Name: University Federal Credit Union. Descripton:ABOUT USUniversity Federal Credit Union is a member-owned, full service financial institution with branches in Salt Lake and Davis counties. Originally established to serve the employees of the University of Utah, the Credit Union later added alumni and students to its field of membership. In 2004, UFCU expanded to serve anyone who lives, works, goes to school, worships, or volunteers in Salt Lake County, and relatives of those who qualify. Today, UFCU serves more than 80,000 members.Our HistoryUniversity Credit Union was started by a small group of professors to at the University of Utah in July 1956. Founding member Dr. Roland Stucki, Chairman of the Finance Department, said, "No single person can take credit for organizing and developing the successful University Credit Union. It was a team effort where different individuals made substantial but different contribution to its success." Dr. Stucki and eleven others signed the original charter.Field of MembershipOriginally established to serve the employees of the University of Utah, membership in University Credit Union is now open to anyone who lives, works, goes to school, worships, or volunteers in Salt Lake County. Membership is also open to relatives of those who qualify.Charter and InsuranceThe University Credit Union is federally chartered and members' deposits are insured up to $250,000 per account by the National Credit Union Administration (NCUA), an independent federal agency that supervises and insures federal credit unions.