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Educational Systems Credit Union

Overview
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Educational Systems Credit Union is a federal credit union based in Greenbelt, Maryland. It has been opened since 1955, for 65 years.

With around $1,012,170,000 in assets, Educational Systems Credit Union is considered to be a very large credit union. It has 15 branches and 20 ATM locations.

About
Address P.O. Box 179
Greenbelt, Maryland 20768
Website http://www.esfcu.org
Phone (301) 779-8500
CEO Chris Conway
President of the Board Alonia Sharps
Services Offered
Map
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Score Card
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65 years
Years in business
Opened in 1955
Well Capitalized
Net worth classification
Source: NCUA
85,187 members
Membership type: Multiple common bond – primary educational
Above average number of members
408:1
Credit union member to staff ratio
408 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$1,012,168,968
Total assets
Above average
15 branches
Compared with an average of 4 nationally and 3 in Maryland
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
13.00%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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15 branches
Compared with an average of 4 nationally and 3 in Maryland
Above average number of branches
Educational Systems Credit Union Branch Locations

Educational Systems Credit Union: Germantown
19215 Frederick Road
Germantown, Maryland 20876
ATM Available
Educational Systems Credit Union: Corporate Office
7500 Greenway Center Drive
Suite 1400
Greenbelt, Maryland 20770
ATM Available
Educational Systems Credit Union: Upper Marlboro
8801 Police Plaza
Upper Marlboro, Maryland 20772
ATM Available
Educational Systems Credit Union: Waldorf
169A Smallwood Village Center
Waldorf, Maryland 20602
ATM Available
Educational Systems Credit Union: California
22599 Macarthur Boulevard Suite 122
San Souci Plaza
California, Maryland 20619
ATM Available
Educational Systems Credit Union: Greenbelt
7500 Greenway Center Drive Suite 130
Maryland Trade Center 1
Greenbelt, Maryland 20770
ATM Available
Educational Systems Credit Union: Prince Frederick
705 Prince Frederick Boulevard
Prince Frederick, Maryland 20678
ATM Available
Educational Systems Credit Union: Rockville
15901 Frederick Road
Derwood, Maryland 20855
ATM Available
Educational Systems Credit Union: Middlebrook
12850 Middlebrook Road
Suite 1
Germantown, Maryland 20874
ATM Available
Educational Systems Credit Union: Bowie
4801 Glenn Dale Road
Duvall Village Shopping Center
Bowie, Maryland 20720
ATM Available
Educational Systems Credit Union: Cherry Hill
12500 Prosperity Drive
Silver Spring, Maryland 20904
ATM Available
Educational Systems Credit Union: Clarksburg
23225 Stringtown Road
Clarksburg, Maryland 20871
ATM Available
Educational Systems Credit Union: Annapolis
2625 Riva Road Suite C.
Annapolis, Maryland 21401
ATM Available
Educational Systems Credit Union: Aspen Hill
13711 Georgia Avenue
Silver Spring, Maryland 20906
ATM Available
Members
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85,187 members
Membership type: Multiple common bond – primary educational
Above average number of members

With 85,187 members, the Educational Systems Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 95% of credit unions.

Fees
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$147
Average fee per member
The average fee per member at the Educational Systems Credit Union is $147, which is very high compared to most credit unions. This rate is higher than 96% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Educational Systems Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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408:1
Credit union member to staff ratio
408 per each FTE employee
Compared to 411:1 nationally
Fewer staff
209 staff members
FTE (full-time equivalent)
3% of employees are part-time
206 full-time, 6 part-time

Educational Systems Credit Union has 206 full-time staff members and 6 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 97% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Educational Systems Credit Union has around 408 members per staff, a higher ratio compared to other credit unions.

Assets
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$1,012,168,968
Total assets
Above average
Net worth
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
9.2%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases
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$13,940
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 76% of credit unions.

Educational Systems Credit Union holds a total of $597,170,000 in loans and leases, which is about $13,940 per member on average.

Savings interest rate
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0.05%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Educational Systems Credit Union pays 0.05%.

Loan rates
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13.00%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
16.99%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
3.05%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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3.94%
New car loan rate
Compared to 4.0% nationally
4.19%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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2.99%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.00%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
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