spot_img

Rebuilding after the Recession – GTE FCU’s Road to Recovery

Date:

Tampa, Fla.-based credit union shares story of finding footing after housing meltdown

With a front-row seat to the U.S. housing market implosion that began in 2007, Tampa, Fla.’s GTE Federal Credit Union has fought to regain its footing. Now, following two years of financial losses, branch closures and membership declines, the $1.5 billion credit union says it is back on track.

President/CEO Joe Brancucci joined GTE FCU in 2010 after serving as chief operating officer for Prime Alliance, which he founded in 2001. He and the credit union’s leadership team have worked to bolster the Credit Union and its community, and are the focus of the second-quarter Credit Union Strategy and Performance (CUSP). CUSP is Callahan & Associates’ quarterly publication highlighting credit union industry performance data and related commentary.

This content is for CU BUSINESS eMagazine , Special Deal: 2 websites , and NEW! The Leadership Team Builder Group Subscription members only.
Log In Register

Share post:

spot_img
spot_img

Popular

More like this
Related

Four-Pronged Customer Acquisition Strategy for Today’s Omni-Channel Environment

Customer acquisition, retention, and relationship expansion activity throughout the...

Digital Strategy & Millennial Magic

How fintechs like Pocketnest can help credit unions supercharge...

Affinity Federal Credit Union Increases High Yield Savings Rate to 3.50%

    The rate increase allows members to achieve their saving...

The Importance of Adding the Right Assets in Today’s Environment

In September of 2021, the 10-year treasury sat just...