Synergy Credit Union Gives Back to the Saskatoon Community through $1 Million in Charitable Donations

Synergy Credit Union has made a massive donation of $1 million in support of worthy causes across Saskatoon and Canada. This generous contribution resulted from the recent amalgamation with the New Community Credit Union in Riversdale on January 1, 2023. It exemplifies Synergy Credit Union's dedication to improving the lives of individuals and fostering the development of the communities it serves.

The following worthy organizations have received generous donations:

1. Ukrainian Canadian Congress – Saskatchewan Chapter: $400,000

• Synergy Credit Union is proud to support the Ukrainian Canadian Congress – Saskatchewan Chapter, aiding their essential work in promoting Ukrainian culture, heritage, and community engagement.

2. Co-operative Development Fund Canada: $100,000

• Synergy's contribution to CDF Canada supports cooperative development projects worldwide, contributing to sustainable communities and empowering marginalized populations.

3. Saskatoon Food Bank & Learning Centre: $200,000

• Synergy Credit Union recognizes the crucial role played by the Saskatoon Food Bank & Learning Centre in addressing food security and education in the community.

4. Saskatoon Interval House: $125,000

• Synergy's support for Saskatoon Interval House underscores the commitment to helping survivors of domestic violence and creating a haven for women and children in need.

5. Riversdale Business Improvement District: $125,000

• Riversdale Business Improvement District's efforts to revitalize and enhance the Riversdale community align with Synergy's vision for stronger, more vibrant neighborhoods.

6. Global Gathering Place: $50,000

• Global Gathering Place reflects Synergy's dedication to fostering a welcoming and inclusive environment for newcomers to Canada.

Synergy Credit Union firmly believes in collaboration, community-building, and supporting organizations that make a difference. This $1 million donation is a testament to Synergy's ongoing commitment to enhancing the lives of individuals and families while promoting positive change at both the local and global levels.

Kindly view the video related to this project. (insert link to video)

"Synergy Credit Union is deeply rooted in the communities we serve, and our commitment to the well-being of our members extends to our broader community," said Glenn Stang, CEO of Synergy Credit Union. "We are thrilled to provide financial support to these outstanding organizations that are making a significant impact in our community and beyond."

These donations represent just one aspect of Synergy Credit Union's ongoing commitment to corporate social responsibility. Synergy continues to explore new ways to support and uplift the communities it serves.

About Synergy Credit Union

Synergy Credit Union is a member-owned financial institution serving more than 29,000 voting and non-voting members from 12 communities within west-central Saskatchewan. Synergy Credit Union is the fifth largest credit union in the province of Saskatchewan and is one of the leading credit unions in Canada, with more than $2.1 billion in assets under administration. Synergy Credit Union provides core banking services through the traditional branch network, the Canada-wide AccuLink ATM network, online banking, mobile web banking, as well as through the Member Contact Centre. More complex and advanced services, such as financial advice and analysis, are delivered by specialists who may be located at select branches or available to meet in a location of the member’s choice, by request.

Synergy operates on the lands referred to as Treaty 6 Territory, which encompasses the unceded lands of Indigenous Nations and Peoples, including the Plains Cree, Woodland Cree, Saulteaux, Nakota, Dene and Metis.

To arrange interviews contact:

Jolomi Gagar

Communications Specialist - Synergy Credit Union

Office: 306-500-6894 | Cell: 306-716-6175 | Email: Jolomi.Gagar@synergycu.ca