Stay up-to-date with the latest TAPCO news and press releases
Welcome to TAPCO Credit Union's Newsroom. Here, you'll find official announcements about our latest initiatives, product launches, community partnerships, and important updates. Stay up-to-date with the news that shapes our commitment to serving our members and improving financial well-being across the communities we serve.
Media Contact: Jacob Rose, Marketing Specialist, Marketing@TAPCOcu.org
TAPCO Credit Union Surprises Students of Hilltop Heritage Middle School with Grants to Turn $100 into $1,000,000 with Biz Kid$
TACOMA, WA - November 6, 2024 On Thursday, November 7th the students of Hilltop Heritage Middle School will experience class a little richer and quite surprised. Ninety-five students are receiving $100 each thanks to a grant of $9,500 from TAPCO Credit Union along with the book How to Turn $100 Into $1,000,000 to create hands-on learning. The event is part of a nationwide launch of the newly released 2nd Edition of the book written by the producers of the Emmy and Parent’s Choice Awards-winning TV series, Biz Kid$.
Hilltop Heritage is the fifth Title I school chosen to host an event with credit unions providing the grants and books in Detroit, MI, Canton, OH, Baton Rouge, LA, and Washington D.C. The grant from TAPCO Credit Union is the largest in the nation to date.
“It is remarkable that TAPCO Credit Union is giving kids that need it the most in Tacoma the opportunity to put the book’s lessons into practice,” said Jeannine Glista, one of the authors of How to Turn $100 Into $1,000,000 and an Executive Producer of Biz Kid$. “Who knows, some of them might actually become a millionaire which was the result for many of the teens featured on Biz Kid$!”
Glista touts giving the students grants to use the books as far more impactful than launching the 2nd edition of her best-selling book with signings in bookstores, and critically needed. The National Financial Educators Council released a report which found that all U.S. states fail to provide adequate basic financial education, and students are still flunking financial literacy.
“We chose Hilltop Heritage and Tacoma Public Schools because its leadership has made some of the biggest strides in the state and nation in outcome-based education,” said Justin Martin, TAPCO Credit Union CEO. “We know this innovative lesson can be life changing for these students.”
How to Turn $100 into $1,000,000, is a revised, comprehensive first guide to earning, saving, and investing money from the creators of the nationally syndicated, Emmy Award-winning public TV shows Biz Kid$ and Bill Nye the Science Guy. Bonus content that matches each chapter with video clips, digital tools and full episodes was also created to help parents support their child and bring the concepts to life for the reader. The book became available in stores on April 23 and is an Amazon Black Friday Deal this year.
Jamie Strayer, co-owner of Biz Kid$ and executive producer of Opportunity Knock$ on PBS who previously lived in the Tacoma Hilltop neighborhood praised Glista’s book as making a difference where other programs fall short, stating, "Teaching kids to become financially literate without money is like teaching an adult how to use software without a computer.”
Financial responsibility is a crucial skill that many struggle with throughout adulthood. How to Turn $100 into $1,000,000 introduces children to the concept of finances and lays out the importance of financial freedom.
“We are thrilled that our students have this opportunity from the Biz Kid$ team to learn practical tips about investing money, and grateful to TAPCO Credit Union for their generous donation to our students,” said Hilltop Heritage Middle School Principal Christine Brandt.
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About TAPCO Credit Union
TAPCO Credit Union is a not-for-profit financial cooperative serving individuals and businesses in Washington State. With a rich history dating back to 1934, TAPCO is dedicated to improving the financial lives of its members through personalized service, competitive products, and community engagement. TAPCO Credit Union offers a wide range of financial services, including savings accounts, checking accounts, loans, mortgages, credit cards, and investment options.
About Biz Kid$
Biz Kid$ is a national financial empowerment initiative based on the Emmy Award-winning PBS series. Produced by the creators of ‘Bill Nye The Science Guy,’ the brand includes 71 episodes, free teacher materials, games, online courses, and the very popular book ‘How To Turn $100 Into $1 Million (sold over 100,000 copies). Biz Kid$ is committed to breaking down barriers to financial education and creating opportunities for students to thrive economically. This initiative marks a new chapter in empowering the next generation with practical money management skills.
