Owners really do win at Mountain View Credit Union. The credit union was named Alberta Credit Union of the Year at Credit Union Central Alberta Limited’s Annual General Meeting, held last Thursday evening, April 11, in Calgary.
Graham Wetter, President & CEO of Credit Union Central Alberta Ltd., recognized Mountain View Credit Union for their achievements in 2012, particularly:
•Financial Performance: Mountain View Credit Union posted a net income (before taxes and patronage rebates) of over $3.2 million for the 2012 fiscal year;
•Credit Union system leadership: Bob Marshall, Mountain View Credit Union President and CEO, has played an integral role in an initiative to review debit and credit card payment options for credit unions throughout Alberta, Saskatchewan and Manitoba;
• Innovative collaborative efforts, through the creation of a InStride Resources Ltd, a cooperative shared-resource business solution established with 1st Choice Savings, Lakeland Credit Union and Mountain View Credit Union;
• Winning two Achievement in Marketing Excellence Awards from the national Marketing Association for Credit Unions (MACU) organization.
“We were surprised by this honour,” said Bob Marshall, Mountain View Credit Union President and CEO. “The credit union system is strong in Alberta, and to be recognized by our peers for our 2012 performance, strengths and system leadership is a significant achievement. Our employees can all feel proud that they have contributed to this win, and feel confident that by focusing on the rewards and benefits that are of value to our owners, we are building a successful organization.”
Mountain View also won for best ROA (Return on Asset) Growth for our Peer Group, for 2012 over 2011 results.
Mountain View Credit Union is a member-owned, community-based financial institution with 12 branches incldung Delia, Carbon and Morrin, and assets of $560 million. Mountain View serves over 17,000 personal, business and agriculture members in 12 communities. The credit union opened its first branch in Cremona in 1943 and now employs 110 people throughout Central Alberta.