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Alliance Credit Union to Rebrand as Excite Credit Union, Serving Communities in Northern California

April 10, 2019

SAN JOSE, Calif.--(BUSINESS WIRE)--Apr 10, 2019--In 1952, Alliance Credit Union was established with the mission of “people helping people.” Today, Alliance announced that is has refreshed its brand and will transition to a new name:

Excite Credit Union. For over six decades, Excite has been dedicated to serving its members in Santa Clara, San Mateo, and Alameda counties in California as well as in New Hanover, Pender, and Brunswick counties in North Carolina. The new name reflects the credit union’s commitment to continually revitalize its products, services, and branches while maintaining its iconic personalized service to more than 40,000 members.

The leadership of Excite Credit Union worked collaboratively with its staff to redefine the credit union’s values. These include prioritizing people at the core of everything they do, and a commitment to investing in the neighborhoods they serve. From helping families achieve their financial goals, to partnering with local non-profits that are caring for foster youth and tackling homelessness, Excite’s focus is to support traditionally underserved communities.

As an alternative to for-profit banking, which prioritizes investors over customers, Excite Credit Union is dedicated to putting people above profits. By offering real value-for-money alternatives to the complicated products and numerous fees that have historically been the only choices available, Excite is removing a significant financial burden on low-income families. Empowering local people through education is a key goal. Improving their financial literacy gives them the ability to achieve their goals in life.

“We are thrilled to be a part of the community and strengthen the relationships we have with our local partners, such as the San Jose Giants. Our goal is to assist foster and at-risk youth to be knowledgeable about their finances, manage them well, and be successful in creating a sustainable financial future. The new name helps us stand apart in a crowded marketplace and reaffirms our commitment to our communities, members, and staff,” stated Taruna Bajaj, VP of marketing at Excite Credit Union.

Asked about the name change, Brian Dorcy, CEO of Excite, explained that the rebranding solidified the credit union’s commitment to go beyond the traditional to create an exceptional experience. “We believe that everyone is entitled to financial stability. One of our goals is to ensure every child has a savings account to set them up for success. Our new name represents this exciting shift in our new strategy.

“Additionally, we are happy to announce that due to our expanded partnership with the San Jose Giants, Muni Stadium will be renamed to Excite Ballpark, Home of the San Jose Giants. Our partnership with the Giants is a major milestone of our involvement in the community,” said Dorcy.

ABOUT EXCITE CREDIT UNION

Excite Credit Union was created by a small group of visionary General Electric employees based on the idea of “people helping people.” Established in 1952, Excite Credit Union is a member-owned financial cooperative and now serves more than 38,000 members in six counties: Santa Clara, San Mateo and Alameda counties in California; and New Hanover, Pender and Brunswick counties in North Carolina. We also serve approximately 400 Community Business Partners (employers) throughout both states by offering exclusive benefits to their employees.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190410005317/en/

For additional information, contact Taruna Bajaj attbajaj@alliancecu.org

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Excite Credit Union

Copyright Business Wire 2019.

PUB: 04/10/2019 09:00 AM/DISC: 04/10/2019 09:00 AM

http://www.businesswire.com/news/home/20190410005317/en

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