Ukrainian Federal Credit Union (UFCU) is making FICO® Scores available to members through monthly statements and online banking. The FICO® Score will be updated on a quarterly basis. For accounts with a joint owner, the higher FICO® Score is displayed.
FICO® Scores are the most widely used credit scores and are used by 90% of top lenders to help make credit-related decisions every year. Whether for a credit card, an auto loan or a mortgage, the three-digit FICO® Score helps lenders evaluate credit risk.
Maria Milazzo, UFCU Chief Lending Officer, goes on to say, “As a credit union we look for ways to be there for our members. By conveniently providing FICO® Scores to our members at no additional cost, we are offering a key resource that informs and educates our membership.”
An example of how the FICO® Score appears on a statement is shown below:
Please visit our dedicated About FICO® Score web page to learn more. FICO® is a registered trademark of Fair Isaac Corporation in the United States and other countries.
UFCU is a member-owned financial cooperative with 13 branches in 7 states. You don’t have to be Ukrainian to join!