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Waves Up. Banking that travels with You.
As the official credit union of Pepperdine Athletics, UCU is proud to serve Waves wherever life leads—from Malibu to abroad. Faculty and staff enjoy exclusive services, while students and alumni count on us for practical banking that fits the Malibu lifestyle. Whether you’re cheering at Firestone Fieldhouse or studying overseas, UCU makes sure your finances ride the wave with you.
- For All Who Call Pepperdine Home. Faculty and staff benefit from exclusive credit union rates and services; students and alumni enjoy accounts that travel anywhere.
- Malibu Lifestyle, Practical Banking. From Malibu Canyon commutes to abroad programs, UCU keeps the Pepperdine community connected.
- Proud to Partner. Supporting Waves Athletics and delivering tailored financial tools that work off the court, too.
Make it official!
Bank with Pepperdine Athletics pride when you pay with the official Waves Cash Back credit card — only from University Credit Union!
- No annual fee
- No foreign transaction fees
- 3% cash back* for the first 6 months, and 1.5% cash back after that
- No restrictions on how much you can earn
- Experience enhanced security benefits and features powered by Mastercard®
The Wave Loan
Make your dreams a reality with the official Wave Loan. Whether you're consolidating debt, funding a big purchase, or covering life's unexpected costs, the Wave Loan is designed with Pepperdine in mind; with low rates, flexible terms, and service that puts Waves first. Don't just borrow, bank with confidence.
Bank smarter, not harder
Bank anywhere with University Credit Union's secure digital platform. Manage accounts, transfer funds, pay bills, and access powerful tools to achieve your financial goals—all from your phone, tablet, or computer.
Digital banking
University Credit Union's top-rated mobile app puts a full suite of digital banking services, including mobile check deposit, Bill Pay, and card management, right in your hand.
Digital banking
Mobile wallet
Enjoy secure, convenient, and seamless spending by adding your University Credit Union debit card to your mobile wallet. Pay at registers, order ahead, or checkout—no card needed.
Mobile wallet
Meet Royce
Royce is an AI (artificial intelligence) powered digital assistant that can answer questions, help you find resources on our website, provide account information, facilitate transactions, and more.
Meet Royce
Earn 37x the national average1 in dividends
University Credit Union's Smart Checking offers a strong rate, minimal fees, and a suite of premier features designed to maximize your financial advantage.
- Up to 3.00% APY²
- No monthly service fees or overdraft fees
- Free ATM access on campus & 30,000+ CO-OP ATMs nationwide
Meet virtually with a financial coach
Certified Credit Union Financial Counselors (CCUFC) are available virtually to help students, faculty, and staff navigate financial questions and concerns. Book an appointment, today, for a free coaching session with a dedicated financial expert.
Open an account today
Open a University Checking, Smart Checking, High Yield Savings account, and even a limited-time certificate in a matter of minutes using UCU's virtual application.
*Cash Back Credit Cards in good standing will automatically earn 1.5% cash back on net purchases (purchases less any credits, returns and adjustments). Cash advances and balance transfers will not earn rewards. Cash back rewards will be deposited to the member's primary checking account on the first of the month. A checking account and enrollment in eStatements are required to qualify for cash back rewards. If the monthly amount of cash back earned is negative, the negative amount will carry over and be deducted from future cash back rewards. The 3% cash back promotional offer is available on new credit card loans only. Members will earn 3% cash back on all net purchases made within the first 6 months of opening a Cash Back Credit Card or until a total of $10,000 in combined purchases is reached, whichever occurs first. After the promotional offer expires, all net purchases will earn 1.5% cash back. There is no maximum amount of cash back rewards that can be earned on net purchases at the standard rate.
1The national average of 0.08% and other competitor information, based on comparable deposit products listed by the FDIC as of 12/06/2024. Rates subject to change. We make every effort to maintain accurate information. However, all high-yield checking information is presented without warranty. High-yield checking promotions and offerings vary.
2APY = Annual Percentage Yield. To earn 3.00% APY, member must have a qualifying Smart Checking Account. Based on a combined rate of 2.96%. All accounts must be in good standing with no delinquency or bankruptcy pending. Qualifying Smart Checking Accounts will earn 3.00% APY in dividends on balances up to $25,000. Balances above $25,000 will be paid at the regular checking rate.
Qualifying Smart Checking Accounts are defined as being enrolled in eStatements and having a direct deposit to the Smart Checking Account of at least $1,000 aggregated monthly. If the requirements are not met, then no dividend is earned. Secondary Smart Checking Accounts not eligible to earn APY. Dividends are calculated by the daily balance method, which applies a daily periodic rate to the balance in the account at the end of each day. Dividends are disbursed monthly into the active Smart Checking Account. APY is accurate as of the last dividend declaration date. Fees could reduce the earnings on the account. Rate subject to change after account opening and may vary based on qualifications met at month end. Not valid with any other offers. To establish a UCU Membership, you must deposit at least $5 to a Regular (Share) Savings Account. A $50 minimum deposit is required to open a Smart Checking Account. All accounts are subject to approval.