b'PRESIDENT/CEOS REPORTAloha, As 2024 draws to a close, we reect on our progress and look ahead to new possibilities. Looking back on the past year, we have built a model for economic growth that honors theneedsofourcommunity,designingacooperativespacethatunitesourcredit union with the community to create a resilient, thriving local economy. We now offer services at three branches: Lihue, Kilauea, and Kapaa, which we can be proud of.The past year has been one of investing in the future of our credit union: renovating the Kalukalu space, opening a pop-up branch within, designing the next phase of con-struction (upstairs and down), and engaging with community partners who share our aspirations for community-led economic growth. Were excited to see our Kapaa space come to life, creating more opportunities for partnerships and collaboration. I thank our team and partners for their deeply felt work.I thank Monica Belz for her strong vision and leadership. I thank the Board for entrusting me to continue the work of my predecessors.Finally, I thank you, our members, for allowing us to demonstrate, through trust and action, that a small credit union can have a considerable impact.The revitalization and growth of our credit union is rooted in an intention to serve the community that began nearly 78 years ago; now grounded in the name Kalukalu at 1624.Kalukalu at 1624 is more than just a nameits a place where our credit union connects local people with local solutions. We offer mission-focused nancial services. We create a space where like-minded partners can co-create and innovate. We foster an environ-ment where positive economic change can happen. In September, we gathered with staff, leadership, and our Board to reect on what it means to be a credit union of Kauai, for Kauai,serving those who build, teach, protect, and care for our island.It means investing courageously where it matters the mostin the families, entrepreneurs, and small businesses at the heart of our community. Thank you for putting your money where your heart is. Every single deposit, no matter how humble, is an investment in a better future, ensuring no one is left behind. Mahalo,Sean Kaley'