Close up of one hundred dollar bill showing Benjamin Franklin

Financial Performance

A Strong Financial Partner

GreenStone has an ongoing history of sound financial performance. As an $8.8 billion member-owned cooperative, it is vital we remain in a strong financial position to serve our members in good and challenging times. Our long standing financial position allows us to provide customers with competitively priced loan products and related financial services.

  

Some recent highlights from our latest quarterly stockholder report include: 

  • Operating expenses remained well controlled with an efficiency ratio of 35.6 percent.
  • Acceptable loan credit quality remained very manageable at 93.4 percent.
  • Total members’ equity increased $60.8 million from December 31, 2017 to $1.6 billion.
Net Income 2019
Members Equity 2019
Loan volume 2019
As a cooperative, we are owned by the customers we serve, so we inherently work in their collective best interest. 

Dave Armstrong, Greenstone CEO & President

GreenStone Annual Reports

GreenStone Quarterly Reports

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COVID-19 Notice: Serving Members Remotely!

We are committed to providing a clear path of service and financial programs to support our customers. While our buildings are closed, we remain open for business. We encourage you find all COVID-19 updates by clicking here, and embrace alternative options to do business with GreenStone.