Credit Union boards OK merger, member vote to come

Saskatchewan Credit Union boards OK merger, member vote to come

The proposed merger is said to offer some stability in strange economic times.

Credit Union boards OK merger, member vote to come

Ryan KiedrowskiLocal Journalism Initiative ReporterThe World-Spectator In November, three Credit Unions announced they were exploring the idea of a major merger. Using the vision statement ‘Together for a Thriving Saskatchewan,’ Conexus, Cornerstone, and Synergy Credit Unions began the process of joining forces to create what could be the largest credit union in the province. On […]

Credit Unions Capitalize on Consumer Trust to Boost Growth

For all financial institutions — and especially for credit unions — primary accounts are critical for the growth of the business. Primary accounts are the mainstays of banking, as they are the accounts where savings and checking activity are concentrated. The data accompanying the inflows of paychecks (in the case of individual banking clients), customer payments, and supplier payments (in the case of commercial activity) can be used by credit u…