Company Profile
Educators Credit Union
Company Overview
Educators Credit Union was founded by teachers in 1937 so members could borrow and save money at fair and reasonable interest rates. Today, Educators members are students, government workers, healthcare employees, small business owners and many other community members. Educators started out operating under the guiding principle of “Not for Profit, Not for Charity, But for Service.” That purpose and philosophy remains our foundation and guiding force today, along with our mission to help every member achieve his or her financial goals.
Company History
Educators Credit Union was started in March 1937 in Racine, Wisconsin, as the Racine Teachers Credit Union. There was no place for teachers to save or borrow money then, so teachers formed a financial cooperative — a credit union. Erwin Wall, the first president, opened his home and took deposits for some of the credit union’s first members.
Growth was slow but steady during the early years, then in the 1970s there was a major growth spurt and the credit union opened a number of branch locations. It was then that we became Educators Credit Union. Thanks to our loyal membership base, Educators continues to grow.
Our Values
Since 1937, we have grown along with our members by practicing our mission: to passionately help people by educating and advising and earning loyalty. We seek to assist people as they bridge their financial and personal lives by providing education, service and support.
Whether you are interacting with us on the phone, over the computer or in person, we are dedicated to providing you with sincere, personal service. Outside of work, we believe in being active participants in the local community through fundraising and volunteering. It takes a village — and we are honored to be a part of yours.