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Key Takeaways from Securityplus Federal Credit Union’s 2026 Annual Meeting
Written by
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Securityplus FCU
On April 14, 2026, Securityplus Federal Credit Union welcomed volunteers, members, employees, and community partners to its Annual Meeting, a moment to reflect on progress, share transparency, and set the tone for the future.
More than just a yearly update, this meeting reinforced something deeper: our commitment to empowering people with financial security and strengthening the communities we serve.
From strong financial performance to meaningful member experience improvements, the message was clear—Securityplus is building momentum, and the future is bright.
At the heart of the meeting was a simple but powerful truth: Securityplus exists because of its members.
As Board Chair Barbara Cuffie shared in her opening remarks, the Annual Meeting is a chance to see “our membership in action” and reflect on the shared journey toward financial empowerment.
That member-first philosophy continues to shape every decision—from product innovation to service enhancements to community engagement.
Despite navigating a challenging and evolving economic environment, Securityplus delivered strong financial results in 2025—a testament to disciplined execution and strategic leadership.
Some of the key highlights included:
Perhaps most importantly, Securityplus returned $6.5 million in dividends to members, reinforcing its commitment to delivering real value—not just profits.
That’s what makes a credit union different: success is shared.
2025 marked a meaningful turnaround in several key areas:
These aren’t just numbers—they represent more people choosing Securityplus, more trust being built, and more opportunities created for members to achieve financial stability.
While financial performance matters, what truly stood out was the continued investment in member experience.
Over the past year, Securityplus introduced several improvements designed to make banking simpler, faster, and more convenient:
These changes reflect a deeper strategy: remove friction, add value, and exceed expectations.
As highlighted during the meeting, these enhancements have already resulted in higher member satisfaction and stronger service outcomes.
Looking ahead, Securityplus isn’t slowing down.
One of the most exciting announcements from the meeting was the upcoming new branch location set to open in late 2026—a major step toward expanding access and reaching more communities.
This expansion represents more than growth—it’s about being present where people need us most.
At the same time, the organization is continuing to:
All with one goal in mind: making banking easier and more meaningful for every member.
Behind every achievement is a team—and at Securityplus, that team is guided by a strong cultural foundation.
The credit union continues to operate with its core CARES values:
These values aren’t just words, they show up in how teams work together, how members are served, and how the organization shows up in the community.
One of the most consistent themes throughout the Annual Meeting was community impact.
Securityplus isn’t just focused on financial growth—it’s focused on people, purpose, and progress.
Whether through:
…the organization continues to invest in building stronger, more resilient communities.
Because financial wellness doesn’t exist in isolation—it’s deeply connected to access, education, and opportunity.
The meeting also highlighted the strength of Securityplus’ leadership team, led by Chief Executive Officer Mike Barr, alongside a group of experienced executives focused on strategy, lending, risk, finance, technology, and community impact.
Together, they are driving a clear strategic vision centered on three priorities:
This alignment ensures that growth isn’t just happening—it’s happening with intention.
So what does all of this mean for you as a member?
It means:
And most importantly, it means being part of something bigger.
If there’s one takeaway from the 2026 Annual Meeting, it’s this:
Securityplus is not just growing—it’s evolving.
With strong financial performance, a renewed focus on member experience, and a deep commitment to community impact, the credit union is positioned for continued success in 2026 and beyond.
But none of this happens without its members.
As emphasized throughout the meeting, your trust, engagement, and support are the foundation of everything Securityplus does.
The Annual Meeting wasn’t just a recap of the past year—it was a clear signal of where Securityplus is headed.
A future defined by:
Because at Securityplus, it’s not just about banking.
It’s about building a stronger financial future, together.
More than just a yearly update, this meeting reinforced something deeper: our commitment to empowering people with financial security and strengthening the communities we serve.
From strong financial performance to meaningful member experience improvements, the message was clear—Securityplus is building momentum, and the future is bright.
A Member-Driven Mission That Guides Everything
At the heart of the meeting was a simple but powerful truth: Securityplus exists because of its members.
As Board Chair Barbara Cuffie shared in her opening remarks, the Annual Meeting is a chance to see “our membership in action” and reflect on the shared journey toward financial empowerment.
That member-first philosophy continues to shape every decision—from product innovation to service enhancements to community engagement.
