August 28th, 20231288August 28, 2023 – Dothan, AL-based Five Star Credit Union announced today that it has entered into an agreement to acquire Macon, GA-based OneSouth Bank, the banking subsidiary of OneSouth Financial, Inc. of Blakely, GA. The deal will be structured as a purchase and assumption transaction and the consideration will be all-cash. Other financial terms were not disclosed.
Upon consummation, Five Star will have total assets of approximately $950 million and will expand its footprint to 23 full-service banking locations across lower Alabama and south and middle Georgia with the addition of OneSouth Bank’s 4 offices in Macon, Blakely and...
August 24th, 2023242DULUTH, GA (August 24, 2023) – Today Georgia United Foundation, the charitable giving arm of Georgia United Credit Union, kicks off its twelfth Can Hunger program, the organization’s annual donation drive benefiting local food banks.
Since its inception, Can Hunger has gathered more than 477,000 items for local food banks for communities across Georgia. But the campaign’s approach has now shifted to focus on monetary donations. Monetary donations are more impactful because food banks can harness the power of bulk purchasing and respond faster to fulfil specific needs for in-demand items.
This year’s Can Hunger goal is to raise...
August 23rd, 2023042JACKSONVILLE, Fla. – First Florida Credit Union is one of the most trustworthy credit unions in Florida, according to CardRates.com. The financial institution is specifically recognized under the category: “Best Community Outreach,” among others on the “10 Most Trustworthy Credit Unions in Florida” list.
The review states that First Florida has one of the busiest community calendars compared to other credit unions. The distinction also acknowledges the It’s a Money Thing® financial education program as well as First Florida’s Youth Center – both of which prioritize engaging with the community.
Michelle Troha, senior...
August 21st, 2023135Washington, DC – Callahan & Associates, the leading provider of strategic resources for credit unions, is ready to help its clients thrive as they prepare for 2024.
With strategic planning season in full swing, many credit union leaders are looking for new ways to help their institution and community thrive for years to come. Callahan’s aware of the big goals ahead of credit unions, and ready to help its leaders balance their purpose with revenue.
Callahan consultants can help leadership teams sift through the data and interpret the numbers, so they can come up with an actionable plan. They’ll work to understand the credit...
August 21st, 2023070Coosa Pines Federal Credit Union announced that former Accounting Manager Benjamin Puckett has been promoted to Chief Financial Officer (CFO). Benjamin began his full-time career with the credit union over four years ago after interning for three years during college breaks. A Childersburg native, Benjamin received an undergraduate degree in accounting from the University of Montevallo and a master’s degree from the University of Alabama at Birmingham.
Benjamin went to Montevallo planning to study marketing, but one course in accounting changed that. “I realized that was where I was meant to be,” he said. “I just loved working...
August 18th, 2023234DULUTH, GA (July 18, 2023) – Georgia United Credit Union, recently named Georgia’s credit union of the year by the League of Southeastern Credit Unions & Affiliates, is pleased to announce the appointment of David Arner and Sandy R. Burney to its board of directors.
Arner, a Georgia United member, brings a wealth of auditing and accounting experience to the board. A certified public accountant (CPA) and certified internal auditor, Arner served as deputy director of the Performance Audit Division within the Georgia Department of Audits for 12 years before his retirement in August 2022. He is a graduate of the University of West...
August 17th, 20232765TAMPA, Fla. (August 16, 2023) With respect and gratitude, Suncoast Credit Union announces the loss of Perry Dawson, beloved former President and CEO of Suncoast Credit Union from 1967 to 1996. Mr. Dawson was 95 years old and leaves behind his wife Ruth, four daughters and nine grandchildren.
Mr. Dawson built a 40 year legacy in the credit union industry. He served Suncoast Credit Union for 29 years, beginning with 4,5 00 members and 18 employees, growing Suncoast to be the 12th largest credit union in the country at the time of his retirement His door was always open, and he was the leader who shared knowledge and tools to enable others...
August 16th, 20233071Mobile, AL: New Horizons Credit Union has earned the Military Saves Designation of Savings Excellence award for efforts in financial education stressing the importance of saving during National Military Saves Week. This honor is reserved for financial institutions that succeed in getting people to open or add to wealth-building accounts and take the pledge to save.
The economy and world affairs are an unfortunate situation that is currently impacting military families and their finances. Military Saves Week has helped to spearhead the conversation around the importance of saving and encourages service members and their families take...
August 16th, 202326156COLUMBUS, Ohio — Corporate One Federal Credit Union, an industry leader in immediate payments, and CU*Answers, a leading credit union service organization (CUSO) based in Grand Rapids, Mich., today announced a partnership to expand the accessibility of real-time payments for credit unions across the nation. CU*Answers will leverage Corporate One’s Third-Party Service Provider (TPSP) for the RTP® network solution to establish a technical RTP connection that their credit union clients can easily leverage so they can receive real-time payments. The partnership has already led six early adopter credit unions to begin the process of joining...
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