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 progress and financial position as we round out another fantastic year.
2016 has been an exciting year with the recently completed expansion of our 5th branch in Upper Sandusky, with updated mobile and web banking services, agricultural and consumer lending growing at a steady pace and our membership surpassing 13,000. The Board of Directors and Management Team set a long list of goals for this year and I am happy to report that all of our operational and growth goals have been met and that is a testament to the great service provided by our staff and more importantly, the tremendous loyalty show to us by our member owners.
As we close out the year we look back and see the growth and prosperity that can only come from the support of our member owners, loan growth is at 8.91%, member/ownership growth is at 3.50%, we have a bottom line ROA of 0.74% and assets at $103 million.
Stay tuned and I will keep you updated on our financial performance following the close of the 4th quarter and share several of our 2017 Strategic goals.
In closing, I hope you and your families have a very Safe & Happy Holiday Season and I wish you all the best in 2017! 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