62nd ANNUAL MEMBERSHIP MEETING. Your newly re-invented Tuscaloosa Teachers Credit Union 2014 ANNUAL REPORT
|
|
- Eleanor Russell
- 5 years ago
- Views:
Transcription
1 2014 ANNUAL REPORT RIVERFALL CREDIT UNION FORMERLY TUSCALOOSA TEACHERS CREDIT UNION 62nd ANNUAL MEMBERSHIP MEETING March 3, 2015 Your newly re-invented Tuscaloosa Teachers Credit Union
2 The RiverFall Story AGENDA As Tuscaloosa is reshaping itself with fresh eyes toward the future, one of its constants has been the nearby Black Warrior River, which lends strength, beauty and tranquility to the region. The river and the town are forever connected as the nearby river shoal represents the southernmost site, the fall line, on which the river can be forded. It was at this fall line where the community of Tuscaloosa was established. RiverFall has a rich tradition of helping the people of Tuscaloosa live their lives to the fullest. Since 1953, we ve empowered members with the smart financial tools and expert guidance they need to take advantage of every opportunity that comes their way. Over the years, Tuscaloosa has seen a lot of change and we ve grown right along with it. From our beginnings as Tuscaloosa Teachers Credit Union, we set out to build a better community one member at a time, and that s a commitment that still rings true today. These are exciting times for our city and its people. And we re here to help keep it going. CALL TO ORDER INVOCATION RECOGNITION ASCERTAINMENT OF A QUORUM SECRETARY S REPORT CHAIRMAN S REPORT TREASURER S REPORT SUPERVISORY COMMITTEE REPORT PRESIDENT S REPORT UNFINISHED BUSINESS About the RiverFall name: The use of River is a direct reference to the Black Warrior and Tombigbee, the two major rivers in West Alabama. These rivers flow through the 6 counties of our market Bibb, Fayette, Greene, Hale, Pickens, and Tuscaloosa. The use of Fall is a direct reference to the fall line in Alabama that separates the hilly Cumberland Plateau from the flat Coastal Plain. The fall line is a topographic trait of the Black Warrior and Tombigbee rivers. NEW BUSINESS OTHER THAN ELECTIONS ELECTIONS Board of Directors: Mr. Marlon Murray Board of Directors: Mrs. Deidra Charlton Supervisory Committee: Mr. Deron Cameron DOOR PRIZES ADJOURNMENT 1 2
3 MINUTES MINUTES TUSCALOOSA TEACHERS CREDIT UNION 61st ANNUAL MEMBERSHIP MEETING MARCH 4, 2014 CALL TO ORDER: The 61st Annual Membership Meeting of the Tuscaloosa Teachers Credit Union was called to order by Vice Chairman Dr. Steve Lamon on March 4, PRESIDING: Dr. Steve Lamon, Vice Chairman. INVOCATION: Mr. Jack Gibson, Director. ASCERTAINMENT OF A QUORUM: Dr. Steve Lamon welcomed members and declared a quorum present. RECOGNITION: The head table was introduced and credit union employees were recognized. SECRETARY S REPORT: Mrs. Nancy Terry presented the Secretary s Report as printed on pages 2-4 of the 2013 Annual Report. CHAIRMAN S REPORT: Dr. Steve Lamon presented the Chairman s Report. He referred to written material provided in the 2013 Annual Report. UNFINISHED BUSINESS: None. NEW BUSINESS OTHER THAN ELECTIONS: None. ELECTIONS: The following were nominated by the Nominating Committee for terms on the Board of Directors and Supervisory Committee. No petitions were presented by others interested. Board of Directors: Dr. Mike Daria Board of Directors: Dr. Byron Abston Board of Directors: Mr. Greg Hurst Supervisory Committee: Ms. Jennifer Box Supervisory Committee: Mr. Deron Cameron The nominees were elected by acclamation. DOOR PRIZES: Ms. Susan Butler, Marketing Director, conducted the drawings for door prizes. ADJOURNMENT: After drawing for door prizes, the meeting was adjourned. TREASURER S REPORT: Dr. Byron Abston, Treasurer, referred to the printed report provided in the 2013 Annual Report. SUPERVISORY COMMITTEE REPORT: Ms. Jennifer Box, Supervisory Committee Chairman, presented the Supervisory Committee Report. She reviewed information from the 2013 Annual Report. PRESIDENT S REPORT: President Greg Sassaman referred to his printed report. The floor was then opened for questions, of which there were none. 3 4
4 FINANCIALS FINANCIALS September 30, Cash and cash equivalents $ 6,554,928 $ 7,548,367 Investments: Available-for-sale 66,631,792 69,276,668 Other 800, ,001 Loans receivable, net of allowance for loan losses 39,000,674 37,241,562 Accrued interest receivable 382, ,956 Premises and equipment, net 2,746,736 1,721,450 National Credit Union Share Insurance Fund deposit 988, ,172 Assets acquired in liquidation 224, ,680 Other assets 1,342, ,810 Total Assets $ 118,672,761 $ 118,643,666 September 30, Liabilities Members' share and savings accounts $ 103,309,332 $ 104,675,469 Accrued expenses and other liabilities 724, ,384 Total liabilities 104,033, ,326,853 Commitments and contingent liabilities TUSCALOOSA TEACHERS CREDIT UNION STATEMENTS OF FINANCIAL CONDITION ASSETS LIABILITIES AND MEMBERS' EQUITY Members' Equity Regular reserve 6,375,000 6,375,000 Appropriated undivided earnings 687, ,085 Undivided earnings 8,989,631 7,990,797 Accumulated other comprehensive loss (1,412,560) (1,736,069) Total members' equity 14,639,156 13,316,813 TUSCALOOSA TEACHERS CREDIT UNION STATEMENTS OF INCOME September 30, Interest Income Interest on loans receivable $ 1,911,511 $ 2,040,357 Interest on investments 1,436,662 1,231,176 Interest income 3,348,173 3,271,533 Interest Expense Dividends on members' share and savings accounts 789, ,137 Interest on borrowed funds 1, Interest expense 790, ,163 Net Interest Income 2,557,958 2,297,370 Provision for Loan Losses 25,097 (22,396) Net Interest Income After Provision for Loan Losses 2,532,861 2,319,766 Non-Interest Income Fees and service charges 831, ,908 Other fees and charges 455, ,851 Non-interest income 1,287,642 1,332,759 3,820,503 3,652,525 Non-Interest Expense Compensation and employee benefits 1,272,403 1,351,143 Professional and outside services 630, ,668 Operations 401, ,200 Occupancy 276, ,187 Education and promotion 110, ,216 Loan servicing 109, ,106 Loss on disposition of assets acquired in liquidation, net 20,433 66,360 NCUA assessment - 79,512 Non-interest expense 2,821,669 3,044,392 Net Income $ 998,834 $ 608,133 Total Liabilities and Members' Equity $ 118,672,761 $ 118,643,
