unions with $1 billion or more 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 Educational Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.