Unitus Credit Union experienced growth and success in 2010 by focusing on its members and community. Membership grew 6.2% as the credit union strengthened risk management, expanded small business lending to help businesses survive and thrive, and provided tools to help members manage their personal finances. Unitus also improved access and convenience for members through mobile banking and feedback systems. The credit union was recognized for its corporate philanthropy in supporting members and the local community during challenging economic times.
Unitus Community Credit Union had a successful year in 2007 despite economic challenges. Membership grew with over 4,200 new members joining. The credit union offered numerous financial education seminars and counseling sessions to help members. Mortgage lending increased with over $66 million in home loans issued. New accounts like Unitus Rewards Checking were introduced. The credit union also expanded services, increased community support through employee volunteering and donations, and will be opening two new branch locations in 2008.
1) Unitus Community Credit Union saw growth in 2009 despite economic challenges, adding over 3,300 new members for 6% growth and increasing assets by 10%.
2) The credit union helped many members by refinancing mortgages, growing its business loan portfolio by 60%, and providing affordable auto loans through its subsidiary.
3) Unitus focuses on service, financial education, and giving back to the community, volunteering over 1,300 hours and donating $58,685 to local causes in 2009.
The document is Unitus Community Credit Union's 2011 annual report. It summarizes the credit union's performance and activities in 2011. Some key details include:
- In 2011, Unitus experienced 7.7% membership growth and 5.65% deposit growth. It originated over $300 million in loans.
- The credit union was recognized for its corporate philanthropy and commercial lending. It also placed highly in best places to work rankings.
- Technological improvements were made to online and mobile banking to improve the member experience. New branches opened to increase access.
- Financially, assets grew 1.8% to over $825 million while maintaining strong capital reserves above regulatory requirements. The
The document is the 2014 annual report for First Community Credit Union. It discusses the credit union's strong financial performance in 2014, including growth in membership, loans, and assets. It highlights initiatives like opening a new branch location and improving digital banking options. The report contains messages from the Chairman and CEO, financial statements and graphs, and summaries of the audit and credit committees. It also celebrates the credit union's 60th anniversary and provides an overview of its real estate and commercial lending services.
This document lists various training courses available to Warwickshire County Council, including: courses on the Mental Capacity Act, Deprivation of Liberty Safeguards, transition assessments, working with health and other services, safeguarding duties and responsibilities, personal safety planning, email stress management, customer service, display screen equipment, personal resilience, continuing healthcare, safeguarding adults levels 1 and 2, information compliance, Care Act duties and responsibilities, local authority duties, carers assessments, independent advocacy, charging and financial assessment, deferred payments, care and support planning, personal budgets, direct payments, review of care and support plans, effective transitions, partnerships and cooperation, equality and diversity, and Police and Criminal Evidence Act.
Association Financial Services provides loans and lines of credit to condominium and homeowner associations when banks say no. They offer innovative funding solutions and consider different lending criteria than banks. They also help associations struggling with bank loan payments by modifying or refinancing loans for more favorable terms. Their services include various types of loans as well as back office solutions and strategic programs for property management.
Electric Service Credit Union is celebrating its 60th anniversary in 2011. It was founded in 1951 by 11 employees of Nashville Electric Service and has since expanded to allow anyone living or working in Davidson or Sumner Counties to join. Over the years, ESCU has grown from an initial $5 deposit to over $50 million in assets and 5,000 members. It continues to offer services like loans, savings accounts, and financial education to members.
Long Term Care CXO Summit Fall 2013 - Interview with: Don Chapin, CELA, Presi...marcus evans Network
Medicaid pending cases are a big liability for nursing homes. Don Chapin, president of National Eligibility Solutions, states that nursing homes need access to real-time information on incoming residents to understand how they can get paid and ensure long-term financial viability. Currently, most nursing homes wait until private payment runs out before applying for Medicaid, but applying earlier could significantly reduce bad debts and increase profits. National Eligibility Solutions provides consulting services to help nursing homes obtain necessary information to streamline the Medicaid application process.
Unitus Community Credit Union had a successful year in 2007 despite economic challenges. Membership grew with over 4,200 new members joining. The credit union offered numerous financial education seminars and counseling sessions to help members. Mortgage lending increased with over $66 million in home loans issued. New accounts like Unitus Rewards Checking were introduced. The credit union also expanded services, increased community support through employee volunteering and donations, and will be opening two new branch locations in 2008.
1) Unitus Community Credit Union saw growth in 2009 despite economic challenges, adding over 3,300 new members for 6% growth and increasing assets by 10%.
2) The credit union helped many members by refinancing mortgages, growing its business loan portfolio by 60%, and providing affordable auto loans through its subsidiary.
3) Unitus focuses on service, financial education, and giving back to the community, volunteering over 1,300 hours and donating $58,685 to local causes in 2009.
The document is Unitus Community Credit Union's 2011 annual report. It summarizes the credit union's performance and activities in 2011. Some key details include:
- In 2011, Unitus experienced 7.7% membership growth and 5.65% deposit growth. It originated over $300 million in loans.
- The credit union was recognized for its corporate philanthropy and commercial lending. It also placed highly in best places to work rankings.
- Technological improvements were made to online and mobile banking to improve the member experience. New branches opened to increase access.
- Financially, assets grew 1.8% to over $825 million while maintaining strong capital reserves above regulatory requirements. The
The document is the 2014 annual report for First Community Credit Union. It discusses the credit union's strong financial performance in 2014, including growth in membership, loans, and assets. It highlights initiatives like opening a new branch location and improving digital banking options. The report contains messages from the Chairman and CEO, financial statements and graphs, and summaries of the audit and credit committees. It also celebrates the credit union's 60th anniversary and provides an overview of its real estate and commercial lending services.
