Hughes Federal Credit Union


Overview / Commentary
520-794-8341
971 W Wetmore Rd
Tucson, AZ 85705-1551

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

Hughes Federal Credit Union Rates As High As 3.1% Apy - 8/20/2019

2.74% 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

Hughes Federal Credit Union 36-Month Jumbo CD Earns 3.10% APY - 6/6/2019

Hughes Federal Credit Union (easy membership) has raised the rates on its 36-month CDs: Jumbo 3.10% APY ($99k); Mini-Jumbo 2.99% APY ($50k); and CD 2.89% APY ($1k).

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Reviews (4)

My Experience Was Five Star.

Posted by: JonC | Sep 11, 2019

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.

Posted by: murr9506 | Sep 11, 2019

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

Posted by: foo | Sep 10, 2019

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?

Posted by: chris100 | Sep 10, 2019

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.



Health

Health Grade Components

Overall
NCUA #7531
Year Chartered1951
Employees253
Primary Regulator
Profit Margin
Return on Assets - YTD0.52%
Return on Equity - YTD5.07%
Annual Interest Income$28.6MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$1.18B$1.15B
LoansQ2 2019vs Q2 2018$1.02B$961.2MM
DepositsQ2 2019vs Q2 2018$1.05B$1.02B
Equity CapitalQ2 2019vs Q2 2018$120.4MM$112.3MM
Loan Loss AllowanceQ2 2019vs Q2 2018$15.7MM$15.6MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$4.7MM$4.2MM
Real Estate OwnedQ2 2019vs Q2 2018$0$0
  User-submitted Promotions & Notices

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

Maxmycat   |  
2.74% 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

Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.01%$100-Traditional IRA
1.01%$100-SEP IRA
1.01%$100-ROTH IRA
0.50%--Health Savings Account Checking
0.25%$50-Main Share
0.25%--Holiday Club
0.25%--Daily Savings
0.25%--You Name It

Hughes Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Checking PLUS
0.15%--Checking

Hughes Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.10%$99k-36 Month Jumbo CD
2.99%$50k-36 Month Mini-Jumbo CD
2.94%$99k-29 Month Jumbo CD
2.89%$1k-36 Month CD
2.84%$50k-29 Month Mini-Jumbo CD
2.74%$1k-29 Month CD
2.53%$99k-24 Month Jumbo CD
2.43%$50k-24 Month Mini-Jumbo CD
2.33%$1k-24 Month CD
1.56%$99k-12 Month Jumbo CD
1.46%$50k-12 Month Mini-Jumbo CD
1.36%$1k-12 Month CD
1.36%$100-36 Month Youth CD
1.31%$99k-6 Month Jumbo CD
1.26%$100-24 Month Youth CD
1.21%$50k-6 Month Mini-Jumbo CD
1.11%$1k-6 Month CD
0.90%$100-12 Month Youth CD
0.80%$100-6 Month Youth CD

Hughes Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.20%$99k-36 Month Jumbo IRA
3.15%$50k-36 Month Mini-Jumbo IRA
3.10%$1k-36 Month IRA
2.63%$99k-24 Month Jumbo IRA
2.58%$50k-24 Month Mini-Jumbo IRA
2.53%$1k-24 Month IRA
1.56%$99k-12 Month Jumbo IRA
1.51%$50k-12 Month Mini-Jumbo IRA
1.46%$1k-12 Month IRA
Locations


Hughes Federal Credit Union Locations
Branch Office951 E Hermans RdTucson, AZ 85756-9000
Branch Office8701 S Kolb RdTucson, AZ 85756
Branch Office971 W Wetmore RdTucson, AZ 85705-1551
Branch Office7970 N Thornydale RdTucson, AZ 85741
Branch Office3131 E Speedway BlvdTucson, AZ 85716
Branch Office280 N Pantano RdTucson, AZ 85710
Branch Office7820 N. Cortaro RdMarana, AZ 85743
Branch Office9036 S. Houghton Rd.Tucson, AZ 85747

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