5 FINANCIALS TREASURER S REPORT STATISTICS Loans and Advances Made in ,395 Amount $ 14,898,209 Loans Charged-off in 2014 $ 101,566 Recoveries $ 37,214 Loans Charged-off Since Organization $ 4,444,228 Recoveries $ 1,617,437 Number of Members 8,345 RiverFall Credit Union continues to provide its members with sound financial services and solid credit union operations. During 2014, total assets increased to a little under $119,300,000, representing a modest gain of 0.6% from Shares showed a slight decrease (1.4%) from $104,800,000 to $103,400,000. For the year 2014, RiverFall Credit Union made 9,395 loans to members. These loans totaled just under $14,900,000, which was up 2.6% from the previous year. This loan growth is directly attributed to the commitment of RiverFall s leadership to provide competitive rates to our members. Additionally, RiverFall returned to its members in the form of dividends over $772,000. COMPARISON OF FIGURES Assets Shares Loans Members As of 12/31/2013 $ 118,560,305 $ 104,846,511 $ 38,101,549 8,459 As of 12/31/2014 $ 119,294,489 $ 103,363,108 $ 39,747,008 8,345 Amount of Change $ 734,184 ($ 1,483,403) $ 1,645,459 (114) % Change 0.6 % -1.4 % 4.3 % -1.4 % In this unsure financial climate, RiverFall members can be confident that our credit union will continue to be managed with prudence and practical moderation that will maintain its strong financial state has been an exciting year of forward thinking and planning, including renovations of existing facilities and the construction of new buildings. These improvements are part of an overall plan to stimulate growth and expand the scope of membership and services for our credit union. While the prospect of growth is exciting, RiverFall remains committed to serving our members, existing and new, with the best financial products and services possible through dedicated and personal relationships. We look forward to an exciting and successful SOURCE AND USE OF FUNDS IN 2014 SOURCE OF FUNDS AMOUNTS % OF TOTAL Loan Interest Income $ 1,896, % Investment Income $ 1,398, % Other Income $ 1,291, % TOTAL $ 4,586, % G. Neal Guy, Ed.S. Treasurer USE OF FUNDS Dividends $ 772, % Operating Expenses $ 2,863, % Undivided Earnings $ 950, % TOTAL $ 4,586, % 7 8
6 SUPERVISORY COMMITTEE REPORT Chairman s Report The Supervisory Committee of a credit union is created by law to act as the members representative in monitoring and guiding operations of the credit union, and is similar to an in-house audit committee found in many financial institutions. I have proudly served as chairman of the Committee for the year. Serving with me were Don Kelley and Deron Cameron. Responsibilities of the Committee include making sure the credit union has internal controls in place to protect credit union assets. During 2014, as in years past, we engaged the auditing firm Nearman, Maynard, Vallez, CPAs (NMV). This firm was selected from among several that were considered based on its principles, pricing, and references. It was formed in 1979 and has been serving only credit unions for more than 30 years. NMV conducted three audits: (1) Certified Audit for the period October 1, 2013 through September 30, 2014; (2) ACH (Automated Clearing House) Compliance Review; (3) OFAC (Office of Foreign Assets Control) & BSA (Bank Secrecy Act) Compliance Review. In addition to the annual, outsourced audits performed by NMV, the Supervisory Committee has also enlisted the assistance of, and delegated authority to, select credit union staff to perform various internal audit tasks on a periodic, ongoing basis. Some of these include random counts of teller drawers and vaults, review of account maintenance changes, and transaction verifications with members. Adherence to regulations by RiverFall Credit Union is monitored, and the credit union remains sound and in compliance. Jennifer Box Chairman The RiverFall Credit Union (formerly TTCU) Board of Directors would like to thank our members for another terrific year and for allowing our credit union to serve your financial needs. It goes without saying, but it has been a year of exciting and positive change for our credit union. A lot has changed since our meeting last year! Our credit union s business plan is coming to fruition. The signs of our change are visible as you visit our newly renovated branch in Northport, our brand new branch on Highway 69 South, and the new main branch downtown that is under construction. The changes you see are signs of the steadfast focus we have on ensuring our relevance in service to our members. We are committed to providing our members with a comfortable and accommodating approach for all financial needs. In the midst of this positive change, there are things that remain unchanged. The RiverFall Credit Union remains firm in its loyalty to the traditional values of our service for our 8,345 members. We remain committed to making sure that all of our members financial and personal needs are met with integrity, trust, and professionalism. As you review the Treasurer s report, you will see that RiverFall Credit Union remains fiscally sound and secure. This too shall remain our ongoing focus. We enter another year with great optimism for our future. Whether you are a longtime member or a new member, we are confident that your credit union has what you need. Our past has truly set us up for a bright future. On behalf of the RiverFall Credit Union Board of Directors, thank you for trusting us as your credit union. Mike Daria Chairman 9 10
