FLFCU 1st Quarter Newsletter 2025

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IN THE LOOP

Annual Membership Meeting The Annual Membership Meeting for Fort Liberty Federal Credit Union will be held at 3:00 PM on Tuesday, March 18, 2025, at our Operations Center, located at 1638 Skibo Road. The meeting agenda includes the election of directors, board reports, and an update from the CEO on important Credit Union initiatives.

Announcement from the Secretary of the Board of Directors

Herbert L. Swarts has been a member of the Credit Union since 1994 and served on the Board of Directors for 28 years including the last 10 years as the Chairman of the Board of Directors. Mr. Swarts is a retired Lieutenant Colonel from the U.S. Army. He holds a Bachelor of Science in Business Administration from McKendree College and a Master’s degree from East Carolina University. Brenda K. Britt has 42 years of experience in education with the State of North Carolina, including an impressive 33 years at Fayetteville Technical Community College. She holds two advanced degrees: a Master’s in Business Education from the University of North Carolina at Greensboro (UNCG) and a Master of Business Administration from Campbell University. Brenda retired in 2013 but remains actively involved in the community, extending her dedication to service in the financial sector. She joined the FLFCU Supervisory Committee in September 2022 and, in April 2024, was appointed to the Board of Directors, underscoring her commitment to supporting the credit union and its members.

The Nominating Committee has nominated incumbents David A. Hunt, Herbert L. Swarts, and Brenda K. Britt to fill two three-year terms and one unexpired term of one year, respectively, on the Board of Directors in 2025. All members have an opportunity to have their name placed on the ballot by way of a petition signed by 1% of the members (394 signatures as of 06/30/24). Each nominee by petition must submit a statement of qualifications, biographical information, and an attestation stating that they are agreeable to nomination and will serve if elected to office, along with the petition no later than February 3, 2025, to the Secretary of the Credit Union, P.O. Box 70240, Fort Liberty, NC 28307. Supporting documents may be obtained by calling 866-793-5328, ext. 8233. Statement of qualifications and information on the nominees: David A. Hunt has been a member of the Credit Union since 1974, and he has served on the Board of Directors for a total of 28 years. Mr. Hunt is a retired Command Sergeant Major from the U.S. Army.

2024 Loyalty Dividend

For the seventh consecutive year, FLFCU has distributed this special dividend to recognize our most loyal members! This year, $1,125,000 was distributed on December 17th, with some members receiving as much as $500. Since 2018, we have given back nearly $6,000,000 in Loyalty Dividends to our members. Your decision to do business with FLFCU allows us to continually improve products and services for all members and facilitate our growth. It is our intention to continue this special annual tradition for many years to come! To learn how you can benefit from the Loyalty Dividend, visit MyFortLibertyFCU.org/loyalty-dividend .

Debt Consolidation Loan Promotion Are you looking for a budget-friendly way to get out of debt faster? Consolidate your debt and save money with our Debt Consolidation Loan! Our flexible repayment terms allow you to choose a payment that will fit your budget, and you can borrow as little as $2,500. Plus, you can take .25% APR off your qualifying rate! Please call us at 866.79.FLFCU or visit one of our locations to apply. But hurry, the promotion ends on February 28, 2025.

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