Associated Credit Union Adds Digital Solutions

YOUNGSTOWN, Ohio – The Associated School Employees Credit Union added digital services while witnessing solid returns in asset growth rates last year, says its president and CEO, Michael Kurish.

ASECU experienced a 6% asset growth rate in 2021 and added nearly $10 million to its portfolio by the end of the year, according to Kurish. It begins 2022 with $172 million in assets and more than 14,000 members. 

The credit union expanded its online and mobile presence through a new online banking service and mobile app, he continues.  The free mobile app includes features such as mobile check deposit, person-to-person payments, external transfers and access to bill pay.  

“ASECU digital solutions allows members to have access and conduct most of their financial needs remotely at any time,” Kurish says. “Since the start of the pandemic, ASECU has seen more members embrace these digital platforms.”

In 2022, ASECU plans to add additional features while maintaining customer privacy and security, he says.

ASECU is among the few locally owned and operated financial institutions in the Mahoning Valley, he says, and is celebrating 63 years of providing financial services to Mahoning, Trumbull and Columbiana counties. 

The credit union has operations in Austintown, Boardman, Lordstown, Newton Falls, and on the campus of Youngstown State University. It employs 30.

The credit union continues to partner with organizations such as Junior Achievement of Mahoning Valley to sponsor Financial Starting Points – a program designed to teach high school students financial literacy.

ASECU was honored to sponsor Oh Wow! Silly Science Sunday and participated in other partnerships. Among them were Austintown Township Park, YSU football, Austintown community baseball and South Range softball.

Copyright 2022 The Business Journal, Youngstown, Ohio.