7 PRESIDENT S REPORT In this space last year I remarked that 2013 had been the most profound for Tuscaloosa Teachers Credit Union since its establishment in 1953 and went on to suggest that in all likelihood, 2014 will surpass Times are changing! Times have changed! Welcome to RiverFall Credit Union! Although the official transition occurred in February 2015, the process had begun much earlier and the bulk of the groundwork took place throughout At this point, about a month into the re-creation process, we hope you are beginning to see and feel some of the improvements. We have much more to do but the progression is well underway and we are pleased with the resources now available, and with the more that soon will be. In looking back through prior years annual reports, it is interesting to note the first reference to this organization s transformation was in 2010 where it was explained why we have not yet proceeded with development of the Veterans Memorial Parkway (15th Street) property. There has been some consideration and temptation to initiate the project but, because of these economically tumultuous times, we have stayed the fiscally prudent course rather than creating substantial new expenses associated with a multi-million dollar facility requiring additional employees and increased operating expenses. Time has proven that a wise decision, as it had become evident that upgrading existing locations, products, and services was a higher priority than adding a new location. It is important to RiverFall officials and staff that you understand the motivations behind the credit union s new identity. The name is absolutely not about a turning away from the credit union s proud heritage and relationship with area educators. Rather, it is entirely about turning toward the credit union s long-time commitment to all of West Alabama. You will see that in our offices and in our actions over time. Be assured the plan remains to build on what Tuscaloosa Teachers Credit Union was to make RiverFall Credit Union even better, and to the benefit of even more. Our ultimate goal truly is to help you find your pace and grow your life. Greg Sassaman President 11
Y EARS. Annual Report
Y EARS 2018 Annual Report 2018 Board of Directors John A. Jones Chairman James E. Kidd Vice Chairman Jackie D. Cleghorn Treasurer Barry Brown Secretary Mary S. Edenfield-Gibbs Director Donald R. Hanson
More informationWHO WE ARE A Member Owned Cooperative Organization. OUR MISSION To Serve and Satisfy Our Members. OUR VISION A Billion Points of Service.
2017 ANNUAL REPORT 80 TH ANNUAL MEETING WHO WE ARE A Member Owned Cooperative Organization. OUR MISSION To Serve and Satisfy Our Members. OUR VISION A Billion Points of Service. OUR CORE VALUES Respect,
More information62nd ANNUAL. TexasHealth MEETING. March 27, :00 p.m. Lamar Senior Activity Center CREDIT UNION
62nd ANNUAL MEETING March 27, 2018 6:00 p.m. Lamar Senior Activity Center TexasHealth CREDIT UNION 2017/2018 Board of Directors TJ Nissen...Chairman Lisa Heino... Vice Chairman Jeff Taylor...Secretary
More informationMembers First Credit Union Annual Report 2014
Members First Credit Union Annual Report 2014 Table of Contents Directors and Management... 2 Agenda...,. 3 Minutes, 75 th Annual Membership Meeting.... 4 Treasurer s Report........ 8 Statement of Financial
More informationWCLA Credit Union Page 1. Annual Meeting 2018
Annual Meeting 2018 Annual Membership Meeting 2018 Northern Quest Resort & Casino March 17, 2018 AGENDA 1. Meeting Called to Order 2. Appointment of Recording Secretary 3. Secretary Determines if a Quorum
More information2010 ANNUAL MEETING ADDRESS Thoughts from our CEO and our Chairman of the Board
Texas Bay Area Credit Union Annual Report ANNUAL MEETING AGENDA February 8, 2011 THE ORDER OF OUR ANNUAL MEETING AGENDA IS FIXED BY SECTION 3.03, ARTICLE D OF OUR BY-LAW. The order of business at the annual
More information2017 ANNUAL MEETING. Central Middle School th Street. Tuesday, February 28, :30 p.m.
2017 ANNUAL MEETING Central Middle School 200 17 th Street Tuesday, February 28, 2017 5:30 p.m. VISION STATEMENT The community s first choice today and tomorrow MISSION STATEMENT MCT has a passion for
More informationANNUAL REPORT. Federally insured by NCUA
20 16 ANNUAL REPORT Federally insured by NCUA A WORD FROM THE PRESIDENT Thanks to our amazing members and dedicated staff, AFCU has achieved its best year in the 60-year history of the credit union based
More informationNEIGHBORHOOD CREDIT UNION 89TH ANNUAL MEMBER MEETING AGENDA
NEIGHBORHOOD CREDIT UNION 89TH ANNUAL MEMBER MEETING AGENDA I. Welcoming Remarks II. III. IV. Meeting Call to Order Appointment of Parliamentarian and Recording Secretary Introduction of Head Table V.
More informationFederal Credit Union. Federally Insured By NCUA.
