In 2007, Technology Groups Federal Credit Union joined Mutual Security Credit Union to form one of the strongest community credit unions in the state. Combining our talents, technologies, and vast array of financial products and services we joined forces to provide all of our members the strength and the unity of two highly qualified institutions. In keeping with the credit union philosophy, “…by using the economies of scale and the pooling of resources for the good of all”, we are well positioned to serve our members.
Demonstrating our commitment to our members was paramount throughout 2007. For the third consecutive year, we received “The Best of the Best” Award for exemplary mortgage services by achieving a significantly higher percentage of closings, surpassing the industry criteria, and closing more than 90% of our mortgage applications!
Members earned over 7.7 million points with our extremely popular VISA Bonus Check Card Rewards Program which makes their everyday purchases far more rewarding. Our 2007 Member Appreciation Events culminated with the “Paradise Awaits Sweepstakes” which awarded members exciting trips and useful travel prizes.
Expanding our product line to include a variety of ways to assist our members in achieving their financial goals was also an extremely high priority. We introduced our Youth Certificates of Deposit (CD) and Starter CD providing more opportunities and ways to encourage all members to save. We developed a new Home Equity Education Loan which was designed to help families finance the escalating cost of higher education. We expanded our surcharge-free ATM networks to include over 57,000 ATMs nationwide providing members the convenience of accessing their money without additional fees.
Our goal to give back to the communities in which we live and serve was surpassed as our dedicated staff worked diligently at over 35 community outreach and charitable events to support the less fortunate. Our dedication to our children was manifested in several ways. We hosted our first ever DNA Life Print Child Safety Event for over 300 children. Our branches were transformed into scholastic art galleries showcasing student interpretations of works by Rousseau and O’Keefe. Mutual Security also raised over $14,000 during the Connecticut Credit Union Charitable Foundation Raffle which benefited the Connecticut Food Bank.
“Seeing beyond today and helping you build your tomorrow” was what we envisioned as we moved forward and joined the resources of two of Connecticut’s most successful credit unions. Now more than ever we are uniquely positioned to help our members meet the financial challenges of the 21st century.
As a result of your continued support and loyalty, we will continue to work hard to exceed your expectations for exceptional service and superior financial products. We thank you for your business and look forward to assisting you in achieving your financial goals
Thank You!
Arnold Haydu, Chairman of the Board of Directors
Larry F. Holderman, President/CEO