This document lists various training courses available to Warwickshire County Council, including: courses on the Mental Capacity Act, Deprivation of Liberty Safeguards, transition assessments, working with health and other services, safeguarding duties and responsibilities, personal safety planning, email stress management, customer service, display screen equipment, personal resilience, continuing healthcare, safeguarding adults levels 1 and 2, information compliance, Care Act duties and responsibilities, local authority duties, carers assessments, independent advocacy, charging and financial assessment, deferred payments, care and support planning, personal budgets, direct payments, review of care and support plans, effective transitions, partnerships and cooperation, equality and diversity, and Police and Criminal Evidence Act.
Association Financial Services provides loans and lines of credit to condominium and homeowner associations when banks say no. They offer innovative funding solutions and consider different lending criteria than banks. They also help associations struggling with bank loan payments by modifying or refinancing loans for more favorable terms. Their services include various types of loans as well as back office solutions and strategic programs for property management.
Electric Service Credit Union is celebrating its 60th anniversary in 2011. It was founded in 1951 by 11 employees of Nashville Electric Service and has since expanded to allow anyone living or working in Davidson or Sumner Counties to join. Over the years, ESCU has grown from an initial $5 deposit to over $50 million in assets and 5,000 members. It continues to offer services like loans, savings accounts, and financial education to members.
Long Term Care CXO Summit Fall 2013 - Interview with: Don Chapin, CELA, Presi...marcus evans Network
Medicaid pending cases are a big liability for nursing homes. Don Chapin, president of National Eligibility Solutions, states that nursing homes need access to real-time information on incoming residents to understand how they can get paid and ensure long-term financial viability. Currently, most nursing homes wait until private payment runs out before applying for Medicaid, but applying earlier could significantly reduce bad debts and increase profits. National Eligibility Solutions provides consulting services to help nursing homes obtain necessary information to streamline the Medicaid application process.
Calasiao Plant and Related Companies Employees MPC: Best Practicesjo bitonio
The Calasiao Plant and Related Companies Employees' Multi-purpose Cooperative was established in 1987 to help employees avoid predatory lending practices. It has grown significantly over 25 years from 104 members and $57,242 in capital to over 2,800 members and millions in assets. The cooperative offers a variety of financial services and has expanded into commercial real estate and business ventures. It has a consistent record of awards for outstanding performance and takes pride in its self-reliance, low interest rates for members, and community support. The cooperative has ambitious plans to double its membership and assets in the next five years.
This document discusses the impact of UK welfare reforms on homelessness. It notes that reforms like Universal Credit, increased deductions, shared accommodation rates, and limits on housing benefits and crisis loans could increase housing demand and reduce supply. This may lead to more people experiencing homelessness. The document also discusses replacing crisis loans and community care grants with locally delivered social funds from 2013 onward. It argues local delivery could better address needs but effective monitoring is still needed to ensure equal access across areas. Overall, the reforms present challenges but a well-designed local system could aid homelessness prevention through flexible support packages.
Cessna Employees Credit Union Soars with New Credit Card Program (Case Study)...NAFCU Services Corporation
CECU sought a card-processing provider that could help develop and promote their new product. One that could build a comfort level with members, build on the credit union’s brand loyalty, and create an attractive, revenue-producing solution.Vantiv was their choice. For more information, visit www.nafcu.org/vantiv.
Rich -india stakeholder engagement presentation (feb 19 2013)India Water Portal
This document summarizes WaterCredit's efforts in India from 2004-2013 to provide loans for water and sanitation access. It outlines key milestones and growth indicators, including an increasing number of partners, investment amounts, loan disbursements, and beneficiaries. The document also describes WaterCredit's strategic use of subsidies, typical loan and borrower characteristics, challenges in the sector, and impact evaluation efforts to systematically measure changes in access, hygiene practices and health.
Here are the key points from the email:
- Kootenay Savings enjoyed another highly successful year financially in 2017.
- Members benefited through a 10% patronage dividend for the 6th consecutive year.
- Communities benefited through a $500,000 contribution to the Kootenay Savings Community Foundation.
- Both loans and deposits grew, with increased member utilization of Kootenay Savings services.
- The credit union, insurance services, and moneyworks divisions all had exceptional financial results.
- Technology improvements included a new integrated online banking platform and streamlined internal systems.
- Strategic planning led to new vision and values statements to guide the organization going forward.
The document introduces Future-Net Credit Cooperative, a cooperative financial organization owned and operated by its members. It discusses the cooperative's mission to promote cooperativism and improve members' quality of life. It outlines membership requirements and benefits, different loan programs available to members, and opportunities for members to earn additional income by referring new members. The goal of Future-Net Credit Cooperative is to provide sustainable financial services that help members build their families' futures.
Valuing Voices_Gold Coast Consumer Perspectives of Dual Diagnosis and Addicti...Zoe Elizabeth Gill
This document summarizes a project that collected consumer perspectives on dual diagnosis and addiction services on the Gold Coast. It involved interviewing 10 consumers about their experiences and identifying gaps in services. The interviews were analyzed for themes. The goals were to give consumers a voice, provide feedback to services to improve, and identify service priorities. An ABCD community development model guided the project, which focused on recruiting consumers, using them as a primary resource, identifying additional resources, generating ideas for community initiatives, and implementing ideas.
This document provides information about BUSSQ's pension products, including a Transition to Retirement Pension and Retirement Pension. It discusses eligibility requirements, features and benefits of the pensions, and how to get started. Specifically:
- It outlines the eligibility and minimum investment requirements to open a BUSSQ pension.
- It describes the key features and benefits of BUSSQ pensions, including dedicated pension services, online account access, resources and guidance available to members.
- It explains the differences between the Transition to Retirement Pension and Retirement Pension, and when each type can be accessed based on age and work status.
