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A+FCU Gives Back $2.8M to Members, $375K to Local Communities in 2016
Monday, February 6, 2017 6:55 AM

Austin-based A+ Federal Credit Union (A+FCU) gave back more than $2.8 million to members in 2016 through its Cash-Back Checking and PlusPoints rewards programs. Additionally, through a variety of programs and donations, A+FCU gave back over $375,000 to Central Texas communities. 

A+FCU members earned more than $1.4 million with the Cash-Back Checking account simply by using their A+FCU debit card. Members earn unlimited cash back deposited to their membership savings monthly. Of the $1.4 million in cash back, $38,000 was given to local high schools and school districts. 

Through the PlusPoints rewards program, A+FCU members saved $1.4 million in rate discounts on new loans, reduced real estate origination fees, and increased rates on certificates. 

In 2016, A+FCU also gave back more than $375,000 to local Central Texas communities. This includes $76,000 in scholarships to 38 graduating high school seniors and college students; continued support of the RaiseUP Texas program; contributions to education foundations that provide grants for teachers; support for organizations like Boy Scouts of America Capitol Area Council, Girl Scouts of Central Texas, and Boys and Girls Club. 

In addition to donations and sponsorships, A+FCU employees volunteered more than 4,100 hours to help schools, school districts, community organizations, and more. 

“Giving back to the communities we serve is an important part of our culture,” said A+FCU CEO Kerry A. S. Parker. “We especially focus on programs that foster financial education for our youth and community members.”

About A+ Federal Credit Union
A+ Federal Credit Union was founded in 1949 by 50 Austin, Texas, teachers. More than 65 years later, A+FCU has 133,000 members that include not only educators, students, and their families, but other members of the community as well. The credit union has more than $1.3 billion in assets and 21 branches. A+FCU continues to have close relationships with local schools and provides free financial education curricula for educators, engaging financial education presentations for students, real-life money management simulations for youth, high school branch locations, and unique financial products designed for teachers. Learn more at aplusfcu.org.