Beautiful Plains Credit Union members approve amalgamation
August 14, 2019 (Neepawa, MB) — At a special membership meeting Wednesday evening, members of Beautiful Plains Credit Union voted overwhelmingly in support of a board proposal to amalgamate with Stride Credit Union.
“We’re happy for our members,” said board president Ron Jesson. “We believed that we put forth a proposal that benefits our members, employees, and communities — and tonight our members validated that belief.”
Following the vote, general manager Gord Sylvester thanked his board for their efforts in working with the Stride board on the proposal. He also thanked his staff “for helping members navigate the process and getting answers to questions that allowed them to make an informed decision.”
Members of Stride Credit Union will vote on the proposal on Thursday. If that vote also gets the approval of two-thirds of members in attendance, the amalgamation would create a credit union with $720 million in assets and 19,200 members, with branches in Austin, Gladstone, Glenella, MacGregor, Neepawa, Oakville, Plumas and Portage la Prairie.
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Media Contact: Brent Budz, CEO, Stride Credit Union (204) 385-6171
Gord Sylvester, GM, Beautiful Plains Credit Union (204) 476-7800