Residents aren’t shy about switching financial institutions
Synergy vote comes up short
Atlantic Central follows the path of B.C.’s and Ontario’s Central 1 Credit Union
Source: The Canadian PressProposed legislation in Nova Scotia would allow credit unions in Atlantic Canada to merge under a centralized system.Finance Minister Graham Steele says amendments to the Credit Union Act will allow Credit Union Central of Nova Scotia to become Atlantic Central and acquire its counterparts in New Brunswick and Prince Edward Island.Steele says […]
Canadian credit unions contributed nearly $37.5 million to local community projects last year
Merger would present growth opportunities for new, as yet unnamed firm
Credit union mergers have become fact of life as these organizations look to expand
Designation helps advisors and their credit unions gain a greater share of wallet
National competitor to Canada’s banks not expected to emerge in the near future
A trio of Saskatchewan credit unions have announced plans to merge and create one of the biggest financial co-operatives in Canada.If approved by the memberships of Conexus, Innovation and Synergy credit unions, the newly formed entity would boast more than $6.5 billion in assets under administration and serve 194,000 members from 85 credit union branches, […]