Interra Holds Annual Meeting
By KAREN STEFFENSEN
Vice President of Communications and Community Engagement, Interra Credit Union
GOSHEN — Election results and a report of double digit growth in 2015 highlighted the Interra Credit Union annual meeting, which was held March 21.
Culminating a two week voting period, Interra members elected three fellow members to the board of directors and one to the supervisory committee. Reelected to three-year terms on the board were Kathy Brewton and Carl Stoltzfus, Goshen, and Linda Garber, Middlebury. Michelle Chupp, Goshen, was newly elected to a three-year term on the supervisory committee.
At the reorganizational meeting, Tim Yoder, Goshen, was elected chairman of Interra’s board of directors; Garber, vice chairman; Loren Eash, Goshen, secretary-treasurer; and Stoltzfus, assistant secretary-treasurer.
The 2015 annual report was presented, reflecting double-digit growth in all areas of Interra’s operations. Membership growth was up more than 10 percent; loan growth, 30 percent, and share growth, 12 percent. Year-end assets topped $800 million, an increase of 12 percent over the previous year.
“Interra had a great year,” Amy Sink, CEO, reported to members. She noted that major projects, such as an enhanced, robust online banking platform and an online account opening and loan application system were rolled out to enhance members’ experience.
“Our leadership team will continue to work in 2016 to bridge the past to the future, by leveraging our rich history and by continuing to provide the financial services members need,” Sink said.