Tampa, FL (November 1, 2018) – On October 26, Tampa Bay Federal Credit Union was the first financial institution in Tampa to receive the Juntos Avanzamos (Together We Advance) designation. Tampa business and community leaders, members, and local organizations came together to celebrate in the Juntos Avanzamos Flag Raising Ceremony.
Originated in 2005, the Juntos Avanzamos designation, “Together We Advance,” is a testament for credit unions, which have a vision and commitment of serving the Hispanic community. The program ran by Inclusiv and supported by the League of Southeastern Credit Unions and Affiliates partners with credit unions to employ strategies to help those with modest means reach financial independence.
“The League of Southeastern Credit Unions is thrilled to congratulate Tampa Bay Federal Credit Union on their Juntos Avanzamos designation. Their dedication to helping underserved populations truly exemplifies the “Credit Union Difference.” We look forward to seeing the exciting new opportunities this will bring to the Tampa Bay community,” states Jordan Burroughs Director of Membership Relations, League of Southeastern Credit Unions & Affiliates.
In order to receive this honorable designation, a credit union must complete the extensive application process and demonstrate what initiatives it implements to serve the needs of the Hispanic market.
Over the past decade, Tampa Bay Federal has dedicated efforts to meet the needs of the growing Hispanic community in Tampa Bay by providing affordable financial services and promoting financial inclusion for all. Tampa Bay Federal recently opened a new service center to expand financial access to the underserved Spanish-speaking community. Tampa Bay Federal also works with local partners to create tailored marketing strategies for the Hispanic audience, such as the “Banconmigo” campaign (which translates to “Bank With Me” figuratively). Alongside marketing initiatives, Tampa Bay Federal focuses on community outreach by partnering with local organizations and sponsoring events to recognize the significant cultural and economic contributions of the Hispanic community.
Pablo DeFilippi, SVP of Membership and Network Engagement for Inclusiv released this statement saying, “On behalf of the Inclusiv Credit Union Network, I congratulate Tampa Bay Federal on becoming a Juntos Avanzamos designated credit union. The Hispanic community is an integral part of Florida’s economy and society. It is constantly growing and thriving. Over a quarter of Florida’s population is composed of Hispanics. Yet, Latinos continue to be invisible. And many remain under banked. Where mainstream financial institutions see risk, Tampa Bay Federal sees opportunity.”
Richard Grammatica, President/CEO of Tampa Bay Federal Credit Union commented, “Receiving the Juntos Avanzamos designation is an honor. It recognizes Tampa Bay Federal Credit Union’s long-term commitment to serving our Hispanic communities and all communities needing access to financial services while delivering The Tampa Bay Way and fulfilling our Mission – the betterment of our community, one member at a time.”
About Tampa Bay Federal Credit Union
Tampa Bay Federal Credit Union has been serving members changing financial needs for over 80 years in the Tampa Bay area. They are owned and operated by their members, so their earnings are returned to them in the form of higher savings dividends, lower loan rates, lower service fees, and more convenient services. Learn more at www.tampabayfederal.com
About Juntos Avanzamos
Juntos Avanzamos (“Together We Advance”) is a designation for credit unions committed to serving and empowering Hispanic and immigrant consumers – helping them navigate the U.S. financial system and providing safe, affordable and relevant financial services. Juntos Avanzamos credit unions employ bilingual, culturally-competent staff and leadership, accept alternative forms of ID and treat all of their members with respect, regardless of immigration status. The Juntos Avanzamos network is growing quickly; it currently includes 84 credit unions in 23 states, Puerto Rico and the District of Columbia. Learn more about Juntos Avanzamos at www.cdcu.coop/juntosavanzamos.