News Releases
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July 26, 2023
UFCU Ranks as Austin’s No. 1 Credit Union — for Eight Straight Years!
AUSTIN, Texas, July 27, 2023 — For the eighth year in a row, the Austin Business Journal has ranked UFCU as Austin’s no. 1 credit union. UFCU, Austin’s largest locally owned financial institution, surpassed other credit unions in the number of Austin-area members and deposits.
The rankings are based on March 31, 2023 data provided by the National Credit Union Administration (NCUA). In addition to leading all area credit unions in local deposits and local members, UFCU’s annualized member growth was one of the highest of all Central Texas credit unions.
“We are honored to be chosen as a financial partner by more people in Austin and Central Texas than any other credit union,” said UFCU CEO Michael Crowl. “We are a member-focused cooperative and put their needs at the center of everything we do. That philosophy sets us apart and, I believe, is what propelled us — and has kept us — at the top of this list.”
About UFCU
As a member-owned, not-for-profit financial cooperative, UFCU is passionate about helping people improve their lives to create a financially healthy community. With more than 366,000 members in Central Texas and Galveston County and total assets under management of $4.6 billion, UFCU offers a variety of products, services, and education programs to empower members in achieving financial health.