MUSKEGO, Wis.—Corporate Central Credit Union is reporting strong financial results for 2015.
CCCU added 23 new members in 2015 and now serves credit unions in 20 states across the country from New York to Hawaii.
The corporate made the announcement during its annual meeting held in conjunction with the Wisconsin Credit Union League’s Annual Meeting and Convention at the KI Convention Center in Green Bay, Wis.
“Corporate Central is here to help its members navigate the financial system, to provide liquidity sources, competitive rates, new products and services such as InterLutions to bring better pricing collectively, and be a support to your operations,” said Chairman Kim Sponem, CEO of Summit CU.
“I-Care, a collaborative group healthcare solution developed by credit unions for credit unions through Corporate Central Credit Union’s CUSO InterLutions, was created in response to one of the biggest challenges facing credit unions and all employers – the ever escalating costs of healthcare,” said Interim President and CEO Chris Felton. “We are laser focused on creating new products and services. In addition to I-Care, we are developing services and partnerships to bring a number of solutions to you in 2016 and 2017 that focus on helping you to improve efficiency and operations. We are committed to serving you and helping you to be wildly successful while serving your members”
The Wisconsin Department of Financial Institutions Office of Credit Unions Director Kim Santos said Corporate Central is “one of the strongest corporates in the nation. Wisconsin and member credit unions are fortunate to have Corporate Central Credit Union as a financial option.”
During the business portion of the meeting, the four board incumbents–Eric Chrisinger, Pete Paulson, Kim Sponem, and Thomas Young–were reelected directors of Corporate Central Credit Union.
Named to the executive committee: Sponem (chair), Chrisinger (vice chair), Sally Dischler (secretary), and Ronald Vogel (treasurer).