Archive for the 'branches' Category

American 1 and Premier Financial to Merge

 

 

 

NEWS RELEASE

Contact: Kristi Latoszewski

For immediate release VP, Marketing and Communications

April 25, 2011 (517) 787-6510

klatoszewski@a1fcu.org

American 1 Federal Credit Union and Premier Financial Credit Union to Merge

Jackson, MI American 1 Federal Credit Union (American 1) and Premier Financial Credit Union (Premier Financial) have announced plans to merge in 2011; American 1 being the surviving organization. After months of research and negotiation, the Board of Directors for both organizations has approved the merger. The joining of the two credit unions will result in American 1 serving nearly 50,000 Members in the state of Michigan, with assets exceeding $240 million.

“Premier Financial Credit Union has served the financial needs of our membership for 73 years. In this environment, it’s been challenging to maintain the financial position and growth needed to provide the products, services and locations our members want and need. Our partnership with American 1 will allow us to fulfill our mission and provide the added benefits our members deserve,” stated James Safian, Premier Financial’s CEO.

The merger is slated to be legally complete late summer of 2011, when Premier Financial’s nearly 7,000 member’s accounts transition to American 1. Premier Financial currently offers two locations in the Metro Detroit area. Both of these branches will remain open and American 1 has plans to expand the hours of service for the membership.

“American 1 Federal Credit Union was identified as the ideal merger partner because they are committed to providing superior member service. They have a proven history of financial stability and growth and they are committed to giving back to the communities they serve.” Safian said.

“American 1 Federal Credit Union looks forward to serving the members of Premier Financial Credit Union. This merger is a partnership and a new beginning as both of our credit unions move toward uniting our members, services and operations,” said Dave Puckett, American 1’s President and CEO. American 1 Federal Credit Union is a member-owned, not-for-profit financial institution based in Jackson, Michigan. In 2010, American 1 Federal Credit Union had an outstanding return on assets of 1.72%. The notable results placed American 1 in the top 4% of more than 7,000 credit unions in the United States for net income. American 1 Federal Credit Union offers a wide range of consumer banking services with a specialty in auto loan expertise.

Since 1950, American 1 Federal Credit Union serves over 42,000 members in Jackson, Hillsdale, Washtenaw, and Calhoun counties. American 1 is federally insured by the NCUA. More information, including current financial statements, for American 1 can be found at http://www.american1fcu.org.

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American 1 holiday hours 2010

snowy pine cone

We’re quickly approaching the holiday season. Here are our branch closing hours from Thanksgiving to New Year’s:

  • Branches closed Thursday, Nov. 25 for Thanksgiving
  • Branches will close early, at 1 p.m., on Friday, Dec. 24 for Christmas Eve
  • Branches closed Saturday, Dec. 25 for Christmas
  • Branches closed Saturday, Jan. 1 for New Year’s Day

Have a safe and happy holiday season!

Branches opening late for fall quarterly

American 1 branches will open later on Wednesday, Oct. 13 for our quarterly staff meeting.

Jackson-area branches will open at 10 a.m., while those branches outside of Jackson will open at 11 a.m.

We do these quarterly meetings for staff training, education, and team-building once a quarter, usually in October, January, April, and July – and usually in the middle of the month.

Sorry for any inconvenience!

Enjoy a free root beer float on us

Free root beer floats!

As a treat, we’re giving away free root beer floats to anyone who stops into our branches during September.

We’re celebrating America’s car culture all month long, and the auto loan experts at American 1 are going to try out hands at being root beer float experts. We’ll see how it goes.

Stop by these branches for your free treat:

  • North St.: Thursday, Sept. 9, 11:30 a.m. to 1 p.m., 3-5 p.m.
  • Grass Lake: Thursday, Sept. 9, 3-5 p.m.
  • Vandercook: Thursday, Sept. 9, 2-5 p.m.
  • Home Office: Friday, Sept. 10, 10 a.m. – noon, 2-4 p.m.
  • Battle Creek: Friday, Sept. 10, 2-4 p.m.
  • Hillsdale: Thursday, Sept. 16, 2-4 p.m.
  • Parnall: Friday, Sept. 17, 2-4 p.m.
  • Brooklyn: Friday, Sept. 17, 3-5 p.m.
  • Chelsea: Friday, Sept. 10, 11 a.m. to 1 p.m.

When you’re at the branch, be sure to vote for your favorite car company, and get pre-approved for our payment-free auto loan promotion!

Pres. Buchanan $1 coin released this Thursday

This Thursday, the U.S. Mint is releasing the newest Presidential $1 coin, featuring our 15th president James Buchanan. Buchanan is the third coin released in 2010, with the fourth being Abraham Lincoln in November.

You can view the $1 coin release schedule over at the U.S. Mint.

We’ll probably have the newest Presidential $1 coin at our branches starting Thursday, but ask to see if we have any of the previous presidents on hand, too.

Branches closed for Independence Day holiday

All American 1 branches will be closed Monday, July 5 in observance of the Independence Day holiday.

Branches will open at their normal hours on Tuesday, July 6.

Have a great Fourth of July weekend!

Closing early for Annual Meeting

American 1’s Home Office will close early on Thursday, June 17 to prepare for our annual meeting.

Our lobby will close at 6:30 p.m., a half-hour early. The Drive Thru on Perrine St., however, will stay open until 7 p.m.

Sorry for any inconvenience!