Educational Systems FCU Announces Merger with Howard University Employees FCU

12/2/2024

Educational Systems Federal Credit Union is pleased to announce that Howard University Employees Federal Credit Union has joined them through a merger, effective November 30, 2024. This merger significantly expands the range of financial services available to employees, students, alumni and family members of Howard University as well as Howard University Hospital.

“Joining Educational Systems Federal Credit Union gives our members access to an expanded branch network and innovative financial services while continuing to receive the personalized care and support they value,” said Lincoln G. Brown Jr., Chair of the Board of Directors for Howard University Employees Federal Credit Union. “We are proud to merge with a credit union that shares our dedication to the Howard University community.”

To preserve its long-standing history, the Howard University credit union branch will be referred to as Howard University Federal Credit Union, a division of Educational Systems Federal Credit Union.

“We are excited to welcome Howard University Employees Federal Credit Union members to the Educational Systems Federal Credit Union family,” said Girado Smith, President and CEO of Educational Systems FCU. “We are committed to fostering financial well-being by providing competitive solutions, personalized services, and educational resources to the Howard University community.”

Members of Howard University Employees Federal Credit Union will receive detailed information regarding the integration of accounts, services and benefits available to them. For more information, please visit esfcu.org/HowardUniversity.

Educational Systems Federal Credit Union is a member-owned, not-for-profit financial cooperative, founded in 1955 to serve the education community. With $1.3 billion in assets, 14 branches and 95,000 members, the Credit Union strives to make financial wellness and stability accessible for all the communities they serve. Through the Support Education Foundation, the Credit Union provides student scholarships, professional development awards, and other programs to help the education community achieve excellence.