2019 Annual Report
President & CEO's Message
"As I review this report and what we built together in 2019, I do so in context of all that is happening today. So much uncertainty regarding our health, our financial well-being and our ability to return to normalcy. We at Meriwest did not have the foresight to predict 2020, but we did have the goal to lay the foundation and craft the tools to help you, our members, when you need us most. Together as One is both the hallmark and blueprint of the Meriwest Way.
Last year, we accomplished so much together. We always do better when we work together. One-hundred-percent of the Meriwest team volunteered in the community, spending more than 1,700 hours to improve the lives of others. Our community outreach team provided financial education to more than 7,200 adults and young adults. We supported multiple charities and raised more than $22,000 in donations. Through our partnerships, we have supported the underserved and those with physical challenges. We donated hundreds of pounds of essential personal care items and fed 17,000 individuals a meal on Thanksgiving.
Again this year, we sponsored much needed grants through the Federal Home Loan Banks’ Affordable Housing Program to provide opportunities for those seeking to buy a home for the first time with down payment assistance. We’ve earned prestigious awards, but what’s truly rewarding is knowing we made a difference. Our team of more than 200 employees is in this to help you and our community thrive.
We purposefully designed many products in 2019 to help grow our members’ wealth. The Meriwest Money Makers accounts increased our members’ savings by $215 million, a much-needed relief in the current economic environment. Our members took advantage of lower interest rates on loans that resulted in more than $300 million in funded home loans. And as always, Meriwest Wealth Advisors helped members build for their financial futures.
Please know that we are here for you. We have many assistance programs, made possible in large part by our development of initiatives, products, processes and capital achieved in 2019. Together, we will get through this, as One"
Julie Kirsch, President/CEO
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