Monthly Archives: February 2014

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.