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The Minnedosa

Since 1883
Volume 137 Issue 29 Friday, September 27, 2019 www.minnedosatribune.com 90 cents plus tax

Minnedosa and Sunrise

Credit Unions Announce
Another Clanwilliam
Intention to Merge
SUBMITTED
House Lost To Flames
S unrise and Minnedosa Credit Unions are currently
in discussions to merge operations, effective July 1st,
2020.
The primary 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 opera-
tional efficiencies and cost savings through economies of
scale.
“As a small, but strong credit union, Minnedosa has
always done its due diligence by executing sound busi-
ness plans and strategies designed to serve our members,
employees and community,” stated Brad Ross, Minnedo-
sa Credit Union General Manager. “To allow us to con-
tinue 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.”
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.
“Minnedosa and Sunrise have worked together for
years now, pooling resources together to support re-
gional initiatives. Collaborating on initiatives that bring
benefit to the communities we serve throughout South-
western Manitoba is something we routinely do as part of
the cooperative movement,” said Tim Klassen, President
Photos by Darryl Holyk
and CEO of Sunrise Credit Union. “It would be a great
pleasure to officially welcome Minnedosa Credit Union
to the Sunrise family.” By DARRYL HOLYK
An information meeting will be held on the evening
of October 16th at the Minnedosa Community Confer-
ence Centre and members of both credit unions will have
a chance to vote on the proposed merger. Minnedosa
A n early morning fire
destroyed another
home in the village of
members can place their votes on Tuesday, November Clanwilliam last week-
5th and Sunrise members can vote on Wednesday, No- end. This fire occurred just
vember 6th. Watch for more details of this meeting and three months after another
process in upcoming editions of The Tribune. home in that community
Minnedosa Credit Union Limited received its Char- was lost to flames.
ter on July 21st, 1947 with its first office being in the The Minnedosa Fire
boardroom of the Co-op Store until 1956. At the end of Department was dis-
2018, Minnedosa Credit Union had $135 million in assets patched to a structure fire
and 21 employees. at 5:30 a.m. on Saturday,
Sunrise Credit Union was formed in 2008 through the September 21st. When
strategic merger of its five legacy Credit Unions- respec- fire fighters arrived at the
tively, Virden (est. 1940), Turtle Mountain (est. 1940), property, located at the
Hartney (est. 1942), Tiger Hills (est. 1943) and Cypress corner of 2nd Street and wood framed dwelling. The house, which was At press time, the
River (est. 1960). 27,000 Sunrise members receive per- Railway Avenue, the at- Members of the fire de- a complete loss, was unoc- cause of the fire, which
sonalized service from branches in Baldur, Boissevain, tached two-car garage at partment extinguished the cupied at the time of the originated in the garage,
Brandon, Cypress River, Deloraine, Grandview, Hartney, the north end of the home flames and remained on fire, however, some of the was unknown. The Office
Holland, Laurier, Melita, Oakburn, Reston, Sandy Lake, was fully engulfed and had scene until approximately recent occupants belong- of the Fire Commissioner
Shoal Lake, Ste. Rose du Lac, Strathclair, Treherne, Vird- spread to the older, one- 1 p.m. to ensure there were ings were still at the prop- has been on scene and
en, Waskada. At the end of 2018, Sunrise Credit Union and-three quarters storey no flare ups. erty. continues to investigate.
had $1.2 billion in assets and 170 employees.