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Presidents Message / Fee Schedule Information / News Releases / Annual Reports

For 2019 and 2020, Utilities Employees Credit Union has been ranked in the top 200 credit unions in the United States.

DepositAccount.com has ranked UECU as one of the healthiest credit unions in America for 2019 and 2020. Out of 5,335 credit unions in the country, UECU is in the top 200. DepositAccounts.com evaluates the financial health of over 10,000 banks and credit unions in the United States once per quarter and has been tracking healthy institutions since 2010. To determine bank ranking and recognition, DepositAccounts.com grades each institution on a number of factors, including capitalization, deposit growth and loan-to-reserve ratios.

(Source: https://www.prnewswire.com/news-releases/depositaccountscom-announces-annual-top-200-healthiest-banks-and-credit-unions-in-america-301041183.html)

For 30 years, Utilities Employees Credit Union has consistently received the 5-Star “Superior” Rating from BauerFinancial, Inc., an independent firm that analyzes banks and credit unions. To achieve this status, every quarter in which it has been ranked, Utilities Employees Credit Union has been assessed as having the highest ranking level in capital adequacy, asset quality and stability.

BauerFinancial, Inc. recommends those credit unions rated either 5-Star or 4-Star on a zero-to-five-star scale. These credit unions are deemed safe, financially sound credit unions that are operating well above their regulatory requirements. Bauer classifies each ranked U.S. credit union through a complex formula based on factors including capital, historical performance trends, loan delinquencies and charge-offs, investment portfolio quality, capital reserves, regulatory compliance, and total asset quality. The BauerFinancial, Inc. Star Ratings Scale uses five levels for credit union ranking: Superior (5 Stars), Excellent, Adequate, Problematic, and Troubled (1 Star). Information about Bauer Financial and its standards for evaluating financial institutions is available on their website at www.bauerfinancial.com.


Utilities Employees Credit Union holds a Superior Rating from IDC Financial Publishing, Inc., an independent firm that provides key performance measurement data for government-reporting financial institutions across the country. IDC Financial Publishing, Inc. calculates a one-number quality rank for each institution along with over 35 key financial ratios. There are six categories: Superior (200-300), Excellent (165-199), Average (125-164), Below Average (75-124), and Lowest Ratios (2-74) and Rank One. The analysis is based on the financial information each institution reports to the Federal Government.

Credit unions rated Superior are classified as the best in all measures. On average, they have the strongest capital ratios, the best asset quality, and are the most profitable. Many of these institutions demonstrate an ability to generate a core return on net worth (ROE) above cost of net worth (COE). For more information about IDC Financial Publishing, Inc. please visit their website at www.idcfp.com.


Press Releases and Announcements

Notice of the Annual Meeting

The Annual Membership Meeting will be held at 8:30 am on Thursday, March 25, 2021, at the Utilities Employees Credit Union office, 11 Meridian Boulevard, Wyomissing, PA. The meeting will be held in-person, as well as via conference call. Dial-in instructions will be posted on the UECU website in early March. The meeting agenda will include the election of Directors and reports by the Board of Directors, the President, and Committees. Nominations for Director vacancies will be submitted by the Nominating Committee. Nominations may also be made by petition signed by 1% of the members and may be submitted to the Secretary at the Credit Union no later than February 12, 2021. Please contact Bret Krevolin, Secretary, for details on the nominating petition process. Nominations from the floor are not permitted by the bylaws.

Message from the President

Looking Ahead

Now that 2020 is behind us, hopefully, we can all breathe a little sigh of relief. To say that it was a challenging year is a profound understate­ment. Most of us were faced with issues we could never have even dreamt about, but we persevered. I am so grateful to our staff who have been there to support our members through life-changing experiences like job loss and financial uncertainty. And I so admire our members for pushing forward and not giving up when times got tough, really tough. I hope the COVID-19 Relief Options that we’ve created have helped reduce some of the financial strain you and your family may have experienced in 2020 or may be facing in the year ahead.

As we look to the future, it’s a great time for all of us to reflect on what we’ve overcome, how the challenges we’ve experienced have given us the strength to move forward. The New Year brings new opportunities and possibilities. Please take some time to think about your goals and what you want to accomplish in 2021. Whether your New Year’s resolutions include spending more time with family, advancing your education, getting your finances back on track, creating an emergency fund, buying a home, or even cleaning out your closets, setting a goal is the first step. If you need help with determining how you will reach your financial goals, our staff is here for you. Our Financial Service Consultants can explain the benefits of UECU’s borrowing options, and our Member Services Representatives can help you set up a savings strategy for the New Year. Please don’t hesitate to reach out; we’re only a phone call away.

