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March 27, 2024, Manitoba — The Board of Directors of Access Credit Union announced a $13.5 million cash return via their Member Rewards profit-sharing program to their members.
The Member Rewards program is the credit union’s way of showing appreciation to its members for their continued relationships and patronage. Because Access Credit Union is a cooperative, members are true owners of the organization and are eligible to share in the annual profits. After satisfying requirements for equity reserves, the Board of Directors may set aside a portion of earnings for members who have borrowed and saved at the credit union. The amount a member receives is based on interest earned on non-registered deposits and interest paid on lending products.
“Thank you to our members for your continued support during another year of growth for Access Credit Union,” shared Curt Letkeman, Board Chair. “We are committed to serving the membership in the best way possible and we want to be where you need us to be.”
“We are very pleased to share our success with our members through this year’s Member Rewards payout,” says Larry Davey, President and CEO of Access Credit Union. “Strong growth in our business, coupled with continued investments in innovative solutions and partnerships, enabled us to achieve strong financial results in 2023.”
For more information about Access Credit Union’s Member Rewards program, please visit accesscu.ca/rewards.
About Access Credit Union
As the largest credit union in Manitoba, Access Credit Union is committed to being innovative and strong in its financials, values, people, and communities. With over $12.3 billion in assets, serving over 203,000 members, and branches spread across Manitoba, Access Credit Union continues to be a financial institution that puts its members first. For more information about Access Credit Union, visit accesscu.ca.
Media Contact:
Adam Monteith
Chief Marketing Officer
204.332.2362
Dawn Borges
VP, Marketing and Communications
204.781.6163