Florida Credit Union celebrated a major milestone in reaching $1 billion in assets, announced this week. Mark Starr, FCU president/CEO, credits the credit union’s success to its efforts to focus on member needs and add products, services and technology to remain a leader in the industry.
“Our decisions and efforts always focus on our members’ needs, and how we can better meet all of their expectations,” said Starr, who first joined the credit union in 1996. Over the years, the credit union has evolved and added products, services and technology to remain a leader in the industry. The continuous growth of our membership is a testament to the success of our strategies.”
Florida Credit Union regularly strives to improve member service with a focus on convenience. Over the past few years, FCU has enriched its electronic channels, including updated online loan and membership applications and an enhanced mobile banking application. FCU also heavily invested in improvements ranging from back office loan processing to advanced electronic services like Popmoney.
“Florida Credit Union, is a strong, viable financial institution for its members.” said Starr. “Our stability and
continuous growth leaves us well positioned in today’s financial arena to meet all the needs of our
members. We reached a significant milestone and are looking forward to continued success for our
members, our employees and the communities that we serve.”
Established in 1954 as a state-chartered credit union for teachers, FCU was originally named the Alachua County Teachers’ Credit Union, and was owned and operated by teachers working in the Alachua County School System. After the first annual meeting in 1955, FCU began to add more school systems, community colleges, and other educational groups in the area, which helped grow and improve the credit union’s offerings.
Florida Credit Union has since grown to 11 branches and serves 30 counties across North and Central Florida.