The University of Wisconsin Credit Union (doing business as UW Credit Union) is a credit union headquartered in Madison, Wisconsin, USA.
As of March 2008, UW Credit Union has over 115,000 members with over $1 billion in assets and is the second largest credit union in the state of Wisconsin. The credit union currently operates 13 branches in Madison, Milwaukee, Whitewater, Green Bay, and Stevens Point, 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.
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 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 of a branch, are also welcome to be members.