Press Releases

Recent Press Releases

  • Credit union announces Andre Webb as the April "Community Hero."

    Greenville Federal Credit Union and The Greenville News announced Andre Webb as the April, 2021 "Community Hero" honoree. Webb is recognized for launching a food relief program during the pandemic that consistently provides food for more than 20 Latino families every week.  

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    The Greenville News Announcement Article: 
  


    The credit union is pleased to recognize Andre Webb for his passion and commitment to serving the local Latino population through Mosaic’s Food Relief and Educational and Arts Programs. 
  

    A plea for nominations.   Do you know an unsung hero? Each month nominations will be collected for candidates that work in health care, public safety, education, the military, nonprofit agencies and the business world, the religious sector, entertainment or athletics. They can be a student or a young child or a retiree, etc. The selected "Hero" will be profiled in the Greenville News and recognized at a County Council meeting.  

    If you know of someone that should be recognized nominate them by sending an email to: communityheroes@greenvillenews.com. 
 

    In your nomination, please explain why the person you are recommending is a community hero and your contact information.     

    posted by Catherine James, SVP Marketing and Brand Strategy 2021-04-16
  • Greenville Federal Credit Union introduces unique loan that allows Take-Backs™.

    April 2, 2021

    New loan option offers more control to borrowers.

    Greenville Federal Credit Union announced the addition of a new loan option from Kasasa® that enables borrowers to pay ahead on their loan balances but take those extra payments back in the future if they need it. As the first and only loan on the market with pay ahead and take-back features, the Greenville Federal Credit Union Kasasa Loan® will help reframe how members think about and control their debt.

    The credit union decided to expand its relationship with Kasasa to strategically differentiate its loan offerings and provide a better loan option for borrowers.

    “If we have learned anything throughout the last year, it is that members want to have more control over their finances, including how they manage and pay back their loans,” said credit union CEO Paul Hughes. “Traditional loans don’t allow much flexibility or control for the borrower once locked into a payment and term. Our Kasasa Loan puts members in a much better position to make the loan fit their changing circumstances and goals over time.”

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    With a dashboard that provides unprecedented transparency and control, the Greenville Federal Credit Union Kasasa Loan does not force borrowers to choose between saving for unexpected expenses or paying off debt. Instead, borrowers can still access those extra funds should something unexpected happen. Withdrawn funds are transferred into the borrower’s chosen account, and their payoff schedule adjusts automatically with no penalties or rate changes. 

    “Our loan rates are always some of the most competitive in the area and our loan service is without comparison. With the Kasasa option, the credit union can provide members the ability to save more money by paying down their debt faster, but with a built-in safety net should they need it,” said Hughes. “We are pleased to offer a loan that is unique to this market and provides members such a beneficial financial tool.”

    The credit union will make its Kasasa Loan the preferred option for personal and vehicle loans. Kasasa Loans are chosen by nine out of 10 consumers over comparably priced loans, according to a 2017 Kasasa consumer study, and 98% of consumers said they would refinance existing debt at the same rate in order to get a Kasasa Loan with the Take-Back feature.

    To learn more about the credit union’s Kasasa Loans please visit: 

    www.greenvillefcu.com/kasasa-vehicle-loans

    www.greenvillefcu.com/kasasa-personal-loans


    About Greenville Federal Credit Union 
    Greenville Federal Credit Union is a not-for-profit financial alternative to traditional banking with five branch locations in Greenville, Greer, and Mauldin serving more than 32,000 members.  The more than $340 million credit union was founded by nine teachers from the School District of Greenville County as an educator’s credit union in 1968.  In 2001, the credit union approved a conversion to a community-based charter to serve anyone who lives, works, worships, or attends school in Greenville County.  The National Credit Union Administration (NCUA), an agency of the federal government, insures all accounts up to $250,000. 

    About Kasasa 
    Based in Austin, Texas, Kasasa® is a financial technology and marketing provider committed to driving results for over 900 community financial institutions by attracting, engaging, and retaining consumers. Kasasa does this through branded retail products, including reward accounts, referral programs, and the only loan with Take-Backs, world class marketing, and expert consulting services. For more information, please visit www.kasasa.com.

    posted by Catherine James, SVP Marketing and Brand Strategy 2021-04-02
  • Credit union announces Stacy Sargent as the March "Community Hero."

    Greenville Federal Credit Union and The Greenville News announced Stacy Sargent as the March, 2021 "Community Hero" honoree. Sargent is recognized for her longtime, above and beyond service with Rebuild Upstate to make this community safer, healthier, and more livable.  

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    The Greenville News Announcement Article: 
 

     The credit union is pleased to recognize Stacy Sargent for her volunteer service and leadership with Rebuild Upstate as they work to help repair and preserve the houses occupied by low-income homeowners across our community. 
 

    A plea for nominations.  

    Do you know an unsung hero? Each month nominations will be collected for candidates that work in health care, public safety, education, the military, nonprofit agencies and the business world, the religious sector, entertainment or athletics. They can be a student or a young child or a retiree, etc. The selected "Hero" will be profiled in the Greenville News and recognized at a County Council meeting. 

    If you know of someone that should be recognized nominate them by sending an email to: communityheroes@greenvillenews.com. 

    In your nomination, please explain why the person you are recommending is a community hero and your contact information.    

    posted by Catherine James, SVP Marketing and Brand Strategy 2021-03-18

For Media Inquiries 

Catherine James 
SVP Marketing and Brand Strategy 
864.235.6309


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