President's Report

January 4, 2022

Happy New Year!

To: Star Choice Family and Friends


Happy New Year! Thank you for being a valued member of Star Choice Credit Union. We look back to 2021 as a year of transition and growth.

Here are some of the highlights:

Transition

We are investing and continue exploring more ways to offer you our wide array of products and services in a safe and efficient manner any time that is convenient for you. Our mobile app has been expanded to include balances on all your accounts including credit cards; the ability to make payments; be able to contact us for questions; deposit to other accounts; and so much more.

We also have invested in an Interactive Teller Machine (named IVAN). This will enable you to efficiently use our drive-up station and be assisted by one of our friendly staff. We promise that the teller experience will be efficient and enjoyable as we deliver your requests in a unique and friendly manner. Stay tuned for updates!


Growth

You have embraced our new (and established) products to the point of experiencing unprecedented growth. You have made us one of the Top 25 financial institutions in Minnesota. In 2021, our deposits grew almost 12%, capital increased over 12%, and over 300 Hennepin/Scott County residents joined our credit union. Thank you for choosing us to serve your financial needs.

Even though we are growing and transitioning; we also offer the same friendly face to face contact you have grown accustomed to. We are here to serve you and we take that mission as an honor and privilege.

Happy New Year to all of you and your families! With you as a member, we are confident that 2022 will give us new opportunities to serve you.


Best regards,

Scott Olson – President/CEO

Tammy Johnson-Kohl – Vice-President