New Brighton, Minn (February 26, 2013) – Credit Union Owned Service Organization, CU Companies, kicked off its annual meeting held recently by celebrating the completion of 25 years. Brad Crandall, CU Companies CEO, reflected on the 25 years and stated that CU Companies has consistently embraced the same "people helping people" philosophy that has been the foundation of credit union operations. Additionally, Steve Ahlness, CU Companies Board Chair, pointed to the newly revised mission statement of earning the loyalty of credit union owners and financial partners by delivering personalized service and competitive financial products as to the continued commitment of the organization.
The meeting included reports from each of the five business units, highlighting milestones, successes, realities, and opportunities. A few highlights from the past year include: surpassing the one billion dollar milestone in the servicing portfolio, increasing the number of 401(k) programs utilized, expanding territory to seven states, and celebrating the success of the first year of the online marketing library.
In attendance at the meeting were 29 credit union owners. Those owners re-elected three members of the Board of Directors for three-year terms: Steve Ahlness of Greater Minnesota Credit Union, Kathy Harrington of Heartland Credit Union, and Patrick Pierce of City & County Credit Union. The remaining Board members include Tom Smith of TopLine Federal Credit Union, Phillip Kopischke of SharePoint Federal Credit Union, Paul Dammann of Soo Line Credit Union, and Mark Everson of Wings Financial Credit Union. During a re-organizational meeting following the annual meeting, Ahlness was re-elected as Board Chair, Smith was re-elected as Vice Chair, and Kopischke was re-elected as Secretary.