Main Phone: 614-221-9376 | Toll Free: 1-866-628-6446 | Routing Number: 244077271 x
▶ Westerville
▶ Reynoldsburg
▶ Downtown Office
Summer Loan Special
Have A Fun Summer!
Whether it be a vacation, graduation expenses, small home improvement, or whatever, it seems like there is always a way you could use a little extra money in the Summer. We’ve covered you with an Education First Credit Union Summer Loan Special this year.
Summer Loan Details:
- Borrow up to $5,000
- Rates As Low As 6.99% APR*
- Repayment Terms up to 36 months
Don’t wait. This offer is only available until August 31, 2022. Get started today!
*Annual Percentage Rates (APRs) are accurate as of June 21, 2022, and may change at any time. All loan applications are subject to credit review and approval. Rates, terms, and conditions may vary based on creditworthiness and loan qualifications. Minimum credit score and loan underwriting is required. For example, a loan for $5,000 with a 36-month term (3 years) at 8.99% APR will have a monthly payment of $159.01. Other rates, terms, payments, and loan amounts are available. Some restrictions may apply. This offer is available from June 21, 2022, through August 31, 2022, and is subject to change at any time and without advance notice.
Independence Day Observed
In observance of Independence Day – Education First Credit Union will have special holiday hours.
Monday, July 4, 2022 All Branches Closed
Mobile, Online, and CU Access are always open.
4 Ways to Stay Financially Fit This Summer
Ahh… summer! The season of flip-flops and sunscreen, of lemonade and baseball. What’s not to love?
Unfortunately, summer can also be the season of overspending for some of us. When the sun is blazing across a cloudless sky and the day stretches on with endless possibilities, purse strings are looser and cards are swiped with abandon. But nothing kills summer fun like a busted budget and a mountain of debt. So how can you stay financially fit this summer?
Keeping your finances intact throughout the summer is possible if you’re ready to plan ahead and make responsible choices. Here are four tips for a financially fit summer.
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Prepare for a possible change in income
If you’re a freelancer, business owner or get paid per diem, expect to see a drop in income during the summer. Business is notoriously slower across many industries at this time, so it’s best to be prepared for this reality. To avoid dipping into savings or going into debt, trim your discretionary spending and use the extra funds to cover non-discretionary expenses. You can also choose to find a side hustle for the summer to cover the gap in your income.
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Get your budget summer-ready
Your budget will see some changes in the summertime, and it’s wise to prepare it in advance instead of being caught unaware. Here are some changes you might expect:
- Higher utility bills
- Increase in fuel prices
- Travel expenses
- Increased activities for kids
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Create a vacation budget
Build a workable budget for your summer getaway to avoid overspending. Attach a dollar amount for your hotel stay, car rental, food costs, transportation, entertainment and outings as well as any other costs you expect to encounter during vacation.
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Review and adjust as necessary
Blowing a budget is never an excuse to go all out and overspend without considering the consequences. To avoid falling into this trap, review your budget and your overall spending on a regular basis throughout the summer. Being aware of the state of your finances will make it easier to make responsible choices going forward.
Follow these tips to keep your finances intact throughout the summer.
Your Turn: How do you plan to stay financially fit this summer? Share your tips with us in the comments.
Education First 2022 Scholarship Winners
We are proud to announce that it was an extraordinary year for Education First’s scholarship program!
A big congratulations to this year’s four winners – we are proud of your achievements and excited for what the future holds for each of you!
Each student will receive $1,000 to use towards their future college expenses.
This year we are awarding four $1,000 scholarships to deserving student members!
To date we have awarded $170,000 in scholarships to our student members!
Kiera Foreman Olentangy Berlin High School
Jamiona Ross eStem Reynoldsburg High School
Jonathan Mitchell The Ohio State University
TaJai Burns-Gable Eastmoor Academy – Columbus City Schools
Download Our Mobile App & Win!
Download our mobile app and complete the set-up process to enter a monthly $50 One member (selected randomly) who downloads our mobile app and completes the set-up process will earn a $50 deposit in their Primary Share Account. One member will be randomly selected per month beginning February 2022. One promotional deposit per member account. Education First Credit Union is not responsible for any technical or other issues that may prevent an individual from downloading the mobile app. Education First Credit Union reserves the right to cancel or change this promotion at any time and without advance notice. The offer expires on December 31, 2022.
Love My Credit Union! Save on Wireless!
Keep your phone, number, and network and save when you switch to no-contract wireless*.
Save up to $360 per year on your wireless bill by switching to no-contract wireless. Learn more at LoveMyCreditUnion.org.
*Some restrictions will apply. Prices, selection, and availability for devices and services are selected by dealers and may vary. Savings based on cost comparison of a $30 Tracfone Unlimited Talk and Text monthly plan and the cost of competitive plans with 3GB data or less.
New Reynoldsburg Branch Coming Fall 2021
Education First held a groundbreaking ceremony, celebrating the start of construction on our new East Side Branch.
The new branch will be located at 5950 Carnaby Way, Columbus, Ohio 43213. Our board members and executive team symbolically broke ground and now construction on the branch is underway!
Coronavirus Scams – Be Aware!
Here are some tips to help you keep the scammers at bay:
• Hang up on robocalls. Don’t press any numbers. Scammers are using illegal robocalls to pitch everything
• Ignore online offers for vaccinations and home test kits.
• Fact-check information. Scammers, and sometimes well-meaning people, share information that hasn’t been verified.
• Know who you’re buying from. Online sellers may claim to have in-demand products, like cleaning, household, and health and medical supplies when, in fact, they don’t.
• Don’t respond to texts and emails about checks from the government. Anyone who tells you they can get you the money now is a scammer.
• Don’t click on links from sources you don’t know. They could download viruses onto your computer or device.
• Watch for emails claiming to be from the Centers for Disease Control and Prevention (CDC) or experts saying they have information about the virus.
• Do your homework when it comes to donations, whether through charities or crowdfunding sites. Don’t let anyone rush you into making a donation.
• There have been reports about scammers pretending to be government workers calling about stimulus checks. The government will not call, text, or email regarding any type of check or payment.
Coronavirus Hardship? We are here to help.
For members who are experiencing financial hardship because of a layoff or health problems due to Coronavirus (COVID-19), please contact us. We will do our best to identify options and solutions to help you with your specific needs.
Please do not hesitate to reach out if you need assistance. You can visit us online at www.educu.org, or you may call our Service Center Team at 614-221- 9376 or toll-free at 866-628-6446. We are committed to providing quality service, care, and attention to our members. And we believe that our member’s financial best interests come first…always.
Thank you very much for your membership.
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