UNIVERSITY FEDERAL CREDIT UNION
About Us: Our History and Our Mission to Serve as a Trusted Financial Institution
It's Better Here
University Federal Credit Union is a values-based, full-service financial co‑operative serving the needs of more than 100,000 member-owners and their communities. Our mission is to create a positive impact on our community and to make a difference for every member, every day.
What Our Customers Say About UFCU
||“WOW! This branch is amazing...they greet me by name every time I visit the branch...That's old fashioned customer service!”
|“Great location and everyone is helpful and attentive.” - Charissa|
Life’s Better With a Utah Credit Union
- Member-owned - We’re owned by our members, so our only purpose is to serve you
- Local to Utah - We care about, serve in, and invest in our local community
- Loyal to You - The decisions we make are to serve you, our members, not a for-profit board
UFCU, Our History
In July of 1956, University Federal Credit Union was founded by a small group of professors at the University of Utah. Although the credit union was originally established to serve employees of the university, our community presence grew beyond the boundaries of campus. Soon after our founding date, our field of membership was expanded to include U alumni as well as U students. Since then, University Federal Credit Union has been steadily expanding field of membership in order to serve even more members of the Utah community.
In 2004, UFCU expanded to serve anyone who lives, works, goes to school, worships, or volunteers in Salt Lake County, along with the immediate family members of those who qualify. In 2020, our field of membership grew again to include Davis, Utah, Wasatch, Summit, and Tooele Counties (in addition to Salt Lake County). Today, UFCU serves more than 100,000 members.
Although we grow each year, we still honor our roots as a small, community-based credit union. To capture our gratitude to the community that shaped our growth, Dr. Roland Stucki, an original founding member of UFCU, once said, "no single person can take credit for organizing and developing the success of University Federal Credit Union. It was a team effort where different individuals made substantial but different contributions to its success."
Along with eleven others, Dr. Stucki signed our original charter and his sentiments are still reflected today in our mission to serve our employees, our members, and to continually improve the communities in which we all live. We work every day to prove to our community that, It's Better Here.
UFCU's Field of Membership
Membership at University Federal Credit Union is now open to anyone who lives, works, goes to school, worships, or volunteers in Salt Lake County, Utah County, Davis County, Wasatch County, Tooele County and Summit County. Membership is also open to immediate family members of those who qualify.
Charter and Insurance
The University Federal Credit Union is federally chartered and members' deposits are insured up to $250,000 per account by the National Credit Union Administration (NCUA), an independent federal agency that supervises and insures federal credit unions.
UFCU is also a great place to work with happy people and unmatched benefits. To learn more about career opportunities with our growing CU, visit our Careers page here.