Board Member's Biography

Tony C. Budet

Tony C. Budet has served for 17 years as President and Chief Executive Officer of University Federal Credit Union (UFCU), Austin, Texas, a not-for-profit financial cooperative with $2.6 billion in assets under management serving 225,000 members.  He is a seasoned executive, strategist, and innovator who, during his 33-year tenure with UFCU has held several executive-level roles, including Chief Financial Officer, and has successfully guided the organization through a variety of regulatory, economic, and competitive conditions. 

In partnership with his board, Tony has positioned himself and UFCU's 700 employees to focus externally, utilizing the cooperative's financial, human, and physical resources as conduits through which to reach into and transform communities served.  His “relationships are all there is” approach to leadership has 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 2016 Chairman of the 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 is active in leadership of the Credit Union National Association, CUNA Strategic Services, Inc., Opportunity Austin, and chairs Dell Medical School's development campaign.  He also serves and supports a variety of community organizations, including the E3 Alliance, Austin Bridge Builders Alliance, Austin Area Research Organization, Austin Young Chamber Advisory Council, the Greater Austin Crime Commission, Athletes in Action Advisory Council, and the Development Council for the University of Texas System Chancellor.

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.

Tony C. Budet

Vice Chairman

University Federal Credit Union
Austin, TX

District At-Large, Class C

Term: February, 2023

Committee Memberships

Advocacy Committee (Chair)