THE SWACU NEWSLETTER SPRING 2021 WINTER 2023 TOTAL LOANS
$546,252,638 TOTAL DEPOSITS
And that’s a wrap! 2022 was a sensational year for SWACU and we hope it was for you and your family as well. Earlier this year, we completed our multi-year CORE Project enhancement that will
$667,280,843 TOTAL ASSETS
$752,777,637
allow us to serve you better. From a partnership standpoint, we were so proud to work closely with Southwest Airlines to attend their training classes for the thousands of new hires onboarded this year. This aided in a membership boost for
TOTAL MEMBERS
57,012
FINANCIALS
As of November 30, 2022
SWACU. Membership growth increases our loans and deposits, resulting in new products and services for our incredible members. Growth allows us to give back to our members in the form of lower loan rates and higher dividend rates. Even in a rising interest rate environment, our loan rates have remained competitive, and our dividend rates have been top tier. This is just one way that Credit Unions give back to their members. All in all, it has been a great year. We expanded our charitable giving in 2022 with multiple large donations to organizations that could meet the needs of our membership across the country should a necessity arise or a tragedy strike. Earlier this year we shared the news about our $50,000 donation to the Salvation Army. In December, we made a $30,000 donation to the American Red Cross. In Q1 2023, we will be making a large donation to Feeding America, which serves people in need across the country. Donations were also made throughout the year to several SWA charitable golf events in Albuquerque, Austin, and Dallas. It’s our commitment to give back to our community helpers to ensure needs are met. This is another way Credit Unions give back.
We wish each of your families a prosperous 2023.
IN THIS ISSUE: • Cynde’s New Year • 4 Financial Resolutions • Balance Transfer Promotion
• SWACU’s Holiday Loan Offer
• Daniel J. Kimber Scholarship Announcement
• Now Hiring • Like Us. Luv Us.
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