February 12th, 20207220The board of the Gulf Power Company Employees Credit Union (GPCECU) recently voted to enter into a partnership agreement with Florida State University (FSU) Credit Union to merge later this year.
The merger is pending regulatory approval and a special GPCECU membership vote.
"The board and management of GPCECU are excited about the partnership with FSU Credit Union," said Anita Cooper, president and CEO of GPCECU. "Combining our institutions will allow the credit union to continue our premier service, while offering more products and services to GPCECU members as well as open up new lending opportunities to membership."
GPCECU,...
February 12th, 20205170121 Financial Credit Union was recently recognized as the Top Community Credit Union by the North Florida Small Business Administration for its contributions to small business lending in Jacksonville and the Northeast Florida region.
121 Financial was the only credit union to receive a North Florida Small Business Administration award for Fiscal Year 2019. The award will be accepted at the Annual Business Week Celebration held in May at the University of North Florida. 121 Financial will sponsor the event.
This is the sixth year in a row the credit union has been recognized by the administration. It also won the Top 1st Mortgage Lender...
February 11th, 20201149Tropical Financial Credit Union recently rolled out the Mastercard Elite 3X Rewards Card, featuring a fixed rate and triple the number of points users can use on each purchase -- no matter where it is used.
Members will earn three points for every dollar spent, according to a CUInsight article. For example, if someone charges $75 for a dinner out or at the dry cleaner, he or she would automatically earn 225 points. Once those points add up to a certain level, they can be redeemed for travel, merchandise or even quicker cash back.
The card has no annual fee, no balance transfer fee and a fixed Annual Percentage Rate of 17.99%. Once...
February 11th, 20203182Georgia United Credit Union recently announced the appointment of Cindy Connelly as its new senior vice president of governmental affairs.
Connelly will be responsible for developing and direction strategy with state and local government authorities, according to a Metro Atlanta CEO article. She'll also be collaborating with industry advocates to build strategic alliances and relationships. To accomplish these goals, Connelly will leverage her vast and successful experience advocating for credit unions with legislators and regulators.
"We are proud Cindy has joined the Georgia United family," said Georgia United President and CEO...
February 10th, 2020071Georgia United Credit Union is accepting donations of non-perishable food items and money through Feb. 28 to help stock the shelves of Dalton Greater Works.
This marks Georgia United Foundation's eighth annual Can Hunger food drive, where local communities unite to help feed neighbors in need. The most requested food items include: canned fruit and vegetables; canned tuna, chicken or salmon (in water); canned or dried beans, peas or lentils (low sodium); whole grain pasta and flour; brown rice, whole grain cereal; natural peanut butter (plastic containers); and olive oil (plastic containers).
"One in seven people in Georgia rely on...
February 10th, 20200110Naheola Credit Union and the Southeastern Credit Union Foundation will partner with three Demopolis High School teachers to host a Reality Fair at the school on Feb. 14.
This is the second year Demopolis students will be able to take part in a Reality Fair, according to an article in the West Alabama Watchman. The Reality Fair is an interactive financial literacy tool for high school students in which they experience some of the financial challenges they may face when they start their adult lives. For example, the students are given a career profession and starting salaries. They then complete a budget spread sheet requiring them to live...
February 7th, 2020166Robins Financial Credit Union will be the entertainment stage sponsor for the 2020 Forsythia Festival.
Robins Financial has been a proud sponsor of the festival for the past 10 years. The Forsythia Festival, taking place from March 14 until March 15, is a free, family-fun event featuring arts & crafts, children's fair, live entertainment and much more.
February 7th, 20200104Some Federal Employees Credit Union members found themselves with a little extra money in their accounts, thanks to the credit union’s recent unprecedented loan interest rebate.
Federal Employees CU refunded members 10% of interest they paid on loans from January, 2019 until September, 2019, placing the money into their share accounts. In total, the credit union rebated about $45,000.
Federal Employees Credit Union CEO and Manager Greg Keller said the refund wasn’t something for which leadership had originally planned or budgeted. It just felt like the right thing to do.
“It was a conscious decision made among management,”...
February 6th, 2020065Tyndall Federal Credit Union recently presented United Way of Northwest Florida with a check for $10,000, according to a Channel 7 WJHG article.
The check represented a grant to assist with 2-1-1 services in United Way of Northwest Florida's six-county area, where residents can call the hotline for disaster assistance including help with housing, utility help, food, clothing and medical help. According to the Channel 7 article, nearly 150,000 residents were assisted by 2-1-1 after Hurricane Michael.
For more information, read the full Channel 7 WJHG article here.
Also featured in: WJHG Channel 7...