March 6, 2013
Thumbs up by Enderby & District Credit Union membership for merger with First West Credit Union
ENDERBY—Members of Enderby & District Credit Union (EDCU) unanimously approved a special resolution that would see their North Okanagan financial co-operative join B.C.-based First West Credit Union.
Through First West's unique partnership model, Enderby & District will retain its local brand, local leadership and community focus. Effective April 1, 2013, EDCU will be known as Enderby & District Financial, a division of First West Credit Union.
"There was a real sense of excitement and anticipation among those who attended the special general meeting last night," says Quentin Bruns, board chair of EDCU. "We're pleased that the membership has supported our vision for the future."
"The real work begins now," shares EDCU General Manager Ted Morrison. "It's the day after and we're already planning how we can begin offering some great new products and services to the North Okanagan and Shuswap. We're working hard to introduce the Simply Free Account and business owners are already asking about the new Unlimited Chequing for Business account we will be able to offer very soon."
For First West, the merger marks a special milestone as well. "Having a third partner join the First West family just goes to prove again that British Columbians and Canadians love our locally-focussed credit union," says Launi Skinner, First West's CEO. "Over the past three years, we've seen how our model helps credit unions stay local, but tap into all the great benefits that come with being part of a larger organization like innovative products, increased purchasing power or higher lending opportunities."
"We're proud to be part of an organization dedicated to reinventing the way credit unions partner in Canada," says Morrison. "There are exciting days ahead for Enderby & District."