A $100 bill flies by Troy Kinney as he reaches for some dough in the money machine at Holyoke Community Federal Credit Union’s annual meeting last Monday. — Johnson Publications
Holyoke Community Federal Credit Union strives to be ‘People Helping People’
At the Monday, Feb. 26, annual meeting at Phillips County Event Center, it was apparent that Holyoke Community Federal Credit Union and Imperial (Nebraska) Credit Union are succeeding in their motto to be “People Helping People.”
“Our credit union works hard to be on the leading edge of the industry by providing the newest technology and services at little to no cost to our membership,” said board chairperson Steve Starkebaum.
“As your credit union, we will continue to look for and offer new methods to ensure convenience without compromising integrity or member service,” he added.
HCFCU President Randy Hale outlined some of the highlights of the past year.
He said that while the credit union absorbed some pretty high expenses during 2017, it still made a profit, and income is projected to be higher again in 2018. “Slow controlled growth is what we are striving for,” he said.
Dividends paid to members continue to grow. “With similar asset sizes between 2015 and 2017, I am happy to report an approximate $33,000 increase in dividends paid to members,” said Hale. Total dividends paid in 2017 were $143,904.44.
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