About the Authors
James McKenna and Jeannine Glista, along with Erren Gottlieb, are co-creators of Biz Kid$, a national financial educational initiative based on the Emmy Award–winning TV series of the same name. Matt Fontaine is a writer living on Vashon Island, Washington.
About Hilltop Heritage Middle School
Hilltop Heritage Middle School, in the heart of Tacoma’s Hilltop neighborhood, focuses on empowerment for its more than 400 students. Hilltop Heritage strives to make students academically, socially, emotionally and physically whole. The school aims to prepare every student for college and post-secondary learning through its commitments to AVID, restorative justice, and human rights.
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Justin Martin Named Best CEO by South Sound Business Magazine
TACOMA, WA - November 1, 2024 TAPCO Credit Union is proud to announce that Justin Martin, CEO of TAPCO, has been named “Best CEO” in the annual Best in Business Awards by South Sound Business Magazine. This prestigious honor, voted on by people throughout the South Sound, reflects the community’s deep appreciation for Justin’s exceptional leadership, unwavering dedication, and forward-thinking vision.
In a year marked by change, Justin has guided TAPCO through transformative technology upgrades, enhancing member experiences, and introducing new products that embrace a social impact banking model. His leadership has empowered TAPCO’s team to embrace innovation, improve services, and engage in meaningful partnerships within the community that are helping address issues of equity and access. TAPCO's success is built on the hard work, dedication, and support of its employees, whose collective efforts have driven the organization’s accomplishments and positioned it as a leader in the financial industry.
“We are thrilled by this recognition of Justin’s achievements,” said Chief Experience Officer William Peters. "This award is a testament to Justin's impact, the strength of our team, and their commitment to excellence. Together, we look forward to continuing our journey to serve our members and community with innovation and integrity.”
As TAPCO celebrates this achievement, the credit union remains dedicated to excellence, community engagement, and service.
Learn More about this year's winners on www.SouthSoundBiz.com
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About TAPCO Credit Union
TAPCO Credit Union is a not-for-profit financial cooperative serving individuals and businesses in Washington State. With a rich history dating back to 1934, TAPCO is dedicated to improving the financial lives of its members through personalized service, competitive products, and community engagement. TAPCO Credit Union offers a wide range of financial services, including savings accounts, checking accounts, loans, mortgages, credit cards, and investment options.
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TAPCO Credit Union Honored with 2024 Top of the Hill Award
TACOMA, WA - October 21, 2024 TAPCO Credit Union is proud to announce that it has been recognized as one of the recipients of the 2024 Top of the Hill Award, presented at the prestigious GoWest Credit Union Association’s MAXX Conference. This award highlights TAPCO's outstanding commitment to advancing advocacy priorities both at the state and federal levels.
The Top of the Hill Award is given to two credit unions in each state, recognizing their leadership in advocating for the financial well-being of their members and their engagement in legislative initiatives. TAPCO, alongside Gesa Credit Union, was selected as a 2024 honoree for Washington.
"We are incredibly proud of this recognition," said Justin Martin, CEO at TAPCO Credit Union. "Our advocacy efforts on behalf of our community, members, and employees are helping to shape public policy in a way that drives a more equitable and inclusive community. One that moves us toward our vision of "Financial Well-Being for All."
Bethany Neiman, who represented TAPCO at the conference, had the honor of accepting the award on behalf of the credit union during the GoWest Awards gala. In addition to this recognition, TAPCO will be formally acknowledged at Washington’s Day at the Capitol during the 2025 legislative session, further underscoring its role as a leader in credit union advocacy.
GoWest Credit Union Association is a six-state organization serving more than 300 credit unions and their 17.4 million consumer members.
For more information about TAPCO Credit Union and its ongoing advocacy efforts, please visit www.TAPCOcu.org.
