United Association Credit Union

United Association Credit Union's edge over traditional banking is price: it tells members they save more than a traditional banking environment offers and benefit from low rates and an easy application process. Membership is open to members of United Association Local Union 342 and their families for a one-dollar membership fee plus a minimum opening deposit of one hundred dollars.

California chartered United Association Credit Union in 1957; its current charter was issued January 1, 1957, and its accounts became federally insured on August 1, 1979. The credit union holds $14,181,820 in assets and serves 2,161 members.

A contraction in Local 342's membership would shrink United Association Credit Union's 2,161-member base and its $14,181,820 of assets, because membership is open to members of Local 342 and their families.

Revenue declined 6.4%, from $799,833 in fiscal 2024 to $749,037 in fiscal 2025, while expenses reached $511,888 in fiscal 2025.

United Association Credit Union gives the members of one labor union local a savings account and a range of consumer loans. The credit union offers consumer loans covering cars, motorcycles, recreational vehicles, boats, signature loans, share-secured loans, and home equity lines, and its services include online banking, audio teller, ACH, payroll deduction, wire transfer, and notary services. Membership is open to members of United Association Local Union 342 and their families for a one-dollar membership plus a minimum opening deposit of one hundred dollars.

Members check account balances and transaction histories by telephone through the audio teller, the credit union's approach to everyday account access. Student loans are offered in partnership with Sallie Mae, which makes the loans.