THE SWACU NEWSLETTER FALL 2020 On September 22, 2020, SWACU celebrated our 45th birthday. When 2020 began, we anticipated a huge celebration of this milestone with our members and staff, but as the year progressed it became clear that it would be a much more scaled back observance. Instead, we celebrated with some internal 1975 disco party fun with our staff. More importantly, we took time to reflect on what is meaningful to us as an organization and how we were able to show the love to our members during the hardest times many have ever seen. Throughout the pandemic we assisted members with mortgage and consumer loan modifications, approved loan payment deferrals and debt consolidation loans. We have driven even more of our business to be conducted electronically to keep both our members and our staff safe during the peak of the pandemic. We have heard from so many of you. We know some of you have lost your job or helped your company stay strong by taking time off with partial pay or in some cases you have taken early retirement. For most of us, this year does not look like we hoped it would when it began. But we are all still here, moving forward and persevering together. We are so happy you have chosen to have the special relationship with us called membership. You’re more than a number to us; you are important, and you matter to us. It is my desire that you experience this feeling through every touchpoint and interaction with SWACU. There is a phrase that is vital to Southwest Airlines Federal Credit Union (and all credit unions), you may have heard it before: ONCE a member, ALWAYS a member. That means no matter how your employment may have changed, or how your finances may have been altered, you always have a place with us at SWACU. Through the best years and toughest years, we can be your financial institution for life!
TOTAL LOANS
$441,837,068 TOTAL DEPOSITS
$646,957,475 TOTAL ASSETS
$721,823,264 TOTAL MEMBERS
58,532
FINANCIALS As of August 31, 2020
IN THIS ISSUE:
• Safety Account Reminder • Pumpkin Flavored Loans • Annual Meeting • Holiday Credit Card Tip • Drive Out Hunger • Scholarship Reminder • 12 Days of Christmas
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