Federal Credit Union Federally Insured By NCUA. 1 Annual Meeting of the Membership of United 1st Federal Credit Union March 10, 2015 2014 Annual Report 1. Chairwoman s Report 2. 2014 Annual Meeting Minutes
More informationBANK YOU LIKE OWN THE PLACE ...BECAUSE YOU DO! 2 FIRST SERVICE CREDIT UNION
1 FIRST SERVICE CREDIT CREDIT UNION UNION ANNUAL REPORT 2015 BANK LIKE YOU OWN THE PLACE...BECAUSE YOU DO! 2 FIRST SERVICE CREDIT UNION ANNUAL MEETING AGENDA Call to Order / Ascertainment of Quorum Designation
More information2015 ANNUAL REPORT. Northeastern University Federal Credit Union
2015 ANNUAL REPORT Northeastern University Federal Credit Union DIRECTORS, COMMITTEES AND OFFICERS FOR 2015 Directors Elected by the Credit Union members at the Annual Meeting for three-year terms 2016
More informationA smarter way to bank.
A smarter way to bank. Annual Report 2016 Vision Statement LGE Community Credit Union is a world-class organization committed to becoming the primary financial institution for our members. We will provide
More informationANNUAL MEETING OAK FARMS EMPLOYEES CREDIT UNION Leeland St. Houston, TX Phone: / Fax:
ANNUAL MEETING OAK FARMS EMPLOYEES CREDIT UNION 3430 Leeland St. Houston, TX 77003 Phone: 713.547.7188 / Fax: 713.223.1321 YEAR ENDING DECEMBER 2015 AGENDA Call Meeting to Order Ascertain a Quorum Reading
More informationTHRIVE Annual Report
THRIVE 2015 Annual Report table of contents 3 Board Chair s Report 6 Treasurer s Report 7 Financial Statements 8 Officials & Executive Management Board chair s report Marcy Catron, Board Chair The Credit
More informationCredit Union 1. Annual Report 2010
Credit Union 1 Annual Report 2010 In Memory of Nancy Roman September 30, 1939 - September 9, 2010 Credit Union 1 remembers former Director of Human Resources Nancy Roman From 1987-2007, Nancy touched the
More informationAnnual Report TABLE OF CONTENTS ANNUAL MEETING AGENDA. 1. Call To Order. 5. Old Business. 6. New Business. 7. Adjournment
2013 Annual Report TABLE OF CONTENTS 2 3 4 5 8 9 10 12 Annual Meeting Agenda Board Chair s Message President & CEO s Message Treasurer s Report Supervisory Committee Report Nominating Committee Report
More information2016 Accomplishments:
For 2016, we focused on growing our loans and shares while continuing our commitment to member education and improving service. This meant investing money in our branches, marketing and staff training.
More informationANNUAL. Federally Insured by NCUA
2017 REPORT ANNUAL Federally Insured by NCUA CHAIRMAN S REPORT Welcome to the 82nd Annual Meeting of 5Point Credit Union. Once again, our credit union continues to be a leading independent, not-for-profit
More informationYour Dream. Our Purpose.
2012 Annual Report Your Dream. Our Purpose. Your Dream. Our Purpose. Chairman/CEO s Report 3 Statement of Income 6 Supervisory Committee Report 4 Volunteers and Executive Staff 7 Treasurer s Report 4
More informationWe Do Local. You Do Life! Annual Report Simpler. Faster. Friendlier.
We Do Local. You Do Life! Annual Report 2017 Simpler. Faster. Friendlier. PRESIDENT S MESSAGE 2017 was a fantastic year for 1st United Credit Union. We celebrated our 85 th year as a financial cooperative.
More informationJeff Rose President and CEO
Jeff Rose President and CEO A Look Back at 2014 I would like to take this opportunity to thank you for being a member of Community 1 st Credit Union. I joined C1 st in November as the President and CEO.
More informationJay - New Father. Geneen Kennedy. Wendy Cleveland with members Jay, Leigh, and the triplets.
Wendy Cleveland with members Jay, Leigh, and the triplets. U T F e d e r a l C r e d i t U n i o n ANN U AL RE P OR T 2014 Friendly, responsive people helping you find the solutions for your lifetime of
More informationAnnual Meeting. March 21, 2017 Lamar Senior Activity Center 6:30 p.m. TexasHealth CREDIT UNION
61 st Annual Meeting March 21, 2017 Lamar Senior Activity Center 6:30 p.m. TexasHealth CREDIT UNION 2016 /2017 Board of Directors Harold Broadbent...Chairman TJ Nissen... Vice Chairman Lisa Heino...Secretary
More informationAnnual Report. The Relationship of a Lifetime
Annual Report 2017 The Relationship of a Lifetime A Message from the President/CEO and Board Chairman Dear Members, As we reflect on 2017, we are filled with a sense of pride. GHS Federal Credit Union
More informationProviding Financial Advantages Financial Condition Reporting of Advia Credit Union
Providing Financial Advantages 2017 Financial Condition Reporting of Advia Credit Union Message from our Board Chair, Marty Doorn Being a volunteer Board Member for Advia Credit Union comes both with a
More informationMission. Values. As stakeholders in the ongoing success of the Los Angeles Police Federal Credit Union, we value:
Mission To enhance the quality of life for the Los Angeles Police family by serving as a trusted partner providing rewarding financial solutions through exceptional service Values As stakeholders in the
More informationAGENDA BOARD OF DIRECTORS SUPERVISORY COMMITTEE NOMINATING COMMITTEE Annual Business Meeting March 1, Minutes of the Last Meeting
AGENDA 2016 Annual Business Meeting March 1, 2017 Call to Order Invocation Minutes of the Last Meeting Chairman s Report CEO Report Including Financials & Operations Supervisory Committee Report Nominating
More informationStanding OUT. Throughout the year, we updated several services that offer convenience, save time, and enhance your online security.
