USF Federal Credit Union Launches BNPL, First in Florida

June 13th, 2024856 TAMPA, 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...

18 High School Branch Students Awarded Two-Year Scholarships from VyStar Credit Union and the Florida Prepaid College Foundation

June 11th, 20241350 Jacksonville, 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...

PenAir Credit Union Expands Membership Eligibility to Escambia and Houston Counties in Alabama

June 6th, 20241348 Pensacola, 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: •...

ELGA Credit Union to Acquire Marine Bank and Trust

June 4th, 2024845 GRAND 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...

Tropical Financial Credit Union Awards $10,000 in Scholarships

June 4th, 2024644 MIRAMAR, 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...

PenAir Credit Union Announces Internal Growth and Expansion with Promotions and New Hires Amid Year of Growth

June 3rd, 2024763 Pensacola, Florida (May 31, 2024) – PenAir Credit Union (PenAir) announces four new internal promotions and three new hires, all to the Assistant Vice President and Vice President level. The four promotions and new hires are part of PenAir’s larger 2024 growth and expansion plan after the brand’s most successful year in 2023. The 2024 promotions and new hires include: Victoria Cheatham – Promoted to VP of Risk Management Debbie Kemp – Promoted to VP of Credit Resolution Whitney Smith – Promoted to AVP of Learning & Development Mark Vanderhaden – Promoted to AVP of Project Management Laura Barody – New...

VyStar Donates Over $31,000 to Local Schools Through its High School Debit Card Give Back Program

May 29th, 2024734 Jacksonville, FL — VyStar Credit Union is excited to celebrate the second year of its High School Debit Card Give Back Program and announce an overall donation of $31,568 to the 18 area high schools that participated in the VyStar Academy of Business High School Branch Program. “We extend our deepest gratitude to all who have joined us in our mission to uplift students and educators in our communities and contributed to the tremendous success of the school-branded debit card give back program in its second year,” said VyStar EVP/Chief Operations Officer Chad Meadows. “The program provides members with an opportunity to show their...

Calhoun Liberty Credit Union Awards $35,250 in Scholarships to 47 Local High School Students

May 23rd, 20245142 BLOUNTSTOWN, Florida - Calhoun Liberty Credit Union (CLCU) is proud to announce that 47 outstanding high school seniors from Altha High School, Liberty County High School, and Blountstown High School have been awarded scholarships to support their further education. This initiative is part of CLCU's ongoing commitment to fostering educational opportunities and empowering the youth in our community. Since the inception of our scholarship program in 2017, CLCU has awarded over $125,000 in scholarships to deserving students. This year, each of the 47 graduating students received a $750 scholarship, which can be used to pursue a variety of...

VyStar Credit Union Continues Growth in Florida With Opening of Third Branch in Tallahassee

May 23rd, 20247107 Jacksonville, FL — VyStar Credit Union is proud to announce its Capital Circle location is now open at 3398 Capital Circle NE in Tallahassee, Florida. This is VyStar’s third full-service branch in Tallahassee. In support of its purpose to Do Good, VyStar partners with nonprofit organizations across the communities it serves. VyStar will make a $5,000 donation to the Women Veterans Unite Corporation to celebrate the grand opening of the Capital Circle branch at the ribbon cutting event on June 11. “We’re excited to open our third branch in Florida’s capital,” said VyStar EVP/Chief Operations Officer Chad Meadows. “The...
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