Local Credit Union Support Businesses to Retain and Improve the Financial Health of Workers
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SRQ DAILY MONDAY BUSINESS EDITION
MONDAY JAN 9, 2023 |
Founded in 1958, Financial Access Federal Credit Union have added new Select Employer Groups (SEG), Associations and Organizations, and are pleased to say we are growing! We continue to serve individuals who live, work, attend school or worship in the CDFI Investment Eligible Areas of Manatee and Sarasota counties to provide comprehensive, innovative, personalized, and affordable products. We are making a difference in the community. Financial Access FCU’s providing a loan resulted in saving an employee’s job! Kelly Quickel of New Dawn Electric, one of our Select Employer Groups, recently shared an employee success story with us. "New Dawn Electric was approached by Financial Access Federal Credit Union to be able to provide financial products to our team of employees who may not have had access to them otherwise. Under our employer umbrella, these products have more favorable interest rates than other banking institutions just because of the mere fact that our employees are working for our organization, which is aligned with FAFCU. We had a dynamic individual in our office who had started working for us in June. Unfortunately, she was staying with her parents who suddenly moved to South Carolina, and she was faced with a decision. She had just relocated from Colorado and didn't have the means to stay in this area in a moments' notice, with the rising cost of living surge. She was about to turn in her notice and move out of the state when it clicked with her that she had access to a program for a loan thru FAFCU. She quickly applied and was approved, and this loan gave her the means to secure an apartment with a down payment and first month's rent. This stellar individual has been able to not only stay with us but become a key employee in our organization. A true rising star who just needed a break. We are grateful to FAFCU for being there for our employee and our company and would encourage other Bradenton/Sarasota Employers to find out more about their programs to help everyone continue to better themselves and their organizations!"
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