PenAir Credit Union Expands Membership Eligibility to Escambia and Houston Counties in Alabama

June 6th, 2024310 Pensacola, Florida (June 5, 2024) – PenAir Credit Union is excited to announce the expansion of its membership eligibility to include residents of Escambia County, Alabama, and Houston County, Alabama. PenAir’s comprehensive Digital Banking services allow members to access their accounts, manage finances, and utilize a variety of financial tools from the convenience of their mobile devices or computers. This digital-forward approach ensures that all members, regardless of location, have seamless access to personalized financial services to meet all their banking and lending needs. Key Benefits of Joining PenAir Credit Union: •...

ELGA Credit Union to Acquire Marine Bank and Trust

June 4th, 202488 GRAND BLANC, MI and VERO BEACH, FL – June 4, 2024 – ELGA Credit Union (“ELGA CU”) and Marine Bancorp of Florida, Inc. (OTCMKTS: MBOF), the holding company for Marine Bank & Trust Company (“Marine Bank”), today announced that the companies have entered into a definitive agreement under which ELGA CU will acquire Marine Bank in an all-cash transaction. Subject to the terms of the agreement, shareholders of Marine Bank will receive $43.75 in cash for each share owned. The transaction, which was approved by the boards of directors of ELGA CU and Marine Bank, combines ELGA CU’s consumer and low-income lending expertise with...

Tropical Financial Credit Union Awards $10,000 in Scholarships

June 4th, 2024310 MIRAMAR, Fla. – (June 4, 2024) – Young adults have a lot on their plates these days, but three local college students can breathe a bit easier about their tuition, thanks to scholarships from Tropical Financial Credit Union. This year, the South Florida credit union awarded three scholarships totaling $10,000--one grand prize of $5,000 and two $2,500 awards to deserving students. The credit union created this scholarship program more than a decade ago to help area students further their education. The scholarship recipients are:        Patrick Ouano, from Kissimmee, is the recipient of TFCU’s $5,000 scholarship. After...

PenAir Credit Union Announces Internal Growth and Expansion with Promotions and New Hires Amid Year of Growth

June 3rd, 202468 Pensacola, Florida (May 31, 2024) – PenAir Credit Union (PenAir) announces four new internal promotions and three new hires, all to the Assistant Vice President and Vice President level. The four promotions and new hires are part of PenAir’s larger 2024 growth and expansion plan after the brand’s most successful year in 2023. The 2024 promotions and new hires include: Victoria Cheatham – Promoted to VP of Risk Management Debbie Kemp – Promoted to VP of Credit Resolution Whitney Smith – Promoted to AVP of Learning & Development Mark Vanderhaden – Promoted to AVP of Project Management Laura Barody – New...

VyStar Donates Over $31,000 to Local Schools Through its High School Debit Card Give Back Program

May 29th, 2024711 Jacksonville, FL — VyStar Credit Union is excited to celebrate the second year of its High School Debit Card Give Back Program and announce an overall donation of $31,568 to the 18 area high schools that participated in the VyStar Academy of Business High School Branch Program. “We extend our deepest gratitude to all who have joined us in our mission to uplift students and educators in our communities and contributed to the tremendous success of the school-branded debit card give back program in its second year,” said VyStar EVP/Chief Operations Officer Chad Meadows. “The program provides members with an opportunity to show their...

Calhoun Liberty Credit Union Awards $35,250 in Scholarships to 47 Local High School Students

May 23rd, 2024598 BLOUNTSTOWN, Florida - Calhoun Liberty Credit Union (CLCU) is proud to announce that 47 outstanding high school seniors from Altha High School, Liberty County High School, and Blountstown High School have been awarded scholarships to support their further education. This initiative is part of CLCU's ongoing commitment to fostering educational opportunities and empowering the youth in our community. Since the inception of our scholarship program in 2017, CLCU has awarded over $125,000 in scholarships to deserving students. This year, each of the 47 graduating students received a $750 scholarship, which can be used to pursue a variety of...

VyStar Credit Union Continues Growth in Florida With Opening of Third Branch in Tallahassee

May 23rd, 2024721 Jacksonville, FL — VyStar Credit Union is proud to announce its Capital Circle location is now open at 3398 Capital Circle NE in Tallahassee, Florida. This is VyStar’s third full-service branch in Tallahassee. In support of its purpose to Do Good, VyStar partners with nonprofit organizations across the communities it serves. VyStar will make a $5,000 donation to the Women Veterans Unite Corporation to celebrate the grand opening of the Capital Circle branch at the ribbon cutting event on June 11. “We’re excited to open our third branch in Florida’s capital,” said VyStar EVP/Chief Operations Officer Chad Meadows. “The...

Addition Financial Credit Union Awards $65,000 in Scholarships to Central Florida Students

May 23rd, 2024928 LAKE MARY, Fla (May 21, 2024) – Addition Financial Credit Union helped a group of accomplished Central Florida students along their college career, awarding $65,000 in scholarships this month. Named after the credit union’s former President and CEO, the Joseph A. Melbourne Jr. Annual Scholarship Program awards college scholarships to six high school seniors, worth $10,000 each, and two graduate level scholarships, worth $2,500 each. “Addition Financial is proud to support and elevate these students embarking on the next step of their education journey,” said Kevin Miller, President and CEO of Addition Financial Credit Union....

Suncoast Credit Union Launches Treasury Management Services

May 22nd, 2024821 TAMPA, FLA. (May 22, 2024) — Suncoast Credit Union, Florida’s largest credit union, announces the launch of its treasury management services, offering a suite of commercial products and services including automated clearing house, remote deposit capture, and fraud prevention tools. Through a partnership with Tru Treasury, a leader in treasury management solutions, commercial business members will be able to maximize efficiency and control for payment processes, simplify billing to receive payments faster, improve cash flow, eliminate paper checks, and utilize enhanced fraud protection tools. This partnership underscores our...
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