Jun 05, 2024

Cinfed hosted its 90th annual meeting on June 4 at the newly opened Colerain branch and announced the 2024 recipients of the Louis M. Brown Memorial Scholarship program.

Six local students received awards of $2,500 each for the 2024-2025 academic year:

  • Madison Armstrong – University of Cincinnati
  • Kylee Bruch – Northern Kentucky University
  • Chelsea Carroll – Cincinnati State Community College
  • Benjamin Lorson – Northern Kentucky University
  • Tyliah Marshall – Mount St. Joseph University
  • Jasmine Wilson – University of Cincinnati Clermont

2023 Financial Results

CEO Jay Sigler reported the 2023 financial results: assets grew to $730 million, the highest in Cinfed’s history, and net income for 2023 was $6.6 million, another strong figure that surpassed budget expectations.

Three individuals will return to the Board of Directors to serve three-year terms:

  • Noreene Morgan
  • Susan Kerrick
  • John Woeste