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2015 Annual Report

March 24, 2016 | Our Members. Share this article: Share2015 Annual Report on Facebook Share 2015 Annual Report on Twitter

Dear Credit Union Members,
Thank you for your continued membership at COPFCU. We are pleased to report that the credit union remained financially strong throughout 2015: the credit union’s assets exceeded $111 million, and the credit union paid out $550,059 dollars in dividends. The credit union maintained an excellent rating from our independent auditing firm and a high CAMEL rating from NCUA (National Credit Union Administration), our federal regulatory agency.

In a flat economy, we have continued to provide great loan rates to you, our members, and grow our loan book of business. Our auto and mortgage rates remain very competitive. We introduced a new “No Credit Check” Holiday and Vacation loan to provide a reasonable solution to short term cash needs at holiday times. We also developed our mission, vision, and core values statements this past year for COPFCU. We strive to make our business decisions through this filter.

Our Mission: “We serve those who serve our community by providing sound financial solutions with respect and courtesy.“

Our Vision: “Be the most preferred and trusted partner serving those who serve us.”

Core Values: “Respect, Integrity, Friendliness, Security, Innovation, Quality Service, and Fairness.”

Read The Full Annual Report