Image courtesy of EECU | Founded in 1934 by a group of Fresno teachers and administrators, EECU has grown from serving local educators to becoming the largest locally-based credit union in the San Joaquin Valley.

One of the Central Valley’s most popular credit unions, Educational Employees Credit Union (EECU), has reached a significant milestone – surpassing $5 billion in assets.

In a news release last Thursday, EECU said reaching $5 billion highlights “the credit union’s steady growth, financial strength, and unwavering commitment to its members and communities.”

EECU was founded in 1934 by a group of local teachers. Nearly a century later, EECU is the largest locally based credit union in the San Joaquin Valley. It serves over 389,000 members across 12 counties throughout the Central Valley and Central Coast.

“Surpassing $5 billion in assets is not just a number, it’s a reflection of the trust our members place in us and the dedication of our employees who serve them every day,” said Elizabeth J. Dooley, EECU president and CEO said in the news release. “Our members’ success is our success, and we are proud to continue building on more than 90 years of service to educators, families, and our broader community.”

EECU says its focus on financial wellness helps its nearly 400,000 members save millions of dollars every year. EECU also hosts hundreds of workshops every year.

Nearly 13% of its employees have been with the credit union for more than 25 years.

“This milestone is a celebration of the past and a foundation for the future,” Dooley said. “We look forward to continuing to provide affordable, accessible, and innovative financial services for generations to come.”