Credit union’s COVID-19 adaptations bolstered safety while improving member services
JACKSONVILLE, Fla. – First Florida Credit Union weathered the COVID-19 pandemic with record-setting growth and innovations that promise permanent improvements...
April 6th, 20213154The Board of Directors of Jax Federal Credit Union today announced the appointment of John Servos as the credit union’s new CEO and President. His first day on the job was April 1.
Servos joins Jax Federal Credit Union after a successful, 22-year career at Neighbors Credit Union in St. Louis, Mo., where he served as CEO for over 12 years. The credit union’s assets grew from $192 million to $467 million under his leadership. Prior to his appointment as CEO, Servos also served as Chief Financial Officer for nine years and Vice President of Compliance and Audit Services for one year.
Servos obtained his CPA certificate and...
February 23rd, 20212162GTE Financial Credit Union recently became one of 23 credit unions from across the country selected by Filene as Credit Union Innovators for its i3 Program.
Filene i3 is a two-year innovation leadership program that aims to equip top credit union professionals with the mindset, tools and network to lead and shape the credit union of the 21st century.
The program's applied learning model teaches participants Filene's method of innovation by guiding them through the development of a prototype solution for a challenge facing their respective credit union or community," said Filene's President & CEO Mark Meyer. "With access to Filene's...
January 19th, 20216123Jax Federal Credit Union today announced plans to close its Southpoint branch, located at 4100 Belfort Rd. in Jacksonville, effective Feb. 6, at 1 p.m.
All Southpoint branch associates will transition to new roles at the credit union. Members who frequent the Southpoint branch for in-person banking services have been notified of the closure.
The decision to close the branch reflects an evolution in how members have utilized the credit union’s physical and digital assets. Since the credit union opened its Baymeadows branch in October 2019 (located at 9802 Old Baymeadows Road, fewer than three miles away from the Southpoint branch),...
January 12th, 20213192To help lift the spirits of Central Florida Seniors who were isolated by the pandemic, McCoy Federal Credit Union launched the Senior Assisted Living Outreach "Give Christmas Cheer."
Company-wide, McCoy team members crafted personal messages in custom Christmas cards and decorated 25 large boxes to fill with holidays gifts for the residents and community rooms.
McCoy collaborated with long-time partner Cornerstone Hospice to coordinate the delivery of hundreds of gifts to seven assisted living Central Florida facilities in four counties: 350 hand-crafted and signed Christmas cards; 49 blankets; 89 pairs of socks; and a myriad of games,...
November 24th, 20205109The Credit Union National Association (CUNA) announced First Commerce Credit Union as a first-place winner of the 2020 Dora Maxwell Social Responsibility Community Service Award for its #LocalStrong initiative, which was launched at the onset of the pandemic to support local businesses.
The Dora Maxwell award is presented annually to credit unions that demonstrate outstanding social responsibility projects in their communities. First Commerce received top honors among credit unions across the country in the $250 million to $1 billion asset size category. First Commerce was the only credit union in Florida and Georgia to be recognized this...
November 20th, 202036213Vicki Lovett has been with Suncoast Credit Union ($12.0B, Tampa, FL) for 39 years, the past 12 as chief lending officer at what is now the nation’s largest low-income designated credit union (LICU).
Looking back at the Great Recession, what are you and your lending operation doing differently this time and why?
Vickie Lovett: There were a lot of learnings from the Great Recession. One of them was that restricting our lending guidelines significantly isn’t always the right answer. Even in an economic downturn, members still need to borrow.
Today, we’re continuing to lend to our members using only minimally adjusted...
November 19th, 202066143San Antonio Citizens Federal Credit Union held its official ground breaking ceremony Nov. 13, for its new Operations Center.
Expected to open in late 2021, the 11,000-square-foot facility will be located next to the credit union's current branch in San Antonio.
"Building this facility is an example of our commitment to our members, our staff and our communities," said Patty Sarne, San Antonio Citizens Federal Credit Union president and CEO. "As banking continues to move into the digital era, the Board of Directors saw the need to provide a state-of-the-art facility that promotes collaboration and communication for support staff in the...
November 19th, 202058249Credit Union National Association's (CUNA) National Awards Committee announced First Commerce Credit Union in Tallahassee, Fla., as one of its 2020 CUNA Award winners.
First Commerce Credit Union won a first-place Dora Maxwell Award, which is presented to credit unions for outstanding social responsibility projects in their communities. First Commerce was one of five credit unions nation-wide to win this outstanding award.
The credit union was one of 15 to win a national CUNA award in any category.
“Congratulations to the 2020 CUNA Award winners who are being recognized for their commitment to their communities, particularly in a...
November 17th, 202034390McCoy Federal sponsored the Tuskegee Airman 2nd Annual Charity Golf Tournament in Orlando, Fla., to grant college scholarships, bolster youth mentoring programs and honor the Tuskegee Airmen who overcame prejudice during WWII by forming their own combat unit.
The first African-American team to pilot and maintain combat aircraft, the Tuskegee Airmen's unwavering bravery and "dogfighting" air combat skills led to Presidential commendations -- and paved the way for full integration in the U.S. Military.
McCoy Federal Credit Union embodies the credit union charter of "People Helping People" through sponsorships to help those in need and...
