A Message from Our CEO
Entering the second half of 2019, we find ourselves in what analysts refer to as a Goldilocks Economy. The growth rate is in the ideal 2-3% range, there’s little inflation, and the unemployment rate continues to gradually decline. While we’re seeing rates beginning to steady, you can rest assured your Credit Union remains competitive compared to other financial institutions in the market.
In addition to providing you with competitive rates, we are driven to find new ways to meet your evolving needs and develop our relationship together. That means ensuring your everyday financial experiences are convenient, personalized, and most importantly, secure.
To that end, we’ve been hard at work enhancing our line of products and services and leveraging cutting-edge, digital technology so you can stay in touch with your money, confidently and with peace of mind. For instance, you can add your GECU credit and debit cards to various online and mobile digital wallets in the market. This provides a safer alternative to carrying around and using physical cards, while our Debit Card Controls (coming soon) will allow you to monitor and manage your debit card activity in real time. Our Interactive Teller Machines (ITMs), which we will be piloting at a couple of our locations, will also enhance your everyday banking experience like never before. Stay tuned for more details about our ITMs in the coming months.
As we expand our products and services, we are also growing our physical presence in the area and our support teams. Our new, state-of-the-art branches in Florence, Oakley,
and Montgomery represent an exciting new chapter. Likewise, we recently held a GECU Job Fair to bring aboard talented professionals, all of whom have a true passion for Improving the Quality of Financial Lives.
Our team is passionate about strengthening relationships within our communities. Earlier this year, we created an employee volunteer initiative called GECU Cares. Since the program’s inception, we’ve helped over 30 organizations through give-back and sponsorship opportunities, with team members volunteering over 400 hours. We’re honored to have the opportunity to give back to the communities we serve.
Now and for all the days to come, know your financial wellbeing and trust are our top priorities. We are looking out for you at every turn, and there is more on the horizon that will help you continue to thrive. Thank you for your continued loyalty and membership.
Timothy D. Ballinger
President and Chief Executive Officer
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