Railroad & Industrial rebrands as Trax Credit Union

Railroad & Industrial Federal Credit Union in Tampa, Florida, has become Trax Credit Union.

The $442 million-asset institution adopted the name on Tuesday.

“Our credit union has been serving members for more than 85 years. Along the way we’ve seen the community change a lot,” CEO Pete Giorgianni said in a press release. “We decided to change our name in order to be more inclusive of all of our select employee groups and position us to serve generations to come.”

The credit union serves more than 41,000 members through nine branches in Hillsborough, Polk and Pasco counties.

Trax Credit Union earned $2 million in the second quarter, roughly double what it earned a year earlier, according to call report data from the National Credit Union Administration.

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