Education Credit Union has been serving the Texas Panhandle for the last 85 years and is dedicated to being the preferred financial provider through all stages of life. ECU is open to anyone living, working, worshiping or going to school in Potter, Randall, Armstrong, Carson, Dallam, Sherman, Hansford, Ochiltree, Lipscomb, Hartley, Moore, Hutchison, Roberts, Hemphill, Gray, Deaf Smith, Donley and Oldham counties or anyone living within a 10-mile radius of any of its six branch locations. Education Credit Union has a variety of services including checking accounts, savings accounts, loans, free financial education to the people of the panhandle and the most advanced mobile products. Additional information may be located at educationcu.com.
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Events and Information
CONTACT: Lindsey Murphy, 806-358-7777 X251 Lindsey.Murphy@educationcu.com
Education Credit Union Announces 60 Day Loan Deferment
Education Credit Union is excited to announce, Effective April 7, 2020, they will automatically defer loan payments for 60 days (April and May) on all eligible* vehicle loans, personal loans, and credit cards.
ECU realizes this crisis may affect their member’s ability to make loan payments because of job loss, loss of work hours, and/or the need to help family and friends. During uncertain times such as these, ECU is committed to doing all they can to ease the financial burden their members might be experiencing due to the Coronavirus COVID-19 pandemic.
Eric Jenkins, ECU’s President and CEO said, “As we discussed ways to best provide financial relief to our members during this crisis, automatically deferring our members’ eligible loan payments for two months was the simplest and fairest path to take. We fully expect that many of our members who haven’t necessarily experienced a financial hardship will take advantage of having these extra funds during April & May to help their family, friends, and worthy causes in our community.” “People helping people!”
*Real estate loans are not eligible for automated deferment.