Credit union
Educators Credit Union
Racine, Wisconsin, Racine County, WI
$4.0B in total assets and 232,579 members, the 130th largest of 4,298 US credit unions and 8th of 98 headquartered in Wisconsin.
- NCUA charter
- 66448
- Charter
- State chartered (WI)
- Chartered
- 1937
- NCUA insured since
- 1985
- Low-income designation
- Yes
- Website
- http://www.ecu.com
At a glance
Compared with 14 federally insured credit unions in Wisconsin with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $4.0B | 50% | $3.8B | |
| Loans | $2.6B | 36% | $3.1B | |
| Deposits (shares) | $3.3B | 50% | $3.1B | |
| Members | 232,579 | 64% | 163,724 | |
| Return on assets | 1.44% | 79% | 1.19% | |
| Net interest income to assets | 3.37% | 50% | 3.44% | |
| Efficiency ratio | 66.4% | 57% | 65.1% | |
| Net worth ratio | 13.92% | 93% | 10.88% | |
| Loans to shares | 77% | 2% | 98% | |
| Cost of deposits | 1.47% | 7% | 2.14% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 9.0% a year over 10 years and 6.2% a year over the last 5, including 5 mergers in the last 10 years. Membership grew 1.8% a year over 5 years, to 232,579.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Jan 2025 | Empower Credit Union Credit union, West Allis, WI | $87M |
| Feb 2020 | Greater Galilee Baptist Credit Union Credit union, Milwaukee, WI | $238K |
| Jan 2019 | Aurora Credit Union Credit union, Milwaukee, WI | $57M |
| Oct 2017 | Parker Community Credit Union Credit union, Janesville, WI | $125M |
| Apr 2017 | Hanna Employees Federal Credit Union Credit union, Pleasant Prairi, WI | $169K |
| Jan 2015 | Racine Police Credit Union Credit union, Racine, WI | $2M |
| Apr 2013 | Lakeside Credit Union Credit union, Oak Creek, WI | $9M |
| Jan 2012 | Kyle Central Credit Union Credit union, South Milwaukee, WI | $12M |
Where they operate
26 branches in 6 counties.
1 of 26 branch locations are approximate (ZIP code centers).
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Milwaukee County, WI | 12 | 4.5% | 8 of 44 |
| Racine County, WI | 5 | 10.0% | 3 of 18 |
| Kenosha County, WI | 3 | 6.5% | 6 of 19 |
| Waukesha County, WI | 3 | 1.6% | 18 of 48 |
| Rock County, WI | 2 | 3.8% | 7 of 25 |
| Walworth County, WI | 1 | 2.5% | 10 of 21 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 20 | |
| 2017 | 24 | +4 |
| 2018 | 25 | +1 |
| 2019 | 24 | −1 |
| 2020 | 25 | +1 |
| 2021 | 26 | +1 |
| 2022 | 26 | 0 |
| 2023 | 26 | 0 |
| 2024 | 27 | +1 |
| 2025 | 26 | −1 |
| Jun 2026 | 26 | 0 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 0.97% | 0.56% |
| Net worth ratio | 13.92% | 10.88% |
| Loans to shares | 77% | 98% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Wisconsin
Most branches in Milwaukee County, WI
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.