May 31st

Sunrise Credit Union continues to grow as it reaches $1 billion in assets

BRANDON, MB (May 31, 2017) — Sunrise Credit Union recently announced it has reached $1 billion in assets, a significant milestone for the member-owned financial institution. Crossing this important threshold continues to allow Sunrise members to benefit from enduring community investment and improved technological advances.

 “We take great pride in knowing members trust Sunrise Credit Union as their financial partner,” said Tim Klassen, President and CEO of Sunrise. “Our strong financial position has allowed us to introduce new technology to make banking easier and more secure.  Advances like Interac Flash®, the Sunrise Lite mobile app and Deposit Anywhere® are just a few of the advances we’ve made over the past couple of years”.

Sunrise joins nine other credit unions in Manitoba that have more than $1 billion in assets, and attributes reaching this milestone to the institution’s unwavering commitment to providing exceptional member service.

“Sunrise is well known in the region, not only for meeting the personal and business financial needs of the people who live here, but also for our involvement in the communities we serve. Last year alone, Sunrise staff volunteered over 6,470 hours,” says Klassen.

Since forming in 2008, Sunrise has provided $534 million in non-real estate loans, $301 million in residential mortgages, $129 million in agriculture mortgages and over $205 million in commercial mortgages.  This ever growing book of business enables Sunrise to continuously pay it forward through investments into the communities it serves. 

Sunrise Credit Union’s success is a reflection of its commitment to being a caring community partner that strives to make a positive impact on the people they serve.  

“As Sunrise grows, so does our capacity to serve members, make financial dreams a reality, and give back to our communities,” said Klassen.

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.  Since then, in 2014 and 2017 respectively, Sandy Lake (est. 1952) and Grandview (est. 1947) Credit Unions have joined the Sunrise family.

For more information, please contact:

Terri Roulette McCartney, Marketing Manager

Sunrise Credit Union

Telephone:  204.726.3659

tmccartney@sunrisecu.mb.ca
www.sunrisecu.mb.ca

 

 

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