My Healthcare FCU receives new charter to expand service to healthcare professionals

Eric Nystrom, president/CEO of My Healthcare Federal Credit Union based in Gainesville, Fla., announced the credit union has been granted a Trades, Industries and Practices (TIP) charter to serve any employee throughout the state of Florida who works in the healthcare field.  The new charter, approved by the National Credit Union Administration on Sept 30, […]

Eric Nystrom, president/CEO of My Healthcare Federal Credit Union based in Gainesville, Fla., announced the credit union has been granted a Trades, Industries and Practices (TIP) charter to serve any employee throughout the state of Florida who works in the healthcare field.  The new charter, approved by the National Credit Union Administration on Sept 30, 2019, expands the credit union’s potential field of membership from 16,000 to more than 500,000.

My Healthcare FCU most recently served employees of 27 Select Employee Groups (SEG) predominantly in Florida with most members located in the Gainesville, Fla., area, including employees of UF Health/Shands and North Florida Regional Medical Center, a Hospital Corporation of America (HCA) hospital. Outside of the Gainesville area, the credit union primarily served current and former HCA hospitals including two facilities in northern Virginia.

The new boundaries will allow the credit union to take a carefully considered approach to reaching out to potential members while still including HCA hospitals throughout the state.  With two branches in Gainesville, My Healthcare FCU has no immediate plans to open new locations.

“We believe one of our primary strengths is in our singular focus on serving employees in the healthcare field,” said Nystrom. “In order to grow and remain viable, we sought a TIP Charter through the NCUA. Our plan with the expanded field of membership is to grow strategically, beginning in the greater Gainesville/Ocala/Lake City areas and working concentrically outward.”

Written by
admin
View all articles

About Us

The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

LSCU Mission Statement

To create an environment that enables credit unions to grow and succeed.

LSCU Vision Statement

To be the trusted advocate and preferred source of information for credit unions.

If you need to reach us, e-mail communications@lscu.coop

Social Channels

Follow us on all major social media platforms.