Assets Rise at ASECU, Loans Increase by $2M

AUSTINTOWN, Ohio – The Associated School Employees Credit Union’s website received an updated look and new features in 2023.

One new addition is a chat feature that allows visitors to the site to chat with a member service representative.

This year, ASECU will launch two website updates. One will enable people to open and fund a new account digitally, without having to come into an office. And a lending platform feature will allow people to submit loan applications, from start to finish, through the website.

“ASECU is committed to providing the best service possible for our members. This includes not only our exceptional local service, but also continuing to provide all the newest technology,” says Michael Kurish, president and CEO. “Most people today are interested in convenience. In 2024, ASECU plans to add even more features to our already robust product line to make banking with us more convenient than ever.”

Last year the Austintown-based credit union, which is celebrating 65 years in the Mahoning Valley, also saw an increase in its memberships and deposits, as well as its loan portfolio.

The ASECU started 2024 with almost $5 million in deposits growth and $2 million in loan growth, bringing its total assets to about $184 million.

The credit union continued its community outreach and support in 2023, Kurish says. In addition to its partnership with Junior Achievement, it also worked with the Northeastern Ohio Children’s Rehabilitation Center, Youngstown State University, Austintown Township Park, Mineral Ridge Sideliners and many other organizations.