Members vote 92.5% in favor
PRESS RELEASE For immediate release La Salle Credit Union members vote in favor of the amalgamation with Caisse Financial Group April 8, 2015 Winnipeg, Manitoba The members of La Salle Credit Union voted 92.5% in favor of the amalgamation with Caisse Financial Group at the Special Meeting held on Tuesday, April 7th at Kingswood Golf & Country Club in La Salle, Manitoba. According to the amalgamation agreement signed by the Board of Directors of both co-operatives, the amalgamation is scheduled for October 1st, 2015. La Salle Credit Union operates a single branch in La Salle, Manitoba with more than 2,500 members and $90 million in assets. Following the amalgamation, La Salle will become Caisse Financial Group’s 27th branch location. Raymond Bisson, President of the Board of Directors of La Salle Credit Union, is very satisfied with the results of the vote, indicating that the amalgamation with Caisse Financial Group will be beneficial for the members, employees and communities of La Salle Credit Union. « Members of La Salle Credit Union will benefit from the complete suite of products and services offered by Caisse Financial Group and access to all its branches, 3 of which are located in Winnipeg. By voting in favor of this amalgamation, the members have ensured that financial services can continue to be provided in the La Salle community for many years to come.” The president of Caisse Financial Group, Réal Déquier, is also very happy to welcome La Salle back into the Caisse family, La Salle having been a Caisse at its origins back in 1953. “We are pleased to reintegrate La Salle into the Caisse branch network, thereby increasing our assets and members and providing economies of scale that will make us more efficient and more competitive in the market. We are looking forward to offering our services and our support to La Salle and its surrounding communities.” - 30 Caisse Financial Group is the only bilingual financial institution in Manitoba, with 240 employees offering financial services to over 30,000 members in 26 communities and neighborhoods across the province. With assets exceeding $1 billion, the Caisse is ranked 7th among Caisses & Credit Unions in Manitoba and 28th in Canada (excluding Québec). La Salle Credit Union is located in La Salle, Manitoba with over 2,500 members and $90 million in assets and has been serving the La Salle community and surrounding area since 1953. Source : Diane Bilodeau, vice-présidente, marketing et stratégie Caisse Groupe Financier dbilodeau@caisse.biz 204.237.8988 poste 1021
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