
Achieva.com
Leading comprehensive online college prep service for middle and high school students.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
Related Content
Achieva Credit Union operates as a not-for-profit financial institution, owned and operated by its members rather than outside shareholders. This structure allows the credit union to return profits to its members through competitive rates, reduced fees, and personalized service. The company was founded in 1937 in Pinellas County, Florida, by seven teachers who were denied a loan from a traditional bank. They pooled together $99.25 to form their own financial institution, which was initially named the Pinellas County Teachers Credit Union in 1950.
As its membership base expanded beyond educators, the name was changed to Achieva Credit Union to reflect its diverse clientele. Over the years, Achieva has grown significantly through strategic mergers, including with Sarasota Coastal Credit Union in 2009 and the acquisition of Calusa Bank in 2015, which was the first whole bank acquisition by a credit union in Florida. Today, Achieva has over $2.9 billion in assets and serves more than 194,000 members across numerous counties in Florida. Anyone who lives or works in the specified Florida counties or is a family member of an existing member is eligible to join.
The credit union provides a comprehensive suite of financial products and services for individuals, families, and businesses. These offerings include checking and savings accounts, vehicle loans, mortgages, credit cards, and business banking solutions. Achieva also provides financial planning, investment services, and insurance through its agency. To enhance its real estate services, the company acquired Veritas Title in 2024 to create Achieva Title Services, a Credit Union Service Organization (CUSO) that streamlines the loan closing process for property transactions. Members can access their accounts through a network of 26 branches, numerous ATMs, and a digital banking platform that includes online and mobile access.
Achieva is governed by a volunteer Board of Directors elected by its members. In March 2025, Eric Jenkins was appointed President and CEO, succeeding Gary Regoli after 17 years of service. Jenkins brings over three decades of leadership experience from various credit unions. The organization emphasizes community involvement and financial education, offering free virtual workshops on topics like budgeting and Medicare. Through the Achieva Foundation, it provides financial assistance to promote community well-being and advance education.
Keywords: credit union, financial services, banking, loans, mortgages, savings accounts, checking accounts, business banking, investment services, financial planning, title services, not-for-profit, member-owned, Florida banking, community banking, auto loans, personal loans, online banking, mobile banking, wealth management, real estate financing