At University, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to provide a strong foundation for your financial needs, ensuring that your trust in us is well placed. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov, based on the latest results. With a
net worth of $372,973,611, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our
net worth ratio of $925 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through
$492,140,513 in share certificates and
$641,307,695 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at
$17,930,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With
$363,477,269 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to supporting our members is further reflected by our capacity to lend; with
$54,041 in used auto loans and
$3,073,049,909 in total loans and leases, we provide the necessary financial support for various goals. Even though our
net income currently stands at
$0, this reflects our commitment to investing back into the credit union for your benefit rather than focusing solely on profit. We also take pride in having
758 full-time employees and
12 part-time employees. This dedicated team ensures our branches are always ready to serve you with knowledge and commitment. Our overall stability is highlighted by having total share accounts of
706,304, showcasing a growing member base that trusts us with their finances. Net Shares available for lending and investments stand at
$0, enhancing our ability to support your financial needs effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, University is your trusted partner. Visit us at 3305 Steck Ave Austin Tx 78757 or call (512) 467-8080 to learn more about how we can help you achieve your financial goals.
