News Summary
Achieva Credit Union has announced Eric Jenkins as its new president and CEO, succeeding Gary Regoli after 17 years. Jenkins brings over 30 years of financial experience and aims to enhance community initiatives, including a youth financial literacy program. Under Regoli’s leadership, Achieva grew significantly, and Jenkins is expected to continue this trend while focusing on community engagement and development.
Dunedin, Florida – Achieva Credit Union has announced the appointment of Eric Jenkins as the new president and CEO, effective immediately. Jenkins succeeds Gary Regoli, who is set to retire after 17 years of leadership. The announcement was made public on Thursday, marking a significant transition for the credit union.
With over three decades of experience in the financial sector, Jenkins brings a wealth of knowledge to Achieva. Before joining Achieva, he served as the CEO of SRP Federal Credit Union in North Augusta, South Carolina. He also held the position of CEO at Education Credit Union in Amarillo, Texas, and was the chief deposit services officer at Georgia United Credit Union. Jenkins’ extensive experience in the credit union industry is expected to be an asset as he steps into this new role.
Under Regoli’s leadership, Achieva Credit Union experienced significant growth. The organization expanded its assets from under $1 billion during the 2008-09 housing recession to over $2.9 billion today. Additionally, net income rose dramatically from $3.6 million in 2007 to a projected $16.3 million by the end of 2024. Jenkins is now tasked with continuing this trajectory of growth and development.
Expansion of Community Initiatives
One of Jenkins’ primary objectives is to enhance Achieva’s community-focused initiatives. He aims to guide the credit union into its next chapter with a focus on expanding outreach and engagement within the communities it serves. One of the key initiatives set to launch this fall is a youth financial literacy program designed to improve financial education among the younger population. This program aims to equip students with essential financial skills that will carry into adulthood.
Additionally, Achieva Credit Union is looking into potential partnerships with local schools, which would bolster community engagement efforts. These initiatives highlight Jenkins’ commitment to not only maintaining the credit union’s financial stability but also contributing positively to the welfare of the surrounding community.
Membership and Services
Founded in 1937, Achieva Credit Union serves over 194,630 members across 27 branch locations in Florida. It offers various services and programs, including educational sessions to help members navigate Medicare insurance options with licensed agents available for consultations. These meetings are designed to provide members with valuable insights and guidance, enhancing their understanding of the complex Medicare system.
Under Regoli’s tenure, Achieva Credit Union also ventured into innovative services, notably becoming the first credit union in Florida to offer a bitcoin trading service. Although this service was operational, it was eventually shut down in late 2023. This move demonstrated the credit union’s willingness to adapt to new financial trends and provide its members with modern options.
Future Considerations
Looking ahead, Achieva Credit Union will have to navigate the changing landscape of the financial industry. Starting January 1, 2026, the National Credit Union Administration (NCUA) will implement a new succession planning rule for federally chartered credit unions, which is expected to impact leadership transitions across the sector. This rule will require credit unions to plan and prepare for leadership changes, potentially affecting how Jenkins and future leadership align Achieva’s strategies with regulatory requirements.
As Eric Jenkins steps into his new role, it remains clear that his leadership will be pivotal in the future direction of Achieva Credit Union. With a strong emphasis on community engagement and education, Jenkins is poised to foster continued growth and innovation during his tenure.
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Additional Resources
- TBBW Magazine: Achieva Credit Union Names Market President
- Wikipedia: Credit Union
- Business Observer: Pinellas Credit Union CEO
- Google Search: Achieva Credit Union
- Credit Union Times: Achieva’s CUSO Expands Insurance Services for Members
- Google Scholar: Achieva Credit Union
- St. Pete Catalyst: Local Credit Union Appoints New CEO
- Encyclopedia Britannica: Credit Union
- American Banker: Achieva Credit Union Appoints Eric Jenkins as New CEO
- Google News: Achieva Credit Union CEO
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