Serving You & Your Family Since 1936

The HUDFCU Team with Secretary Carson

Our Mission

Providing Financial Services and Promoting the Uniqueness and Benefits of Credit Union Membership



Our Team

Board of Directors

  • Otis D. Collins - Chairman
  • David Noguera - Vice Chairman
  • Mark D. Shroder - Treasurer
  • Kim C. Adams - Secretary
  • John Bravacos - Director
  • Terry E. Rouch - Director

Supervisory Committee

  • David Noguera - Chair
  • Michael Jenson - Committee Member

Executive Management

  • Jonathan Hefter - Chief Financial Officer
  • Roni Krupnick - Executive Vice President
  • Ramona Suggs - Branch Manager

Our History

Since 1936, the HUD Federal Credit Union has supported the employees and families of those who work for the common purpose of housing and urban development. We have grown to include members all over the United States and its territories. Today HUD Federal Credit Union stands proudly among thousands of federal credit unions whose not-for-profit, service-oriented, member-owned approach to business distinguishes them from other types of financial institutions. Credit Unions ensure member participation in business decisions that affect their financial well-being. Our Board of Directors is composed entirely of HUDFCU members. We have maintained a steady growth through reasonable interest rates, diversified investments and financial services, and member participation in the decisions that ensure our members a successful financial future. Anyone eligible for membership is invited to join our family and participate in our efforts to fulfill our primary purpose of promoting thrift and providing credit at reasonable and fair rates.

Ben Carson rings the bell of financial freedom

Our Impact

At HUDFCU, we're dedicated to making a positive impact. As a Minority Depository Institution (MDI) and a Low-Income Credit Union (LICU), we proudly serve and support underserved communities.

What is an MDI? An MDI, or Minority Depository Institution, is a financial institution in which minority individuals hold the majority ownership or control. MDIs are crucial in providing financial services and opportunities to minority communities, fostering economic growth, and promoting financial inclusion.

What is an LICU? As a LICU, or Low-Income Credit Union, is a credit union designated to serve low-income communities. LICUs offer affordable financial products and services to individuals and families who may not have access to traditional banking options. By supporting LICUs, we help uplift underserved communities and provide them with the financial tools they need to succeed.

Join us in our mission to provide financial services and opportunities to those who need them most. Together, we can create a stronger, more inclusive community.