March 29, 2017 8:09 PM ET

Diversified Financial Services

Company Overview of 121 Financial Credit Union

Company Overview

121 Financial Credit Union provides products and services to personal and business clients. Its personal banking products and services include regular, reserve, holiday, and kids savings accounts; money market checking accounts; term share certificates; financial retirement and investment services; traditional and roth IRAs; checking accounts, debit cards, pre-paid cards, credit cards; auto loans, recreational loans, mortgage, personal loans, short-term loans, and credit cards; and electronic services, including online banking, mobile applications, billpayer, etc. The company’s business banking products and services include business savings, money market, and checking accounts; express depos...

9700 Touchton Road

Jacksonville, FL 32246

United States

Founded in 1935





Key Executives for 121 Financial Credit Union

Chief Executive Officer and President
Chief Financial Officer
Chief Operating Officer
Chief Strategy Officer
Vice President of Branch Operations
Compensation as of Fiscal Year 2016.

121 Financial Credit Union Key Developments

121 Financial Credit Union Appoints Jane L. Scofield as CFO

121 FinancialCredit Union hired Jane L. Scofield as CFO. Scofield comes to 121 Financial with more than 20 years of experience in private and public accounting. She has served as an in-house and outsourced CFO, controller and senior level management consultant for a wide range of privately-held companies.

121 Financial Credit Union Announces Management Changes

121 Financial Credit Union announced a new centralized organizational structure at the credit union's senior level which establishes a Chief Financial Officer (CFO), Chief Operations Officer (COO), and a Chief Strategy Officer (CSO). Becky Hulett will remain in the CFO position. David Marovich will assume the role of COO and responsibility for all customer-facing services and sales. Paul Blackstone joined 121 Financial in the newly formed role of Chief Strategy Officer (CSO) as of July 6, 2015. Paul's responsibilities will include Technology, Marketing, Facilities, Legal, and Risk Management for 121 Financial. The newly appointed COO, David Marovich, has also been with 121 Financial since 2007. Chief Strategies Officer is a new executive position for 121 Financial and will be filled by Paul Blackstone. Paul is the founder and CEO of Copilot Networks.

121 Financial Credit Union Announces Executive Changes, Effective May 4

121 Financial Credit Union has named Bruce Fafard as its new President and CEO, succeeding Bill Braddock, who had served as CEO of the $500 million CU for 28 years. The change will be effective May 4. Formerly the president and CEO of Scient Federal Credit Union, Fafard has a background that includes expertise in strategic planning, charter expansion and developing high-performance teams.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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