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About TAPCO Credit Union
TAPCO Credit Union is a not-for-profit financial cooperative serving individuals and businesses in Washington State. With a rich history dating back to 1934, TAPCO is dedicated to improving the financial lives of its members through personalized service, competitive products, and community engagement. TAPCO Credit Union offers a wide range of financial services, including savings accounts, checking accounts, loans, mortgages, credit cards, and investment options.
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TAPCO Credit Union Wins Best Credit Union in Pierce County
TACOMA, WA - October 18, 2024 TAPCO Credit Union is proud to announce its recognition as the Best Credit Union in Pierce County in The News Tribune’s Best of Pierce County Awards. This award, which is voted on by local residents, solidifies TAPCO’s position as a trusted financial institution within the South Sound community.
"We are incredibly honored to be named the Best Credit Union in Pierce County,” said Justin Martin, CEO of TAPCO Credit Union. "This recognition is a testament to our team’s commitment to providing personalized service, financial education, and innovative products that truly meet the needs of our members."
For 90 years, TAPCO has been serving Tacoma and Pierce County, offering a wide range of financial services including checking and savings accounts, home and auto loans and products to service small businesses. With a member-focused approach, TAPCO has remained steadfast in its mission to support the local community and enhance financial well-being for all through personal relationships and expert guidance.
In addition to being known for its excellent service, TAPCO is dedicated to giving back to the community through various philanthropic efforts and initiatives aimed at empowering members to achieve their financial goals.
More about the Best of Pierce County visit:
https://www.bestofpiercecounty.com/categories/2024
https://www.bestofpiercecounty.com/listing/2024/credit-union
For more information about the TAPCO Credit Union, their products, and services, please visit the website: TAPCOcu.org.
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About TAPCO Credit Union
TAPCO Credit Union is a not-for-profit financial cooperative serving individuals and businesses in Washington State. With a rich history dating back to 1934, TAPCO is dedicated to improving the financial lives of its members through personalized service, competitive products, and community engagement. TAPCO Credit Union offers a wide range of financial services, including savings accounts, checking accounts, loans, mortgages, credit cards, and investment options.
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TAPCO Credit Union Promotes Richard Stirgus to VP of Community Relations
TACOMA, WA - October 8, 2024 TAPCO Credit Union is proud to announce the promotion of Richard Stirgus to Vice President of Community Relations. In this role, Richard will lead TAPCO’s efforts to deepen its community engagement, strengthen partnerships with local organizations, and enhance its impact on the Tacoma region.
Richard’s journey with TAPCO began as Assistant Vice President (AVP) of Community Relations, where he played a key role in establishing meaningful connections and driving the credit union’s community initiatives. His promotion to VP reflects his outstanding contributions and leadership within the organization.
Richard Stirgus embarked on his financial journey with determination after graduating from the University of Nevada, Reno. He entered the banking industry through a competitive branch manager training program, advancing through a variety of roles—including teller, banker, service manager, business banker, and branch manager—where he led teams and engaged his community for over a decade. His transition to business banking broadened his expertise, allowing him to empower small businesses. Later, in the mortgage sector, Richard helped clients navigate home financing, believing strongly in real estate as a tool for building generational wealth.
Now, as VP of Community Relations, Richard continues to champion financial empowerment, fostering meaningful connections and advocating for underserved communities. His leadership is instrumental in advancing TAPCO’s mission.
“We are thrilled to promote Richard to our leadership team,” said Bill Peters, Chief Experience Officer (CXO) of TAPCO Credit Union. “His broad experience, passion for community development, and proven track record at TAPCO make him the ideal leader to drive our community engagement forward.”
For more information about the TAPCO Credit Union, their products, and services, please visit the website: TAPCOcu.org.
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About TAPCO Credit Union
TAPCO Credit Union is a not-for-profit financial cooperative serving individuals and businesses in Washington State. With a rich history dating back to 1934, TAPCO is dedicated to improving the financial lives of its members through personalized service, competitive products, and community engagement. TAPCO Credit Union offers a wide range of financial services, including savings accounts, checking accounts, loans, mortgages, credit cards, and investment options.
