December 31st, 2019084eCO Credit Union recently dedicated a boardroom to the late Dr. Eddie J. Pruden, a long-term board member who passed away on Nov. 4.
The Dr. Eddie Pruden Boardroom was dedicated during a celebration with board members, employees and Dr. Pruden's family in late December, according to a CUInsight article. HIs portrait is now proudly displayed in the boardroom.
"Dr. Pruden's presence will be sorely missed," eCO CEO Joey Hand told CUInsight. "He was committed to the credit union mission of people helping people, as he served on the board and also in his daily life."
Pruden served on the credit union board for more than 40 years,...
December 31st, 2019163Unbanked, underbanked and underserved residents of Sarasota, Fla. now have new opportunities for financial betterment thanks to a partnership between the city and Manatee Community Federal Credit Union.
The new "Reliable Ride" program will allow residents to open an account with the credit union and take advantage of low-interest vehicle loans in order to secure reliable transportation, according to a Sarasota Magazine article. Clients of the program wil also receive financial education and assistance, and be eligible to apply or business startup loans through participation in Community Entrepreneur Opportunity courses offered by the City...
December 30th, 2019154In March, CreditUnions.com wrote an article about Community First Credit Union's innovative reward program that offers high-performing branch staff experiences rather than cash.
The online publication recently re-featured the article -- titled 'A reward program that takes the cents out of incentive' -- in its rundown of the best HR pieces published in 2019.
Below is an excerpt from the original article:
It's been nearly a decade since branch staff at Community First Credit Union of Florida ($1.6B, Jacksonville, FL) collected any form of cash incentive -- not that anyone misses it.
Cash incentives didn't fit into the...
December 30th, 20190116GTE Financial Credit Union Chief Experience Officer Pedro Diaz recently sat down with CreditUnions.com to discuss member experience opportunities and challenges the credit union expects to face in 2020.
Below is an excerpt of that interview:
What's your biggest member experience opportunity in 2020? How do you plan to address it?
Pedro Diaz: Ensuring that all members always experience the best service and value. We're taking a three-pronged approach: training on integrity selling, holding teams and individuals accountable and leveraging our real-time member surveys for daily coaching.
Click here to read the full CreditUnions.com...
December 27th, 2019066GTE Financial Credit Union spread holiday cheer to four families in need this year.
The Make Hope Real initiative is part of the credit union's annual promise campaign aiming to deliver a dose of holiday happiness to families struggling during the season, according to a CU Today article. The GTE Community Financial Center staff members nominated the deserving families and all GTE employees raised funds throughout the month of December to help spread holiday cheer.
GTE Financial received families at their headquarters and escorted them on an adventure that included a shopping spree at Target, gift wrapping and dinner at a local...
December 27th, 2019480This year, WinSouth Credit Union helped the Marine Toys for Tots campaign in DeKalb distribute toys to more than 1,000 families from more than 400 families.
In fact, the credit union became one of the toy drive's top fundraisers of the year, according to a Times-Journal article.
This wasn't an easy year for the drive. According to the Time's article, the seventh-annual campaign suffered weather-related losses of three fundraisers as well as debilitating injuries to some of the volunteers.
"When the going got tough, I kept reminding our volunteers to think of how many children would have smiling faces on Christmas morning, thanks...
December 25th, 20190132Suncoast Credit Union recently announced the signing of an agreement to purchase Miami-based Apollo Bank.
The deal is the largest bank acquisition by a credit union in U.S. history and the 12th acquisition of its kind in Florida, according to a Florida Weekly article.
Apollo Bank is a leading community bank in Florida that is locally operated and owned by shareholders with $746 million in assets and about 100 employees. The bank, which launched in 2010, operates five branches in Miami's Brickell Financial District, Doral, Coral Gables, Kendall and Hialeah.
According to Suncoast Credit Union CEO Kevin Johnson, the agreement...
December 23rd, 20193121Georgia's Own Credit Union recently acted as a corporate sponsor in a #GivingTuesday campaign that resulted in a $13.5 million donation.
The campaign, led by the Georgia Center for Nonprofits, joined together nonprofits, businesses, media partners and thousands of individual Georgians to lead a statewide generosity movement which generated 73 percent more donations than last year. In total, Georgia's annual day of giving has galvanized more than $41.5 million in donations -- and more than 284,000 in individual gifts -- since it began in 2012, according to a Henry Herald article.
Georgia's Own CU was one of six foundation partners who...
December 23rd, 20192111Creditunions.com recently named two Florida credit unions in its article about the best lending programs of the year.
The article recognized Manatee Community Federal Credit Union for offering innovative employer-sponsored small-dollar loans. Employers enroll in the program and then offer the loans as a benefit of employment, sometimes with loan reserves bolstered by company contributions, according to the Creditunions.com article.The idea behind these loans is relatively simple -- but they act as a rescue for many who would have turned to predatory payday loans.
Pen Air Federal Credit Union also received recognition for its auto...
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