Tropical Financial Credit Union Opens Doral Branch

November 22nd, 2024530 Doral, FL (November 18, 2024) - Tropical Financial Credit Union, a not-for-profit financial institution, is growing its presence in South Florida with a new branch in Doral. The location will make banking more convenient for existing members who have moved to the area, which is seeing a surge in new development and population. The new branch, located at 7975 NW 12th Street, Doral, FL 33126, is in a stand-alone building previously occupied by another financial institution. "Our expansion into Doral highlights our dedication to addressing the dynamic needs of our members and the communities we support," stated Rick Shaw, president and...

Eglin Federal Credit Union infuses $1.9 million into the community through local nonprofits

November 22nd, 20243105 Fort Walton Beach, Fla. (Nov. 21, 2024) - Eglin Federal Credit Union is spreading holiday cheer by donating $1.9 million into the community through local nonprofits. Monetary donations were made to the Air Force Enlisted Village, Children in Crisis, Emerald Coast Fitness Foundation, Fisher House of the Emerald Coast, Fresh Start for Children and Families, Habitat for Humanity of Okaloosa County, Habitat for Humanity of Walton County, Okaloosa Public Schools Foundation, the Southeastern Credit Union Foundation and the United Way Emerald Coast. “Eglin Federal Credit Union is very excited to be able to make this investment in our...

Suncoast Credit Union’s Darlene Johnson Named One of 2024’s Most Powerful Women in Credit Unions by American Banker

November 22nd, 2024315 TAMPA, FLA. (November 21, 2024) — American Banker has once again named Darlene Johnson, Executive Vice President and Chief Strategy and Transformation Officer at Suncoast Credit Union, as one of 2024’s Most Powerful Women in Credit Unions. This recognition, awarded for the second consecutive year, underscores Johnson’s trailblazing leadership and her role in driving transformative change within the credit union industry. Johnson’s strategic vision and innovative approach have been instrumental in positioning Suncoast Credit Union as a leader in the credit union space. As the largest credit union in Florida, Suncoast serves over...

APCU/Center Parc Credit Union is the First to Launch BNPL in Georgia

November 22nd, 2024325 ATLANTA, GA. (November 21, 2024) – APCU/Center Parc Credit Union – Georgia's oldest credit union with more than $2.3 billion in assets and serving over 107,000 members nationwide, announced that it has added Buy Now, Pay Later (BNPL) to its suite of online banking products. APCU/Center Parc is the first credit union to launch BNPL in Georgia. It has selected equipifi, a leading BNPL platform designed for financial institutions to power its solution. With this launch, APCU/Center Parc will extend personalized BNPL offers for members to split payments on eligible debit card transactions. APCU/Center Parc members will be able to view and...

Augusta Technical College announces major gift from SRP to sponsor Accelerate Augusta

November 22nd, 2024113 Augusta Technical College, inpartnership with the Downtown Development Authority of Augusta,proudly announces that SRP is the naming sponsor for Accelerate Augusta, the region’s newest small business incubator and microenterprise center. SRP has made a significant multi-year commitment to support the project. As a result, the initiative will be referred toas “Accelerate Augusta Powered by SRP” for the next 10 years. SRP’sinvestment will provide furnishings and technology for the program, which willbe headquartered at 600 Broad Street, as well as underwrite training programsfor emerging businesses. “SRP has long played a...

Addition Financial Credit Union and Community Partners Expand Pre-School Financial Literacy Program

November 22nd, 2024322 ORLANDO, FL – Addition Financial Credit Union, Orange County Public Schools, The Early Learning Coalition of Orange County, and Junior Achievement announced this week that AdventHealth for Children is joining their partnership to help expand the ADDing FUNdamentals Financial Literacy Program. Seven new childcare centers and schools, including 11 new classrooms are being added to the unique financial literacy program for pre-school children. The program now serves more than 300 students through a total of 15 childcare centers/schools and 25 classrooms. The ADDing FUNdamentals program, launched as the first of its kind in Central...

Suncoast Credit Union Expands Partnership with Osceola Magic with New “Magic Buckets for the Community” Program

November 20th, 2024322 KISSIMMEE, FLA. (November 20, 2024) — Suncoast Credit Union, Florida's largest credit union, announces the return of its "Magic Buckets" program with the Osceola Magic, rebranded this season as “Magic Bucks for the Community.” This season, 10 local nonprofits from Central Florida will participate in the program, with two nonprofits competing each month for votes to secure a portion of the funds. For every point scored by the Osceola Magic, Suncoast will donate $5 or $10 per point, depending on the game schedule, up to $5,000 per month. Each month, two nonprofit organizations will engage the community in a friendly competition for...

SRP Assists Members Post Hurricane Helene

November 20th, 2024333 North Augusta, SC – On September 27, 2024, Hurricane Helene brought severe devastation to the CSRA. With destructive winds, tornadoes, and extensive damage to utilities and homes, all ten counties served by SRP Federal Credit Union were significantly impacted. In response to the recent challenges, SRP quickly stepped up to support both its member-owners and team members. Throughout the immediate aftermath, SRP provided Emergency Relief Loans, Skip-a-Pay options on consumer loans, and waived or refunded various operational fees. Many members were able to access relief through these emergency loans, and thousands took advantage of the...

Redstone Names Sam Sohi as New CFO

November 20th, 20242123 HUNTSVILLE, Ala. (Nov. 19, 2024) – Redstone Federal Credit Union is pleased to welcome Samarpreet "Sam" Sohi as its new chief financial officer (CFO) and executive vice president (EVP). Sohi succeeds Wayne Sisco, Redstone’s current CFO and Senior EVP, who is set to retire in March of 2025 after a 38-year tenure.Sohi is a chartered financial analyst who brings more than 15 years of experience to Redstone. He joins the credit union from Keesler Federal Credit Union in Biloxi, MS, where he served as CFO. He has a proven track record in leading transformational change, developing internal talent, driving digital transformation, optimizing...
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