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MultiCare Health System and TAPCO Credit Union Enter into Equitable Banking and Lending Partnership
TACOMA, WA - October 1, 2024 – MultiCare Health System and TAPCO Credit Union are proud to announce this new partnership, aimed at promoting increased financial access and equity for MultiCare’s large and increasingly diverse workforce.
This collaboration reflects the shared goal of MultiCare and TAPCO Credit Union to foster a financially inclusive environment where all employees can thrive.
Our partnership will empower MultiCare employees and volunteers by ensuring equitable access to financial services, regardless of their income or background,” says Shareka Fortier, MultiCare’s Chief Belonging Officer. “This partnership is another step on our journey toward fostering a genuine culture of belonging for our employees.”
As part of this partnership, TAPCO will offer a suite of financial products and services designed to enhance economic access and stability for MultiCare employees, their family members, and MultiCare volunteers.
These services include, but are not limited to:
- Promoting Financial Inclusion: Increasing access to equitable credit and financial services for all employees, particularly those who have been historically marginalized.
- Ensuring Fair Banking and Lending Practices: Developing and implementing banking and lending practices that are transparent, fair, and non-discriminatory.
- Empowering Communities: Providing financial education and resources to empower individuals to make informed decisions about banking, borrowing, and credit utilization.
- Fostering Economic Growth: Supporting economic development within communities by offering equitable banking and lending products.
TAPCO Credit Union is offering services and support through its Affinity Program. This program is designed to address the unique financial needs of MultiCare employees, providing tailored solutions to help them achieve financial stability and success.
“We are thrilled to partner with MultiCare around increasing equity and access for their employees,” said TAPCO CEO Justin Martin. “We look forward to contributing to their financial well-being and long-term success through our tailored services, financial education and a shared commitment to economic empowerment for all.”
For more information about the TAPCO Credit Union, their products, and services, please visit the website: TAPCOcu.org.
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About TAPCO Credit Union
TAPCO Credit Union is a not-for-profit financial cooperative serving individuals and businesses in Washington State. With a rich history dating back to 1934, TAPCO is dedicated to improving the financial lives of its members through personalized service, competitive products, and community engagement. TAPCO Credit Union offers a wide range of financial services, including savings accounts, checking accounts, loans, mortgages, credit cards, and investment options.
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Jeremy Mandery Joins TAPCO Credit Union as Chief Lending Officer
TACOMA, WA - September 25, 2024 – TAPCO Credit Union is proud to announce that Jeremy Mandery has joined the organization as the new Chief Lending Officer (CLO). Jeremy brings a wealth of experience and expertise in the lending space, with a proven track record of success in leadership roles. Most recently, Jeremy served as Vice President of Lending and Credit Administration at Kitsap Credit Union, where he oversaw all aspects of lending and collections. He also played a key role in introducing innovative products that enhanced the member experience and optimized workflows for employees.
A native of Gig Harbor, Jeremy is deeply connected to the local community. His passion for supporting the region was evident throughout the interview process, where he expressed a strong commitment to focusing TAPCO’s lending efforts on serving the entire community. Jeremy’s vision includes developing products and services that foster prosperity for all, particularly underserved segments, through equitable and inclusive solutions. His previous work with a Community Development Financial Institution (CDFI) reflects his dedication to engaging diverse communities and promoting equity in financial services.
"We are thrilled to welcome Jeremy to the TAPCO team," said Justin Martin, CEO of TAPCO Credit Union. "His experience, combined with his local roots and commitment to community-focused lending, makes him the perfect fit to lead our lending efforts. Jeremy’s forward-thinking approach will ensure TAPCO continues to deliver exceptional value to our members, while advancing our mission of fostering financial well-being and inclusivity."
As TAPCO's Chief Lending Officer, Jeremy will spearhead initiatives that align with TAPCO’s dedication to delivering innovative financial products while supporting the broader community. His leadership will strengthen TAPCO’s commitment to serving the financial needs of the entire South Sound region.
