2020 Annual Report

CAMINO FEDERAL CREDIT UNION 2020 ANNUAL REPORT 2 Chairwoman’s Report From the moment we first opened our doors in 1941, Camino Federal Credit Union has been tirelessly fulfilling our promise to serve the financial needs of our communities and our members. Over the past eight decades, we have remained vigilant to this commitment and have stood by our members’ side to provide a constant, helping hand throughout the ups and downs of each passing year. While undoubtedly notable, this dedication throughout the years is not the limit of all we honor and observe as we celebrate our 80th Anniversary. We heartily recognize and celebrate the resolute loyalty of each and every one of our members and staff who continue to partner with us in the financial journey of life. You are the pillar behind this monumental milestone. I am pleased to share that while 2020 proved to be an unprecedented year of unyielding trials for our credit union, members, staff, and communities, it likewise provided the opportunity for us to pull together with our members and staff to create a unity that persevered through even the toughest of times. During a pandemic that could have easily brought us down, it makes me proud to be a part of a credit union family that didn’t just survive the trials of 2020, but unified to face and conquer them together. To me, this great feat stands out as a highlight of an otherwise trying year. Throughout the past year, our staff has displayed great determination and commitment to our members and our credit union. It is with great honor that I express my gratitude for their steadfast support while emphasizing our ongoing commitment to remain a constant, unwavering help to you in every circumstance. Similarly, as we continue to face the unknowns of a persisting pandemic, it gives me great confidence to know we have the dedication and loyalty of a membership that prevails through all uncertainties. Thank you for continuing to choose Camino as your trusted financial partner. There is no doubt, we’ve come a long way since the founding of Camino in 1941, and as we journey into 2021, we joyfully celebrate 80 years of excellence in service, solemnly and gratefully reflect upon the challenges we’ve overcome together throughout the past year, and enthusiastically anticipate many more decades of service to our membership. On behalf of the Board of Directors, I would like to thank our members, staff, and communities for continuing to make Camino Federal Credit Union the deep-rooted, longstanding financial institution it has become and for allowing us to stand by your side in a time when loyalty and unity are the bread and butter of growth and success. Noreene Arase Chairwoman of the Board