PCFCU 18TH ANNUAL MEETING WAS HELD VIRTUALLY via ZOOM
FEBRUARY 8, 2021. 6:00 pm
Tonya Placzek – Manager
Patty Anderjaska – Operations Officer
BOARD OF DIRECTORS
Margaret Pollmann –Chairman
Alan Baxter – Vice Chairman
Billy Smith – Chief Financial Officer
Derek Poe – Secretary
Amey Jutten Beth Smith
Meeting Agenda & Election Results
Call Meeting to Order – Margaret Pollmann
Determine Quorum – Patty Anderjaska
Roll Call of Board of Directors – Derek Poe
Minutes of the 2020 meeting
Unfinished Business – Margaret Pollmann
New Business – Margaret Pollmann
Election Results – Margaret Pollmann
The PCFCU annual meeting was held February 13, 2020 with welcome from Manager Tonya Placzek. Tonya offered prayer, followed by the Pledge of Allegiance.
The meal was catered by the Holy Family Altar Society. The meeting was called to order at 7:00 by Chairman Margaret Pollmann, Patty Anderjaska declared a quorum with 80 members present and there were 3 guests.
Roll call of the Board of Directors present: Pollmann, Madden, Smith, Baxter, Jutten, Poe.
Moved by Baxter to suspend the reading of the 2019 annual meeting minutes as they were printed in the program, second by Smith, motion carried.
Unfinished business none.
New business none.
Election results, announced candidates for three year term are: Pollmann and Poe, for a two year term-Ward. Pollmann asked for nominations from the floor with no nominations from the floor Baxter moved to accept by acclamation Pollmann and Poe, to serve the three year term, for Ward to serve two year term, second by Smith, motion carried. No further business Terri Wilson moved to adjourn, second by Gary Hanken, motion carried. Meeting adjourned at 7:10 pm
Alan Baxter – Secretary
So long 2020! A trying year on many levels to say the least! It is with hope and optimism that I approach 2021. Your credit union continues to be strong and will continue to be so due to your loyalty and the hard work of dedicated staff, directors and volunteers. Membership is key to the growth of a credit union and this year I challenge you as members to spread the word about ours. Tell your non-member family, friends and acquaintances about PCFCU and encourage them to contact Tonya, Patty or any board member about the complete line of services offered. On behalf of the Board, I thank you for your loyalty and we look forward to serving you in 2021 and beyond.
God Bless America
MEMBERS 737 734
ASSETS $5,058,498.07 $5,025,797.23
TOTAL LOANS 397 399
NEW LOANS 168 161
LOAN $ $2,912,117.89 $1,681,736.50
TOTAL $4,564,381.59 $4,518,748.56
NET WORTH 9.64% 9.96%
Submitted by : Billy C Smith
Chief Financial Officer
Pioneer Community Federal Credit Union would like to thank all of our members for their support in making 2020 another successful year.
2020 proved to be an unforgettable year for all of us, in our personal lives, financial situations, and employment. We at the credit union try to put the safety of our members and employees first while still conducting business at the credit union office. We continue to be diligent in the effort for safety for everyone and hope that 2021 will begin to get back to a “new normal”.
PCFCU reported assets totaling $5,025,797,23 and a net worth of 9.96% for 12/31/2020. We continue to be competitive with our loans and member shares. Our delinquency rate is low and we continue to work with our members to keep this manageable.
We continue to have more members sign up for our Mobile Banking. The usage is increasing and our members are enjoying this feature. So please ask us about it!!
You as members are the voice of PCFCU. If you ever have any ideas or concerns, please contact the staff or Board of Directors. Your input is important to us.
We are in our 19th year at Pioneer Community Federal Credit union and excited to see what 2021 brings!!
Pioneer Community Federal Credit Union
Not for Profit, Not for Charity, But for Service
Tonya Placzek, Manager
Meet the Candidates
Amey Jutten has enjoyed serving on PCFCU’s Supervisory Committee since its start 19 years ago and was appointed to the Board of Directors in 2014. She worked several years in banking in Colorado before moving to Nebraska and brought that experience and knowledge with her to better serve the credit union.
She is involved in many church ministries teaching children’s church and Sunday school and serving on the Worship Music Team. Amey is also involved with MOPS and volunteers at school wherever she is needed along with attending her children’s many activities.