About TAPCO Credit Union
TAPCO Credit Union is a not-for-profit financial cooperative serving individuals and businesses in Washington State. With a rich history dating back to 1934, TAPCO is dedicated to improving the financial lives of its members through personalized service, competitive products, and community engagement. TAPCO Credit Union offers a wide range of financial services, including savings accounts, checking accounts, loans, mortgages, credit cards, and investment options.
For more information about TAPCO Credit Union and its range of financial services, please visit www.TAPCOcu.org
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TAPCO Credit Union Breaks Ground on New Frederickson Branch
TACOMA, WA - June 6, 2024 - TAPCO Credit Union is excited to announce the groundbreaking of its new full-service branch in Frederickson, WA. This event marks a significant milestone in TAPCO’s 90-year history and exemplifies the organization’s ongoing commitment to the community of Tacoma and Pierce County.
The groundbreaking ceremony will take place on June 6, 2024, from 9:30 am to 10:30 am at the future site of the TAPCO Frederickson Branch, located at 5320 176th St E, Tacoma, WA 98446. The event will feature light refreshments in celebration of community and growth.
CEO's Address:
In his speech, TAPCO Credit Union CEO Justin Martin expressed deep gratitude and pride in this momentous occasion. He then acknowledged the traditional homelands of the Puyallup and Nisqually Tribes and the broader Coast Salish tribes, recognizing their enduring stewardship of the land. "This land acknowledgment is one small step toward true allyship, and we commit to uplifting the voices, experiences, and histories of the Indigenous people of this land and beyond," said Martin.
Reflecting on TAPCO's journey since its founding in 1934, Martin highlighted the credit union's growth from its humble beginnings under the stairs of the Old City Hall in downtown Tacoma. He emphasized TAPCO's resilience, innovation, and unwavering community spirit throughout its history, noting that while the name has evolved, the dedication to members and the community has remained steadfast.
Celebrating the groundbreaking of the new Frederickson Branch, Martin remarked, "This branch is not just a symbol of growth and progress; it is a testament to the enduring strength of TAPCO and the communities we serve." Designed to be a community hub, the new location will include a dedicated community space, embodying TAPCO’s commitment to grow alongside the Frederickson area.
Martin extended heartfelt thanks to Momentum Inc. and Helix Design Group for their invaluable contributions to the project. "As we embark on this new chapter in our history, let us do so with gratitude for our past, excitement for our future, and a renewed dedication to serving the needs of our members and our community," he concluded.
About TAPCO Credit Union
Founded in 1934, TAPCO Credit Union has been serving the Tacoma and Pierce County communities for 90 years. Originally established as City Credit Union of Tacoma by nine city employees, TAPCO has grown and evolved, always with a focus on resilience, innovation, and community spirit. TAPCO remains dedicated to providing exceptional financial services and fostering community growth and development.
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TAPCO Credit Union Ranked #2 in Washington State by Forbes
TACOMA, WA - June 23, 2023 - TAPCO Credit Union is proud to announce that it has been ranked as the second-best credit union in Washington State in the prestigious "America's Best Credit Unions in Each State" list for 2023, published by Forbes. This recognition highlights TAPCO's unwavering commitment to providing exceptional financial services and demonstrates its strong position in the competitive financial landscape.
To compile the list, Forbes partnered with independent market research firm Statista to survey US consumers, analyzing various factors such as customer service, the quality of the financial advice representatives offer, whether fees are transparent and reasonable, ease of navigating the company website, and on-location branch services. TAPCO Credit Union's remarkable achievement in being included on this national list, as well as securing the second position in Washington State, underscores its exceptional financial service offerings and dedication to meeting the evolving needs of its members.
TAPCO Credit Union has consistently strived to deliver innovative financial solutions that enhance the financial well-being of its members. By focusing on personalized service, advanced digital banking technologies, and competitive products, TAPCO is a trusted partner for its members throughout Washington State.
