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TUFCU’s Annual Meeting Emphasizes Accomplishments

Sojourner’s Truth Staff

On the eve of the Toledo Urban Federal Credit Union’s annual banquet and the opening of a new facility, the community financial institution held its annual membership meeting on Monday, November 16 at the Mott Branch Library.
 


Board Member Leo Martinez, CEO Suzette Cowell, Board President Frances Smith

Over the past two decades the main topics of discussion at such meetings have generally revolved around formulating strategic plans for survival. Not this year.

This year at the meeting held four days before the staff receives the keys to the newly-constructed building at the corner of Dorr and Detroit, five days before the annual banquet, the news was all positive. The message from CEO Suzette Cowell to the assembled staff and members was ‘we are not just surviving, we are thriving.’

The new building will open for business in early December, greatly expanding the working space for staff. Already, since the groundbreaking for the new building, membership has exploded. Since May, reported Cowell, over 400 new members have opened up accounts with TUFCU.

There was lots of good news for members. Coming with the new building is drive through service, an ATM machine, a night deposit box and a credit card program. After nearly 20 years of just getting by, long-time TUFCU associates are giddy about the change in fortunes.

Frances Smith, the board president who has been with Cowell and the credit union since the beginning, spoke at Monday’s meeting of the early difficult times in establishing the community-based institution. She especially lamented the skepticism and racism of people – those in the federal governing agency and those in mainstream financial institutions – who were supposedly providing guidance and assistance.

Long-time TUFCU member Aletha Easterly, owner of Quality Time Day Care, spoke of the invaluable help the Cowell and the credit union have provided over the years in keeping her business afloat.

New board member, Pastor Cordell Jenkins of Abundant Life Ministries, summed up his feelings about his association with the credit union with a succinct remark: “I am more blessed to be on the board than the board is blessed to have me.” He expressed his joy at being “part of history” as the institution prepares to move into its new facility.

For information on membership or tickets for this weekend’s gala celebration, call 419-255-8876.

 
   
   


Copyright © 2015 by [The Sojourner's Truth]. All rights reserved.
Revised: 08/16/18 14:12:15 -0700.


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