AnnualReport 2012 Standing OUT It is a long standing tradition for Tennesseans to answer the call to action, volunteer in service, provide a safe harbor for those in need, and offer protection to those
More informationAnnual REPORT. This credit union is federally insured by the National Credit Union Administration.
2017 Annual REPORT This credit union is federally insured by the National Credit Union Administration. Board of Directors Steve Hammonds Term Expiration: April 2020 Chair Don Rawe Term Expiration: April
More informationTM 2017 Annual Report
2017 Annual Report TM Message to Members Strong growth continued for your Credit Union in 2017. Many of the goals that we had set for ourselves were surpassed early in the year, allowing us to remain at
More information2017 Annual Report. growing. together. Federally Insured by NCUA
2017 Annual Report growing together Federally Insured by NCUA my story, my credit union, my life At Aventa, every member has a story. We hear them every day and we strive to give each person who walks
More informationANNUAL REPORT. SIMPLE Banking. SMART Solutions. PERSONAL Interactions
ANNUAL REPORT SMART Solutions SIMPLE Banking PERSONAL Interactions Table of CONTENTS 2-3 4-5 6-7 8 9 10 11 12 13 14 15 Meet the Team Annual Meeting Minutes A Message from our Chairman & CEO Treasurer s
More information2015 MARKED OUR 10-YEAR CELEBRATION OF INNOVATIONS SPARKING CHANGE.
2015 MARKED OUR 10-YEAR CELEBRATION OF INNOVATIONS SPARKING CHANGE. FINANCIALS: The local economy continued a positive trend with employment, tourism, industry, and real estate sales in 2015. We remain
More informationYour Dream. Our Purpose.
2013 Annual Report Your Dream. Our Purpose. Your Dream. Our Purpose. Chairman/CEO s Report 3 Statement of Income 6 Supervisory Committee Report 4 Volunteers and Executive Staff 7 Treasurer s Report 4
More informationReport from the President/CEO & Board Chairman
2015 Annual Report Report from the President/CEO & Board Chairman Paul Paulsen Chairman Board of Directors James D. Poplin President/CEO In 2015, Austin Telco Federal Credit Union maintained its commitment
More informationMonthly Report. February Monthly Report from the elected voluntary Board of Directors to the Membership of Retrailia RV Resorts
Monthly Report February 2016 Monthly Report from the elected voluntary Board of Directors to the Membership of Retrailia RV Resorts Board of Directors Patricia Kreis Chair, Ken Willis Vice Chair, Bob Schouten,
More informationRoy Geiselhart, Chairman
Following the 2014 SRP Federal Credit Union meeting I was elected by the Board of Directors to the position of Chair. For the past 16 years I have served on the Board and during most of that time held
More information79th Annual Meeting March 29, 2019 Maddock, ND
79th Annual Meeting March 29, 2019 Maddock, ND OFFICIAL NOTICE The 79 th Annual Meeting of North Star Community Credit Union of Maddock, Rugby, Bottineau, Cavalier, Grafton, Minot, Minot AFB, Velva, Butte,
More informationReliant Community Credit Union
2 0 1 2 ANNUAL REPORT www.reliantcu.com 10 Benton Place, PO Box 40, Sodus, NY 14551 800-724-9282 Brockport Canandaigua Geneva Henrietta Irondequoit Macedon Newark Sodus Webster This credit union is federally
More informationNorthern Indiana Federal Credit Union 81 st Annual Membership Meeting April 16, 2016
2015 Annual Report Northern Indiana Federal Credit Union 81 st Annual Membership Meeting April 16, 2016 Agenda 1. Call the Meeting to Order 2. Determination of a Quorum 3. Introduction of the Board of
More informationAnnual Report Your New Mexico Credit Union
Annual Report 2017 Your New Mexico Credit Union BOARD MEMBERS Lucy Sedillo, Board Chair Dan Mayfield, First Vice Chair Cynthia Borrego, Second Vice Chair Irene Serna, Secretary/Treasurer Dianne Montoya-Brown,
More informationAnnual Meeting Agenda
Annual Report 2017 Annual Meeting Agenda 1. Election and social hour 6-7 pm 2. Dinner buffet 7 pm 3. Business meeting following dinner A. Ascertain quorum B. Reading and approval of 2017 minutes C. Approval
More information2016 Agenda. Vision Statement. Mission Statement. Operational Changes
215 Annual Report 216 Agenda Verification of Quorum s Report President s Report Keith Kearney Approval of Minutes of 215 Meeting Report of The Treasurer Allan Griffin, Jr. Unfinished Business New Business,
More informationANNUAL REPORT. The new extended branch hours; especially 8 AM to 8 PM work great for my busy life. Jeannine, Gresham. 5 of 5
ANNUAL REPORT 2014 The new extended branch hours; especially 8 AM to 8 PM work great for my busy life. Jeannine, Gresham The President s Report Welcome to 64th Annual Meeting of Rivermark Com-munity Credit
More informationJohn W. Kline Chairman. Kelly Edwards Vice Chairman. Donald Bailey Treasurer. Ginger Thomas Secretary. Cody Johnson Director. Noah Seyfert Director
John W. Kline Chairman Kelly Edwards Vice Chairman Donald Bailey Treasurer Ginger Thomas Secretary Cody Johnson Noah Seyfert Gayle Sincavage Louis Tamburro Hallie Guiseppe A climate of persistently low
More informationChair s Report. Judy Cartmell
Chair s Report During 2016 our 80th year - your credit union continued to be financially strong and committed to improving our member-owners overall financial well-being. We showed our commitment to member-owners
More informationChair & President s Message
Annual Report 2017 Chair & President s Message 50 years ago, First Entertainment Credit Union opened its doors with the goal of serving the entertainment community. Guided by our credit union philosophy
More informationMission and Vision, Board of Directors, Executive Leadership Team...2. Message from Chairman of the Board: Johnny Williams...3
2017 ANNUAL REPORT Table of Contents Mission and Vision, Board of Directors, Executive Leadership Team...2 Message from Chairman of the Board: Johnny Williams...3 Message from CEO: Randy Theilig...4 Treasurer
More informationMeeting Agenda. 50 th Annual Meeting. Saturday, February, 21, 2004
Meeting Agenda 50 th Annual Meeting Saturday, February, 21, 2004 1. Establish quorum 2. Pledge of Allegiance 3. Appoint Recording Secretary 4. Reading and approval or correction of minutes of the 2003
More informationSEASONS OF CHANGE 2017 ANNUAL REPORT. 68 th Membership Meeting. Federally Insured by NCUA Equal Opportunity Lender
SEASONS OF CHANGE 2017 ANNUAL REPORT 68 th Membership Meeting Bloomington Fire Hall Friday, March 2, 2018 6:00 PM 301-359-3081 Toll-Free 800-292-8139 www.wepcofcu.com Federally Insured by NCUA Equal Opportunity
More informationTHANK YOU FOR BEING A VALUED MEMBER OF VYSTAR CREDIT UNION.