From our family to yours, we wish you a happy, safe, and healthy 2021.


Bret Krevolin

Fee Schedule Information

Effective August 1, 2020 – Changes are shaded.
Rewards Checking (free checking) – no minimum daily balance requirement or monthly fees.
Rewards Checking PLUS (interest checking) – A $500 minimum daily balance is required to avoid a monthly fee of $10. Minimum balance fee will be waived if a total of $500 in electronic deposits is made to your Rewards Checking PLUS during the month.
Green Light Checking™ (second chance checking) – A $12 monthly service fee. No minimum balance requirement.
Advantages Money Market Savings™ (high-yield savings) – A $2,500 minimum daily balance is required to avoid a monthly fee of $10.
Deposited Item Returned Unpaid (check, ACH)$15.00
Non-Sufficient Funds (NSF)
(check, debit item, ACH or other electronic debit)
(per presentment)
Advantages Overdraft Defense™
(check, debit item, ACH or other electronic debit)
(per presentment)
Overdraft Transfer
(per day used from Savings, PLOC, Visa®)
ACH Exception
(Item posted with exception due to incorrect account information. Fee charged for each occurrence after 30 days from date of notification)
Replacement Copy of Statement (per copy)$5.00
Stop Payment*
(check, ACH, withdrawal check, loan check, Treasurer’s Check)
Replacement Withdrawal Check$15.00
Copy of Member Check (mailed to member)
Please Note: Members enrolled in Advantages Online™ have unlimited access to check copies via online and mobile banking.
per check
Temporary Checks (set of 4)$2.00
Check Printing Charges$ Depends on Quantity/Style
Treasurer’s Check$5.00
Copy of Withdrawal Check or Treasurer’s Check$10.00
Dormant Account**$15.00 per quarter
Unclaimed Funds
(Statement undeliverable during consecutive 12-month period — member is responsible for updating address with credit union OR a closed account check not cashed within six months.)
Direct IRA Transfer$35.00
Account Balance/Deposit Written Verification$5.00 (per item)
Incoming Wire Transfer Service
(UECU may deduct additional processing fees charged by intermediary financial institutions. To avoid additional fees, contact the Credit Union at 800.288.6423 or click here for wire instructions.)
$5.00 (per transfer)
*A stop may only be placed on a Treasurer’s Check if lost or stolen. **No member-generated activity in last 12 months and aggregate deposit account balance is less than $1000, unless under age 25 or member has an active Loan, IRA or Certificate of Deposit, or if member lives in an active household.
Loan-Related Fees will be assessed at time of service and may be financed.
Payoff Request (faxed or mailed)$30.00
Returned Loan or Visa Convenience Check$25.00
Loan or Visa Payment Returned Unpaid
(check, ACH)
Loan Disbursement by Wire Transfer$20.00 per transfer
Telephone (TEL) Loan Payment
First two payments are free. Fee will be assessed for each payment over two unless, you have written authorization on file.
(Offered on eligible loans. Skip-A-Pay requests must be submitted to the Credit Union seven days prior to payment date. To set up a Skip-A-Pay, click here.)
per Skip-A-Pay
Satisfaction of Mortgage Fee when refinancing HE Term Loan or HELOC with another lender$35.00
Loan Modification                                                                          Fees may apply, contact the Credit Union for details.
Replacement Card Fee (per card)$5.00
Expedited Card Delivery$30.00
Copy of Card Sales Draft$12.00
Notice: A charge may be imposed on debit card transactions by a.) the automated teller machine (ATM) operator, if the member initiates a transaction from an ATM that is not operated by the institution issuing the card and b.) by any national, regional or local network used to complete the transaction.
Account Forfeiture Fee
Account closed within 45 days due to incomplete member documentation or no member transactions within six months.
$5.00 plus dividends paid and accrued
Unlocated Member (bad address)$10.00
Levy, Attachment, Garnishment, Writ, or other legal process$75.00
Research Fee (1 hour minimum)$25.00 per hour
Duplicate Tax Form$5.00
EXPEDITED MAIL SERVICE (where available^):
Monday through Friday 2nd-day delivery$27.00
Monday through Friday Standard Overnight$35.00
Monday through Friday Priority Overnight$40.00
Saturday Delivery Priority Overnight$45.00

^Additional fees  will apply for delivery outside the contiguous United States. Fees will be deducted from the member’s account at the time of service. Additional fees could be charged if you utilize services not listed on this website.

Annual Reports