Florida Rural Electric Credit Union - Keystone Heights, Florida

Florida Rural Electric Credit Union: A Detailed Overview

For individuals and businesses residing in rural areas of Florida, Florida Rural Electric Credit Union (FRECU) presents a compelling option for their financial needs. Located at 55 Citrus Ave, Keystone Heights, FL 32656, United States, this credit union provides a range of services tailored to the specific requirements of its community. Currently, FRECU maintains a notable absence of online reviews on Google My Business, which, while a concern, doesn't negate the importance of understanding its core operations and accessibility features. This comprehensive overview will delve into the credit union’s specialties, location, points of interest, and provide valuable information for prospective members.

Specialties and Services

FRECU’s primary specialty is, as indicated on its profile, a bank. This suggests a broad spectrum of financial services designed to support the economic vitality of its service area. While specific offerings may evolve, credit unions typically provide:

• Savings Accounts: A variety of savings account options, potentially including tiered interest rates and promotional offers, to encourage savings and build financial security.
• Checking Accounts: Checking accounts designed with features such as direct deposit, online banking access, and mobile banking capabilities for convenience.
• Loans: A robust loan portfolio encompassing mortgages, auto loans, personal loans, and potentially agricultural loans, crucial for supporting rural development and individual financial goals.
• Credit Cards: Credit card services offering rewards, cash back, or other benefits to members.
• Digital Banking Services: Online and mobile banking platforms allowing members to manage accounts, transfer funds, and pay bills remotely.

It’s important to note that, as a credit union, FRECU operates on a cooperative model. This means that members are also owners of the institution, and any profits are returned to members in the form of lower fees, higher interest rates on savings, and competitive loan rates. This structure directly benefits the member base and fosters a strong sense of community.

Location and Accessibility

The physical location of FRECU at 55 Citrus Ave, Keystone Heights, FL 32656, is strategically situated within a rural area of Florida. This location is vital for serving its target demographic – residents and businesses in underserved communities often lacking access to traditional banking services. The credit union’s commitment to accessibility is further demonstrated by its listed features:

• Wheelchair-Accessible Car Park: Providing convenient access for individuals with mobility challenges.
• Wheelchair-Accessible Entrance: Ensuring that the building’s main entrance is readily usable for everyone.

These features significantly enhance inclusivity and demonstrate a dedication to meeting the needs of a diverse clientele. While specific operating hours should be verified through direct contact, the Keystone Heights location is a central point of service for the surrounding rural communities.

Points of Interest and Additional Information

Currently, Florida Rural Electric Credit Union has 0 reviews on Google My Business. This lack of publicly available feedback presents a challenge in assessing member satisfaction. However, it’s crucial to remember that a small number of reviews doesn’t necessarily reflect the overall quality of service. Further research, potentially through contacting the credit union directly, is recommended to gauge member experiences and understand the services offered.

The average opinion, as indicated by the 0/5 rating, underscores the need for proactive member engagement and service improvement. Potential members should consider contacting the credit union to inquire about specific services, loan terms, and membership eligibility. It’s advisable to discuss financial goals and needs with a representative to determine if FRECU is the appropriate financial institution.

Contact Information

Though a phone number is not publicly available, prospective members can contact Florida Rural Electric Credit Union through their website, which is currently unavailable. It is strongly advised to visit the location in person or contact them via mail to secure the most current contact details and service offerings.

Conclusion

Florida Rural Electric Credit Union represents a valuable resource for residents and businesses in rural Florida. Its focus on community, accessibility, and cooperative principles positions it as a unique alternative to traditional banks. Despite the current absence of online reviews, the credit union’s commitment to serving underserved areas and providing a range of financial services makes it worth exploring. Future members are encouraged to contact the institution directly to discuss their individual financial needs and learn more about how FRECU can support their financial well-being. The commitment to accessibility is a significant strength, and the cooperative structure offers potential benefits not always found in larger financial institutions. Further investigation and direct communication are key to determining if FRECU aligns with one’s financial objectives.