From the CEO’s Desk
Hello, my name is Matt Jennings and I am the CEO of Quest Federal Credit Union.
I wanted to take a moment and update our owners on our financial progress for the year and to invite you to our Annual Meeting on March 19th.
2015 was another strong year for Quest financially and in areas of owner growth, product development and continuing our trend of leading edge e-commerce. As you have probably noticed, www.questfcu.com underwent a renovation this year and our website is better than ever. Net Worth ended the period at 10.35%, ROA was a very solid 1.05% for the year and our loan portfolio grew at a 13.90% pace. We are now 13,019 owners strong which represents owner growth of 2.81%. Beyond the financials, our staff remains highly trained and motivated to provide the best service possible and several new products and services were launched to enhance your ownership experience. MoneyDesktop is a tremendous tool for your personal financial planning and My Virtual StrongBox is another free service for digital storage of documents through our online banking system. In the coming months you will hear more about ProDoc and eDoc. This service provides digital signature capture for our owners as well as electronic delivery of loan documents to make your experience with Quest as convenient as possible.
Thank you to all of our owners for your continued patronage, without your support, the success we achieved in 2015 would not be reality.
In closing, I hope you and your families have a very Safe & Happy Winter Season and I want to personally invite you to attend our Annual Meeting on March 19th at the Plaza Inn of Mt. Victory. The meeting will be held over breakfast and you will have the opportunity to hear from our Board President, CEO and Nominating Chairman. I welcome any comments, suggestions or questions from our Owners. I can be reached by calling the Main Office or via email at email@example.com. Thank you for your loyal patronage to Quest and I challenge you to Explore the Possibilities!
Quest Federal Credit Union