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January 24, 2024 (Pensacola, Florida): As a not-for-profit financial cooperative founded over 70-years ago by employees of the City of Pensacola, My Pensacola Credit Union continues supporting the City and citizens of Pensacola by becoming the exclusive financial institution sponsor of the non-profit Friends of West Florida Public Library (FWFPL).
“As a corporate sponsor, My Pensacola CU is dedicated to helping Friends of West Florida Public Library succeed in their mission to improve literacy,” states James Phetteplace, President and CEO of My Pensacola Credit Union. “We are excited to partner with an organization that aligns with our goals to improve our local communities when it comes to various forms of literacy and education. Together our efforts and reach will have a greater positive impact on many.”
Friends of West Florida Public Library is a non-profit organization whose mission is to advocate for literacy and learning within the community. Board members and volunteers work tirelessly to raise funds through book sales, memberships, and donations.
“When I was first approached about this possibility, I was thrilled to find out this local business that has been here for 70 years was interested in partnering with us in our 50th year!,” said Linda Williams, FWFPL President. “Conversations have already started about ways we will be able to work together to encourage public support for our mission to advocate for literacy and learning as well as supporting our library systems."
Throughout the year, the Credit Union will look to support FWFPL by such actions as volunteering at and hosting book sales and other events, as well as providing marketing, digital and social media awareness. To learn more about this partnership and upcoming book sales and events, follow the Credit Union on their Facebook page at https://www.facebook.com/MyPensacolaCU/ or their website www.MyPensacolaCU.com, and FWFPL on this Facebook page at https://www.facebook.com/FriendsOfWFPL or their website www.friendsofwfpl.org.
Founded in 1953, My Pensacola Credit Union is a not-for-profit financial cooperative run for the benefits of those who are member-owners of the Credit Union. The earnings of the Credit Union, after expenses and reserves, are returned to the member-owners in the form of higher dividends, low-cost loans, and services. They believe in making a positive difference in people’s lives by listening and providing individual solutions with integrity via the financial products and services they offer.
Any person who lives, works, worships, or attends school in Escambia County, Florida, may belong to the Credit Union by opening a share (savings) account with a $5 membership deposit. The $5 deposit allows for a member’s active membership/ownership of the Credit Union, securing their membership for life no matter where they may live. As of December 2023, the Credit Union had approximately $84M in assets with approximately 4,600 members.