Baylor Alumni
1st University Credit Union
Where Baylor Alumni Have Banked Since 1956
In 1956, the president of Baylor University wrote a letter to the Texas Credit Union Department requesting a charter for a credit union. Once granted, our founding members — Baylor Alumni, Employees, Students, and their families — created the financial cooperative we now call 1st University Credit Union. Their vision was to come together to help each other reach life’s goals. Today, we continue to affirm this mission by delivering financial solutions to those same groups — Baylor Alumni, Faculty, Staff, Students, and their Families — with exceptional service to our members.
Who Qualifies For Baylor Alumni Status?
Baylor Alumni includes anyone who has taken at least one course in one semester at some point in the past. It also includes Baylor Alumni by Choice; members of this association are friends of Baylor University but are not traditional Baylor alumni. Which means, you don’t need to have graduated from Baylor to take advantage of the checking and savings accounts, and loans that are offered here at 1st University Credit Union.
MAKE YOUR MEMBERSHIP COUNT
The best part about what we offer as a credit union comes from the fact that we are a not-for-profit financial cooperative. Sure, 1st UCU offers the same products as banks, but unlike banks we don’t have any outside owners or shareholders. Instead, our members are our owners. Just like when the credit union was formed by Baylor Alumni, Staff, Faculty, and Students, members pool their money by making deposits into their savings, checking, money market, and/or certificate accounts. That money is then loaned to members so they can purchase the things they need and want, like automobiles, homes, boats and RVs, education, and more.
But because we don’t have outside owners pressuring us to make more and more profits like banks do, we can set our rates (dividends on deposits and interest on loans) and fees to the benefit of our members while maintaining the financial security of the credit union. That means our profits are reinvested in you, giving you more for your money in the form of better rates, better services, and your ability to achieve your goals sooner.
COME JOIN THE 1ST UNIVERSITY CU FAMILY
You can become a member of 1st University Credit Union by opening and depositing $5.00 or more into a share savings account. $5.00 is the minimum balance that you must maintain in your account while it is open. Once your share account is open, you are eligible for all other credit union services.
Membership is open to anyone. Typically, our current members include:
People who live, work, or worship in the Waco, Texas area
Baylor Alumni, Students, Employees, and members of the Baylor Air Force ROTC
Aramark Employees
People who work or reside in Baylor-owned properties
Relatives of current 1st UCU members
Baylor Alumni by Choice - members of this association are friends of BU, but not traditional alumni
A 1st University Credit Union membership is for life, no matter if there is a change in employment, family relationship, or place of residence.
Ready to get started? Click on the button to open your account online, visit your local branch, give us a call, or request to talk to a representative who can help answer your questions!
VISIT US
Campus Branch
24 La Salle Ave Unit C
Waco, TX 76706
PHONE NUMBERS
Phone: (254) 752-2797
Fax: (254) 752-0552
Lost or Stolen Debit/ATM Card: (254) 752-2797
EMAIL ADDRESS
Please do not put any confidential information (account number, social security number, etc.) in your email.
OFFICE HOURS
Monday-Friday: 9:00 a.m. to 5:30 p.m.
CO-OP SHARED BRANCHING
Locate a shared branch or ATM at www.sbonthego.com
MAILING ADDRESS
One Bear Place, 97102
Waco, TX 76798