Assiniboine, Entegra credit union boards agree to merge
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This article was published 30/06/2021 (638 days ago), so information in it may no longer be current.
The boards of Assiniboine Credit Union and Entegra Credit Union have agreed to merge.
The merged credit union will have more than 141,000 members, 525 employees, 20 branches in the province and more than $6 billion in assets.
Members will be asked to vote on the proposed merger at a special members’ meeting scheduled for Aug. 18, 2021. Entegra’s and Assiniboine’s board and management teams will be holding information sessions in the coming weeks.
Assiniboine Credit Union is the much larger of the two with more than 125,000 members, 16 branches 450 employees and $5.45 billion in assets at Dec. 31, 2020.
Entegra Credit Union has more than 16,000 members, four branches, 75 employees and $711 million in assets at Dec. 31, 2020.