Park City Credit Union celebrates a strong Year at Annual Meeting

Jim Richardson speaks at Park City Credit Union’s annual meeting. Photo courtesy of Park City Credit Union.

Park City Credit Union held its Annual Meeting in April 2024, celebrating a year of significant achievements and outlining future plans to enhance member services. This year‘s meeting revolved around the theme “Meeting You Where You Are,” focusing on the credit union’s commitment to serving its members‘ diverse needs.
Park City Credit Union continues to innovate its services by enhancing the digital experience, offering features like video banking and Interactive Teller Machines (ITMs). This commitment makes banking more accessible regardless of where members are, ensuring readiness for future challenges while addressing current financial needs.
During the meeting, CEO Val Mindak highlighted the credit union‘s prosperous year, saying, “2023 was a monumental year for us, not only in terms of financial performance but also in our community impact.” Park City Credit Union reported a total asset growth to $347.5 million and welcomed hundreds of new members, expanding the total membership to 24,654.
A key highlight of the year was the remarkable progress of the Park City Cares Foundation, which significantly expanded its outreach, providing invaluable support through financial literacy and educational programs. At the Annual Meeting, Park City Credit Union announced a $500 donation to the Foundation, further demonstrating its commitment to serving and uplifting the community. “The Foundation‘s efforts this past year have been truly groundbreaking, reflecting its distinct mission that aligns well with Park City Credit Union‘s core values and goals,” Mindak said.
Members interested in detailed financial performance can refer to the annual report, which outlines comprehensive financial statements and the strides made in digital banking to ensure seamless service. The full Annual Report is available on the website at parkcitycu.org or at any Park City Credit Union Branch.
As Park City Credit Union looks to the future, it remains dedicated to its mission of helping members achieve their financial goals through personalized service and robust support systems, the organization said in a press release.

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