Credit union raises $200 million
Exchange Network expands
HEPCOE Credit Union and Niagara Credit Union announced today that directors at both firms have signed an amalgamation agreement. The merger, if approved by regulators and credit union members, will create the largest credit union in Ontario.The new credit union will launch next spring with over 40 branches across south- central Ontario including the Niagara […]
Bogach jumps from Metro Credit Union
Grants broader scope to credit unions
Credit Union Central of British Columbia has decided not to proceed further with discussions with Credit Union Central of Ontario respecting the merger of their wholesale financial services businesses. The discussions have been suspended due to legislative delays in both provinces and at the federal level.The two organizations announced their intention to explore the merger […]
Gains $2.2 billion in deposits
New owner to invest $170 million
People Before Profits is the new slogan for the Savings and Credit Unions of British Columbia. Two new 30-second TV commercials, created by Wasserman & Partners Advertising Inc, Vancouver, capture the People Before Profits theme. The first spot, a kaleidoscope of weddings with a twist, will be aired across the province on January 13.“This campaign […]
More than $8 billion