From the CEO – March 19, 2020

From the CEO’s Desk

Hello, my name is Matt Jennings and I am the Chief Executive Officer of Quest Federal Credit Union.

As you are aware, the COVID-19 pandemic has caused many changes to our daily lives and recently, Quest’s Executive Management Team with support of our Board of Directors, made the tough decision to close our lobbies. The health and safety of our member/owners and staff was at the forefront of our decision making process and Quest is simply doing our part to help stop the spread and flatten the curve.

Our drive thru hours will be extended to make sure that we meet the needs of our member/owners, ATM’s will be maintained, fully stocked and available 24/7 at our branch locations and you can visit our website to see other offsite ATM locations. The loan department will remain open and the loan staff is available to speak with you over the phone regarding your lending and payment needs. Thankfully, we launched e-signature for our loans several years ago and will maintain the ability to deliver loan documents and funding to our member/owners. Debit, Credit and ATM cards are of course a great option for your spending needs and we encourage our member/owners to download our mobile apps for your convenience. If you need assistance with mobile applications or online banking, please give us a call and we will be happy to assist. We thank you in advance for your cooperation during these unusual and difficult times.

To stay up-to-date on the status and activities at Quest Federal Credit Union during this time, please bookmark the following link.

COVID-19 INFORMATION

Additionally, if you do not follow Quest FCU on Facebook, if you have a Facebook account, you can find us at Quest Federal Credit Union.

On a brighter note, 2020 has started off to be a strong financial year in regard to our balance sheet and income statement. We are currently holding $127m in assets, loans are on pace to surpass 10% growth for the year, membership growth is very strong and delinquency is holding steady at 0.79% which is at or below peer average. All told, Quest remains strong and confident in our financial performance year to date and most recently, received notification that our Bauer 5 Star rating was renewed for another quarter. This marks 59 consecutive quarters with the highest ranking that Bauer awards. Let me be the first to say congratulations and thank you to our member/owners for making this incredibly strong rating possible!

In closing, thank you for your patronage. The Board of Directors and Staff would like to wish you all the best, together we will overcome this pandemic and please do not hesitate to ask one of our amazing staff members if there is something you need or if we can help in any way. We view Quest as one big family and we are here to help. Stay safe, take care of family, neighbors, friends and yourselves. Thank you and I welcome any comments, suggestions or questions from our member/owners. I can be reached by calling the Main Office or via email at mjennings@questfcu.com. Thank you for your loyal patronage to Quest and I challenge you to Explore the Possibilities!

Matt Jennings, Chief Executive Officer

50 Years
Quest FCU CEO, Matt Jennings Matthew Jennings, CEO
Quest Federal Credit Union
From the CEO – March 19, 2020 posted on March 19th, 2020 by in From the CEO | Permalink

COVID-19

QUEST FCU Coronavirus COVID-19 Readiness/Preparedness

Member/Owners –

Quest Federal Credit Union executive management team members and our board of directors have been in constant communication regarding the developments and guidance provided by governmental agencies related to coronavirus (COVID-19). We would like to briefly update you on the measures we are taking and suggestions for our members to undertake during this period. We have comprehensive plans in place for pandemic and emergency situations.

Hardship Assistance – If you are concerned about the loss of income during the COVID-19 pandemic, Quest Federal Credit Union may be able to help during these uncertain times. Quest FCU has a Hardship Assistance Program available to assist members affected by unexpected life events, including COVID-19 Coronavirus pandemic. Available options for assistance will be discussed upon completion of the request.

90-Day No Pay! – If you have a consumer loan at another financial institution, or if you would like to refinance an existing Quest FCU, we are offering cash out options with no payments for 90 days.

Note: 90-day Payment Deferment Offer: Interest will accrue during 90-day deferment period. First payment must be made beginning in the 4th month, on the due date disclosed in the loan agreement. Certain restrictions apply. Subject to credit approval. Limited time offer, expires 6/30/2020. Insured By NCUA.

90 DAY NO PAY (APPLY ONLINE!)

Here To Help! – We’re rolling out a personal loan special of up to $3,000 with a fixed rate of 7.99% APR and max term of 18 months. This loan also qualifies for the 90 days no payments offer.

Note: $3,000 maximum loan amount. All approved loans will receive fixed rate of 7.99% APR. Monthly payment on $2,000 loan at 7.99% APR for 18-month term would be $118.27. Subject to credit approval. Limited time offer, expires 6/30/2020. Insured By NCUA. APR = Annual Percentage Rate.

HERE TO HELP (APPLY ONLINE!)

BRANCH ACCESS

  1. Effective Friday 3/20/2020 – in-branch, lobby services discontinued. Drive thru services remain available.
  2. Effective Thursday 3/26/2020 – drive thru hours are Monday-Thursday 8:00am-4:30pm / Friday 7:30am-5:30pm.
  3. ATM will be cleaned regularly with EPA-approved disinfectants, increased frequency.
  4. All branch staff are available for phone calls and our lines are open.
  5. Our drive thru services remain open and allow members the opportunity to participate in adequate distancing to reduce spread. See new, temporary business hours posted above.

COVID-19 FAQ

ONLINE ACCESS

If you have not already, be sure to enroll in It’s Me 247 Online Banking. You can enroll in online banking over the phone with proper account verification. Access is available immediately and you’ll be able to get account information securely and anytime, day or night.

MOBILE ACCESS

We also want to help you have confidence that you can do your banking with Quest FCU from anywhere, using our Quest FCU Mobile Application. We have a variety of mobile tools that allow you to access the virtual branch you hold in your hands.

If you have not already, be sure to download the Quest FCU Mobile App, available for Android and Apple devices.

AppleStoreButton
GooglePlayButton

WE ARE HERE TO HELP

If you have been affected by COVID-19 and need help with your account, please call us at 800-333-9571 and let us know how we can help.

If we reach out to you, we will never ask for confidential information such as your name, personal information, account numbers, personal identification number (PIN), or other secure information.

For more information, visit the CDC’s resource center.

Contact us:

Phone/text – 800-333-9571
Locations/ATMs – https://questfcu.com/locations

Stay Connected:

If you are a Facebook user, please be sure to Like and Follow us on Facebook to see the most up-to-date information. You can find us here: https://www.facebook.com/Questfederalcu/.

COVID-19 posted on March 13th, 2020 by in News | Permalink