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CFE Federal Credit Union will become Addition Financial

We have set a goal to grow and expand beyond the counties where we have branches today, allowing us the opportunity to serve more members and become more accessible to a broader community within and beyond Central Florida. 

 

CFE will soon adopt a new name that encompasses our mission and purpose,

while communicating the fact that all are welcome to join Addition Financial.

 

As Addition Financial, we will continue our 82-year legacy of serving Central Florida and transforming lives through financial education. Becoming Addition Financial is only the beginning of our transformation. Later this spring, we’ll refresh our branches, improve our website, introduce new technology and services, and more, all reflecting our commitment to adapt to the changing needs of our membership and our community. Please share in our excitement and enthusiasm for Addition Financial and the bright future ahead.


More Information About Our Transition to Addition Financial

Why are you changing the name of the credit union?
Our name is part of our long-range plan to build a growing and relevant organization that is inclusive of every member and market we serve. Our new name will better encompass our mission and purpose while reflecting that all are welcome to join.

When will the new name take effect?
On May 1st, CFE Federal Credit Union will officially become Addition Financial.

Is the name change a result of a merger or acquisition?
No. The name change is not the result of a merger or acquisition of any kind. 

Why did you remove Credit Union from the name? Is Addition Financial still a credit union?
Yes, we are still a member-owned credit union; however, we are accessible to a broad community within and beyond Central Florida. “Financial” will reduce confusion about membership eligibility and better communicate the full suite of services we provide. 

Is anything else changing other than the name?
We are converting from a federal to a state charter. You will see very few, if any, changes related to the new charter. Your deposits will still be federally insured by the NCUA up to $250,000. 

Will the ownership of our credit union remain the same?
Yes. The ownership of our credit union will remain 100% owned by you, the members.

Will my account number or the routing number change?
No. Your account number and our routing number (263181384) will remain the same. 

Will the credit union have new Directors, managers, or employees?
No. The people you know and trust to serve all of your financial needs will continue to provide you with the same exceptional service you expect.  

Will the credit union still serve educators?
Absolutely. We are fully committed to our roots and serving educators. Partnering to serve educators and providing financial education will remain at the heart of all we do.

Will the credit union’s phone numbers, mailing address, and email addresses change?
Our phone numbers will remain the same, as will our mailing address. We will be changing our email addresses effective May 1st. However, all emails will automatically be redirected to the new address for a period of time.    

Will the website change? 
We will launch a new website on May 1st to provide more financial education resources and an improved experience. 

Will online banking be affected? 
Your online banking login will remain the same.

Will I still be able to use my checks?
Yes, your checks will still work. When it’s time for you to re-order, your new checks will display the Addition Financial name and logo. The routing number, as well as your account number, will remain the same.

Will my debit and credit cards still work?
We will automatically issue new debit and credit cards in the coming months. You may begin using the new cards upon receipt. More information will be provided with the cards.

I have direct deposits and/or automatic payments set up on my account. Will I need to do anything?
No, direct deposits and automatic payments will remain in effect. 

Will branch hours of operation change?
Our hours of operation will not change.

What other changes should I expect?
As early as April, you will see exterior branch signage changes. Our new website, AdditionFi.com, will launch in May. You’ll notice improvements in other areas as well as we incorporate our fresh new look at all of our branches.  


We’ll update the page with information periodically as new information becomes available.

You may also visit any branch or call us at (407) 896-9411 or (800) 771-9411. 


Want additional information?