UAW International Union

What UAW International Union does

International UAW Federal Credit Union is a not-for-profit, member-owned financial cooperative headquartered at 8000 E Jefferson Avenue, Detroit, Michigan, founded in 1950 to serve International UAW representatives, their staff, and family members. Its field of membership is narrowly defined by federal credit union charter, and the institution enforces a "once a member, always a member" retention policy that persists across employment changes, retirement, and relocation. The credit union is governed by an all-volunteer board of directors (President John T. Rucker, Vice President Diana Chavez, Secretary Sandra Davis, Treasurer George Hardy, Director Terriea Alessandrini) along with credit and supervisory committees.

The credit union operates a full-service retail banking product set: share accounts, share draft checking, money market, certificates, IRAs, and Christmas Club on the deposit side; vehicle loans (including 84-month terms with rate matching), home equity loans up to 80% of appraised value, VISA Classic and Gold credit cards, signature loans, boat and recreational vehicle loans, and pledge loans on the lending side. The technology stack is entirely third-party: Fiserv's NetBranch platform powers online banking, bill pay, and e-statements; Unity-Line provides 24-hour telephone banking; CO-OP shared branching extends physical access nationwide; LendKey powers student loan origination; MMS Mortgage Services supplies first-mortgage and refinancing products; and TruStage distributes insurance. The credit union migrated its online banking platform in April 2024 and is adding two-factor authentication in 2026.

The business model is cooperative rather than profit-maximizing: revenue is generated from net interest income on the loan portfolio, investment income on the deposit-funded investment portfolio, interchange and card fees, and a defined schedule of service charges (wire fees, NSF, overdraft, stop payment). Per the most recent Statement of Condition (January 2019), total assets stood at $24.4M, member loans at $7.6M, investments at $11.3M, total equity at $22.2M, and total liabilities at $603K. Pricing is tiered by Experian credit score (A/B/C/D tiers) across all loan products. The credit union does not advertise and relies on UAW network referrals, family member extensions, and word-of-mouth for member acquisition.

Name

UAW International Union

Legal name

International UAW Federal Credit Union

Website

https://iuawfcu.org

Company type

Private

Founded year

1950

Operating status

Operating

Short description

International UAW Federal Credit Union is a not-for-profit, member-owned federal credit union founded in 1950, serving International UAW representatives, their staff, and families with deposits, consumer loans, credit cards, and partner-distributed mortgages, student loans, and insurance from a Detroit headquarters.

Ownership category

akta.pro rank

Product category

Credit Union Consumer Banking

NAICS

Credit Unions (522130)

SIC

National Commercial Banks (6021)

akta.pro industry

PRIMARYFSABAEAB

Employer/Occupational Credit Unions

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Community & Cooperative Banking (Credit Unions, Mutuals)

Keywords

• Credit union services
• Consumer banking products
• Vehicle loan financing
• Member savings accounts
• Mortgage lending services

Headquarters

HQ city

Warren

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Loan Interest Income: Primary revenue stream from vehicle loans, home equity loans, VISA credit cards, signature loans, recreational vehicle loans, boat loans, and mortgage products. Interest rates vary by credit rating (A, B, C, D tiers) and loan type.
2. Membership Share Account Fees: Members maintain minimum $5 share accounts. The par value of a share is $5.00. New account fee of $0.25 applies to all newly opened accounts.
3. Service and Transaction Fees: Various fees including wire fees ($25 domestic, $35 foreign), ATM fees, NSF fees ($25), overdraft fees ($25), stop payment fees ($25-$50), and other account service charges.
4. Investment Income: Investment portfolio generating returns on deposits. As of January 2019, investments totaled $11,256,950.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

International UAW Federal Credit Union is a not-for-profit, member-owned financial cooperative providing deposit accounts (share, share draft chequing, money market, certificate, IRA, Christmas Club), lending products (new and used vehicle loans, home equity loans, VISA Classic and Gold credit cards, signature personal loans, boat loans, recreational vehicle loans, and pledge loans), and partner-distributed mortgages and student loans to International UAW representatives, their staff, and family members. Members access services through a Detroit headquarters branch, the CO-OP shared branch/ATM network, NetBranch online and mobile banking, the Unity-Line 24-hour telephone banking system, direct deposit, and payroll deduction.

Product overview

International UAW Federal Credit Union is a not-for-profit financial cooperative offering a comprehensive suite of banking products and services. The core offering includes share accounts, checking, money market, certificate, IRA, and Christmas Club savings accounts. Lending products span vehicle loans, home equity, VISA credit cards (Classic and Gold), signature loans, boat and recreational vehicle loans, pledge loans, and mortgages. Digital banking services include NetBranch online banking, mobile banking, Unity-Line telephone banking, bill pay, and e-statements. The credit union also provides student loans through LendKey partnership and mortgages through MMS Mortgage Services, plus TruStage insurance products—all accessed through CO-OP shared branching network for nationwide access.