"We are thrilled and honored to be included on such a prestigious list and to be recognized as one of the best credit unions both nationally and in Washington State by Forbes," said Justin Martin, CEO of TAPCO Credit Union. "This accolade reflects our commitment to providing superior financial services, exceptional member experiences, and fostering long-term relationships built on trust and integrity. We would like to extend our heartfelt gratitude to our dedicated employees and loyal members for their continuous support and trust."
TAPCO Credit Union's dedication to community development and financial literacy programs has been a driving force behind its success. The credit union actively engages in philanthropic initiatives, supporting various local organizations and community events and empowering individuals to make informed financial decisions.
As TAPCO Credit Union celebrates this significant achievement, it remains committed to its core values of member-centricity, financial expertise, and community support. With a steadfast focus on innovation and member satisfaction, TAPCO aims to elevate its services further and deliver unparalleled value to its members in Washington State.
About TAPCO Credit Union
TAPCO Credit Union is a not-for-profit financial cooperative serving individuals and businesses in Washington State. With a rich history dating back to 1934, TAPCO is dedicated to improving the financial lives of its members through personalized service, competitive products, and community engagement. TAPCO Credit Union offers a wide range of financial services, including savings accounts, checking accounts, loans, mortgages, credit cards, and investment options.
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TAPCO Credit Union Earns Community Development Certification to Better Serve Pierce County and South Sound
Hard-working people in Pierce County have not received the economic opportunities they deserve. TAPCO Credit Union is working to make a difference in the lives of our members, consumers and community.
The U.S. Treasury Department’s Community Development Financial Institutions Fund recently certified TAPCO Credit Union as a Community Development Financial Institution (CDFI). This designation is available only to organizations that have proven they provide financial services and products in communities that lack access to traditional banking services. CDFI Certification is granted with the purpose of generating economic growth and opportunity in some of the nation's most distressed communities.
Justin Martin, CEO of TAPCO CU, noted, "TAPCO plans on leveraging this certification to obtain grant funding to further expand our products and services to address areas of inequity in our community. We are thankful for the opportunity to earn this designation, as future grant funding will allow us to do more for our community and the people the financial system has historically underserved."
The CDFI Fund was established in 1994 to boost lending and community development through certified CDFI institutions, allowing them to expand their reach into in economically distressed areas and underserved communities. CDFI Certification opens opportunities for institutions to access CDFI grant funds, which must be used to support financially vulnerable residents and communities.
TAPCO Credit Union partnered with CU Strategic Planning, the largest credit union consultancy focused on CDFI certification and grant fund applications, as well as strategic planning, financial empowerment and DEI (Diversity, Equity and Inclusion) initiatives. “The work our client credit unions do to unlock opportunities within their communities is essential to help eliminate banking deserts, eradicate predatory lending and reduce generational poverty across the United States,” CU Strategic Planning CEO/Co-Owner Stacy Augustine said. “CDFI certification opens pathways to additional capital that credit unions can then pump into their communities to improve the lives of their members and those around them.”
"Our next step will be to work with CU Strategic Planning to analyze data around underserved populations in our area. We will seek CDFI grant funding to add products and services that will leverage access to financial services and help address systematic issues perpetuating exclusion from the financial system," stated Justin Martin.
About TAPCO Credit Union
TAPCO Credit Union was founded in 1934 (as City Credit Union of Tacoma) by nine city employees who sought a better way of banking. The credit union’s first branch was located under the stairs of the Old City Hall in downtown. As membership grew, the name changed to Tacoma-Pierce County Employees Credit Union and was eventually consolidated to TAPCO Credit Union to represent Tacoma and Pierce County. As Pierce County’s oldest credit union, we are proud of our roots in the community.
About CU Strategic Planning
For 15 years, CU Strategic Planning is the No. 1 CDFI certification and grant-writing firm for credit unions in the U.S. Through grants, strategic and tactical planning, DEIBA consulting, HERO Community Development Financial Counselor training, community summit facilitation and more, CU Strategic Planning achieves its mission to unlock opportunities for credit unions to change lives and their communities. CU Strategic Planning’s funding procured for CDFI credit unions has reached $800 million.
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