Ryder System Federal Credit Union, Power Financial Credit Union and our business partners are excited to have members like you join our family! You have been sent a new ATM or Debit prematurely. On behalf of Ryder System FCU, Power Financial and our business partners, we apologize for the confusion. Please dispose of the card appropriately. We will be sending you a new ATM or Debit card in early September. Please DO NOT destroy your current Ryder System FCU ATM or Debit Card!
Please note, your account has not been compromised! It is important to stress that this is not a security breech. The card you received can not be activated. The card you will be receiving in September will also have a new personal identification number. Please do not hesitate to contact us with any further questions you may have.We’re always looking for opportunities to offer more value for you and your family in the products and services we provide. Our current promotions are exclusive to our member-owners and just another way we deliver benefits beyond banking.
Report Lost Cards/Checks
If your Plastic Card or checks are lost or stolen please follow the instructions below:
During our normal business hours contact us at: (800) 977-9337:
- For ATM/Visa Debit Card/Checks, Extension, 3303.
- For Visa Credit Card, Extension, 4665.
After hours (lost and stolen cards):
- Visa Debit / ATM Card - (800) 264-5578
- Visa Credit Card - (800) 282-7681
Ryder System Federal Credit Union announces Merger Plans
Ryder System Federal Credit Union announces our intent to merge with Power Financial Credit Union, subject to regulatory approval and a positive member vote. The merger is expected to be completed in fall 2016.
Merger plans were released in a joint statement in May by Power Financial Credit Union President and Chief Executive Officer Allan M. Prindle and Ryder System Federal Credit Union CEO/President/Treasurer Kenneth A. Glenn.
A community credit union serving residents of Broward, Hillsborough, Martin, Manatee, Miami-Dade, Monroe, Palm Beach, Pinellas and Sarasota Counties in Florida, Power Financial Credit Union enjoys a 65-year legacy of service as the credit union for employees and families of Florida Power and Light (FPL), Homestead Air Force Base, Pan Am Airlines and National Airlines. Ryder System is a Fortune 500 provider of commercial fleet management, dedicated transportation, and supply chain solutions, recognized in 2016 by Fortune magazine as “One of the World's Most Admired Companies.” With Power Financial’s national network, more Ryder employees than ever will be able to benefit from the credit union’s services.
“Operational efficiencies will increase as a result of the merger, enabling more value for our combined membership and facilitating the extension of Power Financial Credit Union’s impressive suite of convenient, mobile delivery solutions to Ryder System Federal Credit Union members,” Prindle and Glenn said in their joint statement. “We also are excited because the merger affords us an opportunity to expand the benefits and savings of credit union membership to Ryder employees nationwide.”
When the merger is completed, the combined entity will be called Power Financial Credit Union, with corporate headquarters in Power Financial Credit Union’s current facility at Sheridan Street and I-75 in Pembroke Pines. Prindle will remain as President/CEO, while Mr. Glenn plans to retire. In addition, Ryder System Federal Credit Union Chairman and Ryder Vice President of International Supply Chain Solutions Gene Sevilla-Sacasa will become a Director on the Power Financial Credit Union Board.
The merged credit union will operate six branches and eight ATMs throughout South Florida and an ATM in Alpharetta, GA, serving more than 40,000 members with combined total assets approaching $600 million. “Becoming a larger, more efficient credit union will help us provide better services to retain our combined current membership and ensure we remain highly competitive, in order to attract new members into the cooperative,” Glenn and Prindle noted.
Both organizations have executed a merger agreement, with regulatory approval expected in the next few months. Following regulatory approval, members of Ryder System Federal Credit Union must vote positively on the agreement for the merger to become effective. The merger is expected to be completed in fall 2016.
In the coming weeks, Ryder System Federal Credit Union and Power Financial Credit Union will be working diligently through the merger process with State and Federal Regulators. Following regulatory approval, Ryder System members will have the opportunity to vote for the merger in the next few months.
11690 NW 105 Street
Miami, FL 33178
Fax: (305) 500-3390