Financial Planning
We are excited to announce that a familiar face at your credit union, Terry Quinn, has decided to retire. As an Investment Advisor at Financial Resource Advisors (FRA), a wholly-owned subsidiary of Bloom Credit Union, Terry dedicated over 20 years of his career to helping our members thrive financially. We are delighted for him as he enters the next phase of his journey. Please join us in congratulating him on his coming retirement!
As we think about the best way to provide investment advisory services for our Bloom members moving forward, we have decided to no longer operate FRA. Terry is going to stay on as part of the Bloom team to help facilitate and guide members through the transition until he officially retires at the end of September. So, he is now available to answer your questions, provide information about your options and assist you through the transition. Terry can be reached by phone at 616-452-2690 or email at terryq@bloomcu.org
If you decide to keep your annuity or investment accounts through Securities America, Albin Campbell, who helped us create FRA, is available to service your account. He can be reached by phone at 248-408-5454, email at albin.campbell@securitiesamerica.com or secure text at 248-817-8407.
This change will not affect the full range of financial services available to you from Bloom Credit Union, including CDs, IRAs, money market accounts and a variety of savings accounts. Deposit account rates are significantly higher than they were just over a year ago. If you decide to move any of your FRA funds into a Bloom deposit account, they will be federally insured by the NCUA up to $250,000.
We look forward to continuing to meet your financial service needs. Please reach out if you have any questions, and we hope you have an amazing 2024.
