In the world of financing, there are many companies, businesses, and institutions, otherwise known as banks, that only seek personal gain when helping others. These big banks are owned by shareholders with an enormous amount of clientele, and their main priority is to profit from the services they offer.

With a credit union, members aren’t just clients or customers; they’re owners! As services from credit unions are intended for your financial well-being and are generally not-for-profit, you hold stock in the business with each account. In this installment, we’re discussing good reasons to join a credit union!

Low Rates

Credit unions generally offer lower loan rates than banks as well as some of the best rates for home, auto, and credit card payments. We understand that life can be dynamic at times, so we ensure that our members can depend on us throughout every stage of the journey. And with great rates and higher annual percentage yields, we have the opportunity to give money back to our members!

Financial Counseling

Education is the name of the game! We believe education is the key to making more informed choices when managing your finances. We’re here to provide information, tools, and personal assistance to improve our members’ financial literacy for well-informed decision-making. From home equity loans to credit comprehension, we’ll work with you to help you understand options and solutions for your needs. We’ll walk you through the process of decreasing your debt, increasing your credit score, and how to best utilize our services to your benefit. To schedule an appointment with one of our Certified Credit Union Financial Counselors (CCUFC), click here. Or maybe you have a simple question you want to be answered without scheduling an appointment. Good news! We have an “Ask a Counselor” button where you can submit your question and one of our CCUFC’s will take the time to answer your question and assist you accordingly. To try out our “Ask a Counselor” button, click here!

Community Involvement

Credit unions are founded on the philosophy of People Helping People. At ECU, we pride ourselves on the work we do in our community. We enjoy donating, sponsoring, contributing, and volunteering in numerous events and activities in the Panhandle community.

Additionally, we are dedicated to our educators and those involved in the education community, as education is at the heart of everything we do here at the Credit Union.

Since 1935, we have valued people first, and impact always! Our mission is to love our people with smarter banking, and we aim to do so by continuing to offer low rates and financial education for our members while also being active in the communities we serve. We’d love for you to become a part of our family!

Already a member? Share the benefits of Credit Union membership with family and friends!

Learn More, Live More.

Call us today at 806-358-7777 to discuss which accounts are right for you.


Sandberg, Erica. “What Are the Benefits of a Credit Union?” Experian, Experian, 25 Oct. 2021,

“About ECU.” Education Credit Union, 10 Oct. 2023,