Fort Liberty Federal Credit Union
| Company type | Not-for-profit federal credit union |
|---|---|
| Industry | Financial services |
| Founded | April 18, 1960 |
| Headquarters | Fayetteville , United States |
Area served | Fort Bragg, Fayetteville, Cumberland County, North Carolina |
| Products | Financial services, loans, identity theft protection |
Fort Bragg Federal Credit Union (previously known as Fort Liberty Federal Credit Union (FBFCU)) operates as a member-owned, not-for-profit federal credit union, overseen by the National Credit Union Administration (NCUA).
Established on April 18, 1960, by a group of eight founders at the Fort Bragg military installation, it originally catered exclusively to service members. Beginning with a single branch located on Fort Bragg, FBFCU has grown to encompass five branches, three of which are situated in Fayetteville, North Carolina.
History
- April 18, 1960 – FBFCU was chartered to serve active duty personnel stationed at Fort Bragg, along with retirees and their families.
- January 1961 – The inaugural annual meeting was held, attended by 28 members.
- April 1975 – The Bastogne Drive branch was launched on Fort Bragg.
- February 1986 – A second branch opened on Skibo Road in Fayetteville.
- July 20, 1989 – The Bastogne Branch underwent renovations and celebrated its re-opening.
- July 1998 – Assets exceeded $100 million; the Skibo Road branch received upgrades.
- February 2002 – The third branch commenced operations at Hefner Plaza (South Post exchange), Fort Bragg.
- September 5, 2003 – The charter was broadened to include Fort Bragg employees and civilian workers.
- April 13, 2005 – Membership eligibility extended to Braxton Bragg Chapter members of the Association of the United States Army.
- June 2006 – A fourth branch opened on Ramsey Street in Fayetteville.
- April 2008 – The fifth branch was established on Raeford Road in Fayetteville.
- March 2012 – Charter expansion allowed inclusion of residents, employees, worshippers, students, businesses, and legal entities within Cumberland County, North Carolina.
Notices
In 1995, Fort Bragg Federal Credit Union created a dedicated fund to collect donations aiding the children of Maj. Stephen Badger, who lost his life due to sniper fire at Fort Bragg.
By April 2006, FBFCU alongside State Employees Credit Union was recognized for providing alternatives to payday lenders through short-term loan offerings bridging pay periods.
In June 2006, FBFCU launched the Asset Recovery Kit (ARK) loan program designed to support soldiers with urgent financial challenges as a substitute for payday loans.
Beginning in 2007, the Credit Union enhanced member benefits by introducing complimentary identity theft protection services.
FBFCU attracted nationwide attention in 2015 via a social media scavenger hunt that distributed thousands of dollars in prizes, significantly elevating brand awareness.