Average User Rating:
4 star rating based on 1 review.

University Federal Credit Union

University Federal Credit Union Locations

PO Box 9350
Austin, TX 78766
(800) 252-8311
www.ufcu.org

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University Federal Credit Union is headquartered in AUSTIN and is the 9^th largest credit union in the state of Texas. It is also the 109^th largest credit union in the nation. It was established in 1936 and as of September of 2011, it had grown to 347 employees and 138,143 members. University Federal Credit Union's CD rates are 3X the national average, and it has a 4-star health rating.

University Federal Credit Union Routing Number: 314977405

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Top Long-Term CD and IRA CD Rates at University FCU in Texas - Easy Membership - Update - 11/14/2010

University Federal Credit Union continues to offer competitive long-term CDs and IRA CDs. The best CD rates are available for Web Certificates in which you open the CDs online. Minimum deposit is $2,5 ...

2010

8/16 - Top Long-Term CD and IRA CD Rates at University FCU in Texas - Easy Membership

2008

2/26 - EXPIRED: 4.60% 60-Month / 4.20% 12-Month CD at a Texas CU - Easy Membership (University).

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See Rates for: Checking | Savings | Money Market | CD | IRA

University Federal Credit Union Checking Account Rates

	Apy	Min	Max	Product
	2.50%	-	$500	Checking Teen
	0.10%	$10k	-	Checking Premium
	0.05%	-	-	Checking Plus
	0.00%	-	-	Checking Business

University Federal Credit Union Savings Account Rates

	Apy	Min	Max	Product
	0.50%	-	-	Variable Rate IRA
	0.50%	-	-	Variable Rate Roth IRA
	0.50%	-	-	Variable Rate CESA
	0.25%	$100	$2,500	Savings
	0.25%	-	-	Teen Savings
	0.25%	-	-	Kids Savings

University Federal Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.50%	$25k	-	Money Market Premium with Member Rewards
	0.40%	$2,500	-	Money Market Plus with Member Rewards
	0.20%	$25k	-	Money Market Premium
	0.10%	$2,500	-	Money Market Plus

University Federal Credit Union CD Rates

	Apy	Min	Max	Product
	2.50%	-	$20k	12 Month Early Saver CD
	1.60%	-	-	60 Month Web CD
	1.60%	-	-	60 Month Premium CD
	1.50%	-	-	60 Month Plus CD
	1.35%	-	-	48 Month Web CD
	1.35%	-	-	48 Month Premium CD
	1.25%	-	-	48 Month Plus CD
	1.25%	-	-	60 Month Regular CD
	1.10%	-	-	36 Month Web CD
	1.10%	-	-	36 Month Premium CD
	1.00%	-	-	36 Month Plus CD
	1.00%	-	-	48 Month Regular CD
	0.75%	-	-	36 Month Regular CD
	0.60%	-	-	24 Month Web CD
	0.60%	-	-	24 Month Premium CD
	0.50%	-	-	24 Month Plus CD
	0.40%	-	-	12 Month Web CD
	0.40%	-	-	12 Month Premium CD
	0.35%	-	-	24 Month Premium Step-Up CD
	0.30%	-	-	12 Month Plus CD
	0.25%	-	-	24 Month Plus Step Up CD
	0.25%	-	-	24 Month Regular CD
	0.20%	-	-	3 Month Web CD
	0.20%	-	-	6 Month Web CD
	0.20%	-	-	3 Month Premium CD
	0.20%	-	-	6 Month Premium CD
	0.10%	-	-	3 Month Plus CD
	0.10%	-	-	6 Month Plus CD
	0.05%	-	-	3 Month Regular CD
	0.05%	-	-	6 Month Regular CD
	0.05%	-	-	12 Month Regular CD
	0.05%	-	-	24 Month Regular Step Up CD

