January 24th, 20226107Tampa, FL – January 24, 2022 – USF Federal Credit Union (USF FCU) is now certified as a community development financial institution (CDFI).
The CDFI Fund provides federal dollars to spur economic growth and opportunities in distressed, low-income communities. With its CDFI designation, the $1 billion USF FCU will be able to partner with groups and organizations to improve economic conditions for underserved areas in West Central Florida.
“Like all credit unions, USF FCU has a mission to give back to the communities that we serve,” USF FCU President and CEO Richard J. Skaggs said. “We decided to apply for this CDFI designation...
January 19th, 2022180Lake Mary, Fla. (January 19, 2022) – To celebrate 85 years of service to the Central Florida community, Addition Financial has launched a charitable foundation. The Addition Financial Foundation, whose mission is “to foster empowerment in our community through financial education and charitable giving,” will focus heavily on supporting education-based initiatives and underserved communities.
“At Addition Financial, we believe in the power of giving back because it is the right thing to do. Although the credit union has an extensive record of charitable donations in Central Florida, we look forward to making an even greater impact...
January 19th, 20223315Tallahassee, FL (January 2022) – The Board of Directors and Management of FLAG Credit Union announced today that the credit union’s membership has voted to merge with Bay Credit Union. Effective April 1, 2022, FLAG will be known as FLAG Credit Union, a division of Bay Credit Union.
The vote came to fruition after careful evaluation of the credit union’s long-term needs. According to FLAG CU’s Chairman of the Board, Thomas
James, “We recognized the values of Bay Credit Union were closely aligned with FLAG, and we know that by combining resources, we can both provide an elevated level of service to our members.”
“The...
January 18th, 2022383Fort Walton Beach, Fla. - Eglin Federal Credit Union is proud to once again support the United Way Emerald Coast’s 28th Annual Day of Caring. Twenty-three employees painted and landscaped at the Emerald Coast Science Center in Fort Walton Beach and at the Crestview Manor in Crestview on Friday, Jan. 14. This year’s Day of Caring aligned with Martin Luther King Day’s National Day of Service celebrated on Monday, Jan. 17.
“In the words of Dr. Martin Luther King, Jr., life’s most persistent and urgent question is: What are you doing for others?” said United Way Emerald Coast’s President and CEO Kelly Jasen. “Eglin Federal...
January 18th, 2022692JACKSONVILLE, Fla. – First Florida Credit Union will open its newly relocated Southpoint branch on Monday, Jan. 31. The branch is located at 6622 Southpoint Dr. S., Suite 100, only a half-mile away from the credit union’s current Southpoint location.
Highlights of the new branch include an on-site café, a coin counter machine with no fee to members, walk-up ATM and drive-thru service, and ample parking with a designated members-only spaces. Hours of operation will remain the same.* The credit union’s current Southpoint branch, located at 4230 Southpoint Parkway S., will remain open until Friday, Jan. 28.
Brent Lister, president...
January 12th, 2022171ORLANDO, Fla., and LOS ANGELES, Calif., January XX, 2021 – Addition Financial Credit Union, with more than $2 billion in assets and 155,000 members across Florida, today announced it has partnered with Zest AI, a leader in software for AI-driven lending, to expand credit access safely to more members.
“At Addition Financial, we’re always looking for ways to give our members more and Zest’s software gives us the ability to say yes more often to members across the credit spectrum and across all our consumer lending products,” says Miriam Mitchell, Senior Vice President of Lending at Addition Financial.
Zest software lets credit...
December 30th, 20215101December 29, 2021 — Jacksonville, Fla. — Jax Federal Credit Union has appointed Charlie Saman as its Vice President of Business Services. He started his role on November 15, 2021.
Saman has built an extensive career in the financial services industry, and has served in executive leadership positions in the business sector for over 18 years. Most recently, he was the Vice President, Commercial Relationship Manager of PNC Bank where he served businesses with annual gross revenues ranging from $5 million to $50 million to mitigate risk, advance return and build relationships to better support their goals. Previously, he served as the...
December 28th, 20214150ORLANDO, FL (December 2021) – McCoy Federal Credit Union is committed to giving back to the communities we serve. Since 2008, McCoy’s Operations Team has spearheaded initiatives at Lancaster Elementary School (LES), an underserved public school located just outside of downtown Orlando, to assist students and their families. This includes two annual events — a School Supply Drive in August and the Lancaster Christmas Project in December — that McCoy team members look forward to participating in every year.
The need during the 2021 holiday season was larger than any year to date. So the McCoy team collected donations, shopped for...
December 2nd, 20214123DELRAY BEACH, FL. (12/2/21) – iTHINK Financial Credit Union is accepting donations for two- year old Jacob Hicks, who was orphaned earlier this month after his parents were murdered. Justin Hicks was a Cherokee County Fire Fighter; he and his wife, Amber Hicks, were also members at iTHINK Financial.
Members of the community are asked to donate funds for Jacob to the iTHINK Financial account FBO Justin and Amber Hicks. Monetary donations will be matched by the credit union.
In addition to monetary donations, iTHINK Financial is collecting items to help Jacob and his grandparents. Items needed include Pampers Cruisers, size 6; Desitin...
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