It is with great pleasure that we announce that The Energy Credit Union Limited (TECU) has acquired the assets of Southlake Regional Health Centre Employees’ Credit Union Limited (Southlake CU). On May 3rd, 2012, the members of Southlake CU overwhelmingly voted in favour of the merger at a special members meeting. Effective June 1st 2012, we will be open to serve you at our new branch located at 596 Davis Drive on the 5th floor of the Medical Arts Building in Newmarket. Our new Southlake CU branch is a cashless location, however, deposits and withdrawals can still be made at both TECU ATMs, as well as over 2,300 surcharge-free ATMS across Canada which display THE EXCHANGE® Network logo. Please click on the ATM Location Link on our website for ATMs located in your area.
“We are very excited by the opportunities that the merger with Southlake CU will bring” said Joseph Bonello, President and Chair of the TECU’S Board of Directors and Chair of the Mergers & Acquisitions committee. “This is a huge win for both our members and employees, and will provide exciting new and expanded financial choices for our new members at