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Glenn's 2 Cent$
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Glenn's 2 Cent$

2024 Spring Edition

Hello Synergy Credit Union Members, 

As the sun warms the earth and flowers bloom, spring brings fresh energy and vitality. At Synergy Credit Union, this season symbolizes growth, renewal, and new opportunities—a testament to our commitment to guiding you through life’s financial journey with care and support.

We recognize that change can be daunting, but rest assured, we’re here to navigate it together. One significant change many members may encounter this year is a substantial increase in mortgage rates driven by the Bank of Canada to combat rising inflation. It’s wise to engage in a conversation with your financial advisor soon, as there are unique ways for homeowners to mitigate the impact of rate hikes. Amidst these changes, our dedication to serving you remains unwavering.

As your financial partner, we not only strive to offer competitive rates and exceptional service but also encourage you to join us in giving back to the community. Just as we proudly sponsor the Saskatchewan Summer Games 2024, we believe in the power of volunteering to create a meaningful impact.

Looking ahead, we are committed to enhancing your member experience. From introducing new products and services to engaging in community outreach programs, we aim to empower you on your financial journey.

I’m thrilled to invite you to our upcoming Annual General Meeting (AGM) on April 10th. It’s an invaluable opportunity to learn about our achievements and contribute to shaping the future of our credit union.

Furthermore, I want to express my gratitude for your continued trust and loyalty. Your support fuels our passion for excellence, and we are honored to be your financial partner.

As always, please feel free to reach out to us with any questions, feedback, or suggestions. Your input is invaluable as we strive to exceed your expectations.

Glenn Stang | CEO, Synergy Credit Union

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Our CEO, Glenn Stang, is here to for you! Whether it's a query or a quick greeting, Glenn is dedicated to providing you with a swift and personalized response. Simply fill out the form, and let's start the conversation!

Member Relief Program

We have been here through good times and difficult times with our members for nearly 80 years.

We’re proud of the resiliency of our members and want to ensure they know we are here for them.

Whether it was the oil crash in the 1980s or the recessions in 2008, we have learned many things: one of which is there isn’t a cookie-cutter approach that we can take to meet our members’ diverse needs.

Recently, sustained hot weather and lack of precipitation is expected to have an impact on the bottom line of some of our agriculture members. We know this can be stressful as crops and pastureland in some areas are struggling.

We want you to know Synergy offers flexible options, including mortgage and loan payment relief, combined with tailored solutions in these circumstances.

Please contact us to discuss options, to ask us any questions, or to help you determine what may be best for you. You can give us a call at 1-866-825-3301 or 1-306-825-3301.

We're here to help.

Financial Support for Members

Extension eligibility and repayment dates have changed. If you have an existing CEBA loan with Synergy Credit Union, please check your email for further details pertaining to your loan.

Additional information can be found at Canada Emergency Business Account (CEBA).

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