November 20th, 202036225Vicki 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, 202066148San 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, 202058256Credit 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, 202034399McCoy 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...
November 16th, 202021108To highlight Pet Alliance of Greater Orlando Giving Day, McCoy Federal Credit Union sponsored the adoption fee for Goofy, an adorable 75lb hound who was adopted into his "furever home."
The virtual event, held in place of their traditional yearly Furball fundraiser gala, featured a WFTV live-streamed birthday "pawty" starring puppies and kittens of all ages to encourage Pet Alliance's new virtual adoption program.
Giving Day in Orlando, Fl., met their fundraising goal of $300,000 to provide compassionate rescue, medical care, shelter, food and foster care to abandoned animals until they are adopted into their "furever" home.
McCoy...
October 20th, 20205139First Florida Credit Union is moving forward with plans to open three new branches in Northeast Florida.
This regional expansion officially begins with this month's grand opening of the credit union's 17th statewide branch located at 3280 Tamaya Boulevard -- just east of Beach Boulevard's intersection with Kernan Boulevard.
First Florida Credit Union has also purchased property near Atlanta Boulevard and Girvin Road as well as in St. Johns County's Durbin Creek area. Those branches are scheduled to open during 2021.
The expansion plans are designed to help the credit union better serve existing members in these specific...
October 20th, 2020297Georgia United Credit Union is helping fight food insecurity in their local communities through their #FightHunger challenge.
“Georgia United is committed to improving the lives of our members, team members and the communities we serve,” said Community Development Officer Liz Riffert. “The pandemic has made this year especially challenging and food banks across Georgia are experiencing an increase in demand. The Fight Hunger challenge is a rewarding and fun way for members and team members to help their neighbors in need.”
The credit union pledged to donate a dollar to local food banks for every fight-hunger post made on their...
October 5th, 2020176Bay Credit Union recently announced its board of directors has selected Mike Akers as the credit union’s new Chief Executive Officer. Akers started in August 2020 and brings to the role 17 years in the credit union industry.
"Mike Akers brings his passion for credit unions and a fresh vision to Bay CU, as well as a goal to become a lending leader in the Bay County area," said Chairman of the Board Gary Bliss. "We are very lucky to have such a dynamic and compassionate leader to build on our strong brand and navigate us through these uncertain times.“
In his previous role as CEO of FLAG Credit Union, he was known as an excellent...
September 30th, 20203173On August 29, McCoy Federal Credit Union and partners of 27 Community Connection sponsored Central Florida Virtual Walk
Like MADD, a key fundraiser for Mothers Against Drunk Driving (MADD). The event raised nearly $50,000 towards MADD’s mission of “No More Victims.”
Every 51 minutes drunk driving causes a fatality and is the number one cause of death on our roadways. Nationally, over 10,000 preventable deaths occur each year costing $44 billion in damages. Since MADD’s inception in 1980: more than 370,000 lives were saved; over 840,000 survivors were nurtured; critical legislations imposing penalties and interlock systems for...
Florida
