March 1st

Sunrise Credit Union and Grandview Merger Announcement

(March 1, 2017) Grandview Credit Union held a meeting of the members on February 28th, 2017 at the Grandview Kinsmen Community Centre where over 77% of members in attendance voted in favor of amalgamating with Sunrise Credit Union. 

333 voters turned out to cast their ballots and the amalgamation is scheduled to officially take effect on May 1, 2017.

As a combined, larger organization, it will be easier to withstand continued low interest rates and intense competition. It will also be easier to absorb the increasing cost of regulatory requirements, new technology, and the latest products and services.

The Executive Team from both organizations will be working closely together over the next several weeks to ensure a smooth transition for staff and members.  Tim Klassen will continue as President of CEO of Sunrise Credit Union Dale Scott will continue as the Interim General Manager in Grandview.

Grandview contributes approximately $72 million of assets to the organization, bringing the amalgamated assets close to $1 billion serving approximately 24,000 members.  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.

The Grandview Municipality is located in the Parkland Region of Manitoba, nestled in a picturesque valley between Duck Mountain Provincial Park and Riding Mountain National Park. The community was named for the beautiful views of both the Duck Mountains to the north and the Riding Mountains to the south.

 

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