University Federal Credit Union IRA Rates

	Apy	Min	Max	Product
	1.60%	-	-	60 Month Premium IRA
	1.60%	-	-	60 Month Premium Roth IRA
	1.60%	-	-	60 Month Premium CESA
	1.50%	-	-	60 Month Plus IRA
	1.50%	-	-	60 Month Plus Roth IRA
	1.50%	-	-	60 Month Plus CESA
	1.35%	-	-	48 Month Premium IRA
	1.35%	-	-	48 Month Premium Roth IRA
	1.35%	-	-	48 Month Premium CESA
	1.25%	-	-	48 Month Plus IRA
	1.25%	-	-	60 Month Regular IRA
	1.25%	-	-	48 Month Plus Roth IRA
	1.25%	-	-	60 Month Regular Roth IRA
	1.25%	-	-	48 Month Plus CESA
	1.25%	-	-	60 Month Regular CESA
	1.10%	-	-	36 Month Premium IRA
	1.10%	-	-	36 Month Premium Roth IRA
	1.10%	-	-	36 Month Premium CESA
	1.00%	-	-	36 Month Plus IRA
	1.00%	-	-	48 Month Regular IRA
	1.00%	-	-	36 Month Plus Roth IRA
	1.00%	-	-	48 Month Regular Roth IRA
	1.00%	-	-	36 Month Plus CESA
	1.00%	-	-	48 Month Regular CESA
	0.75%	-	-	36 Month Regular IRA
	0.75%	-	-	36 Month Regular Roth IRA
	0.75%	-	-	36 Month Regular CESA
	0.60%	-	-	24 Month Premium IRA
	0.60%	-	-	24 Month Premium Roth IRA
	0.60%	-	-	24 Month Premium CESA
	0.50%	-	-	24 Month Plus IRA
	0.50%	-	-	24 Month Plus Roth IRA
	0.50%	-	-	24 Month Plus CESA
	0.40%	-	-	12 Month Premium IRA
	0.40%	-	-	12 Month Premium Roth IRA
	0.40%	-	-	12 Month Premium CESA
	0.35%	-	-	24 Month Step Up Premium IRA
	0.35%	-	-	24 Month Step Up Premium Roth IRA
	0.35%	-	-	24 Month Step Up Premium CESA
	0.30%	-	-	12 Month Plus IRA
	0.30%	-	-	12 Month Plus Roth IRA
	0.30%	-	-	12 Month Plus CESA
	0.25%	-	-	24 Month Step Up Plus
	0.25%	-	-	24 Month Regular IRA
	0.25%	-	-	24 Month Regular Roth IRA
	0.25%	-	-	24 Month Step Up Plus Roth IRA
	0.25%	-	-	24 Month Regular CESA
	0.25%	-	-	24 Month Step Up Plus CESA
	0.20%	-	-	6 Months Premium IRA
	0.20%	-	-	6 Months Premium Roth IRA
	0.20%	-	-	6 Months Premium CESA
	0.10%	-	-	6 Months Plus IRA
	0.10%	-	-	6 Months Plus Roth IRA
	0.10%	-	-	6 Months Plus CESA
	0.05%	-	-	6 Months Regular IRA
	0.05%	-	-	12 Month Regular IRA
	0.05%	-	-	24 Month Step Up Regular IRA
	0.05%	-	-	6 Months Regular Roth IRA
	0.05%	-	-	12 Month Regular Roth IRA
	0.05%	-	-	24 Month Step Up Regular Roth IRA
	0.05%	-	-	6 Months Regular CESA
	0.05%	-	-	12 Month Regular CESA
	0.05%	-	-	24 Month Step Up Regular CESA

Rates updated: 2/11/2012 * Not all products updated

Data for Q3 2011

Institution Statistics

UNIVERSITY
NCUA #	1367
BankRate Report	View
Year Established	1936
Employees	347
Primary Regulator
Assets and Liabilities
Assets	$1.40 billion
Loans	$796.03 million
Deposits	$1.28 billion
Equity Capital	$102.34 million
Loan Loss Allowance	$6.63 million
Unbacked Noncurrent Loans	$9.41 million
Real Estate Owned	$1.41 million
Historic Data - September 2010
Assets	$1.26 billion
Equity Capital	$95.19 million
Loan Loss Allowance	$7.27 million
Unbacked Noncurrent Loans	$4.78 million
Real Estate Owned	$561,000
Profit Margin - Quarterly
Net Interest Margin	3.96%
Return on Assets	0.57%
Return on Equity	7.8%
Interest Income	$42.64 million
Non-Interest Income	$21.24 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 University Federal Credit Union had $10.81 million in non-current loans and owned real-estate with $108.96 million in equity and loan loss allowances on hand to cover it. This gives University Federal Credit Union a Texas Ratio of 9.92% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for University Federal Credit Union held steady from 5.21% as of September 30, 2010 to 9.92% as of September 30, 2011, resulting in a negative change of 90.42%. This indicates that the balance sheet and financial strength for University Federal Credit Union has held steady in recent periods.
Deposit Growth
In the past year, University Federal Credit Union has increased its total deposits by $135.22 million, resulting in 11.81% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth University Federal Credit Union has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. University Federal Credit Union has $1.4 billion in assets with $108.96 million in equity, resulting in a capitalization level of 7.76%, which is below average.

Write Review

UFCU Is A Great Option If You're In Austin
4 stars

4 stars

- pfjoed - Monday, February 21, 2011 - 7:55 PM

I primarily used UFCU when I was a student at UT. They have plenty of ATMs and several branches down around the UT campus. In all of my dealings with UFCU, I've found their customer service to be excellent. I have maintained an account with them over the years because it's easy to do and if I ever need a loan, they'll be one of the first places I look.

Advantages:

Lots of ATMs near UT's campus
You can use the debit cards at other in-network credit union ATMs
UFCU is not a big, for-profit bank. They don't look to rip you off in the same way Chase or BoA would.
I'm told their loan terms are good, though I've never taken advantage of those myself.
Great customer service

Disadvantages:

Their ATM network--even when you include non-UCFU credit union ATMs--isn't huge

All in all, I like UFCU quite a bit.

4