“Over the coming year and years, it is my desire that Houston Highway Credit Union become the only financial institution that our members use. In addition, I would like to grow the HHCU family to include as many new members as possible.“
Not with a $3000 minimum balance to avoid fees, that isn’t going to happen, especially when many competing credit unions only require $5 to $25 to avoid a monthly fee!~
CELEBRATING 56 YEARS OF SERVICE Annual Report 2008
Directors: Chairman David E. Williams Vice Chairman Michael W. Alford Treasurer Rita K. Dennis Secretary Liz K. Gerstenberger Director David N. Eng Director Gail E. Morea Director Otto Maresh Advisory Directors: Greg Ranft Audit Committee: Chairman Greg Ranft Eliza Paul, Janet Kurtz, Lonnie Johnson Sr. Education & Promotion Committee: Chairman Rita K. Dennis Liz K. Gerstenberger, Gail E. Morea Staff: President Craig A. Atkinson Vice President Lois Krolczyk Loans Lynette Cannon, Gwen Sweet, Rony Molina Accounting Assistant Melissa Randles Chief Teller Gloria Garcia Tellers Kita Leyva, Maria Mahoney, Paul Castillo
Services: Automated Teller Machine (ATM) Cards Bank Wire Transfers Bill Payer Boat Loans Car Title Transfer Forms Certificates of Deposit Checking (Share Draft) Accounts Chrome Car Book Credit Life & Credit Disability Insurance CU@Home Internet Banking Debit Cards Direct Deposit Drive-Thru Tellers Education Loans Home Improvement Loans IRA Deposit Accounts MasterCard® Platinum MasterCard® Gold MasterCard® Classic Money Orders Night Depository Notary Public Service NADA E-Valuator Personal Loans Recreational Vehicle Loans Safe Deposit Boxes Savings (SHARES) Accounts Share Secured Loans Travelers Checks (American Express) Unimproved Property Loans Vehicle Loans (New & Used) Western Union Wire Transfers
AGENDA I. Call meeting to Order II. Determination of Quorum III. Minutes of Last Meeting IV. Directors’ Report by Chairman
V. President’s Report VI. Audit Committee Report VII. Unfinished Business VIII. New Business
IX. Election of Directors X. Adjourn Note: Door Prizes will be awarded after business meeting.
REPORT FROM THE BOARD OF DIRECTORS I would like to welcome you to our 56th annual meeting. I’m honored to be here and to celebrate with you another successful year in serving our members and the community in which we call home. I am happy to report to you that Houston Highway Credit Union is safe and sound. In these troubled economic times, it is refreshing to be associated with a financial institution that has not been part of the downward spiral which has affected so many financial institutions. It is clear by our strength as well as the strength of the overall credit union system, that the non-profit financial cooperatives truly exist to serve member needs rather than to take unnecessary risk in search of every penny of profit. As a volunteer board of director, every decision that we make is focused on improving services and benefits to our membership. This past year we had a vote on merging with another credit union. It was clear by the outcome, that our members are committed to the credit union. In addition, we were faced with the retirement of our president, Barbara Spaulding, who had been a loyal and faithful employee for many years. In searching for her replacement, we found a native Houstonian, with an entire career in credit unions. Craig Atkinson became our new president on January 1, 2009. He is committed to Houston Highway Credit Union and its members. Our goal is to be your primary financial institution, and to continue to offer products and services that benefit members and their every day lives. We look forward to serving you in the coming year, and appreciate your continuous commitment to our credit union. David Williams Chairman
REPORT OF THE PRESIDENT It is my pleasure to welcome everyone to our annual meeting and join with you in celebrating another successful year for our credit union. I became the President in January after Barbara Spaulding’s retirement effective December 31, 2008. I am quite aware that I have big shoes to fill and I make a commitment to each of you to do just that. I am a native Houstonian and have worked my entire career in credit unions, since graduating from The University of Houston with a degree in Finance. Houston Highway Credit Union has a solid reputation in the credit union movement, and as members, each of you can be extremely proud of that accomplishment. Financially, we are strong and together we will continue to make each other’s lives better as we have over the past 56 years. In addition, I would like to grow the HHCU family to include as many new members as possible. Over the coming year and years, it is my desire that Houston Highway Credit Union become the only financial institution that our members use. In the current economic climate, many of us have concerns. Rest assured that your credit union is safe, strong and not part of any economic bailout. In addition, we have many products and services available to help. Whether that’s money for a new car, or just the convenience of our new Debit Card that debuts in a week, we are here to serve you. Make sure you let us know how we can SERVE you. Thanks for coming to this evening and your participation in your credit union’s 56th Annual Meeting and welcoming me to OUR credit union. If you are ever in the credit union lobby, make sure to stick your head in and say “HI”. I look forward to meeting each and every one of you and earning your confidence and trust. Craig Atkinson President
Houston Highway CU Credit Union 