March 31, 2016 — Interra Credit Union members have elected Michelle (Chupp) Adams, CPA, staff accountant at Kruggel Lawton, to a three-year term on their supervisory committee. This is Adams' first time serving Interra in this capacity. The announcement was made at Interra's Annual Meeting which was held on March 21.
In addition, Kathy Brewton and Carl Stoltzfus, Goshen, and Linda Garber, Middlebury, were all reelected to three year terms on the board of directors. Tim Yoder, Goshen, was elected chairman of Interra’s board of directors; Garber, vice chairman; Loren Eash, Goshen, secretary-treasurer; and Stoltzfus, assistant secretary-treasurer.
The 2015 annual report was also presented at the annual meeting, reflecting double-digit growth in all areas of Interra’s operations. Membership growth was up more than 10 percent; loan growth, 30 percent, and share growth, 12 percent. Year-end assets topped $800 million, an increase of 12 percent over the previous year.
“Interra had a great year,” Amy Sink, CEO, reported to members. She noted that major projects, such as an enhanced, robust online banking platform and an online account opening and loan application system were rolled out to enhance members’ experience. “Our leadership team will continue to work in 2016 to bridge the past to the future, by leveraging our rich history and by continuing to provide the financial services members need,” Sink said.