Utah Community Credit Union (UCCU)
TypeCredit union
IndustryFinancial services
Founded1959 (1959)
Headquarters
Provo, Utah
,
United States
Key people
Bret VanAusdal (CEO)
ProductsSavings; checking; consumer loans; mortgages; credit cards; online banking
Total assets$2.75 billion (2023)
Number of employees
500 (2022)
Websitewww.uccu.com

Utah Community Credit Union (UCCU) is an American federally accredited credit union based in Provo, Utah. It is regulated under the authority of the National Credit Union Administration (NCUA).[1]

History

UCCU was founded at Brigham Young University (BYU) as the BYU Employees' Federal Credit Union in 1959.

In 1977 the company moved off campus to a location on Canyon Road in Provo, and changed its name to Universal Campus Credit Union.[2]

In 2000, the company had total assets of $270 million. It changed its name to the current name of Utah Community Credit Union in 2000 to reflect its growing membership beyond that of Brigham Young University.[3] Similarly, the field of membership expanded in 2000 to include anyone who lives, works, or attends school in Utah County. That year the credit union opened its seventh branch in Pleasant Grove, Utah.[4]

2008, UCCU announced a deal with Utah Valley University which allowed students and faculty to use their student ID card as a debit card through UCCU.[5] In 2010, the company purchased the naming rights for then-David O. Mckay Events Center in on the campus of Utah Valley University in Orem, Utah.[6]

In 2018, Jeff Sermon retired as CEO after holding that position for 15 years. He was succeeded by Bret Van Ausdal.[7] In 2019, the company finalized purchase of a new corporate headquarters in the Riverwoods in Provo.[1][8][9] In 2021, in connection with the state of Utah, UCCU became the first financial institution in the state to accept a mobile driver's license as a valid form of ID.[10]

References

  1. 1 2 Porter, Carley. "Wasatch Front housing prices drop, Colliers International finalizes two Provo transactions". Daily Herald. Retrieved 10 December 2019.
  2. ↑ "Campus Credit Union expands its membership". BYU Universe. Retrieved 19 December 2019.
  3. ↑ "Campus Credit Union expands its membership". BYU Universe. Retrieved 19 December 2019.
  4. ↑ "Pleasant Grove credit union breaks ground for new site". Deseret News. 7 November 2000. Retrieved 16 April 2020.
  5. ↑ "OneCard ID at new UVU". Deseret News. 14 June 2008. Retrieved 16 April 2020.
  6. ↑ Meyers, Donald (30 August 2010). "Credit union buys naming rights to UVU events center". Salt Lake Tribune. Retrieved 16 April 2020.
  7. ↑ "Utah Community Credit Union president to retire March 31". Deseret News. 16 February 2018. Retrieved 16 April 2020.
  8. ↑ Porter, Carley (25 September 2019). "Adobe releases its 'Digital Academy Playbook,' UCCU purchases new corporate headquarters, Salt Lake Chamber has annual trip to D.C." Daily Herald. Retrieved 23 December 2019.
  9. ↑ "UVU unveils new naming rights agreement with UCCU for baseball stadium". UVU Review (Press release). 7 December 2017. Retrieved 24 December 2019.
  10. ↑ Bink, Abby (23 Jun 2021). "Utah credit union first to accept virtual driver's license". ABC4.com. ABC4. Retrieved 11 January 2022.
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