2023 Recap
The below content is meant to be informational and not used as financial advice.
A Look Back at 2023
February 21, 2024
At the end of each year, we look forward to seeing our ‘stats’ - how many members we served and in what ways, how we gave back to our communities and more. We thought we’d share some of them with you!
We had 19,237 members at the end of 2023.
Our lending team processed 3,656 loan applications and saved members $375,320 by refinancing auto loans!
Our ATM saw 180,805 transactions, while our incredible tellers took care of 304,710 in-branch transactions. A whopping 680,985 transactions were made through the convenience of digital banking.
The amazing Call Center team spoke to 57,642 callers last year – that’s over 14,400 per representative!
We said goodbye to two retirees and welcomed five new staff members. By the way, the OFCU team has nearly 600 years of experience altogether. Our employees upheld the credit union motto of ‘people helping people’ by logging almost 400 hours of volunteer time last year.
The marketing team was busy! $45,667 was donated to community causes and $53,902 was spent on sponsorships. They gave 15 classroom presentations ranging from counting coins to creating a budget and participated in 25 community events.
Donations made to local food pantries from the Campaign to End Hunger totaled $13,500 and an additional $3,390 was contributed by OFCU through food drives and donations of reusable bags.
Oh – and we had 76 different puns featured on our road signs throughout the year! 😊
02/23/2023
What is Financial Wellness?
I think I’ve always managed my money fairly well. But I spent many, many years living paycheck to paycheck and having to borrow from my parents if something came up…
04/24/2023
Mobile Pay & Digital Wallets
My teammate flashes her Apple Watch wherever she can – gas pumps, Subway, the vending machine… But, a lot of people don’t know about mobile pay or understand how it works.
01/17/2023
Credit Cards & Interest Rates
A few weeks ago, I was paying for purchases in a retail store and was asked if I wanted to apply for their credit card. I said I wasn’t interested, and the cashier replied, “Good. The interest rate is 30%! Can you believe that?!”