A Message from CEO Bill LawtonWe have a lot to be proud of as member-owners of Community Financial Credit Union. As a not-for-profit financial cooperative, we have a significant impact on our communities. Our volunteer board of directors, elected by our membership, makes sure that “Community Financial exists so consumers and businesses in our field of membership can enjoy sound financial health, and our communities are enriched.”
Our 2013 results show that we have once again successfully fulfilled our board’s promise. Thanks to the efforts of our team members, we once again received high service level ratings based on feedback from our members. The dedication our team members have on putting the needs of our membership and community first resulted in strong growth throughout the year. We continue to ensure that money saved by our members is responsibly loaned to other members in our communities. Our members borrow together and save together.
Community Financial Credit Union continues to evolve with the introductions of new technologies as we adapt to changing preferences in our society. In 2013, we implemented mobile check deposit to make banking even easier for our members. We also converted from a federally chartered credit union to a state chartered credit union in order better serve our surrounding communities and to be positioned to serve additional communities in the future. As a member of a state chartered credit union, your savings are still federally insured.
Our board also understands the importance of having healthy communities for our members to live in and for Community Financial Credit Union to do business in. In 2013, we were able to make even more contributions to community focused organizations than ever before. We also partnered with over 36 schools to help youth understand basic financial concepts such as thrift and the credit union philosophy. We did this through our student-run credit union, classroom presentations and junior achievement programs.
We enter 2014 with momentum gained from many years of putting members and community first. We are in a stronger financial position than ever before, and Community Financial is committed to providing you and those you refer to us with the highest level of personal service. You make this all possible as a member-owner. I hope in addition to being pleased with the service you receive, you also feel a sense of pride in being part of a very special cooperative that is changing lives and building stronger communities.