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Causes: Credit Unions, Microfinance
Mission: Credit union operated without profit for mutual purposes
Programs: Granted 30 closed end loans to members for various provident purposes totalling $328,737. Increased visa credit card program to 87 accounts with outstanding year end balance of $168,993 with a total delinquency rate of . 9% down from 4. 9%. There was 1 loss in the visa program for $5,059. While total sales volume was $258,139, an increase of $33,875. From 2016.
received savings deposits and certificate of deposit deposits from 461 members, a net increase of 4 from 2016. At the same time total member deposits decreased by $66,186. From 2016.
delinquency rate on outstanding loans, other than visa, decreased to . 3% in 2017, which is the lowest rate in the cu's history.