Monthly publication from Western Cooperative Credit Union
Volume 40, No. 5
May 2017
79th Annual Meeting held March 28, 2017
Report of the Board of
Directors and President/CEO Advancing Together
Advancing Together– it is
important that we look beyond
today to be sure we are meeting
the needs of the future.
We are pleased to report that
your credit union remains
financially strong in all key areas.
We ended 2016 with $320
million in assets, $286 million in savings, and
$188 million in loans. As shown in our audit
report, we saw our assets decline in 2016. The
decline is not a concern due to the fact that
WCCU was growing very fast for several years.
The slower growth has allowed us to maintain
our strong equity position. We have also
managed good control of delinquent loans and
loan losses. Western Cooperative Credit Union
is in a strong financial position.
There will be challenges in 2017 with the
decline in our oil economy and the struggles in
the agricultural areas. As rates on loans and
investments continue to remain low, our ability
to earn strong income from these areas is
limited. Managing rates and assuring the
income necessary to provide demanded
products and services is a challenge. WCCU did
very well in 2016 in controlling operating
expenses. We must manage products,
services, and rates in the best interest of the
credit union as a whole.
The credit union strives to offer the products
and services demanded by consumers at
reasonable costs and with a delivery method
that is convenient. Technology continues to
move at a fast pace and we realize that to
continue advancing forward, technological
advances must be included. There are
increasing requirements regarding regulations
in all financial institutions. Those requirements
come with numerous costs and time
dedication.
We are a community credit union in western
North Dakota and feel it is important to be
involved in the communities where we conduct
business. It is with great pride that we are able
to give back to these communities through
employee participation, financial donations,
and other support to the local areas. We strive
to do the best we can for our members and our
communities.
Your Board of Directors, Supervisory
Committee, Managers, and Employees will stay
focused on the safety and soundness of your
credit union. The elected volunteers work
diligently in providing service to our members.
Western Cooperative Credit Union is successful
due to a strong team of committed individuals
and loyal members. Be assured that we work
to maintain a strong financial institution as we
advance together. Thank you for your
continued membership and support.
(Continued on the back page)
Melanie Stillwell, President/CEO
Larry Novak, Board Chairman
Thank you for attending
the 79th Annual Meeting!
P resi den t/CE O : Melanie P. Stillwell
Williston: Main Office
1300 Bison Drive
PO Box 2237
Williston, ND 58802
701-572-4000
1-800-584-9220
Williston: Branch Offices
215 Washington Ave.
701-572-4000
Dickinson: Branch Offices
290 15th St. W. & 721 State Ave.
Dickinson, ND 58601
701-227-0188
1-800-733-9228
Hebron: Branch Office
701 Main Street
PO Box 504
Hebron, ND 58638
701-878-4063
Beach: Branch Office
60 2nd St. NE
PO Box 366
Beach, ND 58621
701-872-2228
Glen Ullin: Branch Office
414 E. South Ave.
Glen Ullin, ND 58631
701-348-3832
Ray: Branch Office 10 Main St.
PO Box 158
Ray, ND 58849
701-568-3663
Tioga: Branch Office 6714 Hwy 40 S
PO Box 1090
Tioga, ND 58852
701-664-2666
iTalk—Interactive Voice Response Williston: 701-572-4400
Dickinson: 701-483-9228
Toll Free: 1-800-588-0106
Website & NetTeller
www.wccu.org
WCCU Mobile App Download the mobile app and connect to your
NetTeller today through your Google Play Store
or Apple App Store on your Smart Phone!
WCCU ATM Locations: Williston:
Main Branch, Downtown, TrainND, Albertsons,
Williston High School, & Law Enforcement
Center entrance.
Dickinson:
North Branch Drive-Up &
State Ave. Drive-up
Beach:
Drive-up
Ray:
Cenex Convenience Store
Tioga:
Pinnacle Travel Plaza
Cooperative Insurance Agency, LLC
1300 Bison Drive
PO Box 940
Williston, ND 58802
701-572-3292
WCCU Insurance Agency, LLC
290 15th St. W.
