Monthly publication from Western Cooperative Credit Union

Volume 40, No. 5

May 2017

79th Annual Meeting held March 28, 2017

Report of the Board of

Directors and President/CEO Advancing Together

Advancing Together– it is

important that we look beyond

today to be sure we are meeting

the needs of the future.

We are pleased to report that

your credit union remains

financially strong in all key areas.

We ended 2016 with $320

million in assets, $286 million in savings, and

$188 million in loans. As shown in our audit

report, we saw our assets decline in 2016. The

decline is not a concern due to the fact that

WCCU was growing very fast for several years.

The slower growth has allowed us to maintain

our strong equity position. We have also

managed good control of delinquent loans and

loan losses. Western Cooperative Credit Union

is in a strong financial position.

There will be challenges in 2017 with the

decline in our oil economy and the struggles in

the agricultural areas. As rates on loans and

investments continue to remain low, our ability

to earn strong income from these areas is

limited. Managing rates and assuring the

income necessary to provide demanded

products and services is a challenge. WCCU did

very well in 2016 in controlling operating

expenses. We must manage products,

services, and rates in the best interest of the

credit union as a whole.

The credit union strives to offer the products

and services demanded by consumers at

reasonable costs and with a delivery method

that is convenient. Technology continues to

move at a fast pace and we realize that to

continue advancing forward, technological

advances must be included. There are

increasing requirements regarding regulations

in all financial institutions. Those requirements

come with numerous costs and time

dedication.

We are a community credit union in western

North Dakota and feel it is important to be

involved in the communities where we conduct

business. It is with great pride that we are able

to give back to these communities through

employee participation, financial donations,

and other support to the local areas. We strive

to do the best we can for our members and our

communities.

Your Board of Directors, Supervisory

Committee, Managers, and Employees will stay

focused on the safety and soundness of your

credit union. The elected volunteers work

diligently in providing service to our members.

Western Cooperative Credit Union is successful

due to a strong team of committed individuals

and loyal members. Be assured that we work

to maintain a strong financial institution as we

advance together. Thank you for your

continued membership and support.

(Continued on the back page)

Melanie Stillwell, President/CEO

Larry Novak, Board Chairman

Thank you for attending

the 79th Annual Meeting!

P resi den t/CE O : Melanie P. Stillwell

Williston: Main Office

1300 Bison Drive

PO Box 2237

Williston, ND 58802

701-572-4000

1-800-584-9220

Williston: Branch Offices

215 Washington Ave.

701-572-4000

Dickinson: Branch Offices

290 15th St. W. & 721 State Ave.

Dickinson, ND 58601

701-227-0188

1-800-733-9228

Hebron: Branch Office

701 Main Street

PO Box 504

Hebron, ND 58638

701-878-4063

Beach: Branch Office

60 2nd St. NE

PO Box 366

Beach, ND 58621

701-872-2228

Glen Ullin: Branch Office

414 E. South Ave.

Glen Ullin, ND 58631

701-348-3832

Ray: Branch Office 10 Main St.

PO Box 158

Ray, ND 58849

701-568-3663

Tioga: Branch Office 6714 Hwy 40 S

PO Box 1090

Tioga, ND 58852

701-664-2666

iTalk—Interactive Voice Response Williston: 701-572-4400

Dickinson: 701-483-9228

Toll Free: 1-800-588-0106

Website & NetTeller

www.wccu.org

WCCU Mobile App Download the mobile app and connect to your

NetTeller today through your Google Play Store

or Apple App Store on your Smart Phone!

WCCU ATM Locations: Williston:

Main Branch, Downtown, TrainND, Albertsons,

Williston High School, & Law Enforcement

Center entrance.

Dickinson:

North Branch Drive-Up &

State Ave. Drive-up

Beach:

Drive-up

Ray:

Cenex Convenience Store

Tioga:

Pinnacle Travel Plaza

Cooperative Insurance Agency, LLC

1300 Bison Drive

PO Box 940

Williston, ND 58802

701-572-3292

WCCU Insurance Agency, LLC

290 15th St. W.

