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121 Financial Credit Union's Overview

Total employees165
HeadquartersJacksonville
Founded1935

121 Financial Credit Union (often referred to as 121fcu) is a member-owned, not-for-profit financial cooperative headquartered in Jacksonville, Florida. Established in 1935, it has a long history of serving the local community, originally for city employees of Jacksonville. Today, its membership is open to those who live, work, or worship in specific counties in Northeast Florida. 121 Financial offers a comprehensive range of financial products and services, including savings and checking accounts, auto loans, mortgages, credit cards, personal loans, business services, and investment planning. They emphasize community involvement and providing value to their members through competitive rates and lower fees compared to traditional banks.

Where is 121 Financial Credit Union's Headquarters?

HQ Function

Serves as the primary administrative center, housing executive leadership, operational departments, IT, marketing, human resources, and centralized member support services.

Notable Features:

A modern office building designed to facilitate efficient operations and provide a welcoming environment for members who may visit for complex services or administrative matters.

Work Culture:

The work culture at 121 Financial Credit Union is typically member-focused, collaborative, and community-oriented, reflecting its credit union philosophy. Employees often emphasize teamwork and dedication to member financial well-being.

HQ Significance:

The headquarters is significant as the core decision-making and strategic planning center for the credit union, directing its growth, service offerings, and community engagement across Northeast Florida.

Values Reflected in HQ: The headquarters design and operations likely reflect values such as member service, security, professionalism, and community commitment.

Location:

121 Financial Credit Union primarily operates within Northeast Florida, focusing on serving its local member base. It does not have a physical global presence with international offices. However, like many credit unions, it participates in shared branching networks (such as CO-OP Shared Branch) which allow members to conduct transactions at thousands of participating credit union locations across the United States. They may also offer services like international wire transfers for members with global financial needs.

Street Address:

9700 Touchton Rd

City:

Jacksonville

State/Province:

FL

Country:

USA

121 Financial Credit Union's Global Presence

Middleburg, FL/USA

Address: 1714 Blanding Blvd, Middleburg, FL 32068

To extend accessible financial services and personalized support to members in the Middleburg community and surrounding areas of Clay County.

Orange Park, FL/USA

Address: 620 Wells Rd, Orange Park, FL 32073

Serves as a key financial service point for members residing or working in the Orange Park area, enhancing convenience and local engagement.

Jacksonville (Westside), FL/USA

Address: 7200 Normandy Blvd, Jacksonville, FL 32205

To cater to the financial needs of the Westside Jacksonville community, offering convenient access to banking solutions and member services.

Jacksonville (Mandarin), FL/USA

Address: 12250 San Jose Blvd, Jacksonville, FL 32223

Supports the financial well-being of members in the southern part of Duval County with tailored financial products and local expertise.

Buying Intent Signals for 121 Financial Credit Union

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of 121 Financial Credit Union

As of April 2025, 121 Financial Credit Union' leadership includes:

David Marovich - President & Chief Executive Officer
Adam Rylance - Chief Financial Officer
Cathy Hagan - Chief Experience Officer (CXO)
Brian Lull - Chief Lending Officer
Tom Struzzieri - Chief Information Officer

Investors of 121 Financial Credit Union

121 Financial Credit Union has been backed by several prominent investors over the years, including:

121 Financial Credit Union is a member-owned cooperative. As such, it is not publicly traded and does not have external equity investors in the traditional sense. Its capital is derived from its members' deposits and retained earnings.

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

David Marovich was appointed President & CEO in early 2023, succeeding Bruce Fafard who served as interim CEO. No other major publicly announced executive hires or exits have been noted in the immediate past 12 months for 121 Financial Credit Union.

Departures

Bruce Fafard, Bruce Fafard concluded his role as Interim CEO as David Marovich assumed the permanent CEO position.

New Appointments:

David Marovich, David Marovich was appointed President & CEO, taking leadership of 121 Financial Credit Union.

Technology (Tech Stack) used by 121 Financial Credit Union

Discover the tools 121 Financial Credit Union uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

121 Financial Credit Union Email Formats and Examples

While 121 Financial Credit Union does not publicly disclose its exact email format structure, common formats for organizations of its type include [first_initial][last]@[domain] or [first].[last]@[domain]. For example, using the domain 121fcu.org.

[first_initial][last]@121fcu.org (e.g., jdoe@121fcu.org) or [first].[last]@121fcu.org (e.g. john.doe@121fcu.org)

Format

dmarovich@121fcu.org (example, based on a common format for CEO David Marovich)

Example

70%

Success rate

News and media

CUInsightJanuary 9, 2023

121 Financial Credit Union names David Marovich new President and CEO

121 Financial Credit Union announced the appointment of David Marovich as its new President and Chief Executive Officer, effective January 9, 2023. Marovich succeeded Bruce Fafard, who served as Interim CEO....more

Jacksonville Daily RecordOctober 18, 2023

121 Financial Credit Union expands field of membership

121 Financial Credit Union announced an expansion of its field of membership to include individuals who live, work, worship, or attend school in Baker, Clay, Duval, Flagler, Nassau, Putnam, and St. Johns counties. This change allows more residents of Northeast Florida to access their services....more

121fcu.org (Official Website News)February 15, 2024

121 Financial Credit Union Gives Back to NEFL Educators Through Annual Teacher Grant Program

121 Financial Credit Union awarded grants to several Northeast Florida educators as part of its annual Teacher Grant Program. This initiative aims to support local teachers by funding classroom projects and educational resources....more

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