Since 1934, Utilities Employees Credit Union (UECU) has been providing exclusive financial benefits to America’s utility and energy employees and their families. A full-service, virtual credit union, UECU’s goal is to help workers and Pennsylvania residents improve their financial well-being, accumulate wealth, and conveniently manage their finances with 24/7 account access and free financial tools – from wherever they reside today or travel in the future.
How does UECU offer its membership exclusive benefits?
The answer is UECU’s unique business model as a virtual credit union that operates as a financial co-operative. Unlike banks, UECU has no shareholders and is instead owned by its members – so every UECU decision is made with the best interest of the membership in mind. UECU serves a nationwide membership without branches on every corner because we don’t expect you to come to us. We deliver account access to you wherever you are through convenient digital banking services and friendly & knowledgeable employees. While other financial institutions spend money on their branches, UECU chooses to return these funds to our members.
UECU members enjoy the cooperative edge of belonging to a 5-Star Credit Union experience open to individuals residing in the state of Pennsylvania and workers and families within the utility, energy, and related industry sectors throughout the United States. The more UECU members use their credit union for all their financial needs, the greater the profits returned to the membership. Its cooperative, cost-efficient business model has helped UECU maintain its strong fiscal position among the fewer than six percent of U.S. credit unions that consistently receive a “Superior” rating by Best of Bauer for over 30 years.