Report of the Chair and CEO
The numbers tell us 2019 was a solid year. An increase of just over $18 million in business loans and nearly $6 million in personal loans led to an overall increase in our portfolio. Checking, Savings, IRAs and Certificates all showed growth, adding approximately $30 million to our deposit shares, a boost of nearly 5%. We closed out 2019 with over $728 million in assets, and just under 61,000 members.