UW Credit Union
 | |
| Company type | Credit union |
|---|---|
| Industry | Financial services |
| Founded | 1931 |
| Headquarters | Madison, Wisconsin, USA |
Key people | Paul J. Kundert, President and Chief Executive Officer |
| Products | Savings; checking; consumer loans; mortgages; credit cards; investments; online banking |
| Total assets | $5.60 billion USD |
Number of employees | More than 900 |
| Website | uwcu.org |
The University of Wisconsin Credit Union, operating under the name UW Credit Union, is a credit union headquartered in Madison, Wisconsin. By the end of the fourth quarter of 2024, it supports a membership exceeding 366,000 individuals and manages assets totaling $5.6 billion, making it the fourth largest credit union within Wisconsin. UW Credit Union maintains 31 fully operational branches situated throughout the Madison and Milwaukee metro regions, as well as near University of Wisconsin System campuses located in Whitewater, Green Bay, La Crosse, Oshkosh, and Stevens Point. Members have access to over 100 surcharge-free ATMs statewide.
The credit union delivers an extensive selection of financial services including consumer loans, educational financing, mortgages, checking and savings accounts, investment options, credit and debit cards. Its digital platforms encompass Web Branch online banking, a Mobile App with Wallet functionality, Zelle payment integration, mobile check deposit, electronic bill payment, automated telephone banking, and funds transfer capabilities.
History
Established in 1931 by seven faculty members and graduate students affiliated with the University of Wisconsin–Madison, the organization was initially known as University Faculty Credit Union. In 1970, it adopted the name University of Wisconsin Credit Union to better represent its growing membership.
Membership eligibility
Membership at UW Credit Union is available to students, faculty, staff, and alumni associated with the University of Wisconsin System, which includes all 26 campuses plus the University of Wisconsin–Extension. Eligibility also extends to immediate family members and households of these groups. Additionally, individuals affiliated with Edgewood College and Madison College may join. Current and former employees of UW Health, the Wisconsin Interscholastic Athletic Association, Covance Clinical Research Units, along with residents living, working, or studying within proximity of a branch location are also qualified for membership.
Furthermore, any Wisconsin resident who is or has been enrolled at an accredited higher education institution anywhere in the United States qualifies for membership.