January 9, 2011
I got a Carpathia mini magazine yesterday (for the first time). In it, they announce an upcoming merger with Access Credit Union, said to be Manitoba's largest. They indicated they will inform more details later, and plan to seek membership approval in December.
Rates on HISA and TFSA haven't moved, with 2.6% in TFSA and 1.01% on HISA still? The reverse is true with 1, 2 and 4 year GICs, where TFSA rates are lower than outside TFSA? They are well down the GIC list competitively, except for 4 and 5 year terms.
The badness of a movie is directly proportional to the number of
helicopters in it.
January 12, 2019
October 27, 2013
Per 2Q2022 https://ccua.com/app/uploads/2022/09/top100-2Q22-20-Sep-22.pdf it is not illogical any one lower than the top 50 CUs in assets might be looking to hook up with a bigger CU for economies of scale. Per the link, within the top 100
Regional representation on the list is as follows: B.C., 26; Alberta, 8; Saskatchewan, 12; Manitoba, 16; Ontario, 30; New Brunswick, 3; Nova Scotia, 2; P.E.I, 1 and Newfoundland, 2
little old MB relative to other provinces still has a lot of CUs per capita (ignoring the 112 little ones below the top 100 that have less than 5% of total CU assets).
April 6, 2013
Access CU and Carpathia CU are in merger discussions. No agreement has been reached yet.
According to their timeline, the business case for the proposed merger won't be ready until October 18.