Northern and Copperfin credit unions take next step toward merger

  • 📰 tbnewswatch
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

The new entity would retain the Northern Credit Union name.

THUNDER BAY — Two financial institutions based in Northern Ontario have taken a key step toward a merger.

In an announcement Monday, the two credit unions said their boards of directors are recommending a unified board for the new organization that will "meaningfully represent the combined size and scope of both entities." A joint committee that's been working on the merger is also recommending Northern Credit Union as the merged entity's name.

Copperfin CEO Dennis Alvestad said: "We look forward to the upcoming member vote and the prospect of embarking on this exciting new chapter together."

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 75. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines