Suncoast Credit Union is expanding its partnership with Prospera to serve Hispanic entrepreneurs in Central and West Florida.
Suncoast team members presented a $40,000 check to Prospera on June 6th at its new branch in Osceola County, located in The Loop area of Kissimmee.
Through this renewed, expanded partnership, Suncoast will help sustain Prospera’s services in two regions and collaborate to achieve the overarching goal of strengthening local communities to be places of opportunity for economic growth and prosperity for all.
“Suncoast has worked with Prospera for several years in the Tampa area, with meaningful success because it has a direct correlation to our values of supporting the communities we live in, so they can grow and thrive,” said Kevin Johnson, Suncoast Credit Union, President & CEO. “Central Florida has a vast and vibrant Hispanic community, and we are honored to get the chance to serve them.”
Every $1 invested in Prospera generated $184 in economic impact, according to an Economic Analysis (Angelou Economics). Since its inception 31 years ago, Prospera has provided consulting to more than 22,000 entrepreneurs, and generated a total economic output of more than $4.9 billion.
“Prospera is very grateful to Suncoast Credit Union for its generous and ongoing support of its mission in the Greater Tampa Bay Area and now also in Central Florida,” said Augusto Sanabria, Prospera, President & CEO. “Furthermore, representatives of Suncoast Credit Union serve as volunteers in our organization and directly impact our service delivery and community engagement efforts. We are excited about this partnership renewal and look forward to making an even bigger difference in our communities together.”
Suncoast has deep ties to the Hispanic community. In January 2023, the credit union received the Juntos Avanzamos designation for its commitment to serving the Hispanic community and mission to help low- and moderate-income people and communities.
More than 80 percent of Suncoast Credit Union’s 76 branches have bilingual staff members, allowing members to speak in the language they are most comfortable in, and receive the customized service they deserve. Additionally, a third of Suncoast’s 2,400+ team members are Hispanic or Latino.
