X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ORLANDO, Fla.-NCUA has approved Central Florida Healthcare Federal Credit Union for a TIP-Trade, Industry or Profession-common bond. CFHCFCU, with 12,000 members and $50 million in assets, is the first health care industry credit union in the nation to be granted a TIP charter and only the second TIP to be approved. NW Preferred was the first approved in late October. Persons who work in the medical profession in five central Florida counties, including Orange, Osceola, Seminole, Volusia and Lake, are now eligible to join the credit union. “This innovative approach by NCUA for providing financial services is the turning point for success in the future for credit unions like ours,” CFHCFCU’s CEO Trudy Prince said. “This expansion of our field of membership opens up opportunities we were not seeing with SEG development. Our board has remained committed to serving the needs of the medical community, and now we can do that on a much broader basis. This is a very exciting time for our credit union.” CFHCFCU was originally chartered in 1955 by NCUA to serve employees of Orange Memorial Hospital, now Orlando Regional Medical Center.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.