Supervisory Report

Every year, Financial Center Credit Union’s Supervisory Committee is trusted with the important task of overseeing the Credit Union’s records and accounting policies. The Committee works closely with Financial Center Credit Union’s staff and the Board of Directors to ensure policies and procedures are properly implemented.

We are pleased to report that your funds at Financial Center are safe, and your Credit Union is financially poised and prepared for future progress. As an additional safety measure, the Supervisory Committee, with the enlisted help of an independent accounting firm, conducted a meticulous evaluation of our records and deemed Financial Center stable and secure for future growth. The 2011 McGladrey & Pullen CPA audit and our 18th consecutive year of Bauer 5-star rating substantiated Financial Center’s exceptional fiscal soundness.

This positive outcome is a direct result of the Board of Directors’ and President/CEO’s stellar leadership and vigilant management. We also thank our volunteers, management and staff for their commitment to service and accuracy. This commitment helps the Credit Union to prosper and maintain financial soundness for its member/shareholders.

Manuel Lopez
Chairman