Tucson Federal Credit Union is headquartered in TUCSON and is the 11th largest credit union in the state of Arizona. It is also the 597th largest credit union in the nation. It was established in 1937 and as of December of 2020, it had grown to 137 employees and 67,671 members at 7 locations. Tucson Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, volunteer, or attend school in Pima County and their immediate families and household members.
See current membership details
Tucson Federal Credit Union - Wonderful Customer Service and Low Fees
My experience with Tucson Federal Credit Union has been nothing but positive. I have used them for a savings account and debit account for several years. Each time I call, I am able to reach an associate that is helpful and they do not push other services or accounts like other banks I have used in the past. I like that the minimum balance to open an account is only $25 dollars because it allows people to have debit accounts that ordinarily might not. When I lost my debit card last year, replacing it was super easy as all I had to do was call and freeze the current card and then they sent me a replacement that arrived that week. There are several locations around town so I have never had an issue withdrawing money from a Tucson Federal Credit Union ATM. I could not recommend TFCU enough.
TFCU is great to work with
I have banked with TFCU since I was about 8 years old. It used to be called teachers federal credit union. I have had 3+ CDs with TFCU and they are quite easy. They also have a hotline that you can call if you have issues with your bank and are out of town. One thing that I didn't like was that like 10 years ago they charged me inactivity fee. To get around this my mom deposits a small amount of money into my account each month. All and all they have been great to work with. Their website is easy to navigate and they have a money manager program that you can view your spending habits online. I would pick the same bank again.
Data as of Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 2157 |
| Year Chartered | 1937 |
| Employees | 137 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.87% |
| Return on Equity - YTD | 10.02% |
| Annual Interest Income | $22.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $569.2MM$469.5MM |
| Loans | Q4 2020vs Q4 2019 | $420.3MM$371.9MM |
| Deposits | Q4 2020vs Q4 2019 | $512.7MM$417.6MM |
| Equity Capital | Q4 2020vs Q4 2019 | $48.7MM$44.9MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $7.7MM$5.6MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $2.4MM$2.0MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $1.3MM$1.3MM |