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Aldergrove Credit Union Reports Strong Financial Results and Announces New Board Members

May 13, 2019

Aldergrove, B.C. – Aldergrove Credit Union (ACU) celebrated its 65th year of service in the community at its Annual General Meeting at Bradner Hall on May 8, 2019.

 At the AGM, Aldergrove Credit Union reported a strong 2018 with total asset growth of 7.2% from last year, taking the credit union’s total assets under administration, including the financial planning division, to $930 million.

 In March 2018, ACU shared a record $1.56 million with its members through the memberSHARE Loyalty Program which was created to share profits with its members. In 2018, Aldergrove Credit Union also invested over $220,000 back to the community through donations and sponsorships, benefiting over 254 charitable organizations, community groups, students, and sports associations.

 “We are investing more of our time and dollars in the people, organizations, and events in the Fraser Valley community,” stated Aldergrove Credit Union CEO Gus K. Hartl, “this year alone our staff donated over 500 hours of their personal time to the community and we could not be more proud of the wonderful people we have inside our doors.”

 ACU announced the election of Doug Sweeting, Nate Hampson, and David Sawatzky to its Board of Directors, and said thank you to Trudi Campen and Terry Metcalfe, acknowledging the time and dedication they both have given. Further, Director Sylvia Allenby announced that she would be stepping down from the Board to make way for new directors and spend time with her family. As a result, the Board appointed Nav Bains to fill her position until the next AGM in 2020.

 “We are pleased to have Nate, David and Nav join our Board of Directors,” Said Eric Popma, Board Chair of Aldergrove Credit Union’s Board of Directors, “we are looking forward to their ideas and extensive experiences in technology, leadership, and marketing to our team.”


About Aldergrove Credit Union
Aldergrove Credit Union is a financial service cooperative located in the heart of the Fraser Valley. We proudly offer personal and commercial banking, insurance and financial planning solutions to our members and clients in the communities of Langley, Aldergrove, Abbotsford and Mission. The credit union has approximately 115 staff serving 17,500 members and operates six branches, three insurance offices, and three financial planning offices. For more information, visit www.aldergrovecu.ca.

For more information, please contact:
Emily Ingram, Marketing & Communications Manager
Aldergrove Credit Union
604 856 7012 | eingram@aldergrovecu.ca


 

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2018 Annual Report