YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice...
Transcript of YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice...
![Page 1: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/1.jpg)
ANNUAL MEMBER MEETING 2018
YOU TOLD US. WE DELIVERED.
![Page 2: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/2.jpg)
2
HOUSEKEEPING
• Teleconference (Voice Services)
• Dial-in number: (877) 906-9811
• Participant Passcode: 9812138564
• Annual Meeting Minutes
• Please review before meeting at:
creditunion.coca-cola.com
Resources/Annual Meeting/2017 Annual Reports
• Prize Drawing
• Must be logged into online Open Meeting
• Member in good standing
• Questions
• Please submit questions via Open Meeting chat panel. Questions will be
answered during the ‘Other Business’ segment.
![Page 3: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/3.jpg)
CHAIRMAN’S INTRODUCTION
• Welcome
• Call to Order
![Page 4: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/4.jpg)
4
• Introduction of the Board
• Approval of Annual Meeting Minutes
• Supervisory Committee Report
• Chairman’s Report
• President’s Report
• Nominating Committee Report
• Other Business
• Q & A
• Closing Remarks/Adjourn Meeting
• Prize Drawing
AGENDA
Ivor Longo
Margaret Sherrod
Billy Kane
Ivor Longo
Rob Hatefi
Karen Brey
Ivor Longo
Ivor Longo
Ivor Longo
![Page 5: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/5.jpg)
BOARD OF
DIRECTORS
Ivor Longo
Karen Brey
Nick Nichols
Margaret Sherrod
Anita DeMyers
Robin Moore
Chris Nolan
Billy Kane
Mike Gregorio
Livingstone Johnson
Michael La Kier
Shilvi Leinwand
Peter Pearson
Chairman
Vice Chairman
Chief Financial Officer
Chief Recording Officer
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
![Page 6: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/6.jpg)
IVOR LONGOBoard Chairman
![Page 7: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/7.jpg)
KAREN BREYVice Chairman
![Page 8: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/8.jpg)
NICK NICHOLSChief Financial Officer
![Page 9: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/9.jpg)
MARGARET SHERRODChief Recording Officer
![Page 10: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/10.jpg)
ANITA DEMYERSBoard Member
![Page 11: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/11.jpg)
MIKE GREGORIOBoard Member
![Page 12: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/12.jpg)
BILLY KANEBoard Member
![Page 13: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/13.jpg)
ROBIN MOOREBoard Member
![Page 14: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/14.jpg)
LIVINGSTONE JOHNSONBoard Member
![Page 15: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/15.jpg)
MICHAEL LA KIERBoard Member
![Page 16: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/16.jpg)
SHILVI LEINWANDBoard Member
![Page 17: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/17.jpg)
CHRIS NOLANBoard Member
![Page 18: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/18.jpg)
PETER PEARSONBoard Member
![Page 19: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/19.jpg)
SALES &
SERVICE
TEAM
FINANCE
TEAM
![Page 20: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/20.jpg)
MARKETING
TEAM
WEALTH
MANAGEMENT
TEAM
![Page 21: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/21.jpg)
LENDING
TEAM
INFORMATION
TECHNOLOGY
TEAM
![Page 22: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/22.jpg)
EXECUTIVE
MANAGEMENT
TEAM
COCA-COLA
CREDIT UNION
TEAM
![Page 23: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/23.jpg)
23
• Finance Committee
• Supervisory Committee
• Marketing Committee
• Executive Committee
• Loan Review Committee
• Technology/Security Committee
• Advisory Council Committee
• Personnel Committee
• Contract Review Committee
BOARD COMMITTEES
![Page 24: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/24.jpg)
24
• Approval of Annual Meeting Minutes
• Chief Recording Officer, Margaret Sherrod
ANNUAL MEETING MINUTES
![Page 25: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/25.jpg)
ANNUAL MEETING MINUTES
![Page 26: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/26.jpg)
SUPERVISORY COMMITTEE REPORT
• Supervisory Committee Chairman
Billy Kane
![Page 27: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/27.jpg)
CHAIRMAN’S
REPORT
• Board Chairman
Ivor Longo
![Page 28: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/28.jpg)
CHAIRMAN’S MESSAGE
![Page 29: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/29.jpg)
29
PRESIDENT’S REPORT
Statement of Condition
EARNINGS RATIOS 2017 2016 2015
Yield on average Loans 4.5% 4.2% 4.2%
Yield on Investments 1.6% 1.3% 1.0%
Gross Income/Average Assets 4.2% 4.0% 3.9%
Cost of Funds 0.1% 0.1% 0.1%
Net Interest Margin 3.3% 3.0% 2.9%
Operating Expense Ratio 3.4% 3.3% 3.4%
Return on Average Assets 0.5% 0.6% 0.3%
![Page 30: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/30.jpg)
30
FINANCIAL RATIOS
2017
2017/2016
Growth 2016
2016/2015
Growth 2015
Total Loans 124.9$ 8.1% 115.5$ 4.7% 110.3$
Total Investments 59.7$ -7.3% 64.4$ 10.8% 58.1$
Total Assets 188.9$ 3.8% 182.0$ 7.2% 169.7$
Total Shares 170.4$ 3.8% 164.1$ 7.7% 152.4$
Total Equity 16.3$ 10.1% 14.8$ -1.3% 15.0$
Net Worth Ratio 9.2% 2.2% 9.0% -1.1% 9.1%
Loan to Share Ratio 73.3% 4.1% 70.4% -2.2% 72.0%
Total Number of Members 14,453 2.4% 14,115 0.2% 14,088
![Page 31: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/31.jpg)
31
FINANCIAL RESULTS
2017/2016 2016/2015
EARNINGS (in thousands) 2017 Growth 2016 Growth 2015
Operating Income 7,865.8$ 10.8% 7,100.2$ 8.1% 6,568.9$
Provision for Loan Losses 340.0 131.9% 146.6 -57.2% 342.2
Operating Expenses 6,384.2 8.8% 5,866.2 3.9% 5,645.2
Dividend Expense 184.6 4.7% 176.3 9.4% 161.1
Net Income from Operations 957.0 5.0% 911.1 116.7% 420.4
Non-Operating Gains/(Losses) 1.7 -97.2% 60.4 57.7% 38.3
Net Income 958.7 -1.3% 971.5 111.7% 458.8
![Page 32: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/32.jpg)
NOMINATING COMMITTEE REPORT
• Nominating Committee Chair
• Election of Board of Directors
![Page 33: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/33.jpg)
OTHER BUSINESS
• Old Business
• New Business
![Page 34: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/34.jpg)
CLOSING
REMARKS• Chairman’s Closing Comments
![Page 35: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/35.jpg)
PRIZES
Eligibility:
• Member in Good Standing
• Must attend meeting via Open Meeting or phone
• Board members, staff and volunteers are not
eligible
Gift cards will be awarded as follows:
• 5th prize $100.00
• 4th prize $200.00
• 3rd prize $300.00
• 2nd prize $400.00
• 1st prize $500.00
![Page 36: YOU TOLD US. WE DELIVERED. - Coca Cola Credit …...2 HOUSEKEEPING • Teleconference (Voice Services) • Dial-in number: (877) 906-9811 • Participant Passcode: 9812138564 • Annual](https://reader034.fdocuments.net/reader034/viewer/2022042312/5eda8433febf237c0c3b6d49/html5/thumbnails/36.jpg)
THANK YOU &
HAVE A GREAT DAY!• CREDITUNION.COCA-COLA.COM