JAX House: 121 Financial Credit Union Launches New Line of Competing Credit Cards Nationwide With Hyper-Local Focus

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JACKSONVILLE, FL. – (Oct 28, 2021) – 121 Financial (“One to One”), the hometown credit union of Jacksonville, today announces the launch of four new Hometown credit card offerings with rewards and benefits that rival those offered by institutions national “big banks”. However, the new credit cards, which are also referred to as the “Official Credit Union of the Jacksonville Jumbo Shrimp” and include the Jumbo Shrimp logo, only benefit the local Jacksonville economy, as the nonprofit credit union 121 Financial invests 100% of its available capital. again in consumer mortgages and business loans in northeast Florida.

“We have always been dedicated to providing our neighbors with resources that help them improve their financial prospects and futures, and our new credit card offerings further demonstrate our commitment to invest in our local economy and provide more options. to our members, ”said David Marovich. , President and CEO of 121 Financial Credit Union. “Now our members can take advantage of the major national credit card institutions in their hometown credit union and ensure that any profit generated from their use remains 100% local. “

The four new Hometown credit cards – which charge no annual, application, foreign transaction, balance transfer, or over limit fees – offer tiered benefits depending on the card selected as well as rates. interest much lower than that of national brands. Two cards, Visa® Signature Rewards and Visa® Cash Rewards, generate generous rewards with double points for every dollar spent, which can be applied to statement balances and past purchases and soon to direct purchases on Amazon (December 2021) . Both cards also feature robust introductory offers, including 50,000 and 25,000 bonus points when total minimum spend is reached in the first 90 days after issuance.

“For years, consumers have taken advantage of the rewards of credit cards for quality of life purchases, such as travel, shopping and more, but now they can enjoy all of those same benefits with their credit union. their hometown, ”Marovich added. “You no longer have to spend countless hours figuring out which national credit cards, with all their steep fees, are best for your lifestyle. And, every time you make a purchase, you are helping your neighbors. to achieve their own financial goals. It’s a win-win for everyone. ”

The Hometown Visa® Platinum card offers one of the lowest Annual Percentage Rates (APRs) available, starting at 8.99%. For those building or repairing their credit, the Hometown Visa® Platinum Secured card also offers a competitive APR.

All new credit cards offer 24/7 fraud protection and offer mobile or contactless payments, including Apple Pay, Google Pay, Samsung Pay, and other popular payment apps. Users can also easily control their cards online or through a mobile app, with the ability to lock / unlock cards, add users and perform additional actions remotely.

For more information on the new Hometown credit cards from 121 Financial, visit https://121fcu.org/personal/credit-cards.

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ABOUT 121 CAISSES DE CREDIT FINANCIER: 121 Financial Credit Union (pronounced “One to One”) provides personalized banking and financial services to its more than 45,000 members throughout the Jacksonville and North Florida area. Since its founding in 1935 as Florida Telco, the Credit Union has strived to be a trusted partner of the community with personalized solutions for every stage of life. 121 Financial offers a range of products for consumers and businesses and specializes in deposit accounts and loans, including mortgages. For more information or to become a member, visit https://121fcu.org/.

Media contact: Adam [email protected] / x6310


This press release was produced by the JAX Chamber. The opinions expressed here are those of the author.


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