News & Promotions

We decided to celebrate Thanksgiving by giving back to those in our local community by offering to pay for their groceries at Food Lion locations in Kenansville, Spout Springs, Skibo Drive, Hope Mills, and the Westwood Shopping Center!

“We gave away over $3,000 in gift cards and got a lot of smiles back,” said President and CEO of Bragg Mutual, Steve Foley. “It’s the season of giving and that’s what we hope to accomplish — to give a gift. But we received back more than we gave in the form of smiles, stories, appreciation, and friendship. It was a humbling and heartwarming experience to help our members and community members alike.”

“This was indeed a wonderful experience and it made me feel very proud to be a part of an organization that gives back to the community,” said Natasha Cannon, Teller at Bragg Mutual’s Kenansville Branch. “My heart was touched as individuals shared their personal stories and expressions. I’m already looking forward to this Random Act of Thanksgiving next year!”

We hope to continue our Random Acts of Thanksgiving for years to come as a way to thank our community members for showing Bragg Mutual so much support over the years!

The weekend of March 10th saw Banking Regulators from the State of California and New York and also the FDIC close 2 very large banks, 1 in California and 1 in New York. These banks failed because of the poor management of Assets and Liabilities at those banks, it is not a reflection of a systemic economic failure. What does that mean for you, our member? Your money is safe at Bragg Mutual Federal Credit Union.

Silicon Valley Bank was heavily concentrated in loans to startup companies or venture capital investors tied to FinTechs and cryptocurrency clients. Signature Bank was heavily focused on banking cryptocurrency depositors. Heavy concentrations focused in one area, loans or deposits, is not the normal business model for banks or credit unions in the US financial ecosystem.

Bragg Mutual does not make startup business loans or offer venture capital investments. Our loan portfolio is well diversified, and we do not hold any deposits in Cryptocurrencies. We bank our members, not corporations. We are owned by our members, and not investors or corporations that do not have deposit accounts with us.

Federal Regulators took swift action to ensure every depositor at these two banks are able to access their funds. The FDIC will pay out in full, including any amount over the FDIC insured deposit.

The FDIC insures deposits at banks while credit unions are insured by a sister agency, the NCUA. Credit Union members have never lost a penny of insured savings at a federally insured credit union. Rest assured your money is safe at Bragg Mutual.

Someone might ask you to pay for something by putting money on a gift card, like a Google Play or iTunes card, and then giving them the numbers on the back of the card. If they ask you to do this, they’re trying to scam you. No real business or government agency will ever insist you pay them with a gift card. Anyone who demands to be paid with a gift card is a scammer. Read on to learn more about gift card scams.

To post your direct deposit early, log into It's Me 247 Online Banking as you normally would. If you have a pending direct deposit that qualifies for early direct deposit, you will see it when you log into mobile banking:

You can click on the "Not Now" option to dismiss this message, or click on the orange "Review" option to review your pending direct deposits. Clicking on "Review" will take you to a screen like this:

Any qualifying direct deposits will be listed. To post a direct deposit, click on the orange POST NOW option next to the direct deposit. You will be taken to a screen like this:

On this screen, you will review the details and make sure everything is correct. At the bottom, you have the option to select from which account the $20.00 early direct deposit will be drawn. Click "Back" if you want to go back to the previous screen or click on the orange "Accept Fee & Post" to post the direct deposit. You are done!

NOTE: You can post your direct deposit even if you don't have the $20.00 available in your accounts. Contact us at 910-222-1500 so that we can post the direct deposit for you and process the fee.

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Baseball Night at Segra Stadium!

Many of the staff members at Bragg Mutual joined the team at Segra for night of baseball at Segra Stadium. Go Woodpeckers!