- It provides an overview of how the pensions work and things to be aware
The document provides information about Future-Net Credit Cooperative, a cooperative established in 2011. It outlines the cooperative principles, registration details, board members, purpose, membership benefits including insurance and loans, payment procedures, compensation plans including direct referral commissions and loan commissions. It also advertises upcoming products like a raffle draw and mobile franchise investment opportunities.
The document discusses plans to reform the Disability Living Allowance (DLA) benefit in the UK. It proposes replacing DLA with a new benefit called Personal Independence Payment (PIP). Key points include:
- DLA has become too complex and unclear over time, and the rising caseload is unsustainable. Reform is needed to target support better and make the system simpler.
- PIP will be introduced in 2013/14 and will assess working-age DLA recipients' needs in a new, objective way focusing on daily living and mobility. It aims to prioritize support for those facing the greatest challenges.
- Automatic entitlements based just on health conditions will end. Each case will consider the
The document discusses expanding private disability insurance (PDI) in Australia to reduce the economic burden on the National Disability Insurance Scheme (NDIS). Currently, PDI coverage is limited and most disability support comes from government programs. The modelling study examines how financial incentives for PDI, similar to incentives for private health insurance, could increase PDI uptake and generate savings for both government programs and private insurers. The findings suggest that with appropriate premiums and rebates, expanded PDI coverage could save the government $8.5 billion over 5 years while reducing reliance on the NDIS and Disability Support Pension.
1) The document discusses Uganda's Small Towns Water Project which uses an Output-Based Aid (OBA) approach to improve water access in small towns and rural growth centers.
2) Under the project, private operators were engaged via design-build-operate contracts to extend water services to an additional 45,000 people across 10 towns.
3) Initial results found an average 20% efficiency gain through competitive bidding. Construction is nearing completion across all sites, with some connections already verified and tariffs embedded in contracts to ensure long-term sustainability.
Knowledge translation experiences in West Africavaléry ridde
This document summarizes research on free health care in West Africa. It describes how knowledge was produced and shared through various activities, including workshops, policy briefs, and community discussions. This evidence informed policy outcomes like expanding free care programs to more districts and populations. By 2012, policies were in place to provide free care for vulnerable groups and test scaling up free health care nationally, showing how research can influence health policies and programs.
Unitus Community Credit Union experienced strong growth and financial success in 2005. Membership grew to over 54,000, loans increased by $73 million to over $500 million, and savings increased to nearly $550 million. The credit union paid members $13 million in dividends, up 27% from the previous year, and added $3.3 million to member equity. New services were introduced including a Clackamas branch, Advance Loans, financial planning assistance, and scholarships.
The document is a letter from the President/CEO of a credit union summarizing its financial performance in 2009. Some key points:
- 2009 was one of the credit union's best years financially despite economic turmoil. It saw loan and deposit growth while maintaining low loan losses.
- Deposits grew 28% to over $835 million while the credit union paid above-average savings rates. Loans also increased 15% while many others tightened lending.
- The credit union focuses on low operating costs and passing the savings to members in the form of higher rates and lower fees. It also continually improves its products and services like online banking.
- National ratings firms gave the credit union their highest ratings, recognizing its financial
Enhanced Lifestyles has continued to strengthen its unique position as a member-governed disability services organisation in 2020-21. We made significant structural developments to improve our quality, compliance, and sustainability.
Know more visit https://enhancedlifestyles.com.au/2022/03/30/annual-report-20-21/
The document introduces a retirement solutions program called Retirement Solutions that provides innovative products and services to help current and future retirees maximize their assets and plan for retirement income. The program offers IRA rollovers, income solutions like lifetime annuities, real estate assistance, and resources. It is available exclusively to credit union partners and their members to help establish the credit union as a trusted resource for retirement planning.
This document provides financial information for Icon Credit Union for 2015 and 2014, including income statements and balance sheets. Some key points:
- Total income increased from $13.7 million in 2014 to $14.3 million in 2015, driven primarily by higher interest income on loans.
- Total expenses increased from $10.1 million to $11.3 million, with higher loan losses and loan servicing expenses.
- Net income decreased from $2.6 million to $1.7 million after accounting for higher member dividends.
- Total assets increased from $227.4 million to $253.3 million, driven by growth in loans to members and cash/investments.
- The Supervisory
Unitus Community Credit Union reported strong growth and performance in 2004. Key highlights include:
- Loans grew 20% to over $427 million while membership increased 10% to over 48,000 members.
- Assets reached over $617 million, up from $595 million in 2003.
- Capital reserves increased to $62.8 million, or 10.29% of total assets.
- The credit union added new branches, services, and programs to better serve members.
The annual report summarizes DVA Federal Credit Union's performance in 2013. It saw asset growth to $106.8 million and share deposit growth of 2.5% despite challenges from the economic downturn. The credit union implemented a technology upgrade in June 2014 to provide new online and mobile services. It remained well-capitalized with net worth over 11% and earned a small profit of $211,905 despite costs from new regulations and the Target data breach. The board and executives thanked members for their continued support and loyalty.
Our organisation has been through considerable change focused on creating a sustainable organisation that can better serve our customers, now and into the future.
Visit : https://enhancedlifestyles.com.au/2022/03/30/annual-report-21-22/
Calasiao Plant and Related Companies Employees MPC: Best Practicesjo bitonio
The Calasiao Plant and Related Companies Employees' Multi-purpose Cooperative was established in 1987 to help employees avoid predatory lending practices. It has grown significantly over 25 years from 104 members and $57,242 in capital to over 2,800 members and millions in assets. The cooperative offers a variety of financial services and has expanded into commercial real estate and business ventures. It has a consistent record of awards for outstanding performance and takes pride in its self-reliance, low interest rates for members, and community support. The cooperative has ambitious plans to double its membership and assets in the next five years.
