USU Credit Union is a division of Goldenwest Credit Union, a federally chartered credit union based in Ogden, Utah. As of January 1, 2014, Goldenwest and USU Credit Union serve more than 100,000 members, hold over $1 billion in assets, and operate 26 branches in Utah from Smithfield to St. George. USU Credit Union is one of the strongest credit unions in the country.
USU Credit Union was founded in the halls of Utah State University (USU) in 1957 by economic professors Vernon Israelson and Evan Murray. Originally chartered with ten members, the Credit Union was created to provide banking services for USU employees and their families. In the early years, deposits and transactions literally moved from room to room and from drawer to drawer as the professors, who doubled as loan officers and accountants, worked to keep overhead costs low.
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