A Successful 2015 and a Bright Future Ahead

John Lund, President, America First Credit Union

By John B. Lund, President and Chief Executive Officer

Reflecting on the challenges, opportunities, and successes of 2015, I am truly grateful to be part of such an outstanding organization. Our volunteers and staff are dedicated to delivering service that is second to none, with the objective of improving the financial well-being of each member, family, and business choosing America First. I am pleased to report that your credit union remains safe, strong, and well-positioned for a bright and vibrant future.

We reached many milestones during 2015. America First surpassed $7 billion in assets and we are the financial home to more than 740,000 members. With over 6,200 credit unions across the country, we stand as the 12th largest in assets and the 7th largest in membership. While these are significant indicators, given the relatively small population in our market, I believe our growth and achievement reflect the fact that America First offers consistent, convenient, and lasting value.

More complete financial and performance reporting for 2015 will be detailed at the Annual Meeting in April. However, a few highlights for the year include:

• We opened new branches in Kaysville, Lehi, and Herriman, Utah; and in Henderson, Nevada

• Superior service scores & measurements were attained

• Consumer Reports rated America First among the best financial institutions in the U.S.

• We received the highest ranking possible from our regulator, the National Credit Union Administration (NCUA), and a clean external audit report

• Our insurance, investment, and planning products were enhanced

• The Card Guard® mobile security app was deployed, giving members real-time credit and debit card control

• EMV chip-enabled Visa® cards were introduced for an extra layer of protection

• New Visa, home equity, and business options were launched

• We again were recognized as the number-one auto lender in Utah & the top credit union auto lender in Nevada

• Our tradition of being a premier provider of electronic services continued

• New purchasing methods were made available with Apple Pay, Samsung Pay & Android Pay

• Our portal at americafirst.com was revamped and redesigned

• SpeechAccess™ Telephone Banking was improved

• We developed engaging social media initiatives and demonstrated solid results

• We undertook many educational programs for students and teachers in our schools

• Our dedication to making significant & meaningful outreach efforts to the communities we serve was evident, including the donation of time, means, and goods to those in need or those who require a helping hand

The beginning of a new year marks a time for us to assess our budgets, goals, objectives, and resolutions. You can be certain that we at America First will continue our resolve to provide you with the very best in products and services. I hope 2016 is a year of peace, productivity, and positive outcomes for you and those you love. Thank you for supporting America First Credit Union. We look forward to a lifelong relationship.