Sunrise Credit Union and Grandview Credit Union are pleased to announce they have entered into discussions and commenced due diligence activities with the intention to amalgamate during the early second quarter of 2017.

Grandview Credit Union Interim General Manager, Dale Scott said in a statement “As you can imagine, merging with another credit union is a huge decision. Business philosophies, plans for future growth and similar values brought our board to the conclusion, after much discussion with other credit unions and scenarios, that Sunrise was best suited for our members and community.”

Because a merger with Grandview Credit Union would account for less than a 10% increase in assets, the merger can be approved by the Sunrise Credit Union Board of Directors without a full membership vote.

Grandview Credit Union members, however, will have the opportunity to vote at a special meeting being held in Grandview on February 28, 2017.

“Sunrise was formed by the joining together of like-minded credit unions. Staying true to these roots, we warmly welcome Grandview Credit Union members and staff to the Sunrise family. Building a larger and stronger credit union together will result in increased opportunities for staff and should enable increased products for members,” stated Tim Klassen, President/CEO of Sunrise Credit Union.

Grandview will mark the 15th community served by Sunrise Credit Union. Grandview contributes approximately $72 million of assets to the organization bringing the amalgamated total assets close to $1 billion serving approximately 24,000 members. Both Grandview and Sunrise Credit Unions are member owned community focused organizations dedicated to providing personalized competitive financial services for the benefit of members and communities. It is these foundational and co-operative philosophies that bring these two like-minded Credit Unions together.

All Grandview and Sunrise jobs will remain safe from cuts and an expanded range of development opportunities will be available to staff due to the larger organization.

About Sunrise Credit Union

Sunrise Credit Union was formed in 2008 through the strategic merger of its five legacy Credit Unions- respectively, Virden (est. 1940), Turtle Mountain (est. 1940), Hartney (est. 1942), Tiger Hills (est. 1943) and Cypress River (est. 1960) – to provide personalized competitive financial services to benefit its members and communities. For more information, please visit sunrisecu.mb.ca.  

About Grandview Credit Union

Established in 1942, Grandview Credit Union strives to be a leader in the progression and growth of its communities with a purpose to improve members’ lives.

More Local News

RCMP Report to November 21, 2017

The following is the RCMP report to November 21, 2017. This reporting period, police responded to the following calls for service. - 3 traffic violations - 3 traffic accidents - 5 provincial statute…

Soldier Dies While Training at CFB Shilo

A reservist based out of Winnipeg died on Saturday while training at Canadian Forces Base Shilo. Cpl. Nolan Caribou with the Royal Winnipeg Rifles of the 38 Canadian Brigade Group was found dead at…

Don't Forget Your Pets When The Temperature Falls

Now that the frigid temperatures are upon us, it's important to remember that your pets may need some special care during the cold weather. Dr. Tammy Dunbar from the Portage Veterinary Hospital says…

Teleconferencing Program Helps People Living With MS

Manitobans living with multiple sclerosis have another useful resource for getting information about the disease and how to cope with its symptoms. Ada Jane Okonkwo is the Community Connections…

Conservative’s Deputy Leader Visits Westman

A high profile conservative was in Western Manitoba on Friday after being invited by Brandon-Souris MP Larry Maguire to visit the region. Ontario MP Lisa Raitt said this was her fourth visit to the…

Municipalities Working To Save EMS Stations

A reeve in Western Manitoba says municipalities are putting together a plan they hope will convince the province to maintain ems stations. This past summer the Province of Manitoba announced plans to…

4 Tips To Keep Warm, Healthy, And Safe This Winter

Winter has started to set in here in South Central Manitoba and there are ways for us to keep our health through these next few chilly months. Dr. Denis Fortier is the vice-president of medical…

ACC Raises $30,000 Through Campaign

Assiniboine Community College in Brandon has wrapped up a successful fund raising campaign. The college tapped into its alumni with its first ever 30K in 30 Days campaign. The college wanted to raise…

DiscoverWestman.com is Westman's only source for community news and information such as weather and classifieds.

Search the Biz Guide

Login