Membership Has Its Rewards

As we grow and thrive as a financial cooperative, so do your member benefits. 

Our mission is to improve your financial wellbeing, and we do that by offering you money-saving and money-earning perks, eliminating common banking fees – and so much more.

Here are seven ways we demonstrate that membership truly has its rewards – proof in your pocket that we’re more than just a place to have a checking account.

No Hidden Fees: In a world where fees can eat away at your finances, our membership stands apart. We’ve gotten rid of common charges banks impose – like fees for non-sufficient funds and monthly checking account fees – and we’ve capped the cost of overdrafts at just $5¹. You’ll never be charged more than one per day – and never reoccurring charges (a move that’s saved members more than $12 million a year).²

Cash Back Bonus with Everyday Banking: Every credit card purchase on every type of UWCU credit card earns unlimited cash back rewards with a Rewards Checking account. All it takes is a monthly minimum of 10 credit or debit card purchases, and $250 in electronic (ACH) deposits, withdrawals, payments or transfers. 

Interest on All Rewards Checking Accounts: Balances over $1,000 accrue interest, so even your diligent savings is rewarded. 

Get Your Paycheck Before Payday: Your direct deposits are available in your account and ready to spend up to two days early.³  

We’ve Got Your Back: With Balance Backup,⁴ forget the inconvenience of a declined transaction. The service will never cost you more than $5¹ when you need it. Set your preferences anytime right from our Mobile App – no need to call us.

In Your Neighborhood and in Your Pocket: Our conveniently located branches across Milwaukee and Madison combined with the convenience of our Mobile App mean you’re never more than a drop-in or tap-in from your account.

Watch Your Credit Score Build: With our free credit score monitoring and report, you can track your progress and set goals for an even better financial future.

A Pile of Other Perks: From free food delivery to discounted tickets and more, we put all your perks in one place – the Rewards Snapshot feature of our Mobile App – so you never have to worry about missing out on a good thing!

With UW Credit Union, membership isn’t merely a status – it’s your access to financial empowerment. Because here, membership always has its rewards.

¹A $5 fee is charged to the receiving account for transfers or overdraws, capped at $5 per business day, regardless of the number of payments involved. No fees are charged if your balance is short by less than $10. Negative balances must be repaid within 45 days. For more details, refer to our industry-leading overdraft business practices.

²In 2021, we reduced our overdraft fee to $5, saving our members over $12.9M annually compared to the industry average. Source: Raddon Financial Group, June 2024. Overdraft fees are limited to one per account, per day. 

³UW Credit Union may make funds from a direct deposit into your consumer checking account available up to two days early. Early availability depends on notice from the payor and cannot be guaranteed by UW Credit Union. After funds are made available to you, you remain responsible if any deposit to your account is returned or otherwise uncollected. Early availability may be discontinued at any time. Transaction limits apply.

⁴Balance Backup Transfers may cover ACH, checks, debit card purchases, and ATM withdrawals from your Rewards Checking account. However, you cannot use the credit union’s basic reserve (overdraw) for debit card purchases or ATM withdrawals, so those transactions would decline if a transfer option isn’t available.