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Spruce Credit Union has Merged with Interior Savings   

Kelowna and Prince George | January 4, 2022

 
 

Interior Savings is thrilled to ring in the new year by announcing that Spruce Credit Union of Prince George is now officially part of Interior Savings Credit Union.

This milestone follows the November 24 announcement that Spruce members voted 99% in favour of merging with Interior Savings.

For the time being, it will be business as usual for former Spruce members, however the credit union will soon be rebranded to Interior Savings Credit Union.  As the two credit unions integrate operations, Spruce members will gain access to 21 additional branches across the Thompson Okanagan, better rates, and more choices of products and ways to do their banking.  And members of Interior Savings will soon have two additional branches to serve them when visiting Prince George.

“We are really excited to be joining with Interior Savings, a credit union that shares our commitment to maintaining the human connection in banking and helping to build a stronger community,” said Ken Dickson, CEO of Spruce Credit Union. “With the scale to handle increasing competition, regulation and technological advancements, Interior Savings will help us carry on our founding members’ legacy while continuing to meet the evolving needs of our members and community.”

Interior Savings’ CEO, Kathy Conway, added, “We are pleased to welcome Spruce members and employees to Interior Savings.  This merger is about bringing together the best of both our credit unions and we really look forward to becoming a part of the Prince George community.”

The combined credit union will have 23 locations across the BC interior with 77,000 members, over 500 employees and approximately $3.75 billion in total assets under administration.

For more information on the merged credit union, visit movingforwardtogether.ca


About Spruce Credit Union

With a dedication to personalized service and a commitment to preserving the human connection in banking, Spruce Credit Union has been serving the Prince George community for over 70 years. As a full-service, member-owned financial institution, Spruce Credit Union provides lending, investment and day-to-day banking solutions to approximately 7,000 members through its two branches. Learn more at www.sprucecu.bc.ca, or visit Spruce Credit Union on Facebook.


About Interior Savings

Interior Savings is a member-owned, democratically controlled credit union dedicated to creating local money while helping to build vibrant communities. Through its 21 branches, 16 insurance offices, Member Service Centre, and two Commercial Service Centres, the Credit Union offers personal and commercial banking and a full range of insurance and wealth management services to more than 70,000 members across 14 communities. In the last 16 years, Interior Savings has returned $60 million to members through its Member Rewards Program and invested over $8 million in support of community programs. Learn more at interiorsavings.com, or visit Interior Savings on Facebook or Do Some Good.


To Learn More

Email Spruce Credit Union at wayforward@sprucecu.bc.ca or email Interior Savings at wayforward@interiorsavings.com.