The live and virtual AdventHealth Winter Park Road Race 10K and 2 Mile on March 13 offered participants three levels of endurance on a beautiful tree lined route that wound around a lake. They could choose the 10K, 2 mile or take the Distance Dare...Florida
MIRAMAR, Fla. – Tropical Financial Credit Union has promoted Richard “Rick” Shaw to Executive Vice President/Chief Operations Officer. He previously served as Chief Financial Officer.
In his new role, Shaw will be responsible for all consumer, business, and mortgage lending, and oversee collections. His focus will be to align the lending functions with the credit union’s long-term strategic goals.
Shaw joined Tropical Financial in 2015 from Union Federal Savings Bank in North Providence, Rhode Island. The last eight-and-half-years there, he served as President/CFO. Union Federal was the internet banking arm of the First...Florida
Local Credit Union to Give Food to Families in Need
DELRAY BEACH, FL. (03/16/21) – iTHINK Financial Credit Union’s Aviation Branch, located at, 2625 Airport Drive, Vero Beach FL, 32960, will host a mobile food drive in association with the Treasure Coast Food Bank on Saturday, March 20, 2021.
The food distribution will take place from 9 a.m. to 11 a.m. EST in the branch parking lot. Members of the community can begin lining up in their vehicles at 8 a.m. EST. Over 200 vehicles are expected at the mobile food drive event.
The Treasure Coast Food Bank strives to maintain the highest standard of efficiency while providing food to...Florida
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 for members, according to a recent report from the credit union’s leadership.
Despite the national recession and widespread economic uncertainty last year, First Florida Credit Union grew its overall assets by $177 million and disbursed a record-setting $260 million in loans. Staff members also developed adaptions that are likely to continue improving services long after the crisis has...
April 6th, 20213177The 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, 20212168GTE 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, 20216140Jax 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, 20213202To 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, 20205120The 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, 202036230Vicki 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...
