Letter from CEO
2010 was filled with good times and very difficult times for Newrizons FCU. Your staff worked extremely hard to meet the demands of super-cautious regulators. And unlike so many in the financial industry, Newrizons was profitable in spite of the economy. 2010 required many difficult choices to balance slashing operating expenses while keeping great services for you - our members. We greatly improved the VISA credit card loan program and reduced our overall costs of running it. Now, members can monitor their VISA transactions and make payments in one place.
In 2011, we are expanding with a small Business Lending Program, updating our disaster recovery plan, and partnering with the Hoquiam Business Association to sponsor a social media program for small business. We are positioned for a long and prosperous future.
Newrizons is not just surviving during these challenging times, we're starting to thrive! It's because of you who know what makes your credit unions more attractive than ever before. Our not-for-profit structure, uncompensated Board of Directors and philosophical core value of service has never looked better to those looking for a trusted partner for their financial needs.
Chief Executive Officer
Your Neighbor in Financial Services Where Members Matter Most
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