VLFCU Annual Report

With $294.0 million in assets, VacationLand Federal Credit Union, headquartered in Sandusky, Ohio serves over 20,300 members, businesses and organizations at five branch offices and 11 ATMs in the cities of Sandusky, Huron, Norwalk and Vermilion. We serve our members at over 5,000 plus CO-OP Shared Branches and at over 37,000 MoneyPass and over 4,900 Alliance One surcharge-free ATM locations in the United States. Through 24-hour online banking, Remote Deposit Capture and CU*Talk Telephone Account Access, we serve members wherever they are. Our vision is to be our members’ chosen lifetime financial partner and to improve our communities for future generations. Our mission is guided by our core values. We exist as a not-for- profit cooperative to serve and surpass by providing value and financial freedom. The Credit Union offers its members a full suite of financial products including mortgage, home equity, consumer and credit card loans and a wide array of savings, checking, money market and certificate deposit products. The Credit Union supports community employment opportunities by funding local small businesses. Business loan products include equipment, auto, truck, lines of credit and commercial real estate loans. VacationLand Federal Credit Union is a member of Corporate One Federal Credit Union and Corporate Central Credit Union, National Credit Union Administration’s Central Liquidity Facility, Federal Reserve Bank of Cleveland’s Discount Window and the Federal Home Loan Bank of Cincinnati. VacationLand Federal Credit Union is an Equal Opportunity Employer and an Equal Housing Lender. VacationLand Federal Credit Union received Low-income designation through the NCUA, providing benefits to VacationLand to help serve members who have challenges accessing financial products and services. Low-income designation benefits include: »» Accepting non-member deposits from any source »» A gateway to community development financial institution (CDFI) certification »» Opportunities to apply for grants and low-interest loans