June 24th, 2024742Jacksonville, FL — VyStar Credit Union has awarded four Florida high school students two-year college scholarships as part of the Path to Prosperity Scholarship Program. The Path to Prosperity Scholarship Program is a partnership between Florida Prepaid College Foundation (FPCF) and the Florida Chamber Foundation with the goal of reducing childhood poverty in Florida by providing a pathway to college for students living in the poorest zip codes. VyStar partnered with the FPCF to support education through initiatives that create a solid foundation for a lifetime of financial wellness for students.
“Financial education is one of...
June 18th, 2024755Pensacola, Florida (June 17, 2024) – PenAir Credit Union (PenAir) is excited to announce the launch of its annual Financial Fitness Competition, NOW. This transformative program is designed to empower and improve financial health and literacy. Selected participants can enhance their financial knowledge, develop better budgeting habits, and compete to win a $10,000 grand prize from PenAir.
The NOW competition spans seven months and focuses on building a clear understanding of personal finances, creating sustainable budgets, and improving credit scores. Participants will receive personalized coaching from PenAir’s certified financial...
June 14th, 2024756Jacksonville, FL - VyStar Foundation announced today that $201,551 will be distributed among 12 recipients in its third grant cycle focused on nonprofit organizations that support military and veterans service programs. Specific funding priority was given to programs that address health and basic needs, mental health services and workforce development.
“We are proud to announce that VyStar Foundation selected 12 nonprofit organizations in our second military grant cycle,” said VyStar Foundation President Patricia McElroy. “Providing much-needed support to these organizations is a privilege. The spirit of philanthropy is deeply...
June 13th, 2024939Pensacola, Florida (June 13, 2024) – PenAir Credit Union (PenAir) is proud to celebrate the latest charitable donations made possible through its Jeans for Communerosity® (J4C) program. J4C is an inspiring, employee-led initiative, dedicated to supporting those in need within the communities served by PenAir. Since its inception in 2013, this program has been a beacon of generosity, with PenAir employees contributing more than $450,000 to support local nonprofits.
Most recently, PenAir’s J4C program presented $6,000 to each of the following nonprofits:
Buckaroo Foundation - The Buckaroo Foundation is a non-profit organization...
June 13th, 2024849TAMPA, Fla. (June 12, 2024) — USF Federal Credit Union (USF FCU), headquartered in Tampa with over $1.1 billion in assets and serving over 70,000 members, announced that it has added Buy Now, Pay Later (BNPL) to its suite of online banking products to address the financial fragility of members who may normally turn to high interest credit-finance options or predatory lenders.
USF FCU has selected equipifi to power its BNPL solution and is the first credit union to make BNPL available in Florida. With the launch, USF FCU will extend personalized BNPL offers to members on eligible debit card transactions. Members will be able to view and...
June 11th, 20241343Jacksonville, FL— VyStar Credit Union is thrilled to announce that 18 outstanding students from our High School Branch Program will be awarded two-year Florida Prepaid College Plan scholarships in partnership with the Florida Prepaid College Foundation (FPCF).
FPCF matched VyStar’s contribution toward these scholarships’ dollar-for-dollar, doubling the impact. Each scholarship covers 60 credit hours at a Florida public college, or the equivalent funding at another qualified educational institution.
“These scholarships represent our unwavering commitment to empowering young minds and investing in the future of our...
June 6th, 20241342Pensacola, Florida (June 5, 2024) – PenAir Credit Union is excited to announce the expansion of its membership eligibility to include residents of Escambia County, Alabama, and Houston County, Alabama. PenAir’s comprehensive Digital Banking services allow members to access their accounts, manage finances, and utilize a variety of financial tools from the convenience of their mobile devices or computers. This digital-forward approach ensures that all members, regardless of location, have seamless access to personalized financial services to meet all their banking and lending needs.
Key Benefits of Joining PenAir Credit Union:
•...
June 4th, 2024838GRAND BLANC, MI and VERO BEACH, FL – June 4, 2024 – ELGA Credit Union (“ELGA CU”) and Marine Bancorp of Florida, Inc. (OTCMKTS: MBOF), the holding company for Marine Bank & Trust Company (“Marine Bank”), today announced that the companies have entered into a definitive agreement under which ELGA CU will acquire Marine Bank in an all-cash transaction. Subject to the terms of the agreement, shareholders of Marine Bank will receive $43.75 in cash for each share owned.
The transaction, which was approved by the boards of directors of ELGA CU and Marine Bank, combines ELGA CU’s consumer and low-income lending expertise with...
June 4th, 2024638MIRAMAR, Fla. – (June 4, 2024) – Young adults have a lot on their plates these days, but three local college students can breathe a bit easier about their tuition, thanks to scholarships from Tropical Financial Credit Union. This year, the South Florida credit union awarded three scholarships totaling $10,000--one grand prize of $5,000 and two $2,500 awards to deserving students.
The credit union created this scholarship program more than a decade ago to help area students further their education. The scholarship recipients are:
Patrick Ouano, from Kissimmee, is the recipient of TFCU’s $5,000 scholarship. After...
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