Newsletter Correction
The Spring 2013 Newsletter “Annual Meeting Highlights” article, incorrectly stated in sentence three paragraph two, that the Credit Union’s delinquency ratio was 30%.  The Credit Union’s actual delinquency ratio is .30%.
The corrected paragraph should have read as follows:
Rick Morelli of the Supervisory Committee reported that NUFCU is in good standing with both auditors and regulators.  Board Treasurer Phil Kroeker stated that our credit union assets reached $75 million, with reserves of $6.38 million.  Together with a delinquency rate of .30% - the lowest in six years – and loans on the rise for the second straight year, the NUFCU is in a healthy position and poised for growth.