News Releases
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July 24, 2024
UFCU Ranked #1 Among Austin-Based Credit Unions by Austin Business Journal for Ninth Consecutive Year
UFCU is the number one credit union in the Austin-MSA, ranking first in number of Members, branches, and Austin-area deposits.
AUSTIN, Texas, July 24, 2024 — For the ninth year in a row, the Austin Business Journal recognized UFCU as the #1 credit union. With over $3 billion in Austin-area deposits last year, UFCU continues to surpass other credit unions in deposits, Members, and branches.
UFCU serves a growing membership of nearly 385,000 and has recently expanded its reach with new Austin-area branches in Georgetown and Cedar Park. The credit union is set to further its expansion with a second location in Pflugerville and a new branch on the Texas State University campus in San Marcos, complementing its position as the official Credit Union of Texas State Football.
“We are honored that more people in the Austin area trust us with their finances than any other credit union,” UFCU CEO and President Michael Crowl. “It is a testament to the exceptional service our 750 employees provide to our Members each and every day. I am proud of them and the positive impact we have in the Austin area and throughout Texas. We extend our thanks to the Austin Business Journal for this recognition.”
UFCU’s digital solutions and branch network in the Austin area are complemented by the credit union’s strong relationships with Austin-based universities like The University of Texas at Austin™ and Austin Community College, as well as over 200 organizations like Goodwill Industries and the Greater Austin YMCA. These relationships serve as a foundation for UFCU’s continued dedication to excellent service to its Members. UFCU also recently announced its expansion into the Houston-MSA through its partnership with UTHealth Houston to further meet its Members where they are.
The Austin Business Journal determined its rankings using membership and financial data from the National Credit Union Administration (NCUA) as of March 31, 2024.
About UFCU
As a Member-owned, not-for-profit financial cooperative, UFCU is passionate about helping Members improve their lives. With more than 384,000 Members and $4 billion in total assets, UFCU offers a variety of products, services, and education programs to empower Members in achieving financial success. Learn more about UFCU at UFCU.org, Facebook, X, and Instagram.
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For more information, contact Brad Russell at [email protected].