Fort Liberty Federal Credit Union

Last updated
Fort Bragg Federal Credit Union
Company type Credit union
Industry Financial services
FoundedApril 18, 1960;65 years ago (1960-04-18)
FounderEight individuals on US Army base Fort Bragg
Headquarters,
Products Banking and investments
OwnersIts members
Website myfortlibertyfcu.org

Fort Bragg Federal Credit Union (previously Fort Liberty Federal Credit Union (FBFCU), is an American not-for-profit federal credit union owned exclusively by its members and regulated by the National Credit Union Administration (NCUA). [1]

Contents

It was chartered on April 18, 1960 by eight individuals on Fort Bragg, a U.S. Army base, and was originally intended for military members only. Originally started with one location on Fort Bragg, it has since expanded to five locations, including three in the city of Fayetteville, North Carolina.

History

Notices

In 1995, Fort Bragg Federal Credit Union held a special fund for donations towards the children of Maj. Stephen Badger who was killed by a sniper on Fort Bragg in 1995. [2]

In April 2006, as an alternative to payday lenders, Fort Bragg Federal Credit Union and State Employees Credit Union were featured in a 2006 news article for offering short-term loans between paychecks. [3]

In June 2006, as another alternative to payday lenders, FBFCU began offering the Asset Recovery Kit (ARK) loan to soldiers in desperate needs of finances. [4]

In 2007, the Credit Union began offering free identity theft protection for members. [5]

FBFCU made headlines in 2015 with a social media scavenger hunt that gave away thousands of dollars in prizes and drew national media attention. [6]

Bibliography

  1. Shook, Taylor (April 23, 2023). "Fort Bragg isn't the only one changing its name: Area businesses jump on the bandwagon". The Fayetteville Observer.
  2. Fellow Soldier in N.C. lauds 'Most Courageous Act'
  3. Short-term Loans Keep Interest Rates Down
  4. Avoiding a Financial Freefall: 'ARK' Comes To The Rescue Of Many Military Members.(Asset Recovery Kit )
  5. More banks offer free help for victims of identity theft
  6. FAYETTEVILLE CREDIT UNION IS GIVING AWAY MONEY