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Sunrise CU continues expansion

Set to merge with Minnedosa CU
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Brandon, Manitoba - Sunrise and Minnedosa Credit Unions have announced they are in discussions to merge effective July 1st, 2020.

Both Minnedosa and Sunrise Credit Unions are member-owned and community focused. It is these foundational and co-operative philosophies that bring these two like-minded organizations together.

Tim Klassen, President and CEO of Sunrise Credit Union, said, “Minnedosa and Sunrise have worked together for years now, pooling resources together to support regional initiatives. Collaborating on initiatives that bring benefit to the communities we serve throughout Southwestern Manitoba is something we routinely do as part of the cooperative movement.

“It would be a great pleasure to officially welcome Minnedosa Credit Union to the Sunrise family.”

Brad Ross, General Manager, Minnedosa Credit Union states, "To allow us to continue to serve our communities well into the future, the Board of Directors and I are confident that a merger with Sunrise Credit Union is the best way to do that.”

An information meeting will be held on October 16, 2019 at 7 p.m. at the Minnedosa Community Conference Centre, 63 Main St. N. Minnedosa, MB and members of both credit unions will have a chance to vote on the proposed merger. 

Minnedosa members can place their votes on Tuesday, November 5 at the Minnedosa Community Conference Centre, 63 Main St. N. Minnedosa, and Sunrise members can vote on Wednesday, November 6 at Sunrise Credit Union, 2305 Victoria Avenue, Brandon, MB.

The stated objective of the merger is to improve member service through an expanded geographic area, increase and improve product offerings, enhance career opportunities for employees, and drive greater operational efficiencies and cost savings through economies of scale.

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