Page 11 - 2024 Annual Report
P. 11
Independent Auditor’s Report
February 10, 2025
To the Supervisory Committee of Educational Systems Federal Credit Union
We have audited, in accordance with auditing standards generally accepted in the United
States of America the statements of financial condition of Educational Systems Federal Credit
Union as of December 31, 2024 and 2023, and the related statements of comprehensive
income (loss), members’ equity, and cash flows for the years then ended (not presented
herein); and in our report dated February 10, 2025, we expressed an unmodified opinion on
those financial statements.
In our opinion, the information set forth in the accompanying condensed financial statements
is fairly stated, in all material respects, in relation to the financial statements from which it
has been derived.
D DeeLLeeoonn && SSttaanngg
DeLeon & Stang, CPAs and Advisors
Frederick, Maryland
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