Utah Community Credit Union

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Utah Community Credit Union
TypeCredit union
IndustryFinancial services
Founded1959
HeadquartersProvo, Utah
United States
Key people
Bret Van Ausdal
ProductsSavings; checking; consumer loans; mortgages; credit cards; online banking
Total assets$1.7 billion (2020)
Number of employees
500
Websitewww.uccu.com

Utah Community Credit Union (UCCU) is a federally accredited credit union based in Provo, Utah. It is regulated under the authority of the National Credit Union Administration (NCUA).[1] UCCU was founded at Brigham Young University as the BYU Employees' Federal Credit Union. An official branch for the credit union opened in 1977 on Canyon Road in Provo. 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.[2] 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.[3] In 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.[4] In 2010, the company purchased the naming rights for then then-David O. Mckay Events Center in on the campus of Utah Valley University in Orem, Utah.[5] In 2018, Jeff Sermon retired as CEO after holding that position for 15 years. He was succeeded by Bret Van Ausdal.[6] In 2019, the company finalized purchase of a new corporate headquarters in the Riverwoods in Provo.[1][7][8] 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.[9]

References[]

  1. ^ a b Porter, Carley. "Wasatch Front housing prices drop, Colliers International finalizes two Provo transactions". Daily Herald. Retrieved 10 December 2019.
  2. ^ Staff, News. "Campus Credit Union expands its membership". BYU Universe. Retrieved 19 December 2019.
  3. ^ News, Deseret (7 November 2000). "Pleasant Grove credit union breaks ground for new site". Deseret News. Retrieved 16 April 2020.
  4. ^ News, Deseret (14 June 2008). "OneCard ID at new UVU". Deseret News. Retrieved 16 April 2020.
  5. ^ Meyers, Donald (30 August 2010). "Credit union buys naming rights to UVU events center". Salt Lake Tribune. Retrieved 16 April 2020.
  6. ^ News, Deseret (16 February 2018). "Utah Community Credit Union president to retire March 31". Deseret News. Retrieved 16 April 2020.
  7. ^ 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.
  8. ^ Release, Press (7 December 2017). "UVU unveils new naming rights agreement with UCCU for baseball stadium". UVU Review. Retrieved 24 December 2019.
  9. ^ 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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