ORLANDO, Fla (June 27, 2024) – The University of Central Florida announced this week Addition Financial Credit Union is the first financial institution to be recognized as a Pegasus Partner. Addition Financial joins AdventHealth, Orlando Health and Nemours Children’s Health as organizations that share the university’s vision and commitment to continuing to lead the region in key industries such as aerospace, engineering, defense, optics, digital media, finance and healthcare. Pegasus Partners engage across the university in ways that create meaningful value for both organizations, including talent development and recruitment, shared research projects, joint ventures and strategic philanthropy.
“We are grateful for this new level of partnership between Addition Financial and UCF,” says UCF President Alexander N. Cartwright. “As our newest Pegasus Partner, we look forward to continuing our longstanding collaboration to create opportunities for UCF students and faculty and to improve outcomes for individuals across our community through the transformative power of education.”
As a new Pegasus Partner, Addition Financial supports the Dr. Phillips Nursing Pavilion, the new and expanded home for UCF’s College of Nursing that is anticipated to open in Fall 2025 and that will help the university graduate 150 much-needed additional nurses each year. They’re also a core supporter of UCF Downtown, where students gain invaluable real-world experiences in the heart of Downtown Orlando.
By investing in UCF Downtown, which opened five years ago, the credit union helped the university partner with Valencia College to establish a campus that is now home to the nation’s top-ranked graduate video game design and emergency management programs. Students benefit from many internship and job opportunities in industries, as well as government and nonprofit offices, located in or near downtown Orlando.
Addition Financial Arena has hosted major UCF basketball wins and sold-out crowds, including the men’s basketball team’s upset over No. 3 Kansas last season in its first-ever Big 12 home game. Over the past five years, the arena has hosted 1.4 million visitors for university commencement ceremonies, basketball home games, concerts and other events.
In total, Addition Financial’s philanthropic support of UCF, as well as its projects and programs, has exceeded $25.8 million throughout the course of 20 years. The credit union has operated a branch on UCF’s main campus since 1971.
With a strategic eye on preparing students with the skills they need to succeed in the workforce, Addition Financial is collaborating with UCF to grow its internship program. They’re working to engage annually in student research projects within multiple colleges, and to expand how the company uses faculty expertise to respond to key business challenges and opportunities.
“Addition Financial’s longstanding and successful partnership with UCF speaks volumes to the deep commitment we share in improving the Central Florida community,” says Kevin Miller, president and CEO of Addition Financial Credit Union. “As a credit union founded nearly 90 years ago by educators, witnessing UCF unleashing the true potential of its students, Addition Financial is proud to be the first financial institution to be a UCF Pegasus Partner.”
To encourage the mutually beneficial relationship and regular conversations that already exist between UCF and Addition Financial, UCF has created the President’s Industry Advisory Council, where representatives of the Pegasus Partners program will hold a seat, providing input to President Cartwright and exchanging ideas with other members of the Council on topics of current interest to the university and its partners.
Joining the new President’s Industry Advisory Council will be Kevin Miller, president and chief executive officer of Addition Financial.
Miller, a graduate of the University of Pittsburgh and Emory Law School in Atlanta, has worked at Addition Financial since 2004. His personal philanthropic and community involvement also involves UCF, including the Knights Helping Knights Pantry and the UCF Student Housing Insecurity Fund, the College of Community Innovation and Education, UCF Downtown, and the College of Nursing.
Miller is an elected director for UCF Foundation Inc. and serves on the UCF Downtown Executive Advisory Council. He is also past chairman of the Foundation for Seminole County Schools and a board member for A Gift for Teaching and the Galileo School for Gifted Learning.
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About Addition Financial Credit Union:
Addition Financial Credit Union is a trusted banking and financial education partner that members of the Central Florida community rely on to help them along their financial journey. Founded in 1937, Addition Financial is a not-for-profit financial cooperative headquartered in Lake Mary, Florida with more than $2.9 billion in total assets. As a member-owned credit union, Addition Financial puts the financial well-being of its more than 179,000 members at the heart of everything it does. With 26 full-service branches, 10 student-run high school branches, and financial products designed to provide better saving and loan rates and lower fees, Addition Financial is constantly growing and evolving to meet the needs of its members. Addition Financial is the Official Financial Institution of the UCF Knights and owns the naming rights of the Addition Financial Arena on the University of Central Florida campus. Newsweek named Addition Financial as one of the “Best Credit Unions for 2024.” For more information, visit AdditionFi.com.
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