In Review: Ohio University Credit Union (OUCU)

Updated: Jun 3

“Selected an Excellent Choice Credit Union, Ohio University Credit Union currently serves the University of Ohio as well as the counties of Athens, Fairfield, Hocking, Meigs, Morgan, Perry, Vinton, and Washington County, Ohio."


By: Allan R Kirby

Excellent Choice Credit Union, Ohio University Credit Union (OUCU) serves the University of Ohio as well as the counties of Athens, Fairfield, Hocking, Meigs, Morgan, Perry, Vinton, and Washington County, Ohio.

We review Credit Unions:


Mysmallbank.com feels compelled to find the best credit unions and community banks to write a small review. These reviews are to help you learn more about community banks, possibly one that's in your area that you might be interested in. In this review we are choosing the following local Credit Union:

Name: Ohio University Credit Union

Location: Athens

Headquartered: PO Box 476, Athens, Ohio, 45701

Branches: 3

Year Established: 1955


Review:


Ohio University Credit Union (OUCU) is a 3 branch full-service bank that serves not only alumni, students, and staff of the university but also the counties of Athens, Fairfield, Hocking, Meigs, Morgan, Perry, Vinton, and Washington County. Our decision to name Ohio University Credit Union, Excellent Choice Credit Union, was based on our own research on reviews, services offered as well as their commitment to their membership and the communities they serve. What we found was a great community credit union that provides great services such as the college student checking account with:

  • No minimum balance and unlimited transactions

  • No monthly maintenance or low balance fees

  • Free debit card, online services & mobile app

  • 5 Free non-OUCU ATM transactions a month

Additionally, we also liked the no-fee Visa Platinum and Visa Platinum Rewards credit cards, the Visa Platinum for example is a great basic credit card to get you started while the Visa Platinum Rewards allows you to earn CU rewards points for cash, travel, merchandise, gift cards & OUCU discounts.


We were also surprised by the number of account service offerings such as the Charitable & Memorial Accounts as well as Individual Retirement Accounts (IRAs) to help you get started with your retirement. However, what we liked most is that the credit union does try to help students out by offering computer loans to allow students get the equipment they need to succeed in school.


About OUCU


Ohio University Credit Union currently has close to $424 million in assets, 3 branches, and nearly 25,000 members. ibanknet. Ohio University Credit Union got its start in 1955 when Dr. Harry Crewson, then professor of economics and later president of Ohio University along with Ohio University Treasurer Paul O'Brien secured a charter from the State of Ohio. OUCU officially opened for business in 1955 in the cashier's office in Ewing Hall.


"Overall we found OUCU has keept to their roots in providing high quality financial services to its members."

We will now provide you some highlights of specific products and services Ohio University CU provides its members as well as their commitment to their community.


Great Credit Cards:


When looking at service offerings, we found OUCU has a great set of credit cards specifically the Visa Platinum and Visa Platinum Rewards:


Both OUCU credit cards feature great benefits:

  • No annual fee

  • No balance transfer fee

  • No cash advance fee

  • Local member service

  • Access through online banking

  • Security with EMV chips + more

VISA Platinum

  • Great basic card

  • Helps establish your credit history

  • 6.25% - 18.25% APR

VISA Platinum Rewards

  • Earn CU Rewards points for cash, travel, merchandise, gift cards & OUCU discounts

  • 8.25% - 18.25% APR


Kids Accounts


We love credit unions that provide accounts for younger generations, and Ohio University Credit Union does not disappoint with the Bobcat Savings Club for members ages birth to 12 which includes:

  • No fee savings account

  • Seasonal fun family events

  • Treasure chest prizes with each deposit

  • Cool Cat register to keep track of your money

  • Cool Cat savings card – make 10 deposits totaling $50 and earn your own stuffed Cool Cat.

  • Get a $5 deposit if you get Bs or higher on your report card. Just bring your report card to the teller line!

Start Smart Teen Account


It's a Free Checking Account for kids 13 - 17 with parent(s) as a joint owner. This is another service offering that allows teens to learn more about banking. The good grades bonus is a great idea!

  • No monthly service fee or minimum balance.

  • Debit/ATM Card.

Online and Mobile Banking

  • Alerts by text or email for teens and parents.

  • Snap a picture to deposit checks.

  • Lock debit card if lost or stolen.

Good Grade Rewards

  • Get a $5 deposit if you get Bs or higher on your report card.

  • Just bring your report card to the teller at the branch.