ANNUAL REPORT REPORT TO MEMBERS THANK YOU FOR BEING A VALUED MEMBER OF VYSTAR CREDIT UNION. Thanks to you, our valued members, was a year filled with exciting changes and growth for VyStar. Your credit
More informationIMPROVING THE QUALITY OF YOUR LIFE Annual Report
IMPROVING THE QUALITY OF YOUR LIFE 2016 Annual Report OUR MISSION General Electric Credit Union s driving force is to Improve the Quality of Life for our members and employees. With our growing capacity
More informationCity of Plymouth Credit Union Ltd. Annual General Meeting 2017 Agenda and Reports
City of Plymouth Credit Union Ltd Annual General Meeting 2017 Agenda and Reports Table of Contents Agenda... 2 Minutes of Annual General Meeting 2016... 3 Matters Arising from the Annual General Meeting
More informationANNUAL REPORT. Federally insured by NCUA.
2016 ANNUAL REPORT Federally insured by NCUA. Chairman s Letter to Members Dear Members, The job description of the board of directors is to set the general direction and control for the credit union;
More information2010 ANNUAL REPORT CORPORATE AMERICA FAMILY CREDIT UNION. CAFCU is the best and the easiest to use.
CORPORATE AMERICA FAMILY CREDIT UNION 2010 ANNUAL REPORT Friendly service, good rates, and the best people so far of all other places I know. ~ Renate, CT CAFCU is the best and the easiest to use. ~ Debbie,
More informationOVERTON POWER DISTRICT NO. 5 BOARD MEETING December 19, :00 P.M. Mesquite, Nevada
OVERTON POWER DISTRICT NO. 5 BOARD MEETING December 19, 2018 4:00 P.M. Mesquite, Nevada PRESENT: Mr. Mike Fetherston, Chairman Mr. Doug Waite, Vice Chairman Mr. Mike Young, Secretary / Treasurer Mr. Robert
More informationand Resorts Inc. Legacy Hotels REIT Units Credit Union Central Alberta
Emergency Medical Services Enmax Corporation 2013 Annual Calgary Report Transit CP and Resorts Inc. Legacy Hotels Working REIT Units Credit together Union Central Alberta Rail EnCana Corporation Fording
More informationPRESIDENT S REPORT. Ronald L. Westad President & CEO
2014 Annual Report PRESIDENT S REPORT Arizona Federal is a not-for-profit financial cooperative a group of people who have joined together in pursuit of our common goal: taking control of our financial
More informationVolunteers Wanted. We Take Our Managers Personally: Dana Fransen
MANAGER PROFILE We Take Our Managers Personally: Dana Fransen Dana Fransen is the branch manager for our Madera branch. Dana began her career at EECU over 17 years ago. She has held various positions within
More informationANTELOPE VALLEY PROUD
ANTELOPE VALLEY PROUD Credit unions were founded on the principle of people helping people, and that is something Edwards Federal Credit Union has remained committed to since our beginning more than 56
More informationThe Municipal Budget Committee Meeting of Wednesday October 28, 2015 was called to order at 7:00 p.m. at the Knightly Meeting Room.
