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The credit union partners regularly with education-focused non-profit organizations, such as A Gift For
Teaching, and maintains close ties with Orange County Public Schools, Seminole County Public Schools, Lake County Public Schools and Osceola School District. In 2018, Addition Financial launched
556:
in 2018. Through its college and university partnerships, Addition
Financial offers on-campus ATMs, financial education workshops, scholarships, event sponsorships and other support for students, faculty and staff. In 2016, Addition Financial was the second company to pledge its support to the new
466:
Addition
Financial was founded in 1937 by a group of 23 educators who aimed to create a better financial alternative to what the banks were offering. When it was first established, the credit union was named Orange County Teachers Federal Credit Union, as it served educators in
471:
at that time. Over the years, the credit union changed its name to
Central Florida Educators Federal Credit Union, then shortened its name to CFE Federal Credit Union, as it broadened its field of membership to a community charter and began to serve consumers in
564:
Addition
Financial also provides scholarships through its annual Joseph A. Melbourne Jr. Scholarship Program. Each year, the credit union offers scholarships for six high school seniors in Florida and two UCF graduate students.
545:. When the credit union changed its name in 2019, the arena was renamed the Addition Financial Arena. On August 18, 2022, UCF announced that Addition Financial had extended their naming rights for the facility through 2034.
529:
Addition
Financial participates in several community outreach activities and initiatives that relate to their background in education. In 2008, Addition Financial opened its first student-run high school branch at
568:
Addition
Financial offers free financial education workshops both in person and virtually for its community partners. The credit union also provides free webinars and seminars, financial education blogs and the
517:, including checking and savings accounts, loans, mortgages and investment services. In addition, the company provides specific products designed for educators. Addition Financial offers co-branded affinity
561:
its
Renovate to Educate Contest, selecting public school teachers from its partner school districts to receive a classroom makeover, designed by Interior Design interns from Seminole State College.
497:
Also in 2019, Addition
Financial was one of the first credit unions in the state of Florida to purchase a bank. In August of that year, the credit union acquired Fidelity Bank of Florida, a
494:
In 2019, in order to expand outside of the realm of education and eliminate confusion surrounding who was eligible to join, CFE changed its name to
Addition Financial Credit Union.
458:. The credit union is a member-owned, not-for-profit financial cooperative with 26 branches in six counties, with its field of membership currently open to 26 counties in Florida.
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In 2011, the credit union (then CFE Federal Credit Union) acquired UCF Federal Credit Union, which bolstered its presence in the higher education community and at the
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534:. This program has expanded to serve nine high schools across Orange, Seminole and Osceola counties.
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679:"CFE Federal Credit Union Acquires Naming Rights for UCF Arena | University of Central Florida News"
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In 2013, Addition Financial (then CFE Federal Credit Union) acquired the naming rights for the
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880:"New name coming for CFE Arena at UCF — it'll be Addition Financial Arena on May 1"
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928:"CFE Federal Credit Union named preferred credit union of Seminole State College"
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blog series to help community members cope with the challenges of the
729:"CFE Federal Credit Union Plans to Change Name to Addition Financial"
904:"Addition Financial, UCF Extend Naming Rights Agreement for Arena"
34:
may have been created or edited in return for undisclosed payments
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In 2014, Addition Financial became the preferred credit union of
704:"CFE and Seminole Schools Federal Credit Union announce merger"
491:. In 2015, CFE acquired Seminole Schools Federal Credit Union.
430:
393:
24:
831:"Debit Cards | Savings & Checking | Addition Financial"
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The credit union offers a range of consumer and business
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based in Merritt Island, thus expanding its footprint to
1100:"Addition Financial Focuses on Optimism in New Campaign"
977:"CFE Federal Credit Union Pledge $ 1.5M to UCF Downtown"
807:"Addition Financial plans to expand in Orlando area"
576:
In March 2020, Addition Financial also launched the
98:, and by adding encyclopedic content written from a
40:. It may require cleanup to comply with Knowledge's
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1154:Financial services companies of the United States
1135:
727:March 18, Peter Strozniak |; AM, 2019 at 08:00.
766:June 07, Peter Strozniak |; AM, 2019 at 09:00.
683:University of Central Florida News | UCF Today
557:UCF Downtown Campus, pledging $ 1.5 million.
552:, and was named the preferred credit union of
1122:: CS1 maint: numeric names: authors list (
790:: CS1 maint: numeric names: authors list (
751:: CS1 maint: numeric names: authors list (
602:"Member Benefits | Addition Financial"
1098:March 31, Tina Orem |; AM, 2020 at 09:42.
652:"Membership Counties | Addition Financial"
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1051:"Events | Community | Addition Financial"
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118:Learn how and when to remove this message
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1075:"Making It Count on Apple Podcasts"
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550:Seminole State College of Florida
450:) is an American state-chartered
951:Lynch, Ryan (November 8, 2018).
768:"Why Bank Deals Are on the Rise"
525:Community outreach and education
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448:Addition Financial Credit Union
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157:CFE Federal Credit Union
216:26 branches (2021)
627:"Credit Union Details"
509:Products and services
100:neutral point of view
46:neutral point of view
884:orlandosentinel.com
417:Number of employees
411:162,945 (2020)
378:Investment Services
375:Retirement Planning
345:President & CEO
329:Counties in Florida
212:Number of locations
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92:promotional content
1104:Credit Union Times
772:Credit Union Times
733:Credit Union Times
456:Lake Mary, Florida
444:Addition Financial
204:Lake Mary, Florida
176:Financial services
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275:Indian River
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200:Headquarters
166:Credit union
162:Company type
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90:by removing
86:Please help
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543:UCF Knights
519:debit cards
433:.additionfi
222:Area served
1138:Categories
1109:2020-10-26
1084:2020-10-26
1060:2020-10-26
1036:2020-10-26
1012:2020-10-26
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588:References
484:counties.
369:Home Loans
366:Auto Loans
335:Key people
291:Okeechobee
88:improve it
932:CUInsight
708:CUInsight
573:podcast.
539:UCF Arena
319:St. Lucie
315:St. Johns
267:Highlands
108:July 2022
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1118:cite web
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474:Seminole
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311:Sarasota
299:Pinellas
263:Hernando
235:Seminole
172:Industry
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482:Osceola
462:History
426:Website
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