Friday, 17 March 2023 10:44

AmeriCU Credit Union is Source of Stability in Uncertain Market

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Ronald Belle, AmeriCU President and CEO Ronald Belle, AmeriCU President and CEO Submitted photo

On Monday, March 13, AmeriCU Credit Union hosted the credit union’s annual membership meeting.

AmeriCU President and CEO Ronald Belle, and John Stevenson, Chairman of AmeriCU’s Board of Directors addressed the current membership on the credit union’s financial performance and successes in 2022, highlighting the many achievements the credit union made throughout the year.

The credit union prides itself on transparency and believes it is important to keep their members-owners updated on the state of their credit union, as was outlined during the meeting and in their annual report. In 2022, AmeriCU remained committed to providing even more value to members through enhanced product and services, implementing innovative technologies, and first-class service. 2022 highlights included new logo and brand, an updated modern financial center design, Interactive Teller Machines, online chat feature, redesigned credit cards and rewards program. AmeriCU also gave back generously to the communities it serves and was voted a Best Company to work for in New York State.

As Belle looked ahead to 2023, he reviewed the growth and financial strength of the Credit Union, highlighting the credit union difference. “AmeriCU remains financially strong and well-capitalized. Being a not-for-profit, credit unions have a different governance model, meaning AmeriCU exists to return value to their collective membership through competitive pricing and enhanced services vs. a small group of stakeholders. This places a higher importance on wisely managing and investing those funds. At AmeriCU our number one priority is always our members financial well-being and we have several checks and balances in place to ensure the credit union keeps our financial ratios and key performance indicators balanced. Our strategic team stays attune to market shifts and meets on a regular basis to make adjustments as needed,” said Ron Belle, AmeriCU President and CEO. “I want to assure our members that we prioritize the safety and soundness of the credit union and remain poised to meet members needs for loans and deposits.”

During the event AmeriCU awarded ten $1,000 scholarships to local students. In an increasingly disconnected world real connections matter, now more than ever. Whether it’s connecting you to the right people to help you succeed, solutions to achieve your goals, or new technology to make banking even easier, AmeriCU has everything you need to connect you where you are with where you want to be.

For more information on AmeriCU Credit Union or to become a member, visit www.americu.org.

# # # About AmeriCU 

As a credit union, AmeriCU is a not-for-profit financial institution owned by our members. Serving nine counties in Central and Northern New York, AmeriCU provides you with all the products and services you need – often with low or no fees, and better rates. The organization has been serving the local community for over 70 years and, in that time, has grown to more than 157,000 members, 20 locations, and $2.7 billion in assets. AmeriCU is located in Central New York and is among the State’s largest, full-service financial cooperatives. For more information, visit www.AmeriCU.org.

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