All posts by jelewis8

Hometown Heroes – Amanda Banks

Our teammates really make the difference by giving you that “Welcome Home” feeling every time you visit a Bronco office. To help you get to know them better, we’re introducing different members of the staff in each quarter’s Hometown newsletter. For the summer issue, we’d like to introduce you to Amanda Banks.

Amanda currently serves as the Senior Accountant for Bronco, which means she doesn’t always get to interact directly with members. But she touches just about everything that goes on in our offices. As a long-time member of our team, Amanda knows just about all there is to know about the best ways to serve our members, so she’s definitely a great asset to have on your side.

Amanda currently serves as the Senior Accountant for Bronco and has been with us since May of 2000.

You’ve been at Bronco for over two decades. When did you officially start?
I started working at Bronco in May of 2000. I was finishing up a year at Paul D. Camp Community College and looking to transfer to Christopher Newport University (CNU) in the fall and needed a job. I had worked the previous summer as a teller at a bank but spent most of the summer at a branch that required commuting. My family had done business with Bronco my entire life, so my dad went in and asked Denise Riddick if they were hiring summer help—and that’s where I started. We were actually in the trailers on Stewart Drive at the time because it was right after the flood.

What drew you to Bronco?
I loved the teller work the summer before and I actually knew a few people that worked at Bronco. I am big on a “family feel” and that is what I immediately got when I started at Bronco.

What positions have you held over the years?
Phew! Position wise, there isn’t much I haven’t done! I literally started from the ground up. The first summer I was a teller, but I also had my first glimpse at the accounting department. They were trying to go through things to see what could be salvaged from the flood so there were times when we were fully staffed or slower times that I would go over and help them.

That fall, I decided that instead of actually living in Newport News to commute to CNU. I talked to Jeff Thompson, the COO at the time, about if I could manage my schedule, could I work part time? For three years that is what I did. They were so amazing working with me through my school scheduling. I was majoring in accounting and had my eyes on working with an accounting firm.

A few months before I graduated, Jeff called me in and asked me if I would be interested in staying on at Bronco after I graduated. I was engaged and getting married that summer to my husband Dallas Banks, who works with NAPA Beamon and Johnson and knew after commuting for three years to CNU that I really did not want to have to commute to work every day like that anymore. By then, the employees at Bronco were absolutely my family. Literally every employee was invited and came to our wedding that summer!

The agreement that Jeff and I made was I would learn the whole credit union from the ground up. I spent the first half of every day for a year in every department in the credit union and after lunch, I would go to the accounting department and learn everything I could. At the end of the year, I started full time in the accounting department and can honestly say I haven’t considered being anywhere else.

Was there one position that you liked the most?
I absolutely LOVED being a teller. I love people and I love making them smile. But I love my job and what I do now. And while I do not see the members face-to-face daily, I’m still able to help them in so many ways. For example, a couple days ago I did a wire call back to a member and he explained to me he was making a down payment on his first home and he was so excited! I love knowing we are positively impacting people in their most important moments in their lives.

Tell us what you do as Senior Accountant.
I balance all the things. There is not much that happens in the credit union that our department doesn’t touch. I provide support to the MSRIs and IIs in any way I can, from answering questions to helping them find outages. I also back up the ACH/Wire area. I help get all the financials together for our monthly board meetings. One of the most important parts of my job is compiling our quarterly 5300 Call Report for the NCUA. That’s the report that tells the NCUA and the rest of the world how sound we are as a credit union.

What makes you good at your job?
I feel like the year I spent working in all the departments of the credit union helped me understand how all the pieces flow together. I think sometimes people look at their job as an independent piece and it’s easy to get caught up in a “well, if it wasn’t for this department” mentality. By working in all the various departments, you realize that one department cannot function without the other and the credit union as a whole would not be what it is without all the pieces working together. It also has made me capable of helping other departments problem-solve things that if I hadn’t worked in their department, I wouldn’t have known how to help them. I’ve never had the attitude of “that’s not my job.” I was raised and taught to be curious enough that it may not be my job, and I may not know exactly what the answer is, but I am going to find someone who can help me figure it out and learn from it. I hope that with all my years here I can be that someone for another curious person coming in.

What do you enjoy most about working at Bronco?
The people. I have developed friendships that will last a lifetime. I love my work family. And I genuinely love what I do every day.

What do you think makes Bronco special to your members?
Again, the employees. Their willingness to help others. The front-line employees see members at their best and worst times in their lives. We have some amazing, kindhearted and good people working here that only have the membership’s best interest in their hearts.

What do you think the tagline “Welcome Home” means to them?
Welcome Home means family. And when I think of family, I think of comfort and safety. I feel like Bronco is all of those things. I feel like our employees do a great job at going above and beyond to make people feel heard and supported.

What do you like to do outside of work?
We live and breathe softball. My daughter is getting ready to turn 15 and pitches. She loves it and has since she was about eight. So, my time outside of work is busy with her and softball. There’s no other place her dad and I would rather be.

