April 21, 2021

Sunrise Credit Union held its annual general meeting virtually Tuesday night, attended by more than 180 members and staff.

The meeting included the release of the Sunrise Credit Union 2020 Annual Report, which included the audited financial statements. A Net Income of $2.4 million, Loan Growth of 10.8%, Deposit Growth of 25.2%, Total Equity of 6.48% were reported. Also, Total Assets reached $1.6 billion in 2020.

Sunrise President and CEO Tim Klassen touched on the health and economic crisis, thanking members for their continued support, patience and trust in Sunrise Credit Union. He also thanked staff for their ability to adapt and focus on members’ needs.

He reviewed some of the highlights for Sunrise Credit Union in 2020, including the $1 million commitment to Assiniboine Community College’s Prairie Innovation Centre and the $42,000 in financial support for local organizations providing essential items to those impacted by the pandemic.

In his remarks, Sunrise Credit Union Board of Director Chair Glenn Young welcomed former Minnedosa Credit Union members, who officially joined the Sunrise family on July 1, 2020. Young also saluted outgoing board members Roger Palmer and Bjarni Walterson.

Member of the Nominating Committee, Lon Cullen, welcomed Robert Sopuck and announced Doug Van Damme and Agnes Kokke re-appointed to the Board of Directors.

About Sunrise Credit Union
Sunrise Credit Union formed in 2008 and offers personalized service from 20 branches located in Baldur, Boissevain, Brandon, Cypress River, Deloraine, Grandview, Hartney, Holland, Laurier, Melita, Minnedosa, Oakburn, Reston, Sandy Lake, Shoal Lake, Ste. Rose du lac, Strathclair, Treherne, Virden, and Waskada. Sunrise Credit Union has approximately 33,000 members and about 220 employees.

For more information, please contact:
Terri Roulette McCartney
Marketing Manager
Phone:  204-851-1931 (Cell)