President's Blog

by Kerry Wahlen, President/CEO

Giving and Receiving

December is a month with an added focus on giving and receiving. The spirit of the season is much like the credit union philosophy of people helping people. As a not-for-profit cooperative, we provide resources and tools that allow families and small businesses to reach their financial goals.

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0 Comments - Posted on December 10, 2012

Buy Local For A Better Community

There’s no denying it…the Christmas shopping season is upon us. In the hustle and bustle of the season, you may have noticed campaigns for shoppers to buy from locally-owned businesses.

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0 Comments - Posted on November 28, 2012

Free Checking Is Part Of Our Mission

Recently, a local radio station reported a story on rising fees on checking accounts. The financial industry claims they must increase fees to replace revenue lost from federal regulations that cap debit card swipe fees and overdraft fees.

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0 Comments - Posted on October 12, 2012

On Track For A Successful 2012

As we’ve reviewed mid-year numbers, I’m pleased to report Goldenwest is on track for a successful 2012. Our loan portfolio has increased 6.2%, or $14 million, year-to-date. June was our second highest month ever for mortgage origination, with $25 million in the secondary market mortgage loans. Assets grew by 5.6% to $800.8 million. Net income increased $5.5 million during the first six months, equating to a 1.39% return on assets.

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1 Comment - Posted on July 17, 2012

Our Savings Philosophy

Few things can provide greater peace of mind than a healthy savings account. From a young age, my wife and I have encouraged our children to set aside 10% of their income for savings and investments. It is never too soon to plan for a strong financial future.

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3 Comments - Posted on June 8, 2012

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