This document discusses the impact of UK welfare reforms on homelessness. It notes that reforms like Universal Credit, increased deductions, shared accommodation rates, and limits on housing benefits and crisis loans could increase housing demand and reduce supply. This may lead to more people experiencing homelessness. The document also discusses replacing crisis loans and community care grants with locally delivered social funds from 2013 onward. It argues local delivery could better address needs but effective monitoring is still needed to ensure equal access across areas. Overall, the reforms present challenges but a well-designed local system could aid homelessness prevention through flexible support packages.
Cessna Employees Credit Union Soars with New Credit Card Program (Case Study)...NAFCU Services Corporation
CECU sought a card-processing provider that could help develop and promote their new product. One that could build a comfort level with members, build on the credit union’s brand loyalty, and create an attractive, revenue-producing solution.Vantiv was their choice. For more information, visit www.nafcu.org/vantiv.
Rich -india stakeholder engagement presentation (feb 19 2013)India Water Portal
This document summarizes WaterCredit's efforts in India from 2004-2013 to provide loans for water and sanitation access. It outlines key milestones and growth indicators, including an increasing number of partners, investment amounts, loan disbursements, and beneficiaries. The document also describes WaterCredit's strategic use of subsidies, typical loan and borrower characteristics, challenges in the sector, and impact evaluation efforts to systematically measure changes in access, hygiene practices and health.
Here are the key points from the email:
- Kootenay Savings enjoyed another highly successful year financially in 2017.
- Members benefited through a 10% patronage dividend for the 6th consecutive year.
- Communities benefited through a $500,000 contribution to the Kootenay Savings Community Foundation.
- Both loans and deposits grew, with increased member utilization of Kootenay Savings services.
- The credit union, insurance services, and moneyworks divisions all had exceptional financial results.
- Technology improvements included a new integrated online banking platform and streamlined internal systems.
- Strategic planning led to new vision and values statements to guide the organization going forward.
The document introduces Future-Net Credit Cooperative, a cooperative financial organization owned and operated by its members. It discusses the cooperative's mission to promote cooperativism and improve members' quality of life. It outlines membership requirements and benefits, different loan programs available to members, and opportunities for members to earn additional income by referring new members. The goal of Future-Net Credit Cooperative is to provide sustainable financial services that help members build their families' futures.
Valuing Voices_Gold Coast Consumer Perspectives of Dual Diagnosis and Addicti...Zoe Elizabeth Gill
This document summarizes a project that collected consumer perspectives on dual diagnosis and addiction services on the Gold Coast. It involved interviewing 10 consumers about their experiences and identifying gaps in services. The interviews were analyzed for themes. The goals were to give consumers a voice, provide feedback to services to improve, and identify service priorities. An ABCD community development model guided the project, which focused on recruiting consumers, using them as a primary resource, identifying additional resources, generating ideas for community initiatives, and implementing ideas.
This document provides information about BUSSQ's pension products, including a Transition to Retirement Pension and Retirement Pension. It discusses eligibility requirements, features and benefits of the pensions, and how to get started. Specifically:
- It outlines the eligibility and minimum investment requirements to open a BUSSQ pension.
- It describes the key features and benefits of BUSSQ pensions, including dedicated pension services, online account access, resources and guidance available to members.
- It explains the differences between the Transition to Retirement Pension and Retirement Pension, and when each type can be accessed based on age and work status.
- It provides an overview of how the pensions work and things to be aware
The document provides information about Future-Net Credit Cooperative, a cooperative established in 2011. It outlines the cooperative principles, registration details, board members, purpose, membership benefits including insurance and loans, payment procedures, compensation plans including direct referral commissions and loan commissions. It also advertises upcoming products like a raffle draw and mobile franchise investment opportunities.
The document discusses plans to reform the Disability Living Allowance (DLA) benefit in the UK. It proposes replacing DLA with a new benefit called Personal Independence Payment (PIP). Key points include:
- DLA has become too complex and unclear over time, and the rising caseload is unsustainable. Reform is needed to target support better and make the system simpler.
- PIP will be introduced in 2013/14 and will assess working-age DLA recipients' needs in a new, objective way focusing on daily living and mobility. It aims to prioritize support for those facing the greatest challenges.
- Automatic entitlements based just on health conditions will end. Each case will consider the
The document discusses expanding private disability insurance (PDI) in Australia to reduce the economic burden on the National Disability Insurance Scheme (NDIS). Currently, PDI coverage is limited and most disability support comes from government programs. The modelling study examines how financial incentives for PDI, similar to incentives for private health insurance, could increase PDI uptake and generate savings for both government programs and private insurers. The findings suggest that with appropriate premiums and rebates, expanded PDI coverage could save the government $8.5 billion over 5 years while reducing reliance on the NDIS and Disability Support Pension.
1) The document discusses Uganda's Small Towns Water Project which uses an Output-Based Aid (OBA) approach to improve water access in small towns and rural growth centers.
2) Under the project, private operators were engaged via design-build-operate contracts to extend water services to an additional 45,000 people across 10 towns.
3) Initial results found an average 20% efficiency gain through competitive bidding. Construction is nearing completion across all sites, with some connections already verified and tariffs embedded in contracts to ensure long-term sustainability.
Knowledge translation experiences in West Africavaléry ridde
This document summarizes research on free health care in West Africa. It describes how knowledge was produced and shared through various activities, including workshops, policy briefs, and community discussions. This evidence informed policy outcomes like expanding free care programs to more districts and populations. By 2012, policies were in place to provide free care for vulnerable groups and test scaling up free health care nationally, showing how research can influence health policies and programs.
Unitus Community Credit Union experienced strong growth and financial success in 2005. Membership grew to over 54,000, loans increased by $73 million to over $500 million, and savings increased to nearly $550 million. The credit union paid members $13 million in dividends, up 27% from the previous year, and added $3.3 million to member equity. New services were introduced including a Clackamas branch, Advance Loans, financial planning assistance, and scholarships.