Family is important to me, so if we aren’t at a softball field or practice, I love spending time with my niece who is six and my brother, sister-in-law and parents. I also like to crochet. My daughter decided during COVID that she wanted to learn and we kind of picked it up together.

The place I wish I had more time for would be at my best friend’s house down at the Outer Banks of North Carolina. But I’m in my “softball era” right now and I’m going to enjoy every second of that, because there will be beach time with my best friend later.

Is there anything else you’d like to share?
I have literally grown up at Bronco. I started as a first-year college student, met my husband and got married, graduated college, got my Masters, had a beautiful baby girl…

I was a baby when I started here, and Bronco has watched me grow up and helped raise me. It was my third job. I taught dance in high school, then had my summer job with “the bank” and then immediately started here. When you asked about “Welcome Home,” well, this is home. I don’t know anything else, and I don’t want to know anything else, jobwise. I want to keep learning and making myself better and growing as a person, but I hope to continue to do it right here.

2024 Annual Meeting and Report

Tuesday, April 23rd Bronco Federal Credit Union held our Annual Membership Meeting at Camp Workforce Development Center in Franklin. The Annual Membership Meeting is a significant event for our credit union as it provides a platform to update you on the past year’s performance, highlight achievements and future plans.

Bronco Federal Credit Union also awarded $23,000 in scholarships to high school seniors during the meeting. The scholarships ranged from $1,000 to $5,000 and were given to students from various high schools in the area, including Franklin High School, Windsor High School, Southampton High School, Southampton Academy and Smithfield High School. The scholarships recognized students’ academic achievements, community involvement, and extracurricular activities. Some scholarships were named in honor of past board members and the former CEO of Bronco Federal Credit Union. You may read more about these awards here.

2023 Annual Meeting Minutes
2024 Annual Report

Bronco Federal Credit Union Awards $23,000 in Scholarships

Franklin, Virginia, April 23, 2024 – Bronco Federal Credit Union was pleased to award high school seniors who are members with scholarships to help them begin their higher education journey. The presentations of awards were made at the Annual Meeting on April 23, 2024 at Camp Workforce Development Center.

This year’s program awarded two $5,000 scholarships, two $3,000 scholarships, one $2,000 scholarships, and five $1,000 scholarships to graduating seniors.

Alanna Bonne of Franklin High School and Jenna Garris of Windsor High School are the recipients of the $5,000 John Alan Glasgow Memorial Scholarships. This scholarship is named in memory of John Alan Glasgow, Franklin High School Class of 1999, to recognize the scholastic and life achievements of a graduating student.

Jada Brittle of Windsor High School is the recipient of the $3,000 James C. Copeland Scholarship and Addison Swenson of Southampton High School is the recipient of a $3,000 scholarship known as the Charles A. Wrenn Scholarship. Both are named in honor of past Board Chairmen who served 30+ years on the Bronco Federal Credit Union Board.

Emma Rickman of Southampton Academy was awarded the $2,000 Robert T. Petty Scholarship. This scholarship honors the memory of Robert T. Petty, past CEO of Bronco Federal Credit Union.

In addition, Christopher Cornwell, Jr. of Southampton High School, Joshua Edwards of Southampton High School, Sophia Hewitt of Smithfield High School, Justin Preau of Southampton High School and Chloe Sawyer of Southampton High School each received a $1,000 scholarship from Bronco Federal Credit Union. The 2024 scholarship winners have demonstrated excellent community and extracurricular activity involvement as well as strong academics throughout their high school careers.

Bronco Federal Credit Union is a not-for-profit financial cooperative that was founded in 1941 and is headquartered in Franklin. Bronco Federal Credit Union serves the Hampton Roads Community and employs 53 team members, both in Franklin and Suffolk.  Providing quality financial services to more than 18,000 members through three locations will always be the number one priority.

Contact: Ashley Covington, Marketing and Training Specialist
P: 757-569-3719
E: ashley.covington@broncofcu.com

Mobile App update

The Bronco Federal Credit Union Mobile App was recently updated to include new tools to improve your mobile experience. If you already have the Bronco FCU Mobile App, simply check in your app store to see if the update has been completed.

With this update, you will be able to turn your cards on and off, review transactions, add cards to digital wallet, put travel notes on cards, and set spending controls along with much more right within our app.

If you do not have the Bronco FCU Mobile app, we encourage you to download it. Your login is the same as Online24. Once you have downloaded the free Bronco FCU Mobile app and signed in, you will simply click Cards on the first screen and it will launch to all these features.

Spoofing Scam Safety

In today’s digital age, scammers are becoming more sophisticated in their tactics to steal your personal and financial information. To help you stay safe, here’s how “spoofing” works, along with valuable tips and red flags to watch out for.

Imagine you receive a phone call from someone claiming to be from the Bronco Federal Credit Union Fraud Department. They tell you there’s suspicious activity on your account and urgently request sensitive information, such as your online or mobile banking login credentials, your full card number, and even your PIN. To make matters worse, they ask you to accept a “fraud alert” to approve a pending transaction.

