A peek at the Hopalong Cassidy Savings Rodeo

Photo 1These days financial literacy is a trending topic. But has it always been? In the late 1940’s and early 1950’s, Franklin Federal introduced the Hopalong Cassidy Savings Rodeo, which combined popular culture with the Bank’s mission to help customers (particularly children) save money.

As we celebrate our 80th year as a local community financial institution, we are researching the background of this program and trying to find former members. We have limited information about this program and are intrigued that a small savings and loan association in Virginia partnered with a Hollywood legend (William Boyd) in the height of his career. We are currently asking members of the community to come forward with any memories or details. Were you a member of the Hopalong Cassidy Savings Rodeo?

We do know some facts. In the late 1940s, Franklin Federal transformed its conference room in the Bank Headquarters located at 616 East Franklin Street into a “western town” that featured a general store, barber shop, jail and sheriff’s office. “Tenderfeet” who deposited $2 into a savings account at Franklin Federal were admitted into the club and received a certificate, membership card, a badge, an autographed photo, a record book (to keep notes on deposits and withdrawals), and a letter from Boyd himself, which was all contained in a special mail pouch and sent from Hollywood.

Our goal is to “get the gang back together” so please help us locate men and women who were members of this club. We think they may be between the ages of 65 and 78. We’d love to hear from you! E-mail us at community@franklinfederal.com, call us at 804.967.7022 or simply stop in to any of our eight branches and share your memories!  Thank you for helping us.

Stop by Southern Living’s Custom Home in Hallsley

Since opening our doors in 1933, home lending has been a big part of who we are. As we expand our residential and commercial lending offerings, we wanted to do something fun in the community to support and thank local builders. To that end, Franklin Federal is proud to be sponsoring the Southern Living Custom Builder Home in Hallsley, a premiere neighborhood in Midlothian.

Between now until July 6, people can stop by to view the English-cottage style home with a wraparound front porch and open-concept design from Creative Home Concepts. Entry is just $10 and all proceeds go to Operation FINALLY Home and Juvenile Diabetes Research Foundation. For floor plans, ticketing and more information, visit the Hallsley webpage at www.hallsley.com/southernlivingshowcasehome/

Mechanicsville Turns 1

full group outsideOur newest branch, near the intersection of Mechanicsville Turnpike and Bell Creek, is turning one this year.  After a quick renovation in early 2013, we opened our doors on May 20th with a celebration of Richmond mascots. Since then, we’ve been embraced by the Hanover community and our new neighbors.  In fact, check out this article that ran in the Mechanicsville Local, celebrating the branch’s partnership (as part of our Pillars of Our Community initiative) with nearby non-profit senior community, Covenant Woods.

Prior to opening this stand-alone location, Franklin Federal serviced our Mechanicsville residents from Hanover Square Shopping Center, just up the road.   Our new branch features a modern design, drive-thru banking, a full-service Financial Center (which provides financial advising services) and our residential Mortgage Center.

Stay tuned for updates on our Fun Friday events during the month of June.

A Richmond Pillar

Franklin Federal branch staff, Kristen Fers, Brenda Taylor and Alicia Matonis present the Pillars of Our Community donation to Miracle League athletes, family members and the organization's Richmond President, Karen R Pusey.

Franklin Federal branch staff, Kristen Fers, Brenda Taylor and Alicia Matonis present the Pillars of Our Community donation to Miracle League athletes, family members and the organization’s Richmond President, Karen R Pusey.

To celebrate our 80th birthday, we recently launched a new community initiative called Pillars of Our Community, which allocates $40,000 each year to deserving area non-profits.  The program enables each branch location to partner with a local or neighborhood charity of their choosing each year.  The program is funded out of the Franklin Federal Foundation which is budgeted to contribute approximately $600,000 to area non-profits this year.

Each partnership includes a $5,000 donation, as well as volunteer support and distribution of the organizations’ information for a calendar year.   Branches kicked off each partnership with a check presentation honoring the selected non-profit and the broader initiative.

“We wanted to create a program that truly connected each branch with their neighbors.   Although our Foundation distributes hundreds of thousands of dollars each year to area non-profits, we don’t always witness the benefits first hand,” said Cindy Womack, Senior Vice President for Branch Operations. “We’re looking forward to a productive and rewarding year.”

Check out this year’s partnerships, along with a few photos from the events.

2014 POOC Partners One Pager

Minding Your Security

Shredding EventIt seems that the news is filled with stories of credit card and other personal information security breaches, so we thought it might be helpful to share a few tips for managing your financial identity.

  1. Monitor your primary credit card and bank accounts often for fraudulent activity.  Managing account activity online is the easiest and quickest way, however you could monitor your activity using mailed statements or automated telephone services.  Of course, simply calling or visiting your branch is effective as well.
  2. If you monitor your accounts online, reset your password quarterly, which will make it harder for others to access your account information online.
  3. If you prefer paper record keeping,  store your records in a safe place and destroy documents dated beyond the appropriate date.  For bank statements, we recommend shredding all statements older than 1 year.

Speaking of SHREDDING, Franklin Federal will be hosting a free community shredding event at our Mechanicsville branch located at 7279 Bell Creek Road on Friday, June 6th from 9am to 5pm.  There will be a mobile shredding truck onsite and you will be able to watch your documents get shredded.  For more details on the event, or tips on what might be good information to shed, contact community@franklinfederal.com or call our Mechanicsville branch at 804.746.1335.