News & Awards

Keesler Federal Launches Final $1 Million Debt Eraser, Bringing 2026 Member Giveback to $3 Million

Written by Admin | Oct 5, 2026, 8:47:39 PM

BILOXI, Miss.—Oct. 5, 2026—Keesler Federal Credit Union today announced the third and final installment of its 2026 Live Your Way Debt Eraser, completing a $3 million member giveback initiative. In this round, Keesler Federal will erase $1 million in credit card debt for at least 500 members as the holiday season approaches.


 

Eligible Keesler Federal credit card holders can register throughout October at KFCU.org/million. Winners will be randomly selected in mid-November, with up to $2,000 in credit card debt erased for each winner.

 

This latest Debt Eraser follows two previous $1 million member givebacks earlier this year. So far, more than 700 Keesler Federal members have each won thousands of dollars through the first two rounds. The first Debt Eraser helped members tackle credit card balances and erased up to $4,000 in debt per winner. The second Debt Eraser came in response to feedback from members who suggested Keesler Federal help tackle one of the biggest expenses in many household budgets: car payments. Winners received the equivalent of up to six months of auto loan payments, capped at $3,000 each.

 

Together, the three Debt Erasers represent $3 million directed toward reducing members’ debt in 2026, with each installment focused on a major financial obligation: credit cards or auto loans.

 

“Our members are at the heart of everything we do, and this is another meaningful way to show our members how much we appreciate their trust and loyalty,” said James Hollingsworth, chairman of the Keesler Federal Board of Directors. “By the end of this year, we’ll have erased $3 million of debt for members to help them live their way.”

 

To participate in the final Debt Eraser, members must have an eligible Keesler Federal credit card and register for the contest. Complete eligibility requirements, official rules and registration are available at KFCU.org/million.

 

About Keesler Federal

Established in 1947 in Biloxi, Keesler Federal is the largest credit union headquartered in Mississippi, with more than 400,000 members and $5 billion in assets. Named by Newsweek and Forbes in 2026 as one of the best credit unions in America, the not-for-profit cooperative has more than 50 branches in Louisiana, Mississippi, Alabama, and the UK. Keesler Federal membership is available to anyone who lives, works, worships, or attends school within its service areas. For more information, visit KFCU.org and follow us on Facebook, Instagram, X (Twitter), LinkedIn, and YouTube.

 

Contact:

Jennifer John, Public Relations & Media Manager

Jennifer.John@kfcu.org

(504) 371-6382 – direct

(504) 452-0788 – cell

 

T. Bradley Keith, Director of Public Relations & Communications

TBradley.Keith@kfcu.org

(228) 701-1347 – direct

(225) 364-5804 – cell