Dickinson, ND 58601

701-483-0207

Krabseth Agency

1300 Bison Drive

PO Box 909

Williston, ND 58802

701-577-2210 T he pro duct s an d s ervices o f fered by Co o perat ive I n s ura n ce Ag en cy, LLC

a n d WCCU I n s ura n ce Ag en cy, LLC a re not federa l ly in s ured; a re no t

o b l ig at io n s of WCCU; a re n ot g ua ra nt eed by WCCU o r a f f i l iat ed en t it ies;

in vo lve in vest men t r is ks, in cluding t he po ss ib le lo ss o f pr in cipa l.

Congratulations to the May 2017

“Star Student” Recipients

Abby Reidle and Sofia

Muruato!

Abby is a senior at Bainville High

School. She is the Class of 2017

Valedictorian, is on the Honor Roll,

and has participated in the

Academic Olympics. She is the

Student Council Vice President and

the National Honor Society

Treasurer. Abby is also the BPA

President, the FFA President, and

4-H Club President. She is in the

Pep Club and is involved in the

Faith Fellowship Youth Group.

Sofia is a senior at Beach High

School. She has won the Bob Jones

Spirit Memorial Award, algebra/

academic awards, and the Darrel W.

Wolff Award. She has been a Close

Up participant and a Girls State

participant. Sofia is in the Pep Band,

Jazz Band, Concert Band, and the

John Philip Susa Jazz Band. She is

her class Vice President, President

of the Student Council, and a peer

tutor!

BAND DAY 2017 MAY 13, 2017: WILLISTON, ND

Don’t miss this annual festival of music! Enjoy our float and all the activities of one of Williston’s greatest traditions!

NOTICE: Western Cooperative Credit Union will be closed on Monday, May 29th, 2017 in

observance of Memorial Day.

If you know any potential Star

Students, please visit your nearest

WCCU Branch for a brochure, or print

one off from our website:

www.wccu.org

Upcoming Community Notices & Events

Sofia Muruato

Abby Reidle

Congratulations to our 2017 WCCU Scholarship Winners!

WCCU is proud to announce that each of these CU Succeed Members will receive a

$500.00 scholarship to go towards their academic expenses.

Bailey Peterson

Bailey is a senior at Grenora

High School. She plans to

attend North Dakota State

University to become a

pharmacist.

Marlie Heiser

Marlie is a homeschool

student who plans to

attend the University of

North Dakota to study

business.

Maari Dolan

Maari is a senior at

Ray High School. She

plans to attend the

University of North

Dakota to study

Physical Therapy.

Heather Hintz

Heather is a senior at

Dickinson High School.

She plans to attend

Dickinson State University

to study nursing and

leadership

Beth Berger

Beth is a senior at Trinity

High School in Dickinson.

She plans to attend the

University of Mary to

study Spanish.

Messie Dandai

Messie is a senior at Hebron

Public School. She plans to

join the vocational training

program Job Corps to become

a Certified Nurses Assistant.

Annual & Membership Meeting Results:

Members and guests attended the 79th Annual

Meeting on Tuesday, March 28th, 2017 in

Williston, North Dakota and the Membership

meeting in Dickinson on March 27, 2017. Dean

Carlson of Williston was re-elected to serve on

the board of directors. Other board members

include: Larry Novak of Alexander, Gina Karsky of

Dickinson, David Hauser and Larry Schilke, both

of Williston. Jordis Larvick of Williston was

re-elected to serve on the supervisory

committee. Other supervisory committee

members include Jim Ryen and Alden Hagen,

both of Williston.

Employees service awards were

presented to:

25 years: Lester Mutschelknaus

20 years: Barbara Daniels Webster

Tracy Jordan

15 years: Sheila Zuther

Tim Lindemann

10 years: Alyssa Beaudoin

Holly Steier

Jason Cancade

Lisa Morken

5 years: Ashley Wanner

Brittani Hoff

Cathy Yineman-Williams

Justin Maddison

Karen Pavlicek

Krista Bruce

Linda Hanson

Lorrie Knight

Nicole Pitman

Sally Dawson

Samantha Meier

Tori Knutson