Press Releases

Recent Press Releases

  • Greenville Federal Credit Union named Best Family Bank in the 2025 KABOOM Awards.

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    On January 29, 2025, Kidding Around® Greenville announced Greenville Federal Credit Union as the winner of “Best Family Bank” in its 2025 KABOOM Awards competition.

    Launched in 2023, the Kidding Around Greenville KABOOM Awards gives readers the opportunity to vote online for the best family-friendly organizations in Upstate SC, across 40+ categories. The 2025 winners were determined based on number of reader votes. 

    The KABOOM Awards process is broken down into two stages, nominating and voting. In the Nominating stage, readers nominate their favorite organizations to determine who will be on the official KABOOM voting ballot. The organizations with the most nominations then appear on the official voting ballot to determine the winners.

    Greenville Federal Credit Union was nominated for Best Family Bank under the Best Family Resources category. Other nominees in the Best Family Bank category included Truliant, United Bank, Truist, and Bank of Travelers Rest.

    “We are grateful to be recognized for our efforts to serve the needs of families in our community,” said credit union CEO Paul Hughes. “Supporting local children, families, and educators through our community outreach initiatives has always been a top priority. Whether sponsoring programs for Greenville County Schools that impact teachers and students, or facilitating financial literacy workshops for area non-profits, we understand that offering consistent support to families through every life stage can make a huge difference in their overall financial wellness.”

    The credit union offers traditional deposit and loan services as well as free financial counseling and other wellness benefits for members. Its Youth and Student Membership programs are designed to help educate younger members about managing money within a financial institution, and to motivate them to save and spend their money wisely. 

    To learn more about this year’s KABOOM Awards, visit: https://kiddingaroundgreenville.com/top-family-banks-greenville-sc-kaboom-awards-winners (external link.)

    posted by Catherine James, SVP Marketing and Brand Strategy 2025-01-30

  • Greenville Federal Credit Union provided more than $1M in local loan assistance in wake of hurricane disaster.

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    Special Relief Loans were needed to repair damage, remove debris, and replenish lost food and supplies.

    Less than five days after Hurricane Helene stormed through Greenville and Western North Carolina in late September, Greenville Federal Credit Union launched a special low-rate loan to help members cover immediate financial need during the crisis. Available to all members and community, the Special Relief personal loan offered a low 4.99 % APR fixed rate to help members pay for a range of uses including tree removal, damages, lost wages, insurance deductibles, food replacement, and appliance replacement.

    “Once the credit union regained power and opened the majority of our branches after the storm, we focused our efforts on identifying how we might best support our members and community through this historic event,” said Paul Hughes, credit union President and CEO. “It became clear almost immediately that many people across our area were suddenly facing extreme financial burden beyond the typical weather-related power outage problems. We knew offering access to a low-cost personal loan option would be the best way we could help.”

    With more than 200,000 homes in Greenville impacted by power and internet outages for days after the storm, finding ways to share disaster assistance information and resources with members and the community became the credit union’s top priority. The credit union helped spread information quickly through a coordinated communication plan and good “old-fashioned” word-of-mouth.

    Over 330 people applied for special relief loans during the weeks following the hurricane with most requesting the funds to help make rent payments, pay for damages, and replace food spoiled during the lengthy power outage. The credit union’s lending and member service teams pivoted their activities to focus solely on processing, reviewing and underwriting incoming applications, and funding loans as quickly as possible.

    Four months after the hurricane, the credit union is now seeing a steady inflow of FEMA reimbursements, insurance claim disbursements, and internet service refunds to member accounts. “We are glad to see so many members are now receiving additional assistance to help stabilize their finances ahead of holiday spending,” continued Hughes. “As Greenville’s credit union, our goal is to always step up to make financial services and resources affordable and accessible for all - in good times and in bad – because in doing so, we help improve the well-being of our members and community.”

    posted by Catherine James, SVP Marketing and Brand Strategy 2025-01-02

  • Greenville Federal Credit Union named SHARE 2024 Corporate Partner of the Year

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    Sunbelt Human Advancement Resources, Inc. (SHARE) announced Greenville Federal Credit Union as the recipient of its 2024 SC State Head Start Association Corporate Partner of the Year Award in November 2024.

    The credit union was awarded this recognition for its year-long commitment to developing and delivering a variety of flexible financial literacy programs to support the family outcome goals of SHARE’s Parent Community Engagement Framework.

    Throughout the year, the credit union conducted free hybrid financial literacy workshops for Head Start parents and employees, which allowed flexibility for families to attend in person or remotely. To encourage attendance, engagement, and practical application of lessons, incentives were distributed to participants at each monthly workshop.

    “This partnership was designed to provide training on budgeting basics, banking basics, credit scores and loans, healthy debt, homebuying basics, and saving for the future. Additional topics were chosen based on parent feedback and need,” said Patrice Hawthorne, SHARE Family Partnership Facilitator. “By collaborating with the credit union, SHARE Head Start strengthened our ability to help families move toward their economic mobility goals and achieve better outcomes for children and families.”

    “We are grateful to work with such a strong partner in our efforts to foster financial wellness for individuals, families, and the neighborhoods we serve across Greenville County,” said Sarah Bell, credit union Director of Community Engagement. 

    In addition to financial literacy workshops, the credit union donated $5,000 to Roper Mountain Science Center to bring its popular program, “Science on Wheels” to all Greenville County Head Start locations during the spring. Ten four-year-old classes enjoyed the classroom-based program, “Habitat Hunters – Are You My Home?”, where students met three live animals from the science center’s collection and learned what each animal needs to survive.

    “Greenville Federal Credit Union staff are passionate about serving all aspects of the community and supporting Head Start programming to fulfill the family outcome goals of the Parent, Family, and Community Engagement Framework,” continued Hawthorne.  

    The credit union will continue its partnership with SHARE in 2025 by providing additional opportunities for the Parent Community Engagement Framework.

     

     

     

     

    posted by Catherine James, SVP Marketing and Brand Strategy 2025-01-02

For Media Inquiries 

Catherine James 
SVP Marketing and Brand Strategy 
864.235.6309

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