Intro – EECU Reviews & Ranking
EECU was recently ranked and reviewed by AdvisoryHQ as a top rated credit union. Firms on our top rated lists were selected after they successfully passed AdvisoryHQ’s groundbreaking, four-step banks and credit unions selection methodology.
Click here for a step-by-step breakdown of the methodology and selection process used during our EECU review: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.
The EECU review below provides a detailed assessment, including some of the factors used by AdvisoryHQ News in its ranking and selection.
EECU was originally founded as the Fort Worth Teachers Credit Union in 1934 to provide financial services for teachers and administrators in the Fort Worth area. The name was later changed to the Educational Employees Credit Union and then shortened to EECU.
This top credit union is a 2.3+ billion-dollar institution and offers access to more than 5,000 Service Centers and 85,000 ATMs nationwide, in addition to their 14 Financial Centers.
2020 Top Credit Unions
They believe that an important mindset of any great financial institution is the desire to help their neighbors. Their dedication to their members and community shows; the credit union was named “Best Bank/Credit Union in Ft. Worth” by the Fort Worth Star Telegram.
Key Factors Leading Us to Rank This Firm as One of This Year’s Top Credit Union Firms
Upon completing our detailed reviews, EECU was included in AdvisoryHQ’s ranking of this year’s best credit unions based on the following factors.
EECU Review: Cash Rewards MasterCard
One of the primary factors many people consider when selecting a bank or credit union is the type of rewards programs it offers. One of the choices available from EECU comes in the form of the Cash Rewards MasterCard®.
This card includes 1.5% unlimited cash back, no annual fee and no balance transfer fee. Additionally, there are no narrow categories when it comes to earning cashback.
Another nice feature of the card is a 9.9% APR on balance transfers for life, which allows you to use it to pay down balances while potentially reducing the amount you pay overall in interest.
Other personal credit cards available to members of EECU include the Platinum Plus MasterCard® and the World Rewards MasterCard®.
EECU Review: Real Worth with Interest Checking
One of the many checking accounts available to members of EECU is the Real Worth Checking with Interest account. This account requires only $25 to open, and with a minimum daily average balance of $1,000, there are no monthly service fees.
Balances of $1,000+ earn 0.15% APY. Additional checking account features include courtesy overdraft protection, a 0.10% select loan discount and free online and mobile banking.
For those individuals looking for a higher interest rate, EECU also offers a Money Market Checking account with a minimum of $2,500 to open and interest as high as 0.90% APY.
EECU Review: Investment Options
EECU offers its members several investment options to grow their money, plan for retirement, and save for healthcare expenses.
For those looking to invest in a CD, they offer rates as high as 2.35% APY and as low as a $1,000 minimum deposit. They also offer flexible terms from 3 months to 5 years.
IRAs can also earn as high as 2.35% APY and have zero maintenance fees with a variety of terms available.
For saving money tax-free for healthcare expenses, they offer Health Savings Accounts with no monthly services fees, interest paid monthly, and as high as 1.00% APY.
EECU works to make finances as easy and comprehensive as possible and has a very straight-forward and easy to navigate website.
This top credit union offers a wide array of financial services, including business banking and insurance products, making them a great resource for several types of financial services.
With excellent rates on checking and savings and a community spirit, which includes charitable support and financial literacy programs, EECU is awarded a 5-star rating as a top credit union to consider.
In addition to reviewing the above EECU review, you can click on any of the links below to browse exclusive reviews of AdvisoryHQ’s top credit unions:
AdvisoryHQ (AHQ) Disclaimer: Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info. Note: Firms and products, including the one(s) reviewed above, may be AdvisoryHQ's affiliates. Click to view AdvisoryHQ's advertiser disclosures.
AdvisoryHQ (AHQ) Disclaimer:
Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.
Note: Firms and products, including the one(s) reviewed above, may be AdvisoryHQ's affiliates. Click to view AdvisoryHQ's advertiser disclosures.