The document is a letter from the President/CEO of a credit union summarizing its financial performance in 2009. Some key points:
- 2009 was one of the credit union's best years financially despite economic turmoil. It saw loan and deposit growth while maintaining low loan losses.
- Deposits grew 28% to over $835 million while the credit union paid above-average savings rates. Loans also increased 15% while many others tightened lending.
- The credit union focuses on low operating costs and passing the savings to members in the form of higher rates and lower fees. It also continually improves its products and services like online banking.
- National ratings firms gave the credit union their highest ratings, recognizing its financial
Enhanced Lifestyles has continued to strengthen its unique position as a member-governed disability services organisation in 2020-21. We made significant structural developments to improve our quality, compliance, and sustainability.
Know more visit https://enhancedlifestyles.com.au/2022/03/30/annual-report-20-21/
The document introduces a retirement solutions program called Retirement Solutions that provides innovative products and services to help current and future retirees maximize their assets and plan for retirement income. The program offers IRA rollovers, income solutions like lifetime annuities, real estate assistance, and resources. It is available exclusively to credit union partners and their members to help establish the credit union as a trusted resource for retirement planning.
This document provides financial information for Icon Credit Union for 2015 and 2014, including income statements and balance sheets. Some key points:
- Total income increased from $13.7 million in 2014 to $14.3 million in 2015, driven primarily by higher interest income on loans.
- Total expenses increased from $10.1 million to $11.3 million, with higher loan losses and loan servicing expenses.
- Net income decreased from $2.6 million to $1.7 million after accounting for higher member dividends.
- Total assets increased from $227.4 million to $253.3 million, driven by growth in loans to members and cash/investments.
- The Supervisory
Unitus Community Credit Union reported strong growth and performance in 2004. Key highlights include:
- Loans grew 20% to over $427 million while membership increased 10% to over 48,000 members.
- Assets reached over $617 million, up from $595 million in 2003.
- Capital reserves increased to $62.8 million, or 10.29% of total assets.
- The credit union added new branches, services, and programs to better serve members.
The annual report summarizes DVA Federal Credit Union's performance in 2013. It saw asset growth to $106.8 million and share deposit growth of 2.5% despite challenges from the economic downturn. The credit union implemented a technology upgrade in June 2014 to provide new online and mobile services. It remained well-capitalized with net worth over 11% and earned a small profit of $211,905 despite costs from new regulations and the Target data breach. The board and executives thanked members for their continued support and loyalty.
Our organisation has been through considerable change focused on creating a sustainable organisation that can better serve our customers, now and into the future.
Visit : https://enhancedlifestyles.com.au/2022/03/30/annual-report-21-22/
The 2014 annual report summarizes First Credit Union's accomplishments in 2014 including celebrating its 75th anniversary. It highlights reaching a milestone of half of Bowen Island residents becoming members, distributing over $300,000 to members, communities, and scholarships. The report discusses the credit union's resilience in adapting to changes while maintaining its cooperative roots and focus on relationships.
In this issue of Horizon, we have included insightful articles that address several topics of interest to our issuers. George Fiegle, chief operating office of ICUL Service Corporation, does an in-depth interview with us concerning the challenges of card growth in the credit union marketplace. Mark Arnold, CCUE and president of On the Mark Strategies, shares his thoughts on generational marketing and how credit unions can use generational characteristics to improve results. For more info: www.nafcu.org/discover
BankSight works with Judo Capital to deliver an end-to-end digital process that enables Judo lenders to orchestrate a collaborative leads and referrals process across any channel with both small businesses and brokers.
owens & minor F181C306-CD84-4711-A74D-75E5BFE97AA3_2008_ARfinance33
Teamwork is essential for Owens & Minor's success. The company relies on its 5,300 employees working together to (1) continuously innovate and provide new supply chain management solutions to help healthcare providers lower costs and improve efficiency, (2) maintain high customer satisfaction by accurately and quickly fulfilling orders, and (3) live the company's mission, vision, and values through community service.
This document summarizes the social responsibility report of Coast Capital Savings credit union for 2002. It discusses how the credit union considers social and environmental impacts in addition to financial performance. It outlines initiatives to improve operations, support communities through donations and volunteering, and engage members and employees. The credit union aims to operate responsibly and measure its broader impacts through policies, reporting, and stakeholder feedback.
The document discusses the company's focus on reinvention in 2015. It summarizes that the company reinvented key areas like its branches, brand, products and leadership to better serve members and remain competitive. The role of the Board is to provide oversight and ensure reinvention activities are strategic and financially sound.
State Central Credit Union is proposing a merger with a local credit union to better address economic challenges. It has the expertise and resources to partner with another credit union, including over 60 years of experience providing financial services, a full-service mortgage department, improved digital technologies, a strong focus on compliance, and efforts to build long-term member relationships. A merger would allow both credit unions to offer more products and services, expand technology use, meet regulatory requirements, increase membership and profits, and ensure future success. State Central believes it is well-suited for a partnership due to its leadership, resources, and commitment to providing a superior member experience.
This document discusses Affinity Federal Credit Union's business model and competitive strategies. It outlines Affinity's market, operational, financial, and competitive models. It then discusses Affinity's relationships with members, channels, suppliers, partners, and competitors. The document analyzes competitive forces and challenges, and identifies Affinity's competitive strategies and sustainable advantages. Finally, it proposes ways for Affinity to evolve its business model, such as enhancing services, expanding into new markets, extending product offerings, or exiting certain business areas.
AUB Annual Report for 2022 online copy.pdfAntonOnato2
The annual report summarizes AUB's performance in 2022, its highest net income year yet. Some key highlights include:
- Net income reached PHP 6.3 billion, a 56% increase over 2021, driven by stronger core businesses as the Philippine economy reopened.
- Total assets grew to PHP 340.13 billion and deposits increased to PHP 288.79 billion.
- The bank remains focused on innovation, digitalization, and serving customers while maintaining a strong balance sheet and managing risks in a challenging economic environment.
