Last updated 1 month ago
Jacksonville, Fla.; April 15, 2013 – Larry Rouse, Manager of Information Systems for 121 Financial Credit Union, has been promoted to Director of Information Systems, announced 121 Financial CEO William Braddock.
In his position, Rouse will be responsible for all aspects of the credit union’s information technology and cyber security.
Rouse has been with 121 Financial for 10 years. Prior to joining the credit union, he taught software applications for a major computer reseller. He then taught computer maintenance and repair as part of a government job training program, before moving on to computer consulting for major banks and healthcare providers in Jacksonville while also running a home PC repair business. Before working in the technology field in Jacksonville, he served 20 years in the Navy.
“Larry is a great resource for our credit union,” Braddock said. “With his extensive background in on-line security and fraud prevention, we believe we are in very good hands with Larry.”
121 Financial Credit Union offers full banking and loan services to any individual and small business located throughout Northeast Florida. Established in 1935, 121 Financial Credit Union has over 40,000 members.
Last updated 1 month ago
Sometimes, setting a budget is all about obtaining a better sense of where you stand. Knowing how much income you have and what you are spending will allow you to take stock of where you are and how you could improve.
In this video, personal finance guru Suze Orman offers some straight talk on what setting a budget actually means. She argues that people need to fully understand their income and expenses before they can develop a plan for the future.
At 121 Financial Credit Union of Jacksonville, we make understanding your finances easy with comprehensive online banking services. You can track your account balances and expenses all from the comfort of your home. To learn more about the benefits of membership, call us today at (904) 638-8026.
Last updated 1 month ago
As banks across the country tighten their lending standards and increase their interest rates, a number of American consumers have discovered the advantages of doing business with a financial institution called a credit union. Unlike traditional banking systems, credit unions are controlled by the account-holding owners of that particular institution. If you are interested in utilizing a credit union for you personal financial needs, don’t let these common myths about credit unions interfere with your decision.
Myth: Credit unions have a number of membership restrictions.
Even though membership to a particular credit union is contingent upon an individual’s participation in a particular workplace, region, or church group, most people can find a credit union in their area that they are eligible to join. In fact, a number of credit unions now employ “community charters,” which allow anyone who lives, works, or attends school in a particular surrounding region to become a member.
Myth: Credit unions offer fewer services than competing banks.
Today’s credit unions provide consumers with the same level of financial services as traditional banking institutions. These services include checking accounts, debit and credit cards, online banking, and savings and loan options. One advantage of using credit unions for personal banking is that these institutions don’t usually charge additional fees like ATM usage fees, check processing fees, or account transfer fees.
Myth: Credit unions don’t offer the same savings guarantee.
Even though money stored in a credit union isn’t backed by the FDIC, it’s backed by a separate, self-funded national insurance deposit fund. This fund is still federally guaranteed through the National Credit Union Administration. Because of this security, it is equally as safe for consumers to trust a credit union with their finances as it is to trust a competing big bank.
You can find out more about your credit union options by scheduling an appointment with 121 Financial Credit Union of Jacksonville. We offer a high level of personal service to help you with your financial needs. Our financial representatives are available at (904) 638-8026.
