2nd Quarter 2021 Message

July 1, 2021

Dear Members: Lately, it has been nice to see people living ‘back to normal’ life styles. Restaurants, public venues and workplaces are seeing a return of customers and workers. It’s been a rough 18 months but hopefully you and your families are enjoying getting out again. While the Sky Park facility is [...]

1st Quarter 2021 Message

March 31, 2021

Dear Members: Fortunately, it seems we’ve rounded the crest of this monumental Covid-19 catastrophe, at least as far as we can believe at this point in time. Many business sectors are moving towards a “back to normal” mode of conducting their operations. Xcel Energy’s Sky Park and other outlying facilities are not [...]

4th Quarter 2020 Message

December 31, 2020 Dear Members:

On behalf of the Utilities Credit Union staff and Board of Directors, I hope your Christmas was joyful and your New Year is filled with happiness and prosperity following this very difficult year. There’s nothing I can say about the challenges we’ve all faced in 2020 that you don’t already [...]

3rd Quarter 2020 Message

October 1, 2020 Dear Members:

I hope this letter finds you and your loved ones healthy and well. Not much has changed from my last update in July. We continue to feel the impact of the coronavirus pandemic and the everyday difficulties of social distancing requirements. Our host company, Xcel Energy, is keeping its doors [...]

2nd Quarter 2020 Message

July 1, 2020 Dear Members:

I hope this letter finds you and your loved ones healthy and well. We continue to feel the impact of the coronavirus pandemic and the everyday difficulties of social distancing requirements. Our host company, Xcel Energy, is keeping its doors closed and requires employees that can work from home to [...]

1st Quarter 2020 Message

April 1, 2020 Dear Members: I hope this letter finds you and your loved ones healthy and well. It is safe to say these past several weeks have been among some of the most tumultuous and emotional that any of us can remember in our lifetimes. The impact of the coronavirus pandemic has been felt [...]

4th Quarter 2019 Message

January 1, 2020 Dear Members: On behalf of the Utilities Credit Union staff and Board of Directors, I hope your Christmas was joyful and your New Year is filled with happiness and prosperity. 2019 was a successful year for your UCU, and you. With the general economic conditions and financial indices setting all time records, [...]

3rd Quarter 2019 Message

October 1, 2019 Dear Members: We hear it a lot in advertisements; “save more and spend less.” Well, now UCU can make that claim. In September the Federal Reserve board voted to reduce the Prime interest rate by 0.25%, effective October 1st. That means those with Kwik Cash loans and/or Home Equity Lines of Credit [...]

2nd Quarter 2019 Message

Dear Members: July 1, 2019 One year ago I reported in my Chairman’s letter that the U.S. economy was booming; unemployment was at the lowest level in a century, job creation flourished, small business optimism was at a record level and wages rose perceptibly. Not much has changed in a year. In addition to those [...]

1st Quarter 2019 Message

April 1, 2019

Dear Member: Through the 1st quarter of 2019, we continue to see a robust economy and an environment of rising interest rates. Of course, with rising loan interest rates come increased dividend rates on our share saving accounts. In fact, for two quarters in a row, your Board of Directors has increased [...]