- Partnerships and collaboration helped the bank achieve strong results and will continue to be important for navigating an uncertain future.
Urbanetectonics LLC 2023 Annual Letter to Membership
Company Website:
www.urbanetek2.com
Annual Letter - Recap and Quarterly Focus. Our first 100 days and annual outlook will be guided by our 2023 Quarterly Focus. The Quarterly Focus breaks our overall vision into an outline of short-term goals and key performance metrics for each industry- specific division.
Communication is key to our relationship. Stay on top of the latest developments at Urbanetectonics, LLC. How do you connect? Subscribe, Like, Follow, or Join one of our #powerofnext industry-specific social media handles. Get linked in to ask questions and/or to submit inquiries using the Urbanetectonics, LLC Linktree: https://linktr.ee/urbanetectonics You can also follow #powerofnext on any social media platform to connect on your interest in Urbanetectonics, LLC and/or one of its industry-specific divisions.
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
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Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
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Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
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2. A Message to Our Members
POSITIONING FOR SUCCESS
2010 Annual Report
Turning points, they’re usually only visible in the rear view Back to the Basics
mirror. But with proper preparation, a turning point can In 2010, we continued to strengthen our overall risk
not only be anticipated, it can be expected. It does require management processes while also helping good people find
one critical element to set the stage for its occurrence – solutions to their financial challenges; many facing credit
positioning for success. By aligning savings, expenditures problems for the first time. By significantly expanding our
and investments with goals and objectives, the probability small business loan program, we assisted small business
for success dramatically increases, transforming plans into owners/members with their business needs, allowing
turning points. them to not only survive this recession, but to thrive while
We are pleased to report that Unitus continues to create creating new jobs for others in our community as well. As a
value for our members and to position them for success result, our new small business members not only brought
while maneuvering through one of the worst recessions their business checking, but also consistently brought their
our country has seen. During 2010, Unitus continued to personal checking and savings to Unitus as well.
provide progressive tools and resources to our members During this past year, we also noticed existing members
to assist them in managing their personal and business adding more products and services to their accounts; a
finances. When our members faced challenges at other result of comparing value received from Unitus with their
financial institutions, whether it was due to reduction or previous providers. In particular, we saw checking account
loss of lines of credit for their business or a significant balances grow by 12.4% and our members now average
increase in fees, we provided the local solutions they using approximately 3 products per member. In addition, we
needed to position for success. provided mortgage loans to 638 members.
To best serve our members, we decided to relocate two
Combining Stability and Growth branches this past year; our University District branch and
In a year where many financial institutions struggled, Unitus our Mall 205 branch. The University District branch staff will
grew our membership and deposit base in a safe and sound relocate to our new Peterkort location in March 2011. Our Mall
manner. Our back to the basics approach positioned us to focus 205 branch will relocate to its new location in August 2011,
on our core strengths and by making adjustments to our overall less than 1 mile from its current location and doubling its
operations, we experienced a successful 2010. In particular, current size. With the relocations, members will experience
we welcomed more of your family, friends and neighbors into additional services and improved service times. While
the Unitus family, growing membership by 6.2%. volumes at our University District branch have continued
1
3. to significantly decline since the move of our headquarters The decision making process is often a mystery to loan parents and our community at large. Unitus was privileged Rewards Checking program with our full complement of
five years ago to our Unitus Plaza location, members who applicants. A major factor in that decision is evaluating your to be presented with the Portland Business Journal’s 2010 awards. Our simple, straightforward program will continue
continued to use the University branch have already begun loan risk using your credit score. Since most of us don’t Corporate Philanthropy Award. This award is a tribute to all of bringing real value to our members through innovative awards
to visit our Unitus Plaza branch just less than 1 mile apart know our credit score (FICO), we felt, particularly in today’s our members and employees for making a difference in 2010. that make checking with Unitus even better. In addition, while
from each other. challenged times, this type of knowledge would benefit our Our involvement in our local community, from supporting loan modification programs made national news last year
members. So we created another unique offering; we added a our members with the right loan products to demonstrating (70% failure rate nationally and frustrated consumers with
Improved Access and Convenience legitimate financial hardships found it difficult to negotiate
wonderful benefit to our checking accounts with eStatements leadership in business, is a vital part of what makes
In 2010, Unitus continued its quest to re-define convenience new terms), Unitus has experienced a modification success
allowing you to track your credit score on a monthly basis Unitus special. The recognition we received is a welcome
for our members to ensure members have quick and rate of over 80% since the start of the economic downturn.
(based on your loan relationship with us). Knowing your score confirmation that our efforts are indeed making a difference
easy access to their accounts. No longer do More importantly, whenever possible, we have
is the first step to improving it. for our members and the communities we serve:
members need to be near a branch or at their helped struggling borrowers stay in their homes, to
We continuously strive to receive feedback
computer to manage their accounts directly. Unitus Community • Dean’s List by Credit Card Connection for the keep their cars, and to start the rebuilding process.
