 | |
| Type | Credit union |
|---|---|
| Industry | Financial services |
| Founded | 1951 |
| Headquarters | Phoenix, Arizona United States |
Area served | Anyone who lives in the state of Arizona; faculty, staff, students and alumni of Arizona's public universities and two community colleges; state employees and some private employees |
Key people | Brandon Michaels, President & CEO
Jon Borge, Chairman, OneAZ Board of Directors Sam Wheeler, Chairman, OneAZ Community Foundation Deborah Pearson, President, OneAZ Community Foundation |
| Products | High-yield savings accounts
Share Certificates (CDs) Checking accounts Credit cards New and Used Auto loans Home loans (fixed-rate and adjustable-rate mortgages) Home equity loans and home equity lines of credit Business checking and savings accounts Business lending services OneAZ Wealth Management |
| Total assets | $3.3B USD |
| Website | oneazcu |
OneAZ Credit Union is a member-owned financial institution serving over 160,000 members with 20 branch locations across Arizona. As a credit union with over $3.3 billion in assets, OneAZ is owned by its members, who benefit from better rates, lower fees for service and improved technology. Since 1951, OneAZ has strived to help Arizonans meet their financial needs through a full suite of personal and business banking solutions. OneAZ’s mission is to truly improve the lives of its members, its associates, and the communities it serves.
History
OneAZ Credit Union was founded as the Arizona State Employees' Credit Union on October 31, 1951, as a credit union for state employees. The field of membership expanded over time to include most of the state, as well as faculty, students, staff and alumni of Arizona's three major public universities, along with employees of other companies.
In the early 1980s, the name expanded to Arizona State Employees' Savings and Credit Union; the "Employees" was dropped from the name later in the decade, while in 2006, the name was shortened to Arizona State Credit Union.
In 2016, the credit union rebranded as OneAZ Credit Union. The name change was made to mitigate confusion with Arizona Federal Credit Union and other similarly named financial institutions, and because some still took the name to mean that only state employees could join. Additionally, in the wake of the name change, the credit union applied to expand its field of membership to include the last four counties in Arizona it did not already serve. Now, membership is open to everyone in Arizona.
Membership
OneAZ Credit Union currently serves over 161,000 members throughout Arizona. Membership is open to everyone who lives, works or attends school in Arizona. Membership is based on a $5 Share Savings account, which represents members’ ownership in the credit union.
Arizonans can become members online or at one of OneAZ’s 20 branch locations.
OneAZ Community Foundation
Since 2016, the OneAZ Community Foundation has given over $1,000,000 to organizations that improve the communities we serve. The Foundation is funded largely by members – each time a member uses their OneAZ debit card, OneAZ donates one cent to the OneAZ Community Foundation.
The OneAZ Community Foundation is built on five pillars of support, which guide our charitable giving. These areas of focus help build a strong foundation for community strength and resilience.
- Children’s Health
- Food Banks
- Financial Education
- Veterans’ Interests
- Local Youth Programs
The cornerstone of the OneAZ Community Foundation’s charitable giving is the Community Impact Grant program. Since 2016, OneAZ has provided over $800,000 in Community Impact Grant to hundreds of Arizona nonprofit organizations. In 2022, OneAZ launched the Legacy Grant program to support causes and initiatives that require a financial commitment above and beyond the grants provided in the Community Impact Grant program. In 2022, OneAZ provided $193,000 in funding to 6 organizations through the Legacy Grant program.