Publix Employees Federal Credit Union to add a second Lakeland location
Publix Employees Federal Credit Union is set to open a second branch in Lakeland on May 21.
The new branch will be in a former bank building at 1215 N. Parkway Frontage Road, along the south entrance to the Oakbridge Centre Publix shopping plaza.
Headquartered in Lakeland, (PEFCU) is a member-owned co-operative that was founded in 1957 to meet the financial needs of Publix Super Markets, Inc. associates and their family members.
The PEFCU received its charter from the federal National Credit Union Administration in 1978. The federal agency provides up to $250,000 in insurance for individual and retirement accounts and more for joint and other account types.
While it might have been started to serve Publix employees and their families, it has added other businesses to its eligibility criteria over the years.
According to its website, it offers memberships to:
Retired and current associates of Publix Super Markets, Inc. and their immediate family members.
Lone Palm associates and their family members.
Immediate family or household members of a current PEFCU member.
City of Lakeland associates and their family members.
Lakeland Automall associates and their family members.
Regal Automotive associates of Lakeland, FL, and their family members.
Bartow Ford associates and their family members.
Larry Greenwald Insurance associates and their family members.
United Hoist Equipment Inc. associates and their family members.
Wilde Honda associates, Sarasota, and their family members.
This is just the second location in Lakeland for PEFCU. The existing Lakeland location is at 3005 New Tampa Highway.
Outside of Lakeland, the closest branches are in Sarasota and Altamonte Springs.
The credit union lists other locations throughout Florida ― including several in the Jacksonville area, Pembroke Pines and Royal Palm Beach ― and one location in Lawrenceville, Georgia, near Atlanta.
According to the agency's website, PERCU currently has 118,348 members and assets of $1.58 billion.
This article originally appeared on The Ledger: Publix Employees Federal Credit Union to add 2nd Lakeland location
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