Eastend CU Recommending Amalgamation with Innovation
Eastend Credit Union and Innovation Credit Union could be joining forces, after a recommendation to amalgamate was made at Eastend Credit Union's recent Annual General Meeting.
"Our board will put together a number of information sessions and forums," said Eastend Credit Union General Manager Patrick Watkins. "We're going to seek feedback from our membership, answer any questions they may have, and bring it to a vote in either spring or early summer."
Watkins added working with Innovation is nothing new: "Eastend Credit Union has already benefitted from a number of joint strategic initiatives with Innovation Credit Union that have provided the Eastend Credit Union with a series of cost-effective services and benefits to both the Credit Union and its members."
Todd Vallee talked with Patrick Watkins about the amalgamation proposal:
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