Associated Credit Union Adds Digital Solutions Business Journal Daily
YOUNGSTOWN, Ohio — The Associated School Employees Credit Union added digital services while seeing strong returns in asset growth rates last year, says its president and CEO, Michael Kurish.
ASECU experienced a 6% asset growth rate in 2021 and added nearly $10 million to its portfolio by the end of the year, according to Kurish. It begins 2022 with $172 million in assets and over 14,000 members.
The credit union has expanded its online and mobile presence with a new online banking service and mobile app, he continues. The free mobile app includes features such as mobile check deposit, person-to-person payments, external transfers, and bill payment access.
“ASECU digital solutions allow members to access and manage most of their financial needs remotely at any time,” says Kurish. “Since the start of the pandemic, ASECU has seen more and more members adopt these digital platforms.”
In 2022, ASECU plans to add additional features while maintaining customer privacy and security, he says.
ASECU is one of the few locally owned and operated financial institutions in the Mahoning Valley, he says, and is celebrating 63 years of providing financial services to Mahoning, Trumbull and Columbiana counties.
The credit union has operations in Austintown, Boardman, Lordstown, Newton Falls and on the campus of Youngstown State University. It employs 30 people.
The credit union continues to partner with organizations such as Junior Achievement of Mahoning Valley to sponsor Financial Starting Points – a program designed to teach financial literacy to high school students.
ASECU had the honor of sponsoring Oh Wow! Silly Science Sunday and has participated in other partnerships. Among them were Austintown Township Park, YSU Football, Austintown Community Baseball, and South Range Softball.
Copyright 2022 The Business Journal, Youngstown, Ohio.