EECU credit union surpasses $1 billion in loans

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Fort Worth-based financial institution serves community lending needs

FORT WORTH, Texas—Fort Worth-based credit union EECU has surpassed $1 billion dollars in loans. The milestone came near the end of the 2012 calendar year and has been sustained since.

“We are excited about reaching the $1 billion mark,” said Lonnie Nicholson, president and CEO of EECU. “This milestone represents our commitment to developing the financial solutions that North Texans are looking for. We’re committed to the success of our members and to the growth of the communities we serve, and $1 billion in loans is a reflection of that mission.”

One of North Texas’ largest locally owned financial institutions, EECU offers new and used auto loans, recreational vehicle and boat loans, mortgages, home equity loans, personal loans and credit cards.

As a credit union, EECU focuses lending efforts on serving the financial needs of the people in its communities, and directs the returns generated toward community enrichment opportunities and savings for the individuals it serves. Currently, EECU benefits more than 167,000 people in the Metroplex and abroad. In addition, the organization devotes more than $130,000 each year toward enriching area schools and community initiatives, including the awarding of five annual scholarships to high school seniors bound for college.

“EECU was built and has been operated by members of this community for nearly 80 years,” continued Nicholson. “As we continue to grow and serve our friends and neighbors, we will always keep their needs and best interests at heart.”

The credit union receives and processes loan applications through 13 branch locations, online channels and indirect lenders such as auto dealerships. EECU loans are available to individuals who live and work in Tarrant County and its surrounding areas. Details regarding lending policies and EECU’s field of membership can be found by visiting eecu.org.

About EECU

EECU was founded in 1934 to serve the financial needs of Fort Worth educators. Today, with assets of more than $1.4 billion, EECU is a community-based credit union that continues its tradition of serving the financial needs of individuals or businesses in greater Fort Worth and surrounding areas. EECU provides more than 167,000 people with a full range of financial products and services through its 13 convenient branch locations and alternative delivery channels including online and mobile resources and 55,000 free ATMs worldwide. For more information, visit eecu.org or connect with the credit union on Facebook and Twitter.

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