Her greatest love is serving her family. Her and husband John are the parents to four children and grandparents to one. She is a work at home mom helping with the cattle and the bookkeeping.
Amey says “I have learned a great deal about the ever changing credit union world and I have enjoyed every bit of it. I would love to continue to serve this amazing community and to help our credit union grow.”
Bud Damon says “A little bit about me. I was a Coloradoian until I escaped to Palisade a little over three years ago.
To start with, I am a leather crafter. I started tooling leather in 4-H when I was about nine years old and have continued to enjoy creating things out of leather. I worked for Tandy Leather in high school and college, and then became a deputy sheriff for Jefferson Co. Colorado. Then on to Aurora Police Dept. in Colorado where I served on the Board for the Denver and Aurora Police Federal Credit Union.
I then taught woodshop to high school and jr. high students for several years and then taught Criminal Justice to high school and college students. Now retired in Paradise and bought a house. I kidnapped Elle at the beginning of Covid and brought her up here. She hasn’t left! I bought another house and Elle bought a dog (Sam). Now neither of them have left. J I love being in Palisade and look forward to serving you as a new member of the Credit Union. Thank you for the opportunity.”
Billy C Smith was born and raised in Palisade and graduated from Palisade High School in 1951. He entered the US Coast Guard in 1952 spending 24 years and retired in 1975 as a Master Chief Petty Officer. He is the owner of Smith Sales and Service since 1975.
Billy has been active in the community serving the Palisade Community Foundation, Palisade Housing Board, Palisade Fire Department and Ambulance and Palisade Tree Board. He has been an active member of the Veterans of Foreign Wars and served on many local, state and national committees over the last 33 years. Currently he serves on the Governors Veterans Advisory Board. Billy has also been involved in American Legion, Am Vets, Coast Guard Chief Petty Officers Association, Coast Guard Combat Association, Navy Fleet Reserve, and Military Order of the Cooties, Masonic Lodge 276 of McCook and the Palisade Methodist Church.
He and his wife Beth have seven children, 25 grandchildren and 23 great grandchildren.
SUPERVISORY COMMITTEE 18th Annual Report
The Supervisory Committee is responsible for ensuring that credit union policies, procedures and internal controls are adequately designed to protect members’ assets against fraud and conflict of interest. This is a federal requirement, and we report our compliance to the National Credit Union Administration (NCUA).
We are also responsible for handling all member complaints, conducting random audits as needed, and keeping our board of directors informed of our activities.
Periodically, you may receive notices with your statement asking you to verify information on your account. If there are ever any discrepancies noted, or you have concerns, please contact the Supervisory Committee so we can research the discrepancy and follow up.
In addition to the audit we perform, your credit union also receives an examination by the NCUA, the insurer and regulator. This examination also enhances the safety and soundness of the credit union.
The Supervisory Committee will continue to monitor and assist the Credit Union throughout the year to ensure that the PCFCU remains strong and efficient.
Supervisory Committee Members
WINTER LOAN SPECIAL
3.99% APY WITH APPROVED CREDIT
RATES SUBJECT TO CHANGE AT ANY TIME
APPLY ONLINE www.pioneercreditunion.net
$50 LOAN FEE………$5000 MINIMUM….SECURED LOANS ONLY
AVAILABLE 1-11-21 THRU 3-8-21
This credit union is federally insured by NCUA.
EFFECTIVE APRIL 1ST, 2021…….PCFCU Loan Origination Fee will be $60.
REGARDING COVID 19
PCFCU LOBBY IS NOW OPEN TO FOOT TRAFFIC
LIMITED TO 2 CUSTOMERS AT A TIME
WE APPRECIATE YOUR BUSINESS AND PATIENCE
ALSO AVAILABLE – NIGHT DEPOSIT DROP OR CALL 308-285-3679
THINKING OF MOVING YOUR PIGGY BANK?
Open a checking account and we’ll buy your first 50 checks
MAKE A CHANGE TO
PIONEER COMMUNITY FEDERAL CREDIT UNION
102 SOUTH MAIN STREET, PALISADE NE 308-285-3679
At our credit union, you’re not just a number, you’re a member. You will find personal service, usually higher return on savings and lower interest rates on loans.
Chartered in Hayes and Hitchcock County, so if you live in Hayes or Hitchcock County…you can be a member.
PCFCU is federally insured by the National Credit Union Administration