Beware! This is a classic spoofing trick.

Red Flags to Look For

  • Never Share Sensitive Information: Bronco Federal Credit Union and other legitimate organizations will never ask you to disclose sensitive information over the phone. This includes online or mobile banking login credentials, full card numbers, PINs, or one-time passcodes.
  • Legitimate Fraud Alerts are for Verification: Real fraud alerts are designed to empower you to verify the authenticity of transactions. They won’t ask for your sensitive information.
  • Trust Your Instincts: If someone claiming to be a Bronco employee asks for information we already have, hang up immediately. Scammers use high-pressure tactics to create a false sense of urgency.

Staying Safe: Your Personal Responsibility

Your account security is our top priority, but you also play a crucial role in keeping your information safe. Follow these steps to protect yourself:

  • Never share personal information over the phone unless you initiated the call and are certain about the recipient’s identity.
  • If a call makes you feel pressured or uncomfortable, don’t hesitate to hang up.
  • If you have any concerns about your account’s security, reach out to us directly at 757.569.6000. You can also send us a secure message through Online24.

By staying vigilant and following these guidelines, you can help prevent fraudulent activities and keep your personal and financial information secure. Remember, when in doubt, verify and trust your instincts. Your safety is our priority!

Fraud Alert

Members have reported receiving text and phone calls from scammers acting as Bronco Federal Credit Union employees. As a reminder, we will NEVER ask you for sensitive information including secure access codes. If you’re in doubt, hang up and call us at 757-569-6000 or after hours call the number on the back of your card.

Learn more about staying safe from spoofing scams here.

New Credit Card Platform Has Launched

Bronco Federal Credit Union has launched a new credit card platform for an improved member experience! The platform is live as of August 21, 2023. There is a single sign-on from Online24. Simply click your Visa credit card link to launch the platform.

Within the platform you can review account history, recent transactions, view statements, enroll in paperless, activate a card, set up a pin and make a payment using another financial institution, among many other things. Another highlight is that you can launch into uChoose Rewards from the new platform.

You will notice a slight change to the appearance of your Visa statement beginning in September. We have collected frequently asked questions for members to reference.

View Frequently Asked Questions

As always, if you have any questions or concerns, please call us at 757.569.6000.

Temporary Drive-thru Closure

Due to staffing shortages, we have made the difficult decision to temporarily close the drive-thru at 206 E. Second Ave in Downtown Franklin, beginning August 31st. The drive-thru will remain closed until further notice. We apologize for any inconvenience this may cause. We are happy to serve you at our branch located at 135 Stewart Drive, Franklin. If you have any questions, please call 757.569.6000 during operating hours. If you or someone you know is searching for employment, please visit the following link for an application.

Certificate Special

Time to watch your money grow.

With interest rates rising, now is the time to let your money do some work for a change. Bronco now offers the following special certificates:

  •  A 13-Month Certificate with a yield of 4.35% APY*

Certificates pay you a guaranteed fixed amount of money over a set term, after which you have the ability to withdraw the lump sum or roll it into the new certificate to continue earning dividends.

No need to wait, get a great rate and risk-free return on your investment, today!

* APY = Annual Percentage Yield. Rate is effective as of June 16, 2025, and is subject to change without notice. Penalty for early withdrawal may apply.

  • $1,000 Minimum Deposit
  • Dividends are paid quarterly and posted to the account quarterly.
  • Dividends will be applied to the certificate or can be transferred to another account.
  • The member will have 10 calendar days after the certificate matures to withdraw funds without being charged an early withdrawal penalty.
  • An early withdrawal penalty will apply if a withdrawal is made before the maturity date.
  • Promotional 13-Month certificate automatically renews to a 12 month certificate at maturity.
  • Promotional 13-Month certificates will have an early withdrawal penalty of 91 days dividends.
  • Fees imposed on an account could reduce the earnings on the account.

2023 Scholarship Winners

Bronco is proud and excited to announce the winners of our 2023 Scholarships. The 2023 scholarship winners have demonstrated excellent community and extracurricular activity involvement as well as strong academics throughout their high school careers.

$5,000 John Alan Glasgow Scholarship
Reese Brock – Southampton High School
Emily Benton – First Flight High School

$3,000 Charles A. Wrenn Scholarship
Amon Gary – Southampton High School

$3,000 James C. Copeland Scholarship
Kaitlyn Worrell – Smithfield High School

$2,000 Robert T. Petty
Cameron Jenkins – Southampton High School

$2,000 Bronco Federal Credit Union Scholarship
Madelyn Brown – Southampton High School

$1,000 Bronco Federal Credit Union Scholarship
Kiersten Nichols – Southampton High School
Lauren Gaskins – Windsor High School
D.J. Dillon – Rock Church School

Congratulations to these students and we wish them best of luck as they move into the next phase of their academic lives!