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SASKATOON, SK
Synergy Credit Union is excited to confirm that their recent merge with New Community Credit Union is now complete.
The merger went into effect on Jan. 1, 2023; after New Community Credit Union members voted in favor of the amalgamation with Synergy Credit Union in May 2022. New Community Credit Union is now called Synergy Credit Union - New Community Branch and is located at 321 20th St W, Saskatoon, SK S7M 0X1.
“Growth is never by accident but by working together and this amalgamation will take advantage of the strengths of both credit unions, especially as we launch new technology this year to support our service channels” Glenn Stang, CEO Synergy Credit Union.
This amalgamation establishes Synergy’s foothold in Saskatoon, Saskatchewan’s center of commerce.
“Members in Saskatoon and its environs will now be able to enjoy enhanced services in the largest commercial hub in Saskatchewan,” says Robert Hoesgen, Branch Manager, New Community branch.
Synergy Credit Union is celebrating its 80th anniversary in 2023 and this is just a wonderful way to kick-start the celebrations as per Stang.
New Community Credit Union (now Synergy Credit Union-New Community Branch) adds 2,200 voting and non-voting members with over $175 million in assets under administration to Synergy’s current member base and push Synergy’s member base well over 29,000.
Please follow the links for more information on new services offered to Synergy members in Saskatoon and across Saskatchewan. For changes and what to expect, go to quick links, and frequently asked questions.
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.