Two like-minded credit unions are teaming up to better serve their  members, employees and communities. CCEC and CSCU are formalizing plans to join together, after the proposed merger received overwhelming support from CCEC membership at the SGM held on August 16th, 2022. Click here to read the press release.  For more information visit our website.  Marty Frost, CCEC Board Co-Chair says,  “Our strong history of serving community activists, local co-ops and not-for-profits will continue with Community Savings, and together as a combined credit union we will continue to provide financial services where mainstream banks fall short.”  The merger is set to take effect on October 1st, 2022.

The Superintendent of Financial Institutions provided consent to the proposed Asset Transfer Agreement (ATA) between Community Savings Credit Union and CCEC Credit Union.

The CCEC Board of Directors is asking for members’ approval of the merger by way of a vote on the special resolution at the SGM:

                  Date: August 16th, 2022
                  Time: 7:00pm - 8:30pm
                  Via the Zoom platform

Members please RSVP by sending an email to Joanne at jmackinnon@ccec.bc.ca, or phone 604.254.4100 ext 227 to receive the link to the SGM. Information on the merger is available in this newsletter, in the branch and on our website at www.ccec.bc.ca.

Click here for more information and to read our newsletter.