Utica District Telephone Employees F CU

Utica District Telephone Employees F CU is a credit union in Utica, a federal credit union as its abbreviated name suggests. Credit unions are member-owned cooperatives that offer savings accounts, loans and everyday banking to the people who belong to them, often through a shared employer or community.

The name points to roots in a telephone company workforce, a common origin for credit unions that began as employee savings groups. Because the members are the owners, the focus stays on serving the people who belong rather than outside shareholders.

What to Know

• It is a credit union based in Utica.
• Credit unions are owned by their members, not by outside shareholders.
• The credit union is a member of the Greater Utica Chamber of Commerce.