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PRESIDENT/CEO REPORT Serving Members. Strengthening Community. Leading with Purpose. At St. Cloud Financial Credit Union, everything we do starts with people — our members, our employees, and the
Jed Meyer
President/CEO
We had the most successful year as a credit union in 2025! When I arrived as CEO in 2014, we had 14,763 members with $109 million in assets. At the end of 2025, we had over 28,000 members with $420 million in assets. Through expanded digital banking and Live Teller Machines, members gained increased access, extended service hours, and convenient support—without losing the personal relationships that define our credit union. Strengthening Our Community In 2025, we deepened our commitment to inclusion, education, and community connection. We continued expanding multicultural banking initiatives, including services for under-represented and under-served communities, ensuring access to fair, responsible financial services. We partnered with local schools to deliver financial education that reached thousands of students. We supported and participated in community events, sponsorships and local initiatives — including over 5,600 employee volunteer and community service hours and more than $129,500 donated to our communities.
communities we serve. As a member-owned, perpetual organization, our responsibility is to ensure this credit union remains strong, relevant, and rooted in service — not just this year, but for generations to come. In 2025, we focused on three core commitments: delivering value to our members, showing up for our communities, and investing in the people who make this work possible — while continuing to lead nationally in innovation that protects We served more than 28,000 members, welcoming nearly 2,500 new members. achieve financial confidence and security while making sure they are never forced to choose between innovation and trust. member ownership and trust. Serving Our Members Throughout the year, we helped our members Member deposits totaled approximately $383 million. We provided $340 million in loans to members — supporting homeownership, education, transportation, and small business growth.
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