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ABA Routing 253279196

President’s Column: The Pandemic Crisis and Your Credit Union’s Response

When we circled the month of March
2020 on our calendar, we knew that it would be full of system
upgrade and conversion challenges.  It certainly was that, but the
first week on the new system was quickly eclipsed by the COVID19 Pandemic.  Guidance was coming down from both the Federal
and State governments and decisions had to be made quickly.  Fast-forward a few weeks, and here is what your credit union is
doing in response to the growing crisis: 

  1. We are following the governor’s guidelines for social
    distancing and we have closed our branch lobbies.  We
    are serving our members through the Drive-Thrus, Call
    Center, online chat support, and ATMs.  We know this is
    an inconvenience for some of you, but we feel that this is
    the best way to slow down the spread of the disease in our
    community and to keep our employees safer. 

  2. We know that the hospitality industry in Greenville has been
    decimated.  The credit union has postponed events until later
    in the year in the hopes that we can reschedule.  We want to
    continue to support our local businesses and help them to get
    back on track and we can do that if we postpone instead of
    cancel.  I am hopeful that many of us in the community are
    doing everything we can to support them.  They need all of us… 

  3. We recognize that our members are hurting.  Loss of income
    and economic uncertainty is a tremendous weight on our
    members’ shoulders.  We have stepped forward with programs
    to get our members, both commercial and individual, back on
    their feet and back on a sound financial path.  Please call us
    as we are here to help each one of you. 

  4. We have repositioned our employees to serve you on the
    telephone and online, and we can take care of your needs
    without you ever having to leave your home or office.  We
    have invested in technology that allows secure electronic
    signatures quickly and efficiently.  I know that many of you
    may like to do things with us in person, but we can help you
    remotely while we wait for the virus threat to end. 

  5. Your credit union remains very strong financially.  Your funds
    are federally insured by the NCUSIF up to $250,000. We are
    well prepared to weather this temporary storm and we will
    provide you with the tools you need to move forward. 

For over fifty years, we have been here for our members.  Our
focus is on your financial health and well-being.  As your non-profit
financial alternative to conventional banking, please give us a call
and see how we can help to lighten your financial burden.  I wish you and your families continued health and strength to face
the challenges that may lie ahead. 

Paul Hughes
President and CEO, Greenville Federal Credit Union  

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