Budget Committee October, 0 0 MINUTES OF THE BUDGET COMMITTEE MEETING OF October, 0 0) OPEN MEETING The Municipal Budget Committee Meeting of Wednesday October, 0 was called to order at :00 p.m. at the
More informationWelcome & Call to Order Approval of Minutes CEO/President s Report Supervisory Committee Report. Treasurer s Report Board Elections Adjournment
Welcome & Call to Order Approval of Minutes CEO/President s Report Supervisory Committee Report Treasurer s Report Board Elections Adjournment Annual meeting opened at 4:32 with 18 members present. Minutes
More informationFASNY FEDERAL CREDIT UNION ANNUAL REPORT FISCAL YEAR 2011
Supporting the Volunteer Fire Service FASNY FEDERAL CREDIT UNION ANNUAL REPORT FISCAL YEAR 2011 CONTENTS ANNUAL MEETING NOTICE... PAGE 2 CHAIRMAN & CHIEF OPERATING OFFICER S REPORT... PAGE 3 BALANCE SHEET
More informationEXECUTIVE MANAGEMENT BOARD OF DIRECTORS
BOARD OF DIRECTORS Gail Miner, Chairperson Gale Scott, Vice Chairperson Nicholas Benyo, Treasurer Stephen Doran, Secretary Tyler Hicks, Director Deyaniris Mercado, Director Rebecca Sant, Director Amy Shapero,
More informationAnnual Meeting Notice Meeting Date: Saturday, July 8, 2017 Time MDT: 8:00 a.m. to 8:30 a.m. Coffee & Registration
n active mountain community! Annual Meeting Notice Meeting Date: Saturday, July 8, 2017 Time MDT: Location: 8:00 a.m. to 8:30 a.m. Coffee & Registration 8:30 a.m. to 9:00 a.m. County Presentation on weeds
More informationStrength, Longevity, Endurance
2017 Annual Report Strength, Longevity, Endurance Celebrating 80 years of service! 80 th Annual Meeting Tuesday, April 17, 2018 5:00 p.m. Pledge of Allegiance. MEETING AGENDA 1. Call to Order. 2. Determine
More informationReading and District Indoor Bowls Club Ltd
Reading and District Indoor Bowls Club Ltd Notice of Annual General Meeting 10.00am Sunday 24 th September 2017 Registered Number 1010942 Limited by Guarantee Beech Lane, Earley, Reading, RG6 5PT Agenda
More informationMessage from Your Chairperson
2016 Annual Report Message from Your Chairperson 2016 was our first full year of being a community-chartered credit union. In late 2015, we converted our federal public service employees charter to a community
More informationWestpac Banking Corporation 2016 Annual General Meeting
Westpac Banking Corporation 2016 Annual General Meeting Adelaide, Australia Friday, 09 December 2016 Chairman s Address Lindsay Maxsted Introduction We are delighted to be holding our AGM in Adelaide.
More informationMarch 26, PM Annual Report. Community Choice Credit Union 6921 East 72nd Avenue Commerce City, Colorado
March 26, 2018 6 PM 2017 Annual Report Mission Statement To be a member-owned financial institution with growth, quality products, long-term financial stability, and superior service as its cornerstones.
More informationChairman s Report. Chairman s Report
2015 ANNUAL REPORT America s First Federal Credit Union is committed to its founding principle of improving the quality of members lives by maintaining a strong, secure, and innovative credit union that
More informationCU*BASE Software Upgrade Effective April 22, 2002*
Announcing... CU*BASE Software Upgrade Effective April 22, 2002* 3/13/02 Introduction It s Spring! Well, almost. At least it s time for our spring CU*BASE upgrade, anyway coming to all online credit unions
More informationMINUTES WAR MEMORIAL BOARD OF TRUSTEES SPECIAL MEETING Thursday, February 16, 2012
MINUTES WAR MEMORIAL BOARD OF TRUSTEES SPECIAL MEETING Thursday, February 16, 2012 The Board of Trustees of the War Memorial of San Francisco met in special session at 2:00 p.m. on Thursday, February 16,
More informationCHAIRMAN S REPORT. In every way, you embody the heart and soul of what Freedom Federal Credit Union is and stands for.
OU ARE CHAIRMAN S REPORT In every way, you embody the heart and soul of what Freedom Federal Credit Union is and stands for. YOU are Freedom. This is a belief that we adhere closely to every day within
More information2018 ANNUAL MEETING. Schedule of Events. In this issue: Churches & Businesses. Eastern Illini Electric Cooperative. June 7, 2018
Eastern Illini Electric Cooperative 2018 ANNUAL MEETING June 7, 2018 June 2018 In this issue: - Annual Meeting Events - Financial Report - Chairman and President Report - Annual Meeting Activities Schedule
More informationANNUAL REPORT. Open. Honest. Hardworking.
2016 ANNUAL REPORT Open. Honest. Hardworking. Honest To Goodness Report Since 2011, ABNB has been on a mission to save the Hampton Roads community from high-interest loans and low returns on their investments
More informationOPA Preparatory Academy Charter Schools
OPA Preparatory Academy Charter Schools 4740 Green River Road, Suite 210, Corona, CA 92880 Office: 951-496-4964 FAX: 951-496-4943 www.oxfordpreparatoryacademy.com Andrew Crowe, Managing Director September
More information2018 ANNUAL REPORT. Insured by NCUA
2018 ANNUAL REPORT Insured by NCUA It is refreshing to know that the simplicity of people helping people has been the heart of Credit Union ONE remaining relevant and delivering value to our members through
More informationEXECUTIVE MANAGEMENT BOARD OF DIRECTORS
BOARD OF DIRECTORS Gail S. Miner, Chairperson Gale C. Scott, Vice Chairperson Nicholas Benyo, Treasurer Stephen G. Doran, Secretary Mary Beth Drake, Director Tyler Hicks, Director Del Johnson, Director
More informationChairman s Message. Chair. Dr. Vic Buccola
Annual Report 2014 Chairman s Message Over the past several years, we ve watched mergers and consolidations reduce the total number of banks and credit unions in the country, reducing consumer choices.
More information2016 TOWER FEDERAL CREDIT UNION ANNUAL REPORT. Federally insured by NCUA.
