President and CEO Comments - Summer 2010

Your credit union continues to grow and be a leader with your employer and community! Here are a couple of our successes that I want to share:

1. Our earnings are positive, despite the fact that we are budgeting for increased expenses due to the NCUA Corporate Stabilization Plan.
2. Lending to you the member continues to grow, illustrating your trust in your credit union for your lending needs.
3. Membership continues to expand its use of the home banking web site for transactions, with over %25 of the membership using this service.

Our success is due to you the member using the services of your credit union. We also listen to you regarding the services that we offer. The following services are being added to provide you more value from your credit union:

1. Member Connect. A joint project with our strategic partner, CUNA Mutual that offers you additional insurance products. This service is now being offered and many of you may have received correspondance regarding this service.
2. Bill Pay. A service many have requested. Our goal is to have this service available during the 4th quarter.

Your credit union offers many great products and services to help you reach your financial goals. An important part of our growth is you! Remember to tell your family, friends and neighbors about the benefits that we offer.

Thank you for your membership in the credit union.

Knut Hovde
President & CEO