Hughes Federal Credit Union is headquartered in Tucson and is the 6th largest credit union in the state of Arizona. It is also the 268th largest credit union in the nation. It was established in 1951 and as of June of 2019, it had grown to 253 employees and 129,368 members at 8 locations. Hughes Federal Credit Union's money market rates are 3X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Hughes Federal Credit Union is open to anyone by making a $10 donation to one of the following community Special Interest Groups: Friends of the Oro Valley Public Library, Friends of the Pima County Public Library, Friends of Green Valley Library, or Friends of Kirk-Bear Canyon Library. Membership is also open to those who live, work, worship, or attend school in Tucson, Arizona. Employees/retirees/students of more than 800 Sponsor Companies, including Hughes Aircraft, the State of Arizona, and the University of Arizona are also eligible to join. (Complete details listed on the first page of the online membership application.)
See current membership details
Related Posts
6/6 - Hughes Federal Credit Union 36-Month Jumbo CD Earns 3.10% APY
My Experience Was Five Star.
I opened two Roth IRAs in August and was so impressed with a technically advanced application process that I felt my investment would be secure at this Credit Union. The representative helping me saw that the my funds were transferred properly and in a timely manner, which is so important with IRAs. I experienced good communications by very friendly, knowledgeable and helpful people. I feel very fortunate that these CDs (great rates) became available when I had other CDs maturing.
Great Rates And Experience.
I opened several CD accounts at Hughes in August. (Regular, IRA, and Roth). If they continue their 3 year promotion I may open another.Their rates are excellent. I like that there's a representative assigned to me for personal contact by phone or e-mail and she usually gets back to me within a day with good communication to my many questions. I like their excellent health rating. Their website is good. When I couldn't find maturity dates.my representative let me know quickly. To add POD beneficiaries they mailed a form that I had to have notarized and mail back. I don't mind the added security. I'm guessing that they're fairly inundated with customers due to their promotion right now which is understandable. I find that if you're chasing the best rates in the country you have to be a little more patient due to that.
Horrible Customer Service
Called to open an account. Over 10 minutes on hold, got a third party vendor who knew nothing, said she could take a message for bank to call me back, then hung up on me when I tried to ask more questions.
Another Questionable Institution?
Happy to do the very first review. After collecting all my information during the application time they simply sent me a cold message (not even bothering calling) that they cannot open a savings account! How ridiculous and such a waste of time. Do not bother.
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7531 |
| Year Chartered | 1951 |
| Employees | 253 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.52% |
| Return on Equity - YTD | 5.07% |
| Annual Interest Income | $28.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $1.18B$1.15B |
| Loans | Q2 2019vs Q2 2018 | $1.02B$961.2MM |
| Deposits | Q2 2019vs Q2 2018 | $1.05B$1.02B |
| Equity Capital | Q2 2019vs Q2 2018 | $120.4MM$112.3MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $15.7MM$15.6MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $4.7MM$4.2MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$0 |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
Hughes Federal Credit Union Rates As High As 3.1% Apy
29 Mo. Certificate • $1,000 Min. Balance
2.84% APY*
29 Mo. Certificate (Mini-Jumbo) • $50,000 Min. Balance
2.94% APY*
29 Mo. Certificate (Jumbo) • $99,000 Min. Balance
2.89% APY*
36 Mo. Certificate • $1,000 Min. Balance
2.99% APY*
36 Mo. Certificate (Mini-Jumbo) • $50,000 Min. Balance
3.10% APY*
36 Mo. Certificate (Jumbo) • $99,000 Min. Balance
https://www.hughesfcu.org/products/detail/certificate-accounts
Always verify rates and promotions with the bank or credit union. We are not Hughes Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Hughes Federal Credit Union Savings Account Rates
Hughes Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.26% | $150k | - | Ultimate Yield Money Market | |
| 1.01% | $75k | - | Premium Yield Money Market | |
| 0.75% | $1k | - | High Yield Money Market |
Hughes Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | - | - | Checking PLUS | |
| 0.15% | - | - | Checking |
Hughes Federal Credit Union CD Rates
Hughes Federal Credit Union IRA Rates
| Hughes Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 951 E Hermans Rd | Tucson, AZ 85756-9000 |
| Branch Office | 8701 S Kolb Rd | Tucson, AZ 85756 |
| Branch Office | 971 W Wetmore Rd | Tucson, AZ 85705-1551 |
| Branch Office | 7970 N Thornydale Rd | Tucson, AZ 85741 |
| Branch Office | 3131 E Speedway Blvd | Tucson, AZ 85716 |
| Branch Office | 280 N Pantano Rd | Tucson, AZ 85710 |
| Branch Office | 7820 N. Cortaro Rd | Marana, AZ 85743 |
| Branch Office | 9036 S. Houghton Rd. | Tucson, AZ 85747 |