TREASURER’S REPORT A Year of Growth and Financial Strength
CFO/Treasurer Franco Cusipag
I am proud to announce that your credit union had a strong financial performance in 2025. We delivered strong asset growth finishing the year at $430M, up 15% from prior year. Our Net Income added $4.9M to our Net Worth, improving our standing as a well-capitalized financial institution with Net Worth Ratio of 7.57%. We remain committed to making a meaningful difference. Through our member- focused culture, our passionate and caring employees, and our purposeful involvement in our communities, we continue to show up for our members in ways that other financial institutions do not. Our consistent presence and action have fostered a highly engaged membership, enabling us to fuel our growth and expand our member relationships and reach. Total membership has grown to more than 28,000, with total deposits growing to almost $383 million — an increase of $38 million or 11% from prior year. As a cooperative financial institution, our objective is not short-term profit maximization, but sustainable member value creation. Because of it, we make our decisions based on what is in the best interest of our membership and the organization in the long term. We view current profitability as an opportunity to invest in endeavors that ensure our relevance and our ability to provide value to our members in perpetuity. In 2025, among other things, we continued to invest in the growth of our leaders and our employees. After all, as we continue to grow and turn the corner to approach economies of scale, it is our employees that have to drive us there. With the right people in the right seats, we are well positioned for continued success. The foundation is strong, our mission and vision are clear, and we continue to work towards a bright future!
Franco Cusipag Chief Financial Officer
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