Aldergrove Credit Union grows

Strong year of growth, introduces new board member, new branch at Mission

The Aldergrove Credit Union (ACU) reported a solid year of growth again this past year.

The ACU’s annual general meeting brought together over 100 members on May 9 to Bradner Hall.

At the meeting, the Credit Union reported on a strong year of financial results and introduced a new Board member.

ACU reported a strong year of growth for 2017 with asset growth of 8% from last year. This growth takes the Credit Union’s total assets under administration, including the financial planning division, to over $865 million.

ACU also shared $1.153 million with their members through its unique memberSHARE Loyalty Program and invested nearly $200,000 in their communities through the Community Giving Program.

“We have a dedicated team, who worked either directly with our members or behind the scenes, to thank for our success,” says Aldergrove Credit Union CEO Gus K. Hartl. “We believe helping people and building our communities comes first. Our culture reflects this philosophy and we’re fortunate to have a team of committed and compassionate staff who are always willing to go the extra mile to help our members.”

Hartl also announced that Aldergrove Credit Union’s service area will expand to Mission with the opening of a new branch in early 2019. The branch, which is currently under construction and will be located at Heritage Park Marketplace in Mission’s College Heights neighbourhood.

“Expanding to this new area will provide opportunities for future growth,” Hartl says.

Board Nomination Committee Chair Terry Metcalfe announced the appointment of new Director Doug Sweeting, who was elected by acclamation. Sweeting fills the position vacated by Tim Williams, who did not seek re-election earlier this year. Williams was recognized for his valuable leadership and dedicated service to the Board and to its communities.

“The Board continues to evolve as we welcome fresh eyes and ears to our table,” says Hartl. “I would like to express my gratitude to the entire Board of Directors for their guidance, dedication and commitment to building this great organization.”

About Aldergrove Credit Union

Aldergrove Credit Union is a financial service cooperative located in the heart of the Fraser Valley. ACU offers personal and commercial banking, insurance and financial planning solutions to their members and clients in the communities of Langley, Aldergrove, Abbotsford and Mission. The credit union has approximately 120 staff serving 18,000 members and operates six branches, three insurance offices, and three financial planning offices.

For more information, visit https://www.aldergrovecu.ca.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

BREAKING: Reported stabbing at Killer Cove in Harrison

Police chase ran through Agassiz, witnesses say

UPDATED: Missing teen who went to Langley mall found safe

Mother said the 17-year-old is diabetic and didn’t have his insulin

Abbotsford mom worried about her two kids in Beirut following explosion

Shelley Beyak’s children were abducted by their dad in 2018

Former high-stakes poker player from Mission missing in Nevada

Brad Booth last seen on July 13, told roommate he was going camping

RCMP charge Langley man in connection with boat collision on Cultus Lake

A 67-year-old man allegedly operated a motor boat that collided with a woman paddling a canoe

B.C. conservation officers free not-so-wily coyote

Poor pup was found with a glass jar stuck on its head in Maple Ridge

Fraser Valley Bandits clinch first round bye with win

Bandits defeat Guelph 84-70, advance to the CEBL semifinals on Saturday

B.C. doctors, dentists call on province for mandatory mask rule

Open letter says masks should be worn in indoor public spaces, public transportation or in crowds

Dwindling B.C. bamboo supply leaves Calgary Zoo biologists worried about pandas

Zoo has been trying to send pandas back to China since May

Maple Ridge firefighting camp empowers young women

Camp Ignite to take place at Justice Institute on Sunday, Aug. 9

Facebook launches its new TikTok clone, Instagram Reels

Facebook has a long tradition of cloning competitive services

B.C. Appeal Court prevents Victoria woman from using the term ‘death midwife’ in her job

Pashta MaryMoon claimed she had been providing “death-care services” for more than 40 years

‘We all have anxieties’: B.C.’s top doctor addresses return-to-school fears amid COVID-19

Dr. Bonnie Henry promises school restart plan safe for B.C. kids

Most Read