University of Wisconsin Credit Union
Encyclopedia
The University of Wisconsin Credit Union (doing business as UW Credit Union) is a credit union
headquartered in Madison, Wisconsin
.
As of January 2011, UW Credit Union has over 150,000 members with over $1 billion in assets and is the second largest credit union in the state of Wisconsin
. UW Credit Union currently operates 19 branches in Madison, Milwaukee, Whitewater
, Green Bay
, Oshkosh
, 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 card
s. UW Credit Union also provides the following electronic services, Web Branch (online banking
), online bill payment, TouchTone
Teller phone service, direct deposit, and ATMs.
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.
, 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 5 miles (8 km) of a branch, are also welcome to be members.
where it plans to build a 5400 ft2 branch. It has agreed to buy a building formerly occupied by Amcore Bank at 2365 Mayfair Road in Wauwatosa
, near Milwaukee and plans to open a branch in the building in Spring 2010. The purchase does not include customer accounts.
Credit union
A credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members...
headquartered in Madison, Wisconsin
Madison, Wisconsin
Madison is the capital of the U.S. state of Wisconsin and the county seat of Dane County. It is also home to the University of Wisconsin–Madison....
.
As of January 2011, UW Credit Union has over 150,000 members with over $1 billion in assets and is the second largest credit union in the state of Wisconsin
Wisconsin
Wisconsin is a U.S. state located in the north-central United States and is part of the Midwest. It is bordered by Minnesota to the west, Iowa to the southwest, Illinois to the south, Lake Michigan to the east, Michigan to the northeast, and Lake Superior to the north. Wisconsin's capital is...
. UW Credit Union currently operates 19 branches in Madison, Milwaukee, Whitewater
Whitewater, Wisconsin
Whitewater is a city in Jefferson and Walworth Counties in the U.S. state of Wisconsin. Located near the southern portion of the Kettle Moraine State Forest, Whitewater is the home of the University of Wisconsin–Whitewater.-Geography:...
, Green Bay
Green Bay, Wisconsin
Green Bay is a city in and the county seat of Brown County in the U.S. state of Wisconsin, located at the head of Green Bay, a sub-basin of Lake Michigan, at the mouth of the Fox River. It has an elevation of above sea level and is located north of Milwaukee. As of the 2010 United States Census,...
, Oshkosh
Oshkosh, Wisconsin
As of the census of 2000, there were 62,916 people, 24,082 households, and 13,654 families residing in the city. The population density was 2,662.2 people per square mile . There were 25,420 housing units at an average density of 1,075.6 per square mile...
, and Stevens Point
Stevens Point, Wisconsin
Stevens Point is the county seat of Portage County, Wisconsin, United States. Located in the central part of the state, it is the largest city in the county, with a population of 24,551 at the 2000 census...
, Wisconsin.
UW Credit Union provides an array of financial services including educational loans, mortgages, consumer loans, checking, savings and investment products, credit and debit card
Debit card
A debit card is a plastic card that provides the cardholder electronic access to his or her bank account/s at a financial institution...
s. UW Credit Union also provides the following electronic services, Web Branch (online banking
Online banking
Online banking allows customers to conduct financial transactions on a secure website operated by their retail or virtual bank, credit union or building society.-Features:...
), online bill payment, TouchTone
Dual-tone multi-frequency
Dual-tone multi-frequency signaling is used for telecommunication signaling over analog telephone lines in the voice-frequency band between telephone handsets and other communications devices and the switching center. The version of DTMF that is used in push-button telephones for tone dialing is...
Teller phone service, direct deposit, and ATMs.
History
Founded in 1931 by six University of Wisconsin–MadisonUniversity of Wisconsin–Madison
The University of Wisconsin–Madison is a public research university located in Madison, Wisconsin, United States. Founded in 1848, UW–Madison is the flagship campus of the University of Wisconsin System. It became a land-grant institution in 1866...
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 eligibility
Membership in the UW Credit Union is open to any of the students, faculty, staff, and alumni of the University of Wisconsin SystemUniversity of Wisconsin System
The University of Wisconsin System is a university system of public universities in the state of Wisconsin. It is one of the largest public higher education systems in the country, enrolling more than 182,000 students each year and employing more than 32,000 faculty and staff statewide...
, including all 26 campuses and the University of Wisconsin–Extension—as well as their immediate family and households. Likewise, Edgewood College
Edgewood College
Edgewood College is a Dominican Catholic liberal arts college in Madison, Wisconsin, in the Diocese of Madison. Overlooking the shores of Lake Wingra, it occupies on Madison's near west side....
students, faculty, staff, alumni are eligible to join. People who have worked for the Wisconsin Interscholastic Athletic Association
Wisconsin Interscholastic Athletic Association
The Wisconsin Interscholastic Athletic Association is the regulatory body for all high school sports in Wisconsin. Its history dates to 1895, making it the first high school athletic organization in the country...
, Covance Clinical Research
Clinical trial
Clinical trials are a set of procedures in medical research and drug development that are conducted to allow safety and efficacy data to be collected for health interventions...
Units, and members of the community that live, work or attend school within 5 miles (8 km) of a branch, are also welcome to be members.
Expansion
In 2009, the UW Credit Union acquired land in FitchburgFitchburg, Wisconsin
Fitchburg is a city in Dane County, Wisconsin, United States. The population was 25,260 at the 2010 census. Fitchburg is a suburb of Madison and is part of the Madison Metropolitan Statistical Area.-History:...
where it plans to build a 5400 ft2 branch. It has agreed to buy a building formerly occupied by Amcore Bank at 2365 Mayfair Road in Wauwatosa
Wauwatosa, Wisconsin
Wauwatosa is a city in Milwaukee County, Wisconsin, United States, and was incorporated on May 27, 1897. As of the 2006 census estimate, the city's population was 44,798. Wauwatosa is located immediately west of Milwaukee, Wisconsin, and is a part of the Milwaukee metropolitan area...
, near Milwaukee and plans to open a branch in the building in Spring 2010. The purchase does not include customer accounts.