As another successful year comes to an end, it’s once again time to reflect on 2017 and all it encompassed. As another successful year comes to an end, it’s once again time to reflect on 2017 and all it encompassed.
When VLFCU was established 61 years ago, it was our intent to be our members’ chosen lifetime financial partner and to improve our communities for future generations. Our mission was to be guided by our core values, existing as a not-for-profit cooperative to serve and surpass by providing value and financial freedom. I can honestly look back with pride and satisfaction, knowing we have never lost sight of our priority: you, the member.
By working together and putting you first, we can ensure our mission and values are maintained as we continue to meet and exceed your financial needs in the coming years.
2017 was a challenging year, but there is much to celebrate and remember. We were involved in many community projects, such as:
- The Annual Home and Flower Show
- Stuff the Bus
- Easter Egg Hunt at Osborn MetroPark
- Meals On Wheels
- Terrific Teacher Contest
- Hurricane Harvey & Irma Relief
- Paws For A Cause
- Bras For A Cause
- Coats For Caring
- The Annual Toy Drive
Through the third quarter, your credit union continued to remain strong. Our asset growth climbed to 5.77%, resulting in a strong .67% return on our assets. Loan growth: 8.25%, deposit growth: 4.75%, membership growth: 443 new members. Our long-range vision and plan for VacationLand FCU remains unchanged: membership expansion, non-interest income streams, and updated technology for member’s use and security.
As we welcome the new year, we look forward to continued success in 2018 and offer our sincerest thanks for your support and confidence. Happy holidays, and may you and your family have a prosperous new year.
Sincerely,
Bryan Myers
CEO