March 17th, 2020505370This article appeared originally on CreditUnions.com and is the intellectual property of CALLAHAN & ASSOCIATES. No part may be reproduced, transmitted, distributed, published or otherwise communicated, in printed form or electronically, without the express written permission of CALLAHAN & ASSOCIATES.
Small businesses fuel the economic engine of the United States. In 2019 alone, they added 1.8 million net new jobs and employed 47.3% of the private workforce. Small-business owners, however, face myriad challenges when it comes to transitioning their work from a scrappy startup to an established enterprise.
Five years ago,...
March 16th, 2020062First Florida Credit Union is constructing a new branch, according to an article in The Coastal.
The credit union recently received a permit for the construction of a 2,960-foot branch located on Tamaya Boulevard in Jacksonville, Fla. First Florida Credit Union currently has 14 branches throughout Florida. Approximately six of those branches serve Jacksonville.
Also featured in: The Coastal
March 13th, 2020189The president of the Punta Gorda Rotary Club recently wrote a letter to the Sun Port Charlotte thanking all those in the area who helped host Taste of Punta Gorda and Beyond, including Suncoast Credit Union.
The president, James Williams, explained in his letter than all funds from the event went toward local charitable organizations, local emergency relief funds and international charitable projects. The credit union acted as a major sponsor of the event, along with Publix Super Markets, Ingman Marine, McCrory Law Firm and Sysco West Coast Florida.
"Our community would be much poorer without your generous contributions," Williams...
March 12th, 20203168A recent SRQ article featured in Achieva Credit Union, its origin story and the way in which it carries out the credit union difference.
SRQ is a magazine local to the Golf Coast of Florida which strives to engage "an eclectic group of readers from many walks of life, seeking to influence their community with the information that surrounds them," according to the magazine's website. The article about Achieva -- titled "Who says you need a bank to bank?" -- begins by telling the story of the seven Pinellas County teachers who began their own small financial institution after they were denied a loan from a bank in 1937. It also highlights...
March 11th, 20202104Suncoast Credit Union recently celebrated the grand opening of its first completely bilingual branch.
The branch, located in Tampa, Fla., features a staff fluent in both English and Spanish and offers marketing materials in both languages, according to a CUInsight article.
The new building was designed with industrial loft architecture in mind and features modern furnishings that blend with the style. Members visiting the branch can enjoy a coffee bar and free WiFi in an open/cafe style floor plan. The location also offers teller pods, vehicle and mortgage lending applications services and extended hours through walk up and drive up...
March 10th, 20205120Achieva Credit Union recently co-sponsored a local '80s masquerade ball, the proceeds of which benefit Habitat for Humanity.
The North Port Divas hosted the ball from a country club in South Sarasota County, Fla., dressing in their 1980s finest, according to a Your Sun article. This wast the ninth ball the Divas have hosted -- and they managed to raise hundred for Habitat Against Humanity.
For more information, read the full Your Sun article here.
Also featured in: Your Sun ...
March 9th, 2020066Bread & Board Provisions, a popular Five Points restaurant, recently announced its intentions to open a new location at VyStar Credit Union's headquarters in Jacksonville, Fla.
The restaurant, known for fresh-baked artisanal breads and meats, will set up in a 2,200-square-foot specialty marketplace featuring seven other vendors, according to a First Coast News article. The other vendors include Good Dough, Alewife Craft Beer Bottle Shop, Bee Friends Farm, Layered: Cakes & Sweets by Anita Adams, Martin Coffee, Saturiwa Trading Company and Bark Urban Dog Boutique.
For more information, read the full First Coast News article...
March 6th, 20204338Female executives from both Georgia's Own Credit Union and Publix Employees Federal Credit Union recently sat down with Creditunions.com to discuss working tips, career lessons and legacy desires in celebration of International Women's Day on March 8.
"In 2017, Callahan examined leadership teams at U.S. credit unions and found 51.4% of CEOs were females," according to the article. "When it comes to assets under female stewardship, however, the movement outperforms other industries and notable, successful companies -- but still has some ground to make up if it is to reflect true equality."
Cheryl Brown, chief people and organizational...
March 5th, 20201186Magnify Money, a personal finance site powered by LendingTree, recently featured Pen Air Federal Credit among its list of "Best Credit Union CD rates with restricted memberships or membership fees."
Pen Air offers a 12-month CD at 1.8% APY that requires a $500 minimum deposit to open. The credit union offers CDs with a range of terms, from 3 months to 60 months. Pen Air is open to active duty or retired military, civil service employees, employees at select employer groups and anyone who simply joins the Friends of the Navy-Marine Relief Society.
"Each of these credit unions have membership criteria, but don't let that scare you away,"...