1969 Annual Report

H OW 25 .394 MEMBERS SHARED IN $8,575,000

HOW $1 ,097 ,685 INCOME WAS SP ENT IN 19 6 9

26 .65% $10. or IHI 6,761

35.1% Dividends to Members $385,595.

1.9%

2.4% Public Relations / Education $27,077.

40.31 % $10. to $100. 10,237

4. 81% $2,000. to om $10,000 1,221

4.8% Interest on Borrowed Money $53,018.

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7.6% L11a1 Reserves for Bad Loans $84,276.

Staff Salaries tEmployusJ $225,448.

12.% Life Savln1s and Loan Protection Insurance S130.35~

8.1 6% $500. to $2,000. 2,072

20.07% $100. to $500. 5,096 0

15.% 0pe11t1n1 Expenses $170,856.

CREDIT U~ N'S PAST 17 YEAR GROWTH

$13,000.

1953

c::::::J Projected Growth For 1D70

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