Eastman Credit Union

Eastman Credit Union
Company typeCredit union
IndustryFinancial services
FoundedSeptember 1934 (1934-09)
HeadquartersKingsport, Tennessee, U.S.
Number of locations
35 Branches, Service Centers, and Offices
Key people
Kelly Price, (CEO)
ProductsSavings; checking; consumer loans; mortgages; investments; online banking
Total assets$9.3 billion USD
Websiteecu.org

Eastman Credit Union

Eastman Credit Union (ECU) is a not-for-profit financial cooperative headquartered in Kingsport, Tennessee. Established in 1934, ECU has grown to serve over 348,000[1] members across Tennessee, Virginia, and Texas. ECU is ranked 34 on the list of the largest 100 credit unions in the United States.[2]

History

ECU was chartered on September 10, 1934, initially serving employees of the Tennessee Eastman Chemical Company. Operating from a makeshift office on the plant site, the credit union aimed to provide financial services to its members. ECU now operates 35 branches within its field of membership (FOM). In 2005, it expanded to a community charter, opening membership to the wider community. In 2024, ECU celebrated its 90th anniversary.

Awards

In 2024, ECU was designated as the "Nation's #1 Best-Performing Credit Union[3]" by S&P Global Market Intelligence.

References

  1. ^ "Credit Union Locator & Research a Credit Union | NCUA". mapping.ncua.gov. Retrieved 2025-05-02.
  2. ^ "Top 100 Largest Credit Unions by Asset Size, 2025". www.advratings.com. Retrieved 2025-05-02.
  3. ^ "S&P; Global Market Intelligence Ranks the Best-Performing U.S. Credit Unions, Community and Public Banks and Community Banks by Region for 2023 | S&P; Global Market Intelligence". www.spglobal.com. Archived from the original on 2025-02-06. Retrieved 2025-05-01.