We Focus on People Not Profits

A Member-Owned, Not-for-Profit Cooperative

At UFCU, we strongly believe in fair and honest products and outstanding member service. We work to assist you with your financial education, and we listen to your suggestions for how we can improve. And by keeping our member-elected Board of Directors local, we have the advantage of first-hand knowledge of local markets and member needs.

We credit these values with making us Austin’s largest locally owned financial institution, with a full-service financial institution in Galveston.

Learn more about the UFCU story

Why Choose a Credit Union?

Credit unions are unique in the financial world.

  • Owned and directed by their members, not corporate stakeholders
  • Regulated by federal and state law
  • Backed by National Credit Union Administration (NCUA) fund insurance
  • Led by member-elected, volunteer boards of directors

A credit union is more than just a bank—it’s a partnership designed to offer you a safe place to save and borrow at reasonable rates. You have an equal vote in electing its leaders, and you benefit equally from the success of the business.

Credit unions have 100+ years of history in the U.S., and today more than 6,700 credit unions nationwide boast a combined $1.6 trillion in assets and 94.6 million members. The credit union motto is “Not for profit, not for charity, but for service,” and you’ll find it reflected every day at University Federal Credit Union.

Learn more about why your funds are safe at UFCU