Credit Union from our members to ensure we are providing
Our mobile banking platform makes it easy to consumer friendly Unitus Credit Card Program Your membership and the membership of your
Board of Directors the products and services most desired by the
access an account with uText, a Mobile Browser friends, family and neighbors power the services
membership. Last year we launched two new • CEO recognized with Orchid Award-Top
or an iPhone app. Apple iPhone users love our and products that allow Unitus to serve our
Don Mason ways you can provide feedback to us. Members 25 Women in Business Award by Portland
new ATM finder application which locates the Chairperson membership and the outreach we provide our local
Matter is a formal online feedback system that Business Journal
nearest ATM to their location - whether it’s a Tom Faulkener communities. We invite you to continue to share the
Vice Chairperson allows you to provide input. Our staff can hear • Top Community Lender by Portland Don Mason
Unitus branch, a 7-11 in our nationwide network gift of membership with all of your friends, family,
directly from you on any topic you wish. In Chairperson
or one of over 4,300 credit union shared Susan Iggulden Business Journal
Secretary addition, our new transaction survey is emailed and neighbors by inviting them to join Unitus. In
branches located across the country. Getting • Top 25 Commercial Lender in the Metro Area addition, as you need future financial services,
cash when it’s needed is now easier than ever. Barbara Leonard to members after a transaction inviting them to
Director by Portland Business Journal check the value offered at Unitus first and minimize
provide an evaluation on the service they just
New Products and Services Terry Gavin • Top 20 Mortgage Lender by Vancouver your time spent in finding true financial value. We
received. Members wanting a response will
Director Business Journal thank you, and in some cases, multi generations
Helping our members better manage their receive one within one business day. In addition,
money is a primary objective of Positioning
Pete Reinecker of your family members for allowing us to provide
Director relationship surveys are sent to a random
for Success. With the launch of our online tool Moving Ahead in 2011 your financial services’ solutions. We appreciate the
Matt Goodwin sample of members, some of whom have had
Total Finance, it’s easy to understand where As the economy is slowly recovering, our membership opportunity to serve you.
Director a recent interaction with their credit union while Patricia E. Smith
your money goes, create budgets, and evaluate others may not have had interaction with Unitus can take important steps to building their financial President/CEO
success against those budgets. Another for weeks or months. Both surveys, along with future by turning good financial principles into
important aspect to achieving overall financial health is Members Matter allow us to receive timely feedback from accessible practices. With Total Finance and our Financial
receiving the advice of a professional. Our Financial Health our members and to respond accordingly. Health Check-up, we’ll see our participating members reaping
Check-up provides you access to a financial coach. Your the rewards of budgeting and tracking in 2011. Our branch
financial coach reviews your current situation and provides Community Involvement relocations for Mall 205 and Peterkort will be completed, Don Mason, Chairperson
advice for achieving your financial goals. In addition, for those Doernbecher Children’s Hospital, Schoolhouse Supplies bringing better access and improved convenience to branch
seeking advice about investments or retirement, our Member and Adopt a Class benefited from the volunteer hours members. You’ll also experience improved usability of our web
Financial Services representative is available. This valued our employees contributed during 2010. Giving to our site, making it easier to find the information you rely on. Patricia E. Smith, President/CEO
member service generated an impressive 41% increase in community through volunteerism and selective donations In spite of new financial regulations impacting our costs,
assets under management during 2010. makes a significant difference in the lives of children, their unlike many financial institutions we’re maintaining our
2 3
4. TRE A SURER ’ S RE P ORT
2010 marks the third consecutive year of slow economic Member Financial Services. As a result, assets under
growth for our country. Unemployment rates continue to management increased by over 41%.
remain at historically high levels and government deficits Unitus remains financially strong and well positioned
keep increasing. These economic times have put to grow even during these difficult times. Total
pressure on many banks and financial institutions, assets at the end of 2010 increased 3.9% while our
some have even failed. Despite these challenging membership grew a very healthy 6.2%. Our net
times, Unitus Community Credit Union has worth to assets ratio continues to remain strong
maintained its financial strength and dedication to at 9.45%, Unitus is considered a well capitalized
serving the community and our members. financial institution and remains in the top 200
Many banks and financial institutions continued credit unions in the nation. We also remain among
Patricia E. Smith
to tighten their lending in 2010 both to consumers the top financial providers in the state of Oregon
Treasurer
and small business. Credit card rates and fees and Washington.
also increased for many of these institutions. Unlike the
competition, we continued to lend. In 2010 Unitus originated
625 675 725 775 825 875
$333 million in loans of which $134 million were mortgage 2010
2009
loans, another $8.8 million were business loans and credit 2008
ASSETS
2007 MILLIONS OF DOLLARS
cards increased by 13%. 2006
In addition to meeting our members lending needs, 2010
75 100 125 150 175 200
we also provided sound guidance on investments and 2009
2008
MORTGAGE ORIGINATIONS
2007 MILLIONS OF DOLLARS
retirement planning through our trusted financial partner, 2006
50 55 60 65 70 75
2010
2009
2008
MEMBERSHIP
2007 THOUSANDS
2006
450 500 550 600 650 700
2010
2009
2008
SAVINGS
2007 MILLIONS OF DOLLARS
2006
55 60 65 70 75 80
2010
2009
2008
CAPITAL RESERVES
2007 MILLIONS OF DOLLARS
2006
5
5. R e p o r t o f t h e A U D I T C o mmi t t e e
The Audit Committee is made up of four volunteer conduct the financial audit, manage the process to
members appointed by the Board of Directors whose verify member accounts, and provide an opinion of
primary responsibilities are to retain services for the financial statements as a whole. Summarized
an annual report on the financial condition of the financial statements prepared by management have
credit union, coordinate the verification of member been included in this annual report. In preparing the
accounts, and monitor the review of internal controls, financial statements, management depends upon the
compliance with laws and regulations, and code of credit union’s system of internal controls in meeting its
conduct activities. responsibility for reliable information. The Committee
Rhonda Cramer
In 2010 long-time Unitus and Audit Committee relies on internal audit to review, measure, and report
Chairperson
member, Don Foreman, passed away. Don on the internal control environment and regulatory
served the Credit Union with pride for 34 years. Dan Duffy compliance activities of business processes.
His accomplishments and volunteerism far Ray Anderson It is the opinion of the Audit Committee that
exceeded his Audit Committee duties. Don will be Luke Watson Unitus Community Credit Union’s financial operations
remembered for his unwavering dedication to his and system of internal controls is sound based on
beloved Credit Union. reports and information received. I’d like to thank the
As part of fulfilling its duties, the committee engaged Audit Committee members for their commitment, energy, and
the independent accounting firm Moss Adams LLP to enduring effort throughout 2010.
