AmeriCU highlights successes in 2022

AmeriCU President and CEO Ronald Belle, and John Stevenson, chairman of AmeriCU’s Board of Directors, recently addressed the current membership on the credit union’s financial performance and successes in 2022, highlighting the 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.

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 versus a small group of stakeholders,” said Belle. “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.”

He said, “Our strategic team stays attune to market shifts and meets on a regular basis to make adjustments as needed. 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 10 $1,000 scholarships to local students.

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 its members. Serving nine counties in Central and Northern New York, AmeriCU has been serving the community for more than 70 years and, in that time, has grown to more than 157,000 members, 20 locations, and $2.7 billion in assets.