Sunstate Federal Credit Union to become state-chartered Radiant Credit Union
GAINESVILLE, FL (December 14, 2020) — The membership of SunState Federal Credit Union recently voted to convert the credit union’s charter from federal to state.
SunState Federal Credit Union, a financial fixture with a rich 60+ year history of serving the North Central Florida region, will open their doors on January 4, 2021, as Florida state-chartered Radiant Credit Union.
SunState Federal Credit Union began in 1957, as Florida USDA Federal Credit Union. In 1993, the credit union changed its name to SunState Federal Credit Union, in order to reflect its evolution into a major financial resource for the communities and members then being served. More change came in 1999, as SunState FCU converted from an occupational-based federal charter, to a community-based federal charter, serving anyone who lived, worked, worshipped, or attended school in 5 North Central Florida Counties.
From the very beginning, the Credit Union has been committed to exceeding member expectations while maintaining financial strength through the delivery of high quality financial products and services. This commitment will continue to be upheld through Radiant Credit Union.
The new state charter gives the credit union greater flexibility to expand service beyond the current markets served today, while positioning Radiant to realize greater efficiencies and economies of scale. These benefits will allow Radiant Credit Union to continue offering competitive rates on savings and loans, while continually improving technology and service offerings.
Cynthia Brochu, SunState/Radiant Board Chairman, stated, “The new charter and name encompasses our mission and purpose, while communicating the fact that all are welcome to join the credit union. As Radiant Credit Union, we will continue our legacy of serving North Central Florida by enriching the lives of our members.”
“Radiant, as a name, is all about our membership and the areas we serve,” says Tom Barnard, President/CEO, “Becoming Radiant Credit Union is only the start of our transformation, as we have already begun refreshing branches, improving our website, introducing new technology, services, and more. This all reflects our ongoing commitment to meet the changing needs of our membership and our communities.”
About Radiant Credit Union
Radiant Credit Union, formerly known as SunState Federal Credit Union, is a capable, intuitive, and forward-thinking credit union with empowered employees. Radiant’s vision is to provide seamless, innovative, and unique offerings for our members helping them to attain long-term success. Radiant Credit Union, a member-owned financial cooperative originally founded in 1957 by Alachua County, Florida, employees of the United States Department of Agriculture, has more than $560 million in total member assets. Radiant Credit Union is headquartered in Gainesville, Florida and serves over 42,000 members throughout North Central Florida.
