Business & Professional
New manager at Holiday Station Store
NEW ULM — The Willkommen Committee of the New Ulm Area Chamber of Commerce stopped by the recently remodeled Holiday Station Store at 1201 Westridge Rd. to meet the new manager and see the remodeling changes to the store.
Renee Asche is from Willmar where she worked for petroleum companies for the past 20 years. She moved to Lafayette when she accepted the position at this store, and says she is loving how busy and fun the store is.
The remodel included expanding the store and adding new food and coffee options. Holiday Station Stores are owned by Coborn’s/Cash Wise and the new More Rewards grocery program, which gives discounts on gas, has been very popular.
Renee says they also accept competitor coupons. Holiday is open from 6 a.m. to 11 p.m. seven days a week.
SouthPoint holds 81st annual meeting
NEW ULM — SouthPoint Financial Credit Union held its 81st annual meeting at the Best Western Plus in New Ulm on Tuesday, April 18.
Board Chairperson Gordon Osmonson presented the report of directors and the report of the Supervisory Committee. The Supervisory Committee found that SouthPoint is conducting its affairs in a fiscally safe manner.
CEO Richard Nesvold reviewed the financial data for year-end Dec. 31, 2016, and growth data on membership, assets, loans and deposits. A new area of growth for 2016 was found through the indirect lending channel, which accounted for 23 percent of new members throughout the year.
Nesvold also discussed the expansion of SouthPoint’s branch locations, including the newest branch in North Mankato and the next branch set to open in Hutchinson in the fall of 2017.
Nesvold also thanked the membership for their recent contributions to the Chain of Hearts campaign that ran in each branch.