November 20th, 20244175HUNTSVILLE, Ala. (Nov. 19, 2024) – Redstone Federal Credit Union is pleased to welcome Samarpreet "Sam" Sohi as its new chief financial officer (CFO) and executive vice president (EVP).
Sohi succeeds Wayne Sisco, Redstone’s current CFO and Senior EVP, who is set to retire in March of 2025 after a 38-year tenure.Sohi is a chartered financial analyst who brings more than 15 years of experience to Redstone. He joins the credit union from Keesler Federal Credit Union in Biloxi, MS, where he served as CFO. He has a proven track record in leading transformational change, developing internal talent, driving digital transformation, optimizing...
November 6th, 202413173Tuscaloosa, AL – The Alabama ONE Board of Directors recently approved Whitney Oswalt as CEO of Alabama ONE. Today, Oswalt announced the formation of its newly established Executive Leadership Team to leverage their extensive expertise to foster growth, enhance operational efficiency, and drive innovation for all Alabama ONE members.
Oswalt expressed his confidence in the team, stating, "It is my pleasure to announce the newly formed Executive Leadership Team. This team is comprised of highly skilled and experienced individuals who will continue to build on our strong foundation and focus more on our strategic priorities for our members....
November 4th, 20241227HUNTSVILLE, Ala. (Oct. 31, 2024) – For the ninth consecutive year, Redstone Federal Credit Union honored the community’s first responders with a special meal and appreciation gifts.
The First Responders Appreciation Luncheons were held to serve both Alabama and Tennessee communities, offering meals on-site and packed to go. Redstone’s initiative aligns with Congress’s designation of October 28th as National First Responders Day in 2017. Since then, the credit union has served thousands of meals to firefighters, police officers, EMTs and all who respond first on the scene of a traumatic situation.
Deemed as one of Redstone’s...
November 1st, 2024731BIRMINGHAM, Ala. — Credit Unions for Kids is a collaborative network of credit unions that assist nonprofit children's hospitals in the United States, enabling credit unions to promote families' financial and emotional well-being in addition to their physical health. Since 2009, ēCO Credit Union has consistently been one of the top fundraising credit unions in the state of Alabama. This year marked the fifteenth year of support for Children’s of Alabama.
ēCO Credit Union’s 2024 Change for Children’s fundraiser, created to support Children’s of Alabama, took place from September 9th through October 18th. Donations were accepted...
October 8th, 20241539Mobile, Alabama - September 2024: BauerFinancial, Inc., the Nation’s Premier Credit Union Rating Firm, is pleased to acknowledge New Horizons Credit Union, Mobile, AL, for its 5-Star status. This rating is based on financial data and signifies that New Horizons Credit Union continues to be one of the strongest credit unions in the nation.
“Bauer rates credit unions based on their overall financial condition,” reports Karen Dorway, President of the rating firm, “and has been doing so for four decades. Bauer’s approach of taking current financial data along with historical trends has enabled Bauer to anticipate certain events...
September 25th, 20241553September 24, 2024 _ Redstone Federal Credit Union and the University of Alabama in Huntsville (UAH) marked five successful years of partnership and student achievement on Tuesday, Sept. 24, from 11 a.m. to 1 p.m. at the UAH Charger Union (4705 Holmes Avenue, Huntsville, AL 35899).
The UAH branch, primarily staffed by UAH students, offers valuable services and convenience to the university’s students, faculty and staff. Alongside providing work experience and career opportunities, the branch’s affinity debit card has generated $23,240 in revenue for the university since its launch. Each time a member uses the UAH-linked debit card,...
September 18th, 20241937On Monday, Sept. 16, Avadian Credit Union’s Colonnade branch opened in its new location at 3401 Colonnade Parkway in Birmingham. The branch is still located in the Colonnade but is now located in a free-standing building closer to Colonnade Parkway.
The branch features state-of-the-art design and technology throughout. It begins with two drive-up video-capable ATM Plus+ machines, giving Avadian’s Colonnade members a drive-up experience. ATM Plus+ machines allow members to perform transactions plus talk to an Avadian team member on-screen, with hours that extend beyond normal business hours.
The new branch design provides the...
September 6th, 20241958Birmingham, Ala. – September 5, 2024 – APCO Employees Credit Union renamed its branch at 6400 Tattersall Park Drive to honor long-time employee and CEO, Derrick E. Ragland, Jr.
Earlier this year, Ragland was named Alabama Professional of the Year by the League of Southeastern Credit Unions. In addition to this award, the APCO Employees Credit Union Board of Directors wanted to honor Ragland and his contribution to the Credit Union. It was decided, and unanimously approved by the Board, to rename the APCO Tattersall branch as the Derrick E. Ragland, Jr. Building.
Credit union industry leaders along with city officials and APCO...
September 3rd, 2024565August 28, 2024 _ Redstone Federal Credit Union® recognized five individuals nominated by its members and the public for making a positive impact in their communities at an award reception Tuesday, Aug. 27.
These individuals, honored as 'Community Champions,’ are selfless community builders who actively work to address the needs of others. Redstone first launched the initiative in spring of 2023, receiving more than 100 nominations of members who go above and beyond in their communities. The number of nominations doubled this year to more than 200.
This year's Community Champions give their time, talents and resources to enhance the...
Alabama
