Membership Drive – April 1 through July 2, 2021

Refer a new member during these dates and both you and your referral will get $10 deposited directly into your account once the new account has been completed. Make sure your referred member tells the staff who referred them for you both to get the benefit. The referred person must be eligible to join the credit union for you to receive the $10. Who is eligible? All full time and part time, current and retired employees of HCPSS, MSEA and HC Head Start, current High School Students in HCPSS, employees of Cole’s Bus Service, employees of Glenelg Country School, and employees of Salazar Services. And don’t forget that once you are a member, your immediate family members can also join. That includes spouse, parent, children, siblings (in-law, step and half), grandparents, grandchildren and any person who shares a household under co-habitation arrangements.

Deferred Payment Auto Loan Program

Buy a New or Used Vehicle up to $30,000 (including taxes, tags & title) and defer your first payment for 3 months.  This is a limited time program.  All qualifying requirements still apply.  Includes both monthly or bi-weekly payment options.

Join our Bee APPy Club!

Upload our Mobile Banking Bee APPy APP today.  Go to Google Play and search for Howard County Education FCU or the APPLE Store and search for HCEFCU.  You must have an active Online Access account to us the APP.  If you need assistance just give us a call and we can walk you through the process.

New Term Share Certificate Offering  effective February 1, 2021

Account Type Dividend Rate Minimum Initial Deposit
6 month certificate 0.075% apy $1000
1 year certificate 0.100% apy $1000
2 year certificate 0.150% apy $1000
3 year certificate 0.200% apy $1000
Penalty will apply for early withdrawal. APY = Annual Percentage Yield Rates subject to change without notice. Please call Credit Union for current rates.


Up to $10,000 at a rate of 10.99% APR for a payment period of 48 months. Must have an Equifax credit score of 680+ to qualify.

New Beginnings Auto Loan available

Up to $16,500 at a rate of 14.99%  APR for a payment period of 48 months. No down payment. Restrictions apply: member must have at least 6 months good payment history with a New Beginnings Personal Loan or be a HCE Credit Union member in good standing. Payments must be made through payroll deductions or ACH. Vehicle must be 2015 models or newer. No down payment required.

Equal Housing Opportunity

Home Mortgages Available Through Howard County Education FCU

Great Rates!  We offer 30 Year Terms! 80% LTV (Loan Amt to Value of Property) Professional Local Service A Variety of Loans to Suit Your Needs Call Freedmont Mortgage Funding, Inc. Our Mortgage Partner 888-955-8508 and ask for Jay Delmont (NMLS# 144185) or send an email to Make sure that you mention that you are a Howard County Education Federal Credit Union member.