2016 TOWER FEDERAL CREDIT UNION ANNUAL REPORT Federally insured by NCUA. Board of s Marie E. Rowland Chair Arland A. White Jr. Vice Chair Monte S. Dzurenko Treasurer Alan P. Smith Secretary R. Allen Brisentine
More informationSTAFF PRESENT: EILEEN RIORDAN CITY ATTORNEY STEPHANIE SHUMSKY PLANNING DIRECTOR JENNIFER CAMPOS SECRETARY
MINUTES OF A REGULAR MEETING OF THE CITY OF CARLSBAD EXTRATERRITORIAL ZONING COMMITTEE HELD IN THE MUNICIPAL BUILDING 101 N. HALAGUENO FEBRUARY 5, 2014 AT 7:30 A.M. MEMBERS PRESENT: JANELL WHITLOCK CITY
More information2014 Annual Repor t C e l e b r a t i n g 7 5 Y e a r s
2014 Annual Report C e l e b r a t i n g 7 5 Y e a r s Board of Directors Lumbee River EMC is governed by a 13-member Board of Directors. These member-directors are elected each year by their fellow co-op
More informationPartnership with a Purpose
Connect, Grow, Lead Partnership with a Purpose Retail Hot Prospect Campaign Brag About your Career Table of Contents 1 THE NEW PENN FINANCIAL STORY 2 LEADING BY EXAMPLE 3 SHELLPOINT FAMILY OF COMPANIES
More informationOur Mission. Our Values
2010 ANNUAL REPORT Our Mission To improve the financial security of members and their families To be the principal supplier of financial services to our members To maintain a sound conservative financial
More informationA Message from the President,
2015 Annual Report P O Box 70 1200 West Tyler Street Gilmer, TX 75644 Main: 903.843.2536 Fax: 903.843.2736 1.800.259.2536 www.urecc.coop A Message from the President, Welcome to the 79th annual membership
More informationWestpac Banking Corporation 2018 Annual General Meeting
Westpac Banking Corporation 2018 Annual General Meeting Perth, Australia Wednesday, 12 December 2018 Chief Executive Officer s Address Brian Hartzer Thank you Chairman, and good morning fellow shareholders.
More informationANNUAL REPORT FEDERALLY INSURED BY NCUA
ANNUAL REPORT 2017 FEDERALLY INSURED BY NCUA CREDIT UNION TRADITIONS Matanuska Valley Federal Credit Union (MVFCU) was founded in Palmer, Alaska, by a small group of New Deal farmers in the spirit of people
More informationAcorn Energy. Q Earnings Release/Investor Call August 15, 2018 at 11:00 a.m. Eastern
Q2 2018 Earnings Release/Investor Call CORPORATE PARTICIPANTS Bill Jones - IR - CEO Tracy Clifford - CFO Walter Czarnecki - CEO, OmniMetrix 1 PRESENTATION Good day, everyone. Thank you for holding. And
More informationExpect the Unexpected.
EXPECT THE UNEXPECTED 1 Expect the Unexpected. In, Kinecta asked its members to Expect the Unexpected. This simple phrase is our brand promise and serves as a constant reminder of our goal to deliver
More informationNOTICE OF ANNUAL MEETING FOR THE CORNERSTONE OWNERS ASSOCIATION, INC. APRIL 17, 2019 AT 2:00 P.M. MOUNTAIN TIME
NOTICE OF ANNUAL MEETING FOR THE CORNERSTONE OWNERS ASSOCIATION, INC. APRIL 17, 2019 AT 2:00 P.M. MOUNTAIN TIME All owners are invited to the Annual Meeting scheduled for Wednesday, April 17 at 2:00 p.m.
More informationYou make the difference
Co-opConnection 882 Wilson Road P.O. Box 477 Newberry, SC 29108 Office Hours 8 a.m. 5 p.m. Monday Friday General Information (803) 276-1121 (800) 479-8838 Fax: (803) 276-4121 nec.coop Nights, Weekends,
More information(Translation) Minutes of General Shareholder s Meeting No. 1/2012 of Thantawan Industry Public Company Limited Thursday April 26, 2012
Minutes of General Shareholder s Meeting No. 1/2012 of Thantawan Industry Public Company Limited Thursday April 26, 2012 Venue & Time : Meeting room, 39 th Floor at Suntowers Building Tower B, 123 Vibhavadi-Rangsit
More informationGrand re-opening 515 Branch pg 5
Hall of Famer Floyd Little Annual Meeting pg 3 Grand re-opening 515 Branch pg 5 It s Tax time pg 5 Winter 2017 An Empower Federal Credit Union Publication. Message From The President John Wakefield President/CEO
More informationMyths, Lies & Mutual Funds
Myths, Lies & Mutual Funds Successful and unsuccessful people do not vary greatly in their abilities. They vary in their desires to reach their potential. John Maxwell MYTH 1: You Have to Be an Expert
More informationDeKalb County Government Sycamore, Illinois. DEKALB COUNTY REGIONAL PLANNING COMMISSION MINUTES (March 23, 2017)
DeKalb County Government Sycamore, Illinois DEKALB COUNTY REGIONAL PLANNING COMMISSION MINUTES The DeKalb County Regional Planning Commission (RPC) met on March 23, 2017 at 6:30 p.m. in the DeKalb County
More informationRisk Review Committee Charter
Risk Review Committee Charter 1. About the Charter Purpose The Board of Directors of Coast Capital Savings (the Board ) has delegated to the Risk Review Committee (the Committee ) the responsibilities
More informationHartland Business Improvement District 2018 Operating Plan
Hartland Business Improvement District 2018 Operating Plan 2018 B.I.D. Board of Directors Tom Brass, B.I.D. President Mike Badani, B.I.D. Vice President Scott Heyerdahl, B.I.D. Secretary Cheryl Pfundter,
More informationMutual & Federal rebranding to OLD MUTUAL INSURE
Mutual & Federal rebranding to OLD MUTUAL INSURE Rebranding was not a decision that we took lightly, as Mutual & Federal has been a proud name in the South African insurance industry for many decades.
More information