CEO Report

Many are pleased to see 2009 behind us. Last year was a challenge for many banks and credit unions, including CFCU, as investment yields and member loan demand remained low. But, we reduced expenses wherever possible and saw profitability increase in the last half of 2009. The outlook is positive for CFCU. The Rancho Cucamonga office is being remodeled and enlarged. You will be pleased with the results! We will soon introduce our newly designed Website. It will be user friendlier and includes a new color palette. We also now offer small business services; so think of us for your business needs. We continue to grow and thrive as members look to us for all of their financial services. From the Chaffey FCU Board, Supervisory Committee and staff, we wish you a happy, healthy and prosperous New Year.
Sincerely, Catherine M. Randazzo

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