Ohio University Credit Union

Membership is limited to those affiliated with Ohio State Univercity

In 1955, Dr. Harry Crewson, then professor of economics and later president of Ohio University, strongly believed that Ohio University employees needed a place where they could borrow and save at reasonable rates. "In Athens in 1955, there were at least a couple of Agencies on Court Street, which specialized in lending money at high rates of interest. Also, I was aware that some of the non-academic employees at OU were going to these agencies for loans. From the outset, I envisioned a University Credit Union primarily as an organization that would provide reasonable lending and saving facilities for non-academic University employees," stated Crewson in a 1997 letter to the credit union

Although faculty and administrative employees were initially reluctant to use the credit union, all groups eventually realized the need for credit union services and OUCU's popularity continued to grow. What began as one employee working just one or two hours a day has grown to 72 employees in facilities open five days a week with 24-hour a day, 7 days a week access through twelve ATM machines and account access by phone and via the Internet.

By the end of the first year of operation, the credit union had 112 members and $11,879.23 in assets. In December 2007, we reported over 22,000 members and $203 million in assets!