What does University Credit Union do?

University Credit Union (UCU) is a federally insured financial cooperative established in 1951 at the University of California, Los Angeles (UCLA). It serves the financial needs of the university community, including faculty, staff, students, alumni, and their families. UCU is member-owned and operates as a not-for-profit organization, focusing on providing competitive rates and lower fees. UCU offers a wide range of financial products, including high-yield savings accounts, checking accounts, personal loans, auto loans, mortgages, and student loans. It also provides business services tailored for university-affiliated organizations, along with credit cards and investment products. UCU emphasizes financial wellness through educational resources and professional advice, ensuring members have access to the tools they need for sound financial planning. With over 53,000 members and more than $1 billion in assets, UCU is committed to empowering its community with personalized service and financial education.