President’s Report Winter 2019

We closed 2018 with a remarkable number of successes. It was a fantastic year, and I am grateful to our dedicated staff, our devoted partners, and most of all our amazing Members, without whom nothing would be possible.

We do not take your confidence in us lightly. We aim to do everything possible to enable our Members, as well as our broader community, to thrive according to the values of our founders when they established this cooperative 82 years ago. Thank you for your trust, and living those values with us. I am grateful for and applaud the collective effort that made these events possible:

• The Austin Business Journal designated UFCU as the #1 Mortgage Company and the #1 Credit Union in their Book of Lists for the third consecutive year.


• The Austin Business Journal also named Michael Crowl a “Best CFO of 2018” in the nonprofit business category. Michael has since been promoted from Senior Vice President Finance/CFO to Executive Vice President of Member Experience. We’re fortunate to operate under Michael’s vision, integrity, and leadership.


• Voters in the inaugural Austin American-Statesman Best of the Best Awards gave top honors to UFCU in three banking-related categories. More than 250,000 votes were cast to name us “Best Credit Union,” “Best Mortgage Lender,” and “Best Bank.” The irony of this last award is not lost on us. While we pride ourselves on being deeply rooted in credit union values, we’re nonetheless honored to win the banking category because it confirms we’re providing financial services in their purest form: People like to do their banking with us.

As 2019 begins, we remain committed to meeting your unique needs, whether it’s banking services, helping make your dream of homeownership a reality, or anything in between. Relationships are all there is, and the best part of UFCU is you.

Warmest regards,

Tony C Budet
President/CEO