March: A letter from the President

Estimados diputados,

As we head into spring, we have a lot to celebrate and look forward to. From a recent Member Loyalty Bonus to our auto loan special, there’s plenty of excitement at Centra with more to come throughout the year.

First, I want to take a moment to celebrate you, our Members. As you may know, we recently paid out around $1.2 million in Member Loyalty Bonuses to eligible Members’ Member Loyalty Accounts. This was made possible due to favorable conditions in 2024, with a special thanks to all of you for choosing Centra for your banking needs. This bonus reflects our strong financial performance and, more importantly, our commitment to giving back to those who make our growth possible.

Interest rates are on the move, so it’s a good time to review your savings options with Centra. Whether you choose a certificate to lock in a great rate or explore other savings products like our money market accounts, we’re here to help you make the most of your money. Feel free to meet with one of our experienced Team Members and discuss the best options tailored to your financial goals.

I’m also thrilled to announce that our location at 710 Northwest Ordinance Lane in New Albany will be relocating later this year. Our new space at 804 Hausfeldt Lane will offer better visibility and improved accessibility, ensuring an even more convenient and valuable banking experience for our Members. We’ll be sharing more updates as we move closer to the start of construction in the latter half of the year, so be sure to follow Centra on Facebook and LinkedIn @centracu for updates.

Finally, I want to thank our Members for your continued trust and Membership. To show our appreciation, we often giveback to our Members with special promotions to help you save. As a reminder, there’s still time to take advantage of our auto loan special before it ends on March 31. Whether you’re looking for a lower rate or a new (or new-to-you) vehicle, now’s the time, and our Team Members are eager to help!

Atentamente,
Rick A. Silvers
President & CEO