Retired CEO, University Federal Credit Union
Austin, TX
Tony C. Budet served from 2000-2023 as President and Chief Executive Officer of University Federal Credit Union (UFCU), Austin, Texas, a not-for-profit financial cooperative with $5 billion in assets under management serving 350,000 members. He is a seasoned executive, strategist, and innovator who, during his 38-year tenure with UFCU held several executive-level roles, including Chief Financial Officer, and successfully guided the organization through a variety of regulatory, economic, and competitive conditions.
In partnership with his board, Tony positioned himself and UFCU’s 800 employees to focus externally, utilizing the cooperative’s financial, human, and physical resources as conduits through which to reach into and transform communities served, particularly in the areas of financial health, post-secondary education, middle skills employment, and housing affordability. His “relationships are all there is” approach to leadership garnered the credit union considerable influence in local business and legislative circles while producing growth multiple times that of other credit unions.
Tony served as the 2022-2023 Chairman of the Credit Union National Association, served as the 2016 Chairman of the Greater Austin Chamber of Commerce, was the recipient of the 2015 Credit Union National Association’s Buck Levins Political Activist award, and was designated the Credit Union Executive Society’s 2014 Outstanding Chief Executive. He earned a BA in Economics from The University of Texas at Austin, and was active in leadership of the Credit Union National Association, CUNA Strategic Services, Inc., E3 Alliance, and Opportunity Austin. He also has led or participated in a variety of community organizations, including Austin Bridge Builders Alliance, Austin Area Research Organization, Austin Young Chamber Advisory Council, Greater Austin Crime Commission, Athletes in Action Advisory Council, and Development Councils for the University of Texas System Chancellor, Dell Medical School, University of Texas Libraries, Concordia University, and Dell Seton Medical Center.
Tony and his wife Nancy are blessed with two adult daughters, two sons-in-law, and three grandchildren, and are active members of Austin Ridge Bible Church.
