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Letter from President

FROM THE PRESIDENT OF THE BOARD OF DIRECTORS

Throughout the year your volunteer board of directors faced many challenges including how to continue to serve our members and at the same time better manage the costs for our entire membership. We increased advertising our services to our members more this year than last year. We sent out flyers on how to review your current credit cards to see if the interest rates you're paying could be less with a Newrizons VISA card instead of some of the very high interest rate cards. We continued to monitor and worked to reduce our loan losses and will do even more in the coming year. The last year has been somewhat trying with the ups and downs we went though. Our membership and loan portfolio grew a bit due to rejoining the CUDL program. The staff has done a great job through their hard work and providing great customer service. It has been a good year and we will try to maintain good services.

Thank you for the opportunity to serve you.
President - Board of Directors