Central Sunbelt FCU Officially Becomes Sunbelt FCU


March 25, 2019

 

Occasionally companies decide to change their name and more often than not, there are multiple reasons at play. Take, for example, Central Sunbelt Federal Credit Union, who is now known as Sunbelt Federal Credit Union (or Sunbelt for short). This is marked as the 3rd name change since it’s original inception as Masonite Employees Federal Credit union in October of 1953. Both name changes are in a way directly related to new ownership – but not in ways you may think.

Masonite Employees Federal Credit Union officially became Central Sunbelt on January 1, 1983, due to the expansion of its membership; no longer restricted to only serving employees of Masonite in Laurel Mississippi. The fact is; Sunbelt is member-owned, meaning that every single person who has an account with as little as five dollars on deposit is a co-owner of this not-for-profit financial institution. In a way, ownership changes by the day, along with the ever-increasing ease to become an account holder and owner of this credit union.

Sunbelt is no longer the ‘exclusive club’ it once was, serving employees of one or a few companies. Getting an account is easier than ever before; meaning more Mississippians can take advantage of unique credit union benefits. Sunbelt, its staff, the board of directors, and most of all its members have a voice, and they believe that competitive banking services belong in the hands of every person. These services include checking accounts that pay 3% APY, low rate loans as little as 1.49% APR, and free financial wellness programs.

With a growing number of offices stretching across the state, one could easily argue the word ‘Central’ did not have a true geographic purpose to either Mississippi or the Sunbelt of America. If it ever did, Sunbelt begs the question of why limit who can join? Shared Branching gives Sunbelt members access to over 5,500 locations across the USA, which is how Sunbelt can serve members in over 40 states. With the tenth office opening soon and many more to come, Sunbelt is excited to continue to bring full-service banking services to more places and more people of all walks of life.

Press Contact
For media inquiries, please contact Sunbelt FCU via email at marketing@sunbeltfcu.org

Sunbelt Federal Credit Union is a not-for-profit financial institution serving members across the state of Mississippi. This credit union is federally insured by the National Credit Union Administration. Qualifying is required for membership, financing, and select products and services. APR = annual percentage rate. APY = annual percentage yield.