Ascend Federal Credit Union

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Ascend Federal Credit Union
TypeCredit Union
IndustryFinancial services
Founded1951
HeadquartersTullahoma, Tennessee, United States
Area served
Middle Tennessee
Key people
Caren Gabriel, President and CEO
ProductsSavings; Checking; Consumer loans; Mortgages; Credit cards; Investments; Insurance;
Total assets$2.6B+ USD
Number of employees
620
Websiteascend.org

Ascend Federal Credit Union (or Ascend; formerly AEDC Federal Credit Union) is a federally chartered credit union based in Tullahoma, Tennessee. Ascend is regulated and insured through the National Credit Union Administration (NCUA).

Ascend has over 208,000 members and $2.6 billion USD in assets.[1][2]

The company has locations in 21 Middle Tennessee counties.[3][4][5]

History[]

Ascend Federal Credit Union was chartered on July 12, 1951 in order to serve employees of the Arnold Air Force Base.[6]

In 2006, the company changed its name from AEDC Federal Credit Union to Ascend Federal Credit Union.[7][8]

In 2015, Ascend signed a 10-year contract with Live Nation for the naming rights of the Ascend Amphitheater.[9]

In 2018, the firm started leveraging its LenderAssis LOS platform and DecisionAssis product.[10]

In 2019, the company was announced to turn as an Episys platform.[11][12]

Management[]

Caren Gabriel is a CEO.[13] She is a member of leadership board in CUNA Mutual Group as well.[14]

Social activity[]

In 2020, Ascend FCU made a donation of $10,000 to LLS’s Children’s Initiative.[15]

In 2021, the company supported the American Heart Association (AHA’s), raising $1,150, in order to deepen people's knowledge about women's health.[16][17]

This year, Ascend contributed $50,000 to Monroe Carell Jr. Children’s Hospital at Vanderbilt.[18]

In May, 2021, the firm gave a financial support to the 6th Annual Hometown Heroes Walk for Children.[19]

Awards[]

In April, 2021, Ascend Federal Credit Union received two CUNA Diamond Awards for Excellence in Email and Video Marketing.[20]

References[]

  1. ^ "National Credit Union Association". Retrieved December 5, 2016.
  2. ^ "UAH Alumnus Dr. David Elrod joins Ascend board". The University of Alabama in Huntsville. 2020-07-09. Retrieved 2021-05-13.
  3. ^ "About Ascend Federal Credit Union | Ascend FCU". Ascend Federal Credit Union. Retrieved 2021-05-13.
  4. ^ Aycock, Dylan (2020-06-24). "Ascend Federal Credit Union opens Green Hills branch". impact. Retrieved 2021-05-13.
  5. ^ Staff Reports. "Of Note: 9 December 2020". Nashville Post. Retrieved 2021-05-13.
  6. ^ "The History of Ascend Federal Credit Union". Ascend Federal Credit Union official website. Retrieved December 5, 2016.
  7. ^ "Ascend Federal Credit Union". Cityink. Retrieved September 25, 2021.
  8. ^ "AEDC Soars to New Name--Ascend FCU--Honors Roots and Looks to Future". Credit Union Times. Retrieved September 25, 2021.
  9. ^ "Live Nation to manage new Nashville Amphitheater". Ascend Amphitheater official website. Retrieved June 17, 2015.
  10. ^ "Ascend Federal Credit Union automates its residential mortgage lending business with OpenClose's LenderAssist™ LOS and DecisionAssist™ PPE". CUInsight. Retrieved 2021-05-13.
  11. ^ Inc, Jack Henry & Associates. "Openness a Key Factor in Ascend Federal Credit Union's Decision for Symitar". www.prnewswire.com. Retrieved 2021-05-13.
  12. ^ "Ascend Federal Credit Union signs for Symita Episys platform". Finextra Research. 2019-06-20. Retrieved 2021-05-13.
  13. ^ "Ascend Federal Credit Union CEO Caren Gabriel named to WomenInc.'s 2019 Most Influential Corporate Board Directors list". CUInsight. Retrieved 2021-05-13.
  14. ^ Intern, WisPolitics. "CUNA Mutual Group: Names Brett Martinez and John Larsen to Board of Directors | WisBusiness". Retrieved 2021-05-13.
  15. ^ November 25, Natasha Chilingerian |; AM, 2020 at 10:00. "Credit Unions Kick Off the Holiday Charitable Giving Season". Credit Union Times. Retrieved 2021-05-13.
  16. ^ "Ascend Federal Credit Union, Employees Raise $1,150 for the American Heart Association's Go Red for Women Campaign". PaymentsJournal. 2021-02-17. Retrieved 2021-05-13.
  17. ^ February 19, Natasha Chilingerian |; AM, 2021 at 10:00. "Credit Unions Bring Warmth to Communities". Credit Union Times. Retrieved 2021-05-13.
  18. ^ January 08, Natasha Chilingerian |; AM, 2021 at 10:00. "CUs End a Challenging Year by Giving to Communities". Credit Union Times. Retrieved 2021-05-13.
  19. ^ "CAC's "Hometown Heroes Walk" Perfect!". www.wgnsradio.com. Retrieved 2021-05-13.
  20. ^ "Ascend Federal Credit Union Wins Two CUNA Diamond Awards for Excellence in Email and Video Marketing". PaymentsJournal. 2021-04-28. Retrieved 2021-05-13.

External links[]

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