Exciting News: Merger with City & Police
A message from CEO Rose Gunter:
Over the past 18 months, our Board and Senior Management have developed a relationship with City & Police FCU that has evolved into a partnership that will unite our financially strong and healthy institutions. Together, we will continue to be dedicated to serving those on the frontline, including healthcare, law enforcement, and City of Jacksonville workers as well as our existing select employee groups. This strategic merger, which is pending the approval of its members and our regulators, will increase our resources to add value to both memberships, make a greater impact in the communities we serve, and provide our employees with more growth opportunities.
The merger will expand our branch network and increase potential opportunities for expansion and innovation. Our combined credit union will operate under the Alive brand and our current State charter. We will add a tagline to our logo that identifies police, city, and healthcare. We will retain the same friendly faces and provide the service our members are accustomed to at both of our credit unions, which have very similar cultures.
Once the merger is completed, as early as December 31st, Aaron Logue, City & Police FCU’s CEO will become Alive’s CEO. Those of you who know Aaron can attest to his strong character work ethic, and commitment to the credit union movement. He will be a great leader for our credit union. Aaron worked with us from 2010 – 2012 as AVP of Compliance & Risk Management before becoming the CEO of CPFCU, and before that, he was our auditor with Smoak Davis and Nixon. He served on the NEFL Chapter board for nine years, including as the President for several years. He currently serves on LSCU’s Florida Advocacy Committee. Our senior officers will remain the same: Cindy Smith, SVP Operations, Ricky Joshi, CFO, Shanaz Abadi, VP Member Experience, and Jocelyn Jones, VP Lending. Personally, I have thoroughly enjoyed working in two credit unions for over 43 years and will greatly miss the meaningful work we do, and each of you. However, my husband and I have really been looking forward to my retirement for quite a while.
Both credit unions plan to announce to our members next week after each of you has had time to learn additional details about this wonderful opportunity that will mutually benefit both of our credit unions. Please reach out to me with any questions or bring them to our training sessions next week. We will have additional information and commonly asked questions that will help answer any member’s questions.
On behalf of our Board of Directors and Senior Management team, who unanimously endorse this merger, thank you in advance for supporting our efforts to grow and preserve the legacy of both credit unions.