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Second Quarter 2026 CEO Letter

Dear member, 

 

This year feels different in the best way. University Credit Union is officially 75 years old! This is more than a milestone; it reflects the trust you have placed in us over time and the role you have played in shaping who we are today.

 

As part of our 75th anniversary, you will see new ways to celebrate and connect with your credit union. At our Advisory Center at UCLA’s Ackerman Union, for example, a collection of images brings our story to life, offering a meaningful look at the moments that shaped your credit union and the journey we have shared together. Swing by and take a look, we'd love to see you.  

 

With this milestone also come special offerings, like our exclusive Diamond Anniversary Certificate, four $750 giveaways—just for being a member—and for those planning ahead, University Investment Services is here to support your long-term goals. Check out what's new and celebrate with us at ucu.org

 

Over the past year, we have continued to grow alongside you. Membership increased by more than 7 percent, and more members than ever are choosing University Credit Union as their primary financial partner.  

 

Recently, we were awarded the Growth Guru from GreenPath as well as a Diamond Award from America’s Credit Unions, both for excellence in financial education. Join one of our upcoming events or review our financial wellness center to learn more. This is a strong reflection of the momentum we are building together. There’s much more to share, but you’re welcome to catchup by reviewing our Annual Report
 

I had the privilege of joining this organization as President and CEO in January. Since coming onboard, what stands out most to me is the care behind everything we do. And we continue to focus on delivering a financial advantage that supports your life wherever it takes you. 

 

Even though much has changed since our humble beginnings at UCLA in 1951, at our core, one thing has not changed. People helping people. 

 

Thank you for being part of this story.

 

Sincerely,

 

Richard Wada 

President & CEO

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