Know A High School Senior Who Could Use $2000 For College
|Part of the Educators Credit Union mission is, of course, education! As part of ECUs dedication to that mission, they believe it is important to help students in their learning journeys through the ECU scholarship program.
This year, ECU is giving $70,000 in scholarship money to students heading off to college. Thirty-five current high school seniors will be selected to receive $2,000!
Scholarships are awarded to graduating seniors based on their academic record, participation in school and community activities, and their demonstration of one or more of Educators Core Values:
|Visit the ECU website for information on deadlines & eligibility.|
The Scheme Against Educators
According to the criminal complaint, a three-part fraud scheme was run against Educators Credit Union that involved the credit unions popular mobile check deposit feature and its Fast Cash benefit. The process involves first using an individuals login credentials for their Educators account to order checks on their account. An individual then deposits a check drawn on that account, via the mobile banking app, into a different persons account. As the Fast Cash feature makes a certain portion of the amount of the check available right away, that person would visit an ATM and withdraw the money. Participants were recruited through Snapchat and Facebook under the guise of making extra money.
Police say Educators Credit Union was defrauded of over $30,000 over the course of the operation, and Simpson was one of the individuals recruited through Snapchat to take part in the final leg of the scheme. On January 29, 2021, a fraudulent check in the amount of $2,250 was deposited into his account, and he withdrew $1,440 that same day.
Simpson was assigned a $1,000 cash bond and will next be in court on May 19 for his preliminary hearing.
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Public Transit To Educators Credit Union In Racine City
Wondering how to get to Educators Credit Union in Racine City, United States? Moovit helps you find the best way to get to Educators Credit Union with step-by-step directions from the nearest public transit station.
Moovit provides free maps and live directions to help you navigate through your city. View schedules, routes, timetables, and find out how long does it take to get to Educators Credit Union in real time.
Looking for the nearest stop or station to Educators Credit Union? Check out this list of stops closest to your destination: Golf Avenue And Goold Street Rapids Drive And Anthony Lane.
You can get to Educators Credit Union by Bus. These are the lines and routes that have stops nearby -Bus: ROUTE 3
Want to see if theres another route that gets you there at an earlier time? Moovit helps you find alternative routes or times. Get directions from and directions to Educators Credit Union easily from the Moovit App or Website.
We make riding to Educators Credit Union easy, which is why over 930 million users, including users in Racine City, trust Moovit as the best app for public transit. You dont need to download an individual bus app or train app, Moovit is your all-in-one transit app that helps you find the best bus time or train time available.
For information on prices of Bus, costs and ride fares to Educators Credit Union, please check the Moovit app.
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Educators Credit Union Of Rapids
- “… any place I’ z ve ever banked!”
- Heather Scheels-SanbornFebruary 4, 2018I LOVE this bank. It is by far the best bank I have ever used. I got my car loan switched from a loan company to Educators and they saved me about $100 per month.
- Heather McEwenMarch 13, 2013Been here 5+ times
- Heather FloresMarch 25, 2014Been here 50+ timesThis place is the slowest of all ECU locations. First window in drive thru is never open and they have one teller. I dread coming to this location.
- Robert McQueenOctober 19, 2011Been here 5+ timesIts the only Educators with an ATM that gives you $5 dollar bills
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Rapids Drive Racine Wi 53404
Educators is a not-for-profit financial institution. Our staff provides first-class service when helping members use our full menu of services, including business services, mobile check deposits, vehicle loans, mortgages and much more.
Membership at Educators is open to anyone who works or lives in our 11-county service area including Dane, Green, Jefferson, Kenosha, Milwaukee, Ozaukee, Racine, Rock, Walworth, Washington and Waukesha County.
Pleasant Prairie Branch
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W. Center Street Branch
New Berlin Branch
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Rapids Drive Branch
South Milwaukee Branch
Sturtevant/Hwy 20 Branch
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Man Accused Of Scheme To Defraud Educators Credit Union Defrauding It Out Of Thousands
- Journal Times staff
MOUNT PLEASANT A Milwaukee man has been accused of organizing a scheme to defraud Educators Credit Union, allegedly defrauding ECU out of thousands of dollars.
Omar L. Ward, 25, was charged with 11 felony counts of uttering a forgery, four felony counts of fraud against financial institution between $500-$10,000 and a felony count of organizer of financial crimes.
According to a criminal complaint:
On Aug. 24, a detective was assigned to investigate several ECU accounts which had fraudulent transactions. The transactions would use the mobile banking app and then were followed by immediate ATM withdrawals. The criminal scheme used is called “card cracking” where a scammer will post an ad to social media asking people with active bank accounts to contact them to earn money. The account holders give the scammer their login information and the debit card and PIN for the account.
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The scammer then creates a fraudulent check for the account holder to deposit through the mobile banking app and withdraw money through an ATM as soon as the money becomes available in the account. The scammer then instructs the account holder to report the card as lost or stolen once they are done with the fraudulent activity on the account. They often tell the account holder that they will not be responsible for the financial loss.
Surveillance video from one of the incidents showed a man making withdrawals from an account and a car driven by an unknown woman that transported him after he finished.
A detective began searching Facebook and Instagram to identify additional suspects and was able to identify Ward as the primary person involved. In some of his social media photos, he is seen standing over a line of bank cards including at least one ECU card. He posts pictures of cash and asks that people who are trying to make money using a bank account contact him. He was observed consistently recruiting people with bank accounts to participate in the fraudulent scheme and offers to split the “profit” evenly with the account holder.
Between January and February 2021, ECU was allegedly defrauded out of $7,242.99 by Ward through this scheme.
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A Short History Of Educators Cu
Since its inception in 1937 the Educators Credit Union has been serving its members in the RACINE, Wisconsin area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Linda Hoover, the Educators CU has grown its membership to over 153,479 with assets of more than $1,775,821,183. They have a main office and 22 branch offices. Please see the credit unions website or contact them by phone at 886-5900 or email them at firstname.lastname@example.org to get exact details . There are many other credit unions in the local area. See them all here. .
Educators Credit Union Q& a
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