Annual Meeting
Community field | burlington, ia
gates open – 5 | meeting – 5:15
IMPORTANT INFO
Tickets Available now!
Stop in to the branch and get your FREE ticket today!
Non member tickets are $22 for adults and $18 for children 13 and under.
Our commitment to financial well-being extends to all members, especially those facing financial challenges. As a Certified Development Financial Institution (CDFI) we prioritize expanding access to checking accounts and providing lending opportunities to individuals with impacted credit scores, often due to circumstances beyond their control.
We strive to find solutions and empower individuals through responsible lending practices. Our team actively engages with the community by connecting with potential members at locations such as the Farmers Market, Community Wellness Clinics, and local marketing events.
Recognizing the changing financial demographics of our community, we are dedicated to fostering inclusivity. Our focused efforts to build relationships within underserved communities in Southeast Iowa led to the expansion of our membership charter to include Van Buren County late last year.
Casebine Community Credit Union has been in operation since 1949, and we will continue to be a welcoming place for all community members for many years to come. Our team is proud to provide positive service to our members every day. Together, we will grow into the future, creating financial well-being for everyone!
Lynda Hild, President
We hope this message finds you well. As a member-owned financial cooperative, your trust and continued support are the foundation of everything we do at Casebine. We are committed to keeping you informed and delivering the highest level of service to help you achieve your financial goals.
In the last five years we have seen a lot of challenges, a global pandemic, business closures, economic disruptions, supply chain issues, high inflation, global tension, rising interest rates, natural disasters across the country, the list is endless. Through it all Casebine has remained strong, actively involved in our communities, expanding our charter membership, promoting financial literacy, supporting charities, and sponsoring local events. In 2024 the United States Department of Treasury in conjunction with the NCUA awarded Casebine a Community Development grant to be used to assist Female Heads of Households in Southeast Iowa.
We were saddened to hear the announcement of the closing of the Burlington, Iowa Case New Holland plant. There is a lot of history between Casebine and Case. We are grateful to the employees of Case who started our credit union 76 years ago. Today the credit union is a community charter with a diverse community membership and a solid future in Southeast Iowa and Eastern Illinois.
As you know, Casebine completed a conversion of our core system in May of last year, finally – and successfully! Our team did an outstanding job ensuring that we considered all the technical and operational aspects of the conversion. Their efforts were critical to our success, and the board is grateful for the work they put in!
We are proud to serve you and grateful for your continued membership. If you have any questions, feedback, or need assistance, don’t hesitate to reach out to us.
Daryl Wolff, Chairman
The Credit Committee is comprised of CCCU board members and collaborates with the management team. We strive to offer our members a full range of financial products, including financial education and niche consumer lending products.
We continuously look for opportunities to meet our members’ needs through process improvements, developing new products, and leveraging technological advances. In 2024 we expanded our Member Trust loan products, offering more favorable financing options for members who may face borrowing barriers with more traditional products.
Despite the changes in interest rates and their impact on borrowing behaviors, the credit union ended the year with 527 closed loans for $3,308,143.74. Management continues to see improvement in borrowers’ confidence and anticipates continues managed growth in 2025 as we launch the credit union’s Female Forward Focus initiative.
We look forward to continuing to serve our members and communities in 2025, continuing to work hard to earn your business and remain your trusted financial partner. Thank you for your support of your community’s credit union, Casebine.
Wayne Smith, Credit Committee Chair
The Audit Committee helps maintain the organization’s overall integrity, financial credibility and long-term viability. We also engage qualified external auditors to perform additional audits and assurance projects, intended to provide another level of oversight and assurance.
One of the Committee’s most important tasks is engaging and overseeing the annual financial statement and verification of member accounts audit. We engaged the independent accounting firm of Eide Bailly CPA and Business Advisors to do an “agreed upon procedures audit” of our financial records and files as of June 30, 2024. The credit union received an “unqualified” opinion, also known as a “clean” opinion. This clean opinion provides our members with comfort that the financial statements are free of material errors and omissions.
As a state-chartered credit union, Casebine is subject to examination by state regulators. Examiners from the Iowa Division of Credit Unions (IDCU) visited the credit union during September. The Audit Committee reviewed the results of this examination, as well as applicable findings, recommendations, and action plans. It is our opinion that Casebine Community Credit Union continues to perform well and operates in a safe and sound manner.
As the Chairman of the Audit Committee, I speak on behalf of all committee members when I say it has been a pleasure to serve you. The Audit Committee is an advocate for and representative of you, our members.
Laci Ryan, Audit Committee Chair
