About Us

Helping Members Achieve Their Financial Goals Since 1956

1st University Credit Union began in 1956 when a group of Baylor University employees, including the president, founded Baylor Employees Credit Union. With a charter from the Texas Credit Union Department, they set out to serve Baylor employees, students, alumni, and their families. Today, as 1st University Credit Union, we remain committed to empowering our members with modern financial solutions while staying true to our founding mission of service and community support.

Now, we are known as 1st University Credit Union, as a nod to our roots, and while we continue to serve the Baylor community, we also serve the communities in the Greater Waco area, all of McLennan County, and the counties of Bosque and Erath.

The products and services we offer are geared to “helping you do life.” Wherever life takes you, we’re here to help. From everyday banking to life’s biggest milestones, our financial solutions are designed to support your goals. Whether you're saving for the future, buying a home, or handling the unexpected, we offer the tools, guidance, and personalized service to help you move forward with confidence. Because at 1st University, we believe in making life easier, every step of the way.

Checking | Auto Loans | Mortgages and Home Equity | Student Loans | CDs | Money Market | Credit Card | Personal (Signature) Loan | Recreation Loans | Remote Banking | CO-OP Network

A Credit Union Built for You

As a not-for-profit financial cooperative, 1st University Credit Union is owned and operated by its members—you. When you join, you become a shareholder in a unique financial institution that prioritizes people over profits. Instead of paying dividends to stockholders, we return earnings to our members through lower loan rates, competitive savings dividends, and personalized service. Our sole purpose is to serve you and support your financial well-being.

Vision Statement

Deliver a lifetime of trusted, caring, and personal financial services to an inclusive community.

Mission Statement 

Equip our members with safe, secure, and convenient financial services that empower them to reach their financial goals.

Annual Report

As a member-owned financial cooperative, 1st University Credit Union provides a statement of our financial condition, income, reserves and retained earnings for the year.

2024 Annual Report

2023 Annual Report

2022 Annual Report

2021 Annual Report

We would like to remind you that our online banking services, mobile app, and Call Center (254-752-2797) are available 24/7, allowing you to manage your finances from the comfort of your home or office. We thank you for your membership.

Member Notices

The Texas Administrative Code, Title 7, Part 6, Chapter 91, Subchapter C, Rule 91.315 Members' Access to Credit Union Documents, provides the membership access to certain credit union documents. The purpose of this policy is to ensure that 1st University Credit Union complies with that rule.

DOCUMENTS AVAILABLE TO MEMBERS

Upon request, a member is entitled to review or receive a copy of the following documents:

• Balance sheet and income statement (the non-confidential pages of the latest call report may be provided to meet this requirement)

• Summary of the most recent annual audit

• Written board policy regarding access to the articles of incorporation, bylaws, rules, guidelines, board policies, and copies thereof

• Internal Revenue Service Form 990

INSPECTION PROCEDURES

The individual requesting access to credit union documents must be a member of the credit union. The member must provide a written request, stating which documents are requested. The credit union shall respond within 14 days and keep copies of all requests and documents for record keeping purposes.

Member inspection rights under this section are in addition to any other member inspection rights afforded by the credit union's charter or bylaws or other state and federal laws or regulations.

CONFIDENTIAL BOOKS, RECORDS, AND MINUTES

Members do not have the right to inspect any portion of the books, records, or minutes of a state chartered credit union if:

State and/or Federal law or regulation prohibits disclosure of that portion. The publication of that portion could cause the credit union predictable or substantial financial harm.

That portion containing nonpublic personal information, as defined in the Gramm Leach Bliley Privacy Act and NCUA Regulation 716.3 (dealing with member privacy and the disclosure of information) would constitute a clearly unwarranted invasion of personal privacy of employees or officials.

COSTS

The credit union may charge members the direct and reasonable costs associated with search and duplication. The credit union will not charge for other costs, including indirect costs or attorney's fees.

Complaint Notice

If you have a problem with the services provided by this credit union, please contact us:

1st University Credit Union
24 La Salle Ave Unit C
Waco, TX 76706
(254) 752-2797

The credit union is incorporated under the laws of the State of Texas and under state law is subject to regulatory oversight by the Texas Credit Union Department. If any dispute is not resolved to your satisfaction, you may also contact the Texas Credit Union Department at 914 East Anderson Lane, Austin, Texas 78752-1699, Telephone Number: (512) 837-9236, Website: www.cud.texas.gov.

complaints@cud.texas.gov
Fax: (512) 832-0278