Strong Financial Performance in a Complex Economy
Despite navigating a challenging and evolving economic environment, Securityplus delivered strong financial results in 2025—a testament to disciplined execution and strategic leadership.
Some of the key highlights included:
- $580.6 million in total assets, reflecting continued growth
- $502.5 million in deposits, up approximately 5%
- $434 million in loans, driven by strong lending strategies
- $2.5 million in net income, maintaining financial stability
- 10.57% net worth ratio, demonstrating a well-capitalized institution
Perhaps most importantly, Securityplus returned $6.5 million in dividends to members, reinforcing its commitment to delivering real value—not just profits.
That’s what makes a credit union different: success is shared.
Growth, Momentum, and a Comeback Year
2025 marked a meaningful turnaround in several key areas:
- Membership growth rebounded to 2.43%
- Share growth increased to 4.97%
- Loan growth surged to 11.02%
These aren’t just numbers—they represent more people choosing Securityplus, more trust being built, and more opportunities created for members to achieve financial stability.
Investing in a Better Member Experience
While financial performance matters, what truly stood out was the continued investment in member experience.
Over the past year, Securityplus introduced several improvements designed to make banking simpler, faster, and more convenient:
- Instant debit card issuance in branches
- New coin machines for added convenience
- A fully enhanced call center experience
- Reduced wait times and improved first-contact resolution
These changes reflect a deeper strategy: remove friction, add value, and exceed expectations.
As highlighted during the meeting, these enhancements have already resulted in higher member satisfaction and stronger service outcomes.
Innovation and Expansion on the Horizon
Looking ahead, Securityplus isn’t slowing down.
One of the most exciting announcements from the meeting was the upcoming new branch location set to open in late 2026—a major step toward expanding access and reaching more communities.
This expansion represents more than growth—it’s about being present where people need us most.
At the same time, the organization is continuing to:
- Embrace emerging technologies
- Expand product offerings
- Enhance digital and in-branch experiences
All with one goal in mind: making banking easier and more meaningful for every member.
A Culture Built on CARES Values
Behind every achievement is a team—and at Securityplus, that team is guided by a strong cultural foundation.
The credit union continues to operate with its core CARES values:
- Collaboration
- Agility
- Respect
- Excellence
- Spirit
These values aren’t just words, they show up in how teams work together, how members are served, and how the organization shows up in the community.
Community Impact at the Core
One of the most consistent themes throughout the Annual Meeting was community impact.
Securityplus isn’t just focused on financial growth—it’s focused on people, purpose, and progress.
Whether through:
- Financial education initiatives
- Community partnerships
- Volunteer efforts
- Local engagement programs
…the organization continues to invest in building stronger, more resilient communities.
Because financial wellness doesn’t exist in isolation—it’s deeply connected to access, education, and opportunity.
Leadership Driving the Future
The meeting also highlighted the strength of Securityplus’ leadership team, led by Chief Executive Officer Mike Barr, alongside a group of experienced executives focused on strategy, lending, risk, finance, technology, and community impact.
Together, they are driving a clear strategic vision centered on three priorities:
- Simplifying member experiences
- Engaging people and communities
- Exceeding member expectations
This alignment ensures that growth isn’t just happening—it’s happening with intention.
What This Means for Members
So what does all of this mean for you as a member?
It means:
- More convenient and seamless banking experiences
- Continued access to competitive products and services
- A financially strong and stable institution you can trust
- A credit union that reinvests in you and your community
And most importantly, it means being part of something bigger.
Looking Ahead: A Stronger Future Together
If there’s one takeaway from the 2026 Annual Meeting, it’s this:
Securityplus is not just growing—it’s evolving.
With strong financial performance, a renewed focus on member experience, and a deep commitment to community impact, the credit union is positioned for continued success in 2026 and beyond.
But none of this happens without its members.
As emphasized throughout the meeting, your trust, engagement, and support are the foundation of everything Securityplus does.
Final Thought
The Annual Meeting wasn’t just a recap of the past year—it was a clear signal of where Securityplus is headed.
A future defined by:
- Innovation
- Inclusion
- Growth
- And unwavering commitment to members
Because at Securityplus, it’s not just about banking.
It’s about building a stronger financial future, together.
