Educational Community Credit Union:

Educational Community Credit Union was chartered in 1993 and its charter number is 68017. The National Credit Union Administration (NCUA) is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country. Educational Community Credit Union's address registered with the NCUA is 10520 19TH AVE. SE, EVERETT, WA 98208. As of 10/19/06 Educational Community CU reported $44,141,717 in assets. The credit union currenly has 10,316 members. It's Manager/CEO is Karen Canaday. The credit unions website is www.edcomcu.org. Educational Community Credit Union is a member of the California Credit Union League .


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Educational Community Credit Union Financial Evaluation

As of December 31, 2004
Total Assets: $42,002,995.00
Total Loans: $31,469,066.00
Net Worth Ratio: 9.92
% Share Growth: -0.8
% Loan Growth: 12.35
Loans/Assets Ratio: 74.92
Loans/Assets Ratio: 13.56
Numbers of Members: 10,029
Number of Full-time Employees: 25.5
 
As of December 31, 2005
Total Assets: $43,383,004.00
Total Loans: $33,146,716.00
Net Worth Ratio: 8.92
% Share Growth: 4.48
% Loan Growth: 6.68
Loans/Assets Ratio: 76.4
Loans/Assets Ratio: 13.56
Numbers of Members: 10204
Number of Full-time Employees: 20.5
 
As of December 31, 2006
Total Assets: $44,265,239.00
Total Loans: $34,236,102.00
Net Worth Ratio: 9.1
% Share Growth: 2.22
% Loan Growth: 3.28
Loans/Assets Ratio: 77.34
Loans/Assets Ratio: 13.14
Numbers of Members: 10,084
Number of Full-time Employees: 19.5
 
 

 
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Credit Union News:

Teens Running Credit Union inside High School
WSYR 9 Syracuse - Feb 8, 2008
High school students with a little extra cash in some area schools now have the option of opening checking and savings accounts inside their school.

Full Story: http://www.9wsyr.com/news/local/story.aspx?content_id=742c7a3c-f1df-4401-a21a-4f1aa9f37412&rss=112

Cops look for gunman who robbed credit union
Northwest Indiana Times - Feb 2, 2008
WINFIELD | The FBI and Lake County police are looking for a man who robbed Members Advantage Credit Union at gunpoint. FBI spokeswoman Wendy Osborne said agents and police are investigating whether the suspect is one of two men who robbed the same financial institution last month.

Full Story: http://www.thetimesonline.com/articles/2008/02/03/news/lake_county/docce2aed86522fce16862573e4000d12ab.txt

Credit union Wings strikes deal with black pilots
BizJournals - Feb 5, 2008
Wings Financial Federal Credit Union is now the official credit union for the Organization of Black Airline Pilots (OBAP), Wings announced Tuesday.

Full Story: http://www.bizjournals.com/twincities/stories/2008/02/04/daily21.html%3fana=from_rss


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