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Addition Financial Credit Union

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ADDRESS1000 Primera Blvd. Lake Mary, FL 32746

Addition Financial Credit Union

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ADDRESS1000 Primera Blvd. Lake Mary, FL 32746

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e-Interview

In conversations with Newsweek, Aaron Sanders, Senior Public Relations Specialist at Addition Financial Credit Union, answered the following questions:

1. How does the history of your institution inform its present-day policies?

A group of 23 educators in Central Florida founded the credit union in 1937 as a solution to provide better financial services to teachers than what banks were providing. As time went on, and membership grew, the credit union expanded services and its field of membership to include community members beyond only teachers.
However, the philosophy behind those modest beginnings still informs our mission today. Addition Financial exists solely for the benefit of our members, by being a trusted partner that puts the financial well-being of those members, team members and community at the heart of everything we do. Our focus on providing exceptional personalized service stands in contrast to other, large banks and financial institutions.
The fact that educators founded our credit union drives our passion for providing financial education and resources and giving back to our community through philanthropy and service.

2. How would you describe your company's contribution and commitment to its community?

At Addition Financial, we believe in giving back because it's the right thing to do. We foster a culture of community service through example and opportunity. All team members at the credit union receive 16 hours of paid volunteer time per year, to give back to the charitable organizations of their choice.
Addition Financial team members provide regular financial education events, workshops, and webinars to various groups and partners, from local public-school districts and colleges, to new homeowners. In our branches, our teams take the time to understand our members' financial needs and provide them with the necessary information and resources to find the right products and services that make the most sense for them and their families.
Our charitable arm, the Addition Financial Foundation awards grant funds yearly to nonprofits in Central Florida, awards scholarships to local high school and graduate students, and even provides free classroom renovations to local schools.

3. What key benefits and permanent features does your company offer to customers?

At Addition Financial, our members have access to wide variety of high-value products and services designed to provide convenient banking options to help anyone along their financial journey. As a not-for-profit financial cooperative, our members will receive better savings rates, better loan rates and fewer fees.

We offer a Skip-A-Pay option to our loan-holding members, to provide flexibility to skip a loan payment for one month on qualifying loans.

Our credit union understands the importance of convenience for our members, and offers the following benefits:
* Checking with no service fees or minimums
* Mobile money management with a top rated app
* 1,200+ free ATMs
* Early pay with direct deposit
* Great savings rates with automatic ways to save
* Competitive home, auto, and credit card loans for every need
* Nationwide shared branch access
Addition Financial also offers members discounts on everything from auto and life insurance to goods and services such as car rentals and tax preparation.

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