Dickinson, ND 58601
701-483-0207
Krabseth Agency
1300 Bison Drive
PO Box 909
Williston, ND 58802
701-577-2210 T he pro duct s an d s ervices o f fered by Co o perat ive I n s ura n ce Ag en cy, LLC
a n d WCCU I n s ura n ce Ag en cy, LLC a re not federa l ly in s ured; a re no t
o b l ig at io n s of WCCU; a re n ot g ua ra nt eed by WCCU o r a f f i l iat ed en t it ies;
in vo lve in vest men t r is ks, in cluding t he po ss ib le lo ss o f pr in cipa l.
Congratulations to the May 2017
“Star Student” Recipients
Abby Reidle and Sofia
Muruato!
Abby is a senior at Bainville High
School. She is the Class of 2017
Valedictorian, is on the Honor Roll,
and has participated in the
Academic Olympics. She is the
Student Council Vice President and
the National Honor Society
Treasurer. Abby is also the BPA
President, the FFA President, and
4-H Club President. She is in the
Pep Club and is involved in the
Faith Fellowship Youth Group.
Sofia is a senior at Beach High
School. She has won the Bob Jones
Spirit Memorial Award, algebra/
academic awards, and the Darrel W.
Wolff Award. She has been a Close
Up participant and a Girls State
participant. Sofia is in the Pep Band,
Jazz Band, Concert Band, and the
John Philip Susa Jazz Band. She is
her class Vice President, President
of the Student Council, and a peer
tutor!
BAND DAY 2017 MAY 13, 2017: WILLISTON, ND
Don’t miss this annual festival of music! Enjoy our float and all the activities of one of Williston’s greatest traditions!
NOTICE: Western Cooperative Credit Union will be closed on Monday, May 29th, 2017 in
observance of Memorial Day.
If you know any potential Star
Students, please visit your nearest
WCCU Branch for a brochure, or print
one off from our website:
www.wccu.org
Upcoming Community Notices & Events
Sofia Muruato
Abby Reidle
Congratulations to our 2017 WCCU Scholarship Winners!
WCCU is proud to announce that each of these CU Succeed Members will receive a
$500.00 scholarship to go towards their academic expenses.
Bailey Peterson
Bailey is a senior at Grenora
High School. She plans to
attend North Dakota State
University to become a
pharmacist.
Marlie Heiser
Marlie is a homeschool
student who plans to
attend the University of
North Dakota to study
business.
Maari Dolan
Maari is a senior at
Ray High School. She
plans to attend the
University of North
Dakota to study
Physical Therapy.
Heather Hintz
Heather is a senior at
Dickinson High School.
She plans to attend
Dickinson State University
to study nursing and
leadership
Beth Berger
Beth is a senior at Trinity
High School in Dickinson.
She plans to attend the
University of Mary to
study Spanish.
Messie Dandai
Messie is a senior at Hebron
Public School. She plans to
join the vocational training
program Job Corps to become
a Certified Nurses Assistant.
Annual & Membership Meeting Results:
Members and guests attended the 79th Annual
Meeting on Tuesday, March 28th, 2017 in
Williston, North Dakota and the Membership
meeting in Dickinson on March 27, 2017. Dean
Carlson of Williston was re-elected to serve on
the board of directors. Other board members
include: Larry Novak of Alexander, Gina Karsky of
Dickinson, David Hauser and Larry Schilke, both
of Williston. Jordis Larvick of Williston was
re-elected to serve on the supervisory
committee. Other supervisory committee
members include Jim Ryen and Alden Hagen,
both of Williston.
Employees service awards were
presented to:
25 years: Lester Mutschelknaus
20 years: Barbara Daniels Webster
Tracy Jordan
15 years: Sheila Zuther
Tim Lindemann
10 years: Alyssa Beaudoin
Holly Steier
Jason Cancade
Lisa Morken
5 years: Ashley Wanner
Brittani Hoff
Cathy Yineman-Williams
Justin Maddison
Karen Pavlicek
Krista Bruce
Linda Hanson
Lorrie Knight
Nicole Pitman
Sally Dawson
Samantha Meier
Tori Knutson
