Financial Highlights 2011
- Assets grew 5.76% to $89.7 million
- Deposit growth of 6.0%
- Earnings before taxes and distributions reached $432,315 prompting the Board of Directors to declare an interest rebate on all Prime based loans and mortgages. Approximately 800 members shared in the distribution of $150,000.
- The credit union remains extremely strong with regulatory capital at 6.9% of assets – well above the minimum requirement.
