July has arrived in San Francisco, bringing with it vacation getaways, our infamous summer fog, and an opportunity for me to update members on what’s happening at the credit union. I’ll start with the credit union’s financials, because as member-owners of this financial cooperative you should know that it continues to perform well. Our profitability is reliably consistent, allowing us to continuously grow the credit union’s capital reserves and ensure long-term viability. We owe this success to members, and thank you for giving us the opportunity to meet your banking needs. Letting us help you meet your financial goals is how you help us remain a strong and prosperous credit union.
It was a busy spring at SF Fire Credit Union, with a variety of member events and service upgrades to make doing business with us easier. Highlights included the Member Car Sale and Shred Day in April, the first-time homebuyer seminar in June, and enhancements to mobile and online banking that allow you to notify us of travel plans to avoid the blocking of debit or credit card transactions which might otherwise appear unusual.
We’ve got just as much planned for summer. In the coming weeks we’ll begin a remodel of our California Street location to make better use of space, and expand the member service areas for Real Estate and Business Services. Our new website is nearing completion, and will soon be unveiled. Always proud of our historic roots with San Francisco Firefighters, we’re pleased to be a primary sponsor as they host the 2014 California Firefighter Olympics from July 19th to the 25th and hope you’ll join us in supporting our local athletes. Our real estate seminars have been well received, so we’ll be expanding topics in the coming months to include healthcare, rebuilding your finances, and car buying. As these seminars are designed to help members make better informed decisions regarding their financial lives, I welcome feedback you might have on additional topics we should offer.
I hope to see you soon, be it at a branch or at one of our events. But if not, know that I always welcome your questions and comments and encourage you to reach out to me via our website (“Ask Darren”), Twitter, or mail at our California Street address.
Darren Herrmann, President & CEO