Differentiator

Problem solved

Functional benefit

Products and services

• Share Account
• Share Draft Chequing Account
• Money Market Account
• Certificate Accounts (CDs)
• Individual Retirement Account (IRA)
• Christmas Club Account
• Vehicle Loans
• Home Equity Loans
• VISA Credit Cards
• Signature Loans
• Boat Loans
• Recreational Vehicle Loans
• Pledge Loans
• Mortgage Services (via MMS Mortgage Services)
• Student Loans (via LendKey)
• MasterMoney Debit Card
• ATM Card
• Online Banking (NetBranch)
• Mobile Banking
• Unity-Line Telephone Banking
• Bill Pay
• E-Statements
• Direct Deposit
• Payroll Deduction
• Overdraft Protection
• TruStage Insurance Program

Quantifiable outcome

• No annual fee on VISA credit cards
• +3 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• LendKeycoreTechnology or IntegrationPartnership with LendKey provides digital, cloud-based lending platform for education loan origination. The credit union offers in-school student loans and student loan refinancing through this platform with no application or origination fees. Benefits include discount for automatic ACH payments and co-signer release after 12 months.
• MMS Mortgage Services Ltd.coreChannel Partner/ Reseller/ DistributorPartnership with MMS Mortgage Services Ltd. provides mortgage products for members ranging from first-time home buyers to refinancing existing mortgages. Available via phone (800-945-4506) or www.membermortgage.com. NMLS#: 1066878.
• TruStage Insurance ProgramminorStrategic or Co-development PartnerPartnership with TruStage Insurance Program offers Auto, Home, Life, and Accidental Death Insurance to credit union members at discounted rates. Provides online services and 24/7 claims service through carefully selected insurance partners.
• CO-OP Financial ServicescoreChannel Partner/ Reseller/ DistributorCO-OP shared branch network provides members access to thousands of branch locations and ATMs nationwide. The credit union participates in the CO-OP shared branch locator program for branch and ATM finder services.
• Fiserv (NetBranch)coreTechnology or IntegrationFiserv provides the NetBranch online banking platform powering the credit union's digital banking services including online banking, bill pay, and e-statements. URL: netbranch.app.fiserv.com/iuawfcu
• CUNAminorOthersCUNA (Credit Union National Association) is referenced as a credit union industry organization providing resources and support.
• NCUAcoreOthersNational Credit Union Administration is the independent federal agency that insures credit union deposits up to $100,000 and provides regulatory oversight.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Connexus Credit Union: Federal credit union with broad occupational/association membership and a strong digital banking platform. Comparable as a federally chartered, member-owned CU leveraging partner stacks and CO-OP-style shared access for nationwide reach.
• Alliant Credit Union: Federally chartered, member-owned credit union serving multiple employee groups and associations. Comparable as a federal CU with a partner-driven digital stack and broad product menu including student loans via LendKey — a direct partner overlap.
• SchoolsFirst Federal Credit Union: Occupational federal credit union serving school employees and their families. Closely comparable in single-occupation charter, member-owned cooperative structure, and full-service deposit/loan offering.
• Boeing Employees Credit Union (BECU): Occupational/employer-based federal credit union serving Boeing employees and their families. Directly comparable to IUAWFCU as a single-employer/union-affiliated cooperative with shared branching, member ownership, and similar deposit/loan product menus.
• Digital Federal Credit Union (DCU): Federal credit union serving employees of participating companies and associations. Comparable cooperative model with CO-OP shared branching, full retail banking, and similar small-balance, member-focused deposit products.
• First Tech Federal Credit Union: Occupational/employer-affiliated federal credit union serving technology industry employees. Comparable as an occupational-charter CU leveraging CO-OP shared branching and partner-built product stacks (mortgages, investments).

Regional players

• Genisys Credit Union: Michigan-headquartered community credit union with similar retail deposit and lending products. Comparable in Michigan footprint and cooperative model, but with broader community charter rather than a single-occupation focus.

Emerging players

• Self-Help Federal Credit Union: Community development federal credit union serving underserved members. Comparable federal charter and member-owned cooperative structure, with a more mission-driven lending focus but overlapping deposit and small-loan products.

Broad incumbents

• Michigan State University Federal Credit Union (MSUFCU): Large Michigan-based federal credit union originally serving the MSU community. Comparable occupational charter structure, Michigan footprint, and full-service retail banking model, but at materially greater scale.
• Lake Michigan Credit Union (LMCU): One of the largest credit unions in Michigan offering a similar retail product set (savings, vehicle loans, mortgages, credit cards). Shares the Michigan geographic focus and member-cooperative model but operates at vastly larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about UAW International Union