UW Credit Union

University of Wisconsin Credit Union
Credit union
Industry Financial services
Founded 1931
Headquarters Madison, Wisconsin, USA
Key people
 Paul J. Kundert, President and Chief Executive Officer[1]
Products Savings; checking; consumer loans; mortgages; credit cards; investments; online banking
Total assets $2.2 billion USD[2]
Number of employees
 505[3]
Website uwcu.org

The University of Wisconsin Credit Union (doing business as UW Credit Union) is a credit union headquartered in Madison, Wisconsin.

As of August 2016, UW Credit Union has over 214,000 members with over $2 billion in assets and is the fourth largest credit union in the state of Wisconsin.[4] UW Credit Union currently operates 23 full-service branches in Madison, Milwaukee, Whitewater, Green Bay, Oshkosh, and Stevens Point, Wisconsin. It also provides more than 100 surcharge-free ATMs in Wisconsin.

UW Credit Union provides an array of financial services including educational loans, mortgages, consumer loans, checking, savings and investment products, credit and debit cards. UW Credit Union also provides the following electronic services: Web Branch (online banking), online bill payment, TouchTone Teller phone service, direct deposit, and ATMs.

History

Founded in 1931 by six University of Wisconsin–Madison professors in the basement of the UW Student Housing Bureau, it was originally known as the University Faculty Credit Union (UFCU). In 1970, the name was changed to the University of Wisconsin Credit Union.

Membership eligibility

Membership in the UW Credit Union is open to any of the students, faculty, staff, and alumni of the University of Wisconsin System, including all 26 campuses and the University of Wisconsin–Extension—as well as their immediate family and households. Likewise, Edgewood College students, faculty, staff, alumni are eligible to join. People who have worked for the Wisconsin Interscholastic Athletic Association, Covance Clinical Research Units, and members of the community that live, work or attend school within 5 miles (8 km) of a branch, are also welcome to be members.

References

  1. ↑ "UW Credit Union Governance". Retrieved December 31, 2009.
  2. ↑ "Statistics for Federally Insured Credit Unions". Retrieved May 7, 2009.
  3. ↑ "About UW Credit Union". Retrieved December 31, 2009.
  4. ↑ Gores, Paul (August 18, 2011). "New UW Credit Union branch will be built". Milwaukee Journal Sentinel. Retrieved December 31, 2011.
This article is issued from Wikipedia - version of the 9/8/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.