News

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Scholarship Rewards Giving Back; Apply Now

Applications are now being accepted for our $1,000 Eddie Reeves Community Commitment Scholarship, available for a student who is a model leader serving his/her community. The scholarship remembers Mr. Reeves, a credit union volunteer and board chairman who served Family Trust for over 30 years.

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Board names new CEO for Family Trust

Penny Pratt of Sumter, who has over 30 years of experience in the financial industry, has been named president and CEO of Family Trust Federal Credit Union, according to Brown Simpson Jr., board chairman.

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Holiday Happiness on the Way

Grandmother’s house is on the horizon and Christmas will be here before you know it. Family Trust is ready with special offers to help you wrap it up in style.

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Apply for Teacher Grant by Nov. 14

Educators have until Nov. 14 to apply for one of our twenty $500 Teacher Grants. This year we raised the amount for an individual grant to $500 from $250. Family Trust members who are public, private or home school educators can apply online.

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New Terms, Limits Approved by the Board

Members of the Board of Directors recently approved a bylaw change that allows them to serve three-year terms instead of two beginning in 2017. Board members also will be limited to serving three consecutive terms or nine years. After nine years, a director can run again following a one-year absence.

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Adjustable Rate Brings Homebuyer to Family Trust

Andres Romero had never heard of Family Trust before he got an adjustable rate mortgage here, but now he’s telling family and friends about us.“It was a very positive process,” he said, adding he plans to relocate to Rock Hill from New York. “It was a great experience.”

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To Rollover Or Not To Rollover, That Is The Question

One of the most common financial questions people ask me goes something like this: “I used to work for and I had a 401(k) there. I left my job but never did anything with my retirement account. Should I just leave it alone or do I have other options?”

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Malware Found on Spotify Music Downloads

People using the free version of the Spotify music service have recently been the targets of malicious advertising. Some users have complained that even when performing no action at all, ads on the site were launching their default web browsers. It is not known at this time what actions the ads do once the new popup is open, but that may just be because no one has figured it out yet