I nd e p e nd e n t A u di t o r ’ s R e p o r t
To the Board of Directors and Audit Committee years then ended; and in our report dated February 28, 2011,
Unitus Community Credit Union we expressed an unqualified opinion on those consolidated
Portland, Oregon financial statements. In our opinion, the information set
forth in the accompanying condensed consolidated financial
We have audited, in accordance with auditing standards statements is fairly stated, in all material respects, in relation
generally accepted in the United States of America, the to the consolidated financial statements from which they have
consolidated statements of financial condition of Unitus been derived.
Community Credit Union and Subsidiary as of December 31,
2010 and 2009, and the related consolidated statements of Moss Adams LLP
operations, changes in members’ equity and comprehensive Portland, Oregon
income (loss), and cash flows (not presented herein) for the February 28, 2011
6
6. C O N SO L I DATE D STATE M E N TS o f Financial C o ndi t i o n C O N SO L I DATE D STATE M E N TS o f O P ER AT I O N S
December 31, Y ars Ended December 31,
e
ASSETS 2010 2009 Interest income 2010 2009
Cash and cash equivalents $ 69,807,526 $ 40,765,286 Loans receivable $ 27,937,381 $ 31,790,800
Interest bearing deposits — 2,000,000 Investment securities and cash equivalents 9,628,820 10,389,315
Total interest income 37,566,201 42,180,115
Investment securities available for sale 226,171,238 151,632,508
Investment securities held to maturity 14,669 50,545,371 Interest expense
Restricted equity securities 3,453,000 3,979,660 Dividends and interest on members’ share accounts 9,408,859 13,038,255
Borrowed funds 3,016,176 3,398,229
Loans receivable, net 510,806,440 529,847,743
Total interest expense 12,425,035 16,436,484
Accrued interest receivable 2,755,401 2,927,441
Property and equipment, net 11,140,447 11,282,709 Net interest income 25,141,166 25,743,631
National Credit Union Share Insurance Fund deposit 6,533,526 6,222,465
Provision for loan losses 4,908,811 8,472,002
Other assets 5,975,028 5,543,677
Total assets $ 836,657,275 $ 804,746,860 Net interest income after provision for loan losses 20,232,355 17,271,629
LIABILITIES Non-interest income
Service charges and fees 7,808,769 6,850,635
Members’ share and savings accounts $ 691,093,877 $ 655,001,347 Mortgage banking and loan servicing income 4,597,076 4,267,963
Borrowed funds 65,012,643 82,515,310 Gain (loss) on investment securities, net — —
Accrued expenses and other liabilities 9,964,193 8,417,886 Gain on sale of investment securities, net 4,467,233 —
Total other-than-temporary impairment losses (742,651) (14,077,211)
Total liabilities 766,070,713 745,934,543
Portion of other-than-temporary impairment losses
recognized in other comprehensive income (1,305,754) 12,133,799
CONTROLLING INTEREST IN MEMBERS’ EQUITY Total gain (loss) on investment securities, net 2,418,828 (1,943,412)
Regular reserves 23,423,471 23,423,471 Total other non-interest income 156,663 137,106
Total non-interest income 14,981,336 9,312,292
Undivided earnings 55,634,282 52,308,718
Accumulated comprehensive loss (7,976,379) (16,418,606) Non-interest expense
Compensation and benefits 14,865,097 13,324,048
NONCONTROLLING INTEREST IN SUBSIDIARY (494,812) (501,266) General and administrative 15,306,926 16,605,552
National Credit Union Administration Assessments 1,686,938 933,370
Total non-interest expense 31,858,961 30,862,970
Total members’ equity 70,586,562 58,812,317
Net income (loss) 3,354,730 (4,279,049)
Total liabilities and members’ equity $ 836,657,275 $ 804,746,860
Noncontrolling interest in net income (loss) of subsidiary 29,166 (204,494)
Controlling interest in net income (loss) $ 3,325,564 $ (4,074,555)
8 9
7. C O N SO L I DATE D STATE M E N TS OF C H A N GES I N M E M BERS ’
E Q U I T Y A N D C O M P RE H E N S I V E I N C O M E ( L OSS )
Controlling Interest in Members’ Equity
Total Accumulated Noncontrolling Total
Members’ Regular Undivided Comprehensive Interest in Comprehensive
Equity Reserves Earnings Loss Subsidiary Income (Loss)
Balance at December 31, 2008 $ 61,935,232 $ 23,423,471 $ 56,383,273 $ (17,574,740) $ (296,772)
Net loss (4,279,049) — (4,074,555) — (204,494) $ (4,279,049)
Unrealized gains on securities
available for sale 3,099,546 — — 3,099,546 — 3,099,546
Reclassification for other-than-
temporary impairment losses
realized in net loss (1,943,412) — — (1,943,412) — (1,943,412)
Comprehensive loss $ (3,122,915)
Balance at December 31, 2009 58,812,317 23,423,471 52,308,718 (16,418,606) (501,266)
Net income 3,354,730 — 3,325,564 —
29,166 3,354,730
Distribution to noncontrolling
interest in subsidiary (22,712) — — — (22,712) (22,712)
Unrealized gains on transfer
of held to maturity securities
to available for sale 2,804,711 — — 2,804,711 — 2,804,711
Unrealized gains on securities
available for sale 3,218,688 — —
3,218,688 — 3,218,688
Reclassification adjustment for
realized gains on securities
available for sale 4,467,233 — — 4,467,233 — 4,467,233
Reclassification adjustment for
other-than-temporary impairment
losses realized in net income (2,048,405) — — (2,048,405) — (2,048,405)
Comprehensive income — — — — — $ 11,774,245
Balance at December 31, 2010 $ 70,586,562 $ 23,423,471 $ 55,634,282 $ (7,976,379) $ (494,812)
10