Tony Budet

District At-Large, Class C
Term: February, 2023

Tony C. Budet serves as Chief Executive Officer of University Federal Credit Union (UFCU), Austin, Texas, a not-for-profit financial cooperative with over $7.6 billion in assets under management serving 340,000 members.  He is a seasoned executive, strategist, and innovator who, during his 37-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 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 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 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 is 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.  

Committee Memberships

Advocacy Committee (Chair)

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