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Eastman Credit Union

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Eastman Credit Union
Company typeCredit union
IndustryFinancial services
FoundedSeptember 1934; 90 years ago (1934-09)
HeadquartersKingsport, Tennessee, U.S.
Key people
Olan O. Jones, (CEO)
ProductsSavings; checking; consumer loans; mortgages; investments; online banking
Total assets$4.9B USD
Websiteecu.org

Eastman Credit Union (ECU) is a credit union headquartered in Kingsport, Tennessee that is insured by the National Credit Union Administration. It was founded in 1934, originally to serve employees of the Tennessee Eastman Chemical Company.

In 2005, it expanded to a community charter, opening membership to the wider community.[1]

The current CEO is Olan O. Jones.

ECU has 237,330 members and $4,932,854,200 in assets.[2] It is the largest credit union in the state of Tennessee by asset size.[3]

Membership is open to residents in the following counties:

In Virginia: Lee, Scott, Wise, Washington, Dickenson, and Russell.

In Tennessee: Sevier, Greene, Washington, Hawkins, Hancock, and Sullivan.

In Texas: Gregg and Harrison.[4]

Additionally, membership is open to employees of companies that have partnered with ECU and their immediate families. The largest of these companies are Eastman Chemical Company and Food City.[5]

References

  1. ^ Sharon Hayes (October 9, 2009). "Eastman Credit Union celebrates 75th anniversary". Times-News. Retrieved June 27, 2018.
  2. ^ Results Retrieved January 12, 2020.
  3. ^ Dave Flessner (June 15, 2015). "Credit unions grow in size and services, shrink in number". Chattanooga Times Free Press. Retrieved June 27, 2018.
  4. ^ East Credit Union Retrieved June 27, 2018.
  5. ^ Sponsor and Contractor Companies of Eastman Credit Union Retrieved June 27, 2018.