Our Story

Founded in 1956, Upward Credit Union is staying true to its roots. Helping members change their lives financially while our healthcare members change lives physically. All our members enjoy a deeply rewarding, personalized approach to banking that is both high-tech and high-touch. We strive to make a lasting impacts on our member, and we help celebrate their accomplishments and achievements. Because as a member-owned cooperative, your success is our success. We can’t wait to see what the next years have in store for Upward Credit Union. Let’s Soar Upward together.

Timeline of Upward Credit Union

1956

Peninsula Hospital Credit Union was established by the employees of Peninsula Hospital.

1963

Mills Memorial Hospital Federal Credit Union was established by the employees of Mills Memorial Hospital. The two credit unions operated independently, serving healthcare employees and their families.

1985

The two hospitals merged and it made sense for the credit unions to merge, and United Health Credit Union was created as a result of the merger. United Health Credit Union focused on serving the Mills-Peninsula healthcare community.

2002

United Health Credit Union increased its presence to include the city of Burlingame, and became more involved with the community, supporting it any way the Credit Union could.

2014

United Health Credit Union had the opportunity to serve the employees of Sequoia Hospital through a merger with Sequoia Hospital Employees’ Federal Credit Union.

2016

The Board of Directors approved for the credit union to apply to their state regulator to serve San Mateo County, with the emphasis to be on healthcare providers. It was also decided that with this new focus and an insurance company now in the state with a similar name, a name change was in order.

2017

United Health Credit Union officially became Upward Credit Union. The mission has been and always will be to be the best financial health provider for the members and improve their financial well-being, allowing them to soar Upward. It also allowed for the continuation of the beloved logo representing the members coming together, with a slight modification to represent the future.