News: Financial Digest

Direct Federal Credit Union hires Glezellis as business development manager

Jessica Glezellis, Direct Federal Credit Union Jessica Glezellis, Direct Federal Credit Union

Needham, MA Direct Federal Credit Union, a federally chartered and insured credit union serving the financial needs of the region since 1953, has named Jessica Glezellis to the position of business development manager. Glezellis’ role will include building relationships with area businesses to serve the financial needs of their employees.

Prior to joining Direct Federal Credit Union, Glezellis served as product marketing manager at Middlesex Savings Bank, and before that as a data analyst and marketing specialist for East Cambridge Savings Bank. She earned her bachelor’s degree in Marketing from the University of Massachusetts Boston.

“I am thrilled to join Direct Federal whose wide range of market-leading banking products sets them apart from the competition,” said Glezellis. “I look forward to building relationships with area businesses and delivering these products to their employees.

Joseph Walsh, President and CEO of Direct Federal Credit Union, said, “We are happy to welcome Jessica to our Direct Federal team. Her strong sales and service background will help reestablish important partnerships with employers and organizations in our community.

Since 1953, Direct Federal Credit Union has offered “Banking at the Rate of Life,” meaning low rates, excellent service and immediate access. As a not-for-profit, the federally chartered and insured credit union invests its earnings back into the credit union, enabling them to offer their 25,000 members exceptional loan and deposit rates. From mortgages, home equity lines, and auto loans to checking, savings, and CDs, Direct Federal provides an integrated array of products and services, all enhanced with the simplicity and convenience of the latest online and mobile technologies. Direct Federal Credit Union is located at 50 Cabot Street, Needham, MA. For more information, please call 781-433-2900 or visit www.direct.com.

MORE FROM Financial Digest
Financial Digest

Example Story Title FD 5

Boston, MA The fall season always marks the return of IFMA Boston events, and this year is no different. Registration is now open for IFMA Boston’s FMForward Deep Dive 2024. The FMForward Deep Dive 2024 Conference will be held on November 19th at the Babson Executive Conference Center in Wellesley, Mass.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Cracking the code: Understanding the pros and cons of Delaware Statutory Trusts for 1031 Exchange real estate investors - by Dwight Kay

Cracking the code: Understanding the pros and cons of Delaware Statutory Trusts for 1031 Exchange real estate investors - by Dwight Kay

In the realm of real estate investing, the 1031 exchange Delaware Statutory Trust can provide savvy real estate investors a unique opportunity to achieve passive management, the potential for regular monthly distributions, and a way to enter one of the most tax efficient real estate investment strategies available today.
Another reason to stay debt free in a 1031 Delaware Statutory Trust exchange - by Dwight Kay

Another reason to stay debt free in a 1031 Delaware Statutory Trust exchange - by Dwight Kay

It seems like every day there is another reason showcasing the reason why more and more investors are choosing to stay debt-free when investing in Delaware Statutory Trust (DST) properties in a 1031 exchange.
What’s UP with that? - by Kyle Kadish

What’s UP with that? - by Kyle Kadish

Investors have multiple tools to defer tax liabilities when selling investment properties. The best known is likely a 1031 exchange - which has been around in some form or fashion for over 100 years. Installment sales have existed as part of the code for more than 75 years. Newer legislation (2017) created Qualified Opportunity Zones (QOZs)
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property