Credit Union One of Oklahoma

What Credit Union One of Oklahoma does

Credit Union One of Oklahoma is a state-chartered, member-owned cooperative credit union founded in 1949 and headquartered in Oklahoma City, Oklahoma. It serves individual consumers and households across Oklahoma with a full suite of retail banking products: share savings accounts, share certificates, club savings, IRAs, free/rewards/investor checking accounts, minor accounts (SmartSaver and SavvySpender), consumer loans (auto, secured, personal, specialty), VISA Platinum and Secured VISA credit cards, and mortgage products (home equity, 1st mortgage, home improvement, rental/vacation property). Niche offerings include a Storm Shelter Loan priced at 1.99% APR and a Home Equity Loan with no closing costs starting at 6.49% APR. Digital banking is delivered through the third-party Banno online and mobile platform, while physical distribution relies on branches throughout Oklahoma, the TransFund ATM network, and the Co-op Shared Branching network providing access to over 5,000 partner credit union locations nationally.

The business model follows the standard mutual credit union revenue mechanics: net interest income from the spread between loan yields (auto as low as 3.24% APR, home equity from 6.49%, credit cards from 9.99% APR) and dividend rates paid on deposits (up to 5.00% APY on Investor Checking), supplemented by account maintenance, transaction, and loan-related fees. Distribution is direct-to-consumer through branches, the Banno digital channel, online loan applications, and shared branching, with cross-sell partnerships for insurance (truSTAGE) and member rewards (Love My Credit Union). The institution is federally insured by NCUA, holds NMLS ID 812426 for mortgage operations, and carries Equal Housing Lender designation. There is no disclosed headcount beyond a reported 7 employees, no publicly disclosed revenue or asset figures, no external funding (consistent with the cooperative structure), and no M&A activity or expansion beyond Oklahoma and shared branching partnerships.

Name

Credit Union One of Oklahoma

Legal name

Credit Union One of Oklahoma

Website

https://creditunionone.org

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Credit Union One of Oklahoma is a member-owned, NCUA-insured cooperative credit union founded in 1949 in Oklahoma City, serving Oklahoma consumers with deposit accounts, consumer and mortgage loans, and credit cards via branches, Banno digital banking, and the Co-op Shared Branching network.

Ownership category

akta.pro rank

Product category

Retail Banking / Consumer Credit Union Services

NAICS

Credit Unions (52213)

SIC

Personal Credit Institutions (6141), State Commercial Banks (6022)

akta.pro industry

PRIMARYFSABAEAA

Community Credit Unions (Retail/Consumer Focus)

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

SECONDARYFSAKAAAL

Bank & Credit Union Personal Loans (Unsecured Installment)

Financial & Insurance/Lending & Consumer Finance/Personal Loans (Unsecured Installment)

Keywords

• Consumer banking services
• Credit union lending
• Savings and deposits
• Mortgage and auto loans
• Community financial cooperative

Headquarters

HQ city

Oklahoma

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, Infrastructure, Marketing or Sales

Revenue model

1. Interest Income: Traditional credit union revenue from interest rate spreads on loans (auto, mortgage, home equity, personal, credit cards) versus interest paid on deposits
2. Fee Income: Various fee-based services including account maintenance, transaction fees, and loan-related fees as outlined in their fee schedule

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Credit Union One of Oklahoma is a member-owned cooperative financial institution that provides consumer banking products and services to its members. Its core offerings include deposit accounts (share savings, certificates, checking, IRAs), consumer loans (auto, personal, secured, and a unique Storm Shelter Loan), VISA credit cards, and mortgage products (home equity, 1st mortgage, home improvement, rental/vacation). These are delivered through a main office in Oklahoma City, shared branching, and a Banno-powered digital banking platform.

Product overview

Credit Union One of Oklahoma offers a comprehensive suite of financial products and services as a single-platform credit union. The core offerings include savings accounts (Share Savings, Certificates, Club Savings, IRAs), checking accounts (Free, Rewards, Investor with stock rewards up to 5.00% APY), minor accounts (SmartSaver/SavvySpender), and consumer loans (Auto, Personal, Secured). Credit products include VISA Platinum and Secured credit cards with rates from 9.99% APR. Mortgage offerings span Home Equity (from 6.49% APR), 1st Mortgages, Home Improvement, and Rental/Vacation Property loans, plus a Storm Shelter Loan (from 1.99% APR). Digital banking is delivered through Banno-powered online and mobile banking. Supporting services include financial calculators, Credit Climber credit improvement program, and the Tom J Case Memorial Scholarship Program ($1,500 awards).

Differentiator

Problem solved

Functional benefit

Products and services

• Share Savings Account Primary savings account that establishes credit union membership for individual consumers and families.
• Share Certificates Term deposit products that allow members to earn a fixed rate of return on funds held for a set period.
• Club Savings Account Savings account designed for accumulating funds for specific clubs or seasonal goals.
• IRA Accounts Individual retirement savings accounts designed to help members save for retirement on a tax-advantaged basis.
• Free Checking Account No-fee checking account that provides members with standard transaction and payment functionality.
• Rewards Checking Account Checking account that pays rewards or higher dividends to members based on account activity.
• Investor Checking Account Checking account tailored for members with higher balances or investment-oriented banking needs.
• SmartSaver Minor Account Savings account designed for younger members to begin building savings habits.
• SavvySpender Minor Account Checking account designed to introduce minors to spending and money management.
• Auto Loans Consumer loans for purchasing new or used vehicles, available to credit union members.
• Consumer Loans Secured and personal consumer loans for general personal financing needs of members.
• Storm Shelter Loan Specialized consumer loan designed to help members finance the installation of storm shelters, addressing Oklahoma-specific severe weather preparedness.
• VISA Platinum Credit Card Platinum-tier VISA credit card offering members revolving credit for personal use.
• Secured VISA Credit Card Secured VISA credit card backed by a deposit, designed to help members build or rebuild credit history.
• Mortgage Products Residential mortgage lending products including home equity loans, first mortgages, home improvement loans, and rental or vacation property financing for members.
• Online and Mobile Banking Digital banking platform allowing members to access accounts, perform transactions, and manage finances online and via mobile devices.
• Tom J Case Scholarship Program Scholarship program that supports students of credit union members with educational funding.

Quantifiable outcome

• Auto loan rates as low as 3.24% APR for new/used/refinance with terms up to 84 months
• +4 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• Co-op Credit Unions (Shared Branching)coreChannel Partner/ Reseller/ DistributorCredit union participates in the Co-op Shared Branching network, allowing members to conduct transactions at over 5,000 partner credit union locations nationwide. This extends member access beyond their own branch network.
• TransFundcoreTechnology or IntegrationTransFund provides ATM network services for the credit union, enabling members to access cash through a broad network of ATMs. Members directed to transfund.com for ATM locator.
• truSTAGEminorGTM or Marketing PartnerInsurance partnership providing home and auto insurance products for members through truSTAGE platform, offering discounted rates for credit union members.
• Love My Credit UnionminorGTM or Marketing PartnerRewards program partnership offering exclusive discounts and benefits for credit union members through the Love My Credit Union program.
• BannocoreTechnology or IntegrationBanno provides the online and mobile banking platform powering the credit union's digital banking services including account management, transfers, and bill pay.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/CUOneOK
• LinkedInlinkedin.com/company/credit-union-one-of-oklahoma

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

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 Credit Union One of Oklahoma