Education Credit Union
Amarillo, TX·Charter 67494·cu:67494·Credit union RBC / net worth
- #66 of 380Total assets in Texas
- 41.7Kmembers
- Top 1%Margin improvement in the U.S.
- Top 2%Net interest margin in the U.S.
- Top 2%Fee income vs. peers
Performance over time
7 available quarters · Gaps indicate missing data · Reported period-end total assets; consolidated for FFIEC 031.
Inside the balance sheet
Credit union · Shares of reported gross loans. Missing components are not treated as zero.
What stands out at Education Credit Union
7 of 23 FORFI signals stand out against 569 similar credit unions, based on NCUA data for the quarter.
Fee and other noninterest income among the highest of similar credit unionsStrength: Earnings 2nd quarter3.23%peers 1.17%+207 bps
Education Credit Union's noninterest income relative to average assets was 3.23%, compared with a median of 1.17% among 566 similar credit unions: higher than 98% of them.
| This institution | Peer median | Difference |
|---|---|---|
| Noninterest income relative to average assets | ||
| 3.23% | 1.17% | +207 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Education Credit Union itself is left out of every peer median and percentile. How signals work
Net worth ratio rising faster than peersStrength: Capital12.63%peers 11.03%+1.6 pp
Education Credit Union's net worth ratio rose 1.4 percentage points over the past year to 12.63%. Among 563 similar credit unions, the median rose 0.3 percentage points.
| This institution | Peer median | Difference |
|---|---|---|
| Net worth ratio | ||
| 12.63% | 11.03% | +1.6 pp |
| 12-month change | ||
| +1.4 pp | +0.3 pp | +1.1 pp |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Education Credit Union itself is left out of every peer median and percentile. How signals work
Net charge-offs falling faster than peersStrength: Asset quality0.68%peers 0.38%+30 bps
Education Credit Union's annualized net charge-off rate fell 73 bps over the past year to 0.68%. Among 561 similar credit unions, the median fell 2 bps.
| This institution | Peer median | Difference |
|---|---|---|
| Annualized net charge-off rate | ||
| 0.68% | 0.38% | +30 bps |
| 12-month change | ||
| -73 bps | -2 bps | -72 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Education Credit Union itself is left out of every peer median and percentile. How signals work
Borrowed funding falling while the peer median holds steadyNotable: Funding 2nd quarter0.0%peers 0.0%0.0 pp
Education Credit Union's borrowings as a share of assets fell 3.1 percentage points over the past year to 0.0%. Among 563 similar credit unions, the median was essentially unchanged.
| This institution | Peer median | Difference |
|---|---|---|
| Borrowings as a share of assets | ||
| 0.0% | 0.0% | 0.0 pp |
| 12-month change | ||
| -3.1 pp | 0.0 pp | -3.1 pp |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Education Credit Union itself is left out of every peer median and percentile. How signals work
Efficiency ratio falling faster than peersStrength: Efficiency71.1%peers 75.9%-4.8 pp
Education Credit Union's efficiency ratio fell 11.7 percentage points over the past year to 71.1%. Among 561 similar credit unions, the median fell 0.6 percentage points.
| This institution | Peer median | Difference |
|---|---|---|
| Efficiency ratio | ||
| 71.1% | 75.9% | -4.8 pp |
| 12-month change | ||
| -11.7 pp | -0.6 pp | -11.1 pp |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Education Credit Union itself is left out of every peer median and percentile. How signals work
2 more observations
- Net interest margin widening faster than peersEarnings
- Return on assets rising faster than peersEarnings
Key facts
- Education Credit Union is a state-chartered credit union headquartered in Amarillo, Texas. It reported $469 million in total assets for the quarter ended June 30, 2026.
- Shares and deposits totaled $404 million, up 0.6% from a year earlier, and loans totaled $382 million, down 1.0%.
- Its net interest margin on average assets was 5.28% and its annualized return on assets was 1.73% for the quarter.
- Its cost of all shares and deposits was 1.79%, compared with a median of 1.45% among 566 similar credit unions with $300 million to $1 billion in assets.
- It served 41,683 members, up 1.7% from a year earlier.
Scorecard against peers
Capitalization
Liquidity & funding
Margin & yield
Income & expense
Asset quality
Charge-offs & allowance
Arrows show whether the value sits above or below the peer median. Colour shows whether that side is favourable for the measure: green favourable, red unfavourable, grey where neither side is (for example, a lower loan-to-core-deposit ratio is favourable, so a negative gap is green). Peer medians cover the same source, form, period, institution type and asset band, and count this institution in its own cohort. The peer line on every chart reads the same cohort. Regulatory definitions differ from FORFI quarterly estimates.
Watch items
Screening prompts computed from this filing only. Thresholds follow common review conventions and interagency concentration references; they are not supervisory ratings or predictions.
Public filings show what changed. Internal data shows why.
With Education Credit Union's own data, FORFI would look at: Which relationships and products drive the change in earnings, and where pricing has drifted.
Analysis workspaces
Sources and identifiers
- Institution
- Education Credit Union · Credit union
- NCUA charter
- 67494
- Reporting period
- Peer group
- 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Education Credit Union itself is left out of every peer median and percentile.
Figures are FORFI calculations from public regulatory filings, shown as reported. Signals are descriptive screening rules, not supervisory ratings, credit opinions or forecasts. Methodology
Income & calculation basis
NCUA · 2026-04-01 through 2026-06-30 · Annualization factor 4.010989 applies to ROA and margin only.
| Measure | FORFI calculation |
|---|---|
| $2.03M | |
| $8.03M | |
| $1.82M | |
| $6.21M | |
| $3.8M | |
| $7.12M | |
| $858.55K | |
| $858.55K | |
| 1.73% | |
| 5.28% | |
| 71.14% |
How to interpret differences
Flows cover the selected income window. Balance-sheet amounts, members and staffing are as of the filing date.
Published FDIC references use the regulator's own averaging, annualization and adjustments; the convention selector changes FORFI calculations only. Source-provided averages are used when available; endpoint fallbacks are labeled estimates.
Missing inputs remain unavailable. Credit-union margins use average assets and are not comparable with bank margins over earning assets.
AFS + HTM securities exclude deposits at other institutions. Broader investment totals may overlap cash; do not add them to cash without reconciling components.
Regulatory source definitionsFiling imported 2026-09-16T13:43:41.229347+00:00. Separate reference provenance is included in the export.