UCF Federal Credit Union was founded in 1971 to serve the faculty and staff of Florida Technological University (FTU) before it became known as the University of Central Florida. For over 40 years, UCF Federal Credit Union served the staff, faculty, students, alumni and boosters of UCF, providing quality, comprehensive financial services.

In November 2011, the members of UCF FCU voted to merge with CFE Federal Credit Union, bringing together two credit unions who share a heritage of service to education in Central Florida. The UCF FCU brand continues, operating  as a division of CFE Federal Credit Union under CFE FCU's charter. Anyone who lives, works, attends school, volunteers, or worships in Orange, Osceola, Lake, or Seminole County may join. Busineses are also welcome.

CFE FCU was founded in 1937 as Orange County Teachers' Federal Credit Union. CFE FCU has grown from a small financial cooperative to the thriving credit union it is today with over $1.1 billion in assets and more than 120,000 members. CFE FCU is consistently recommended by BauerFinancial for its strength and security.