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EECU Surpasses $1 Billion in Loans
Friday, March 22, 2013 5:45 AM

Fort Worth-based 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.”

The credit union offers new and used auto loans, recreational vehicle and boat loans, mortgages, home equity loans, personal loans and credit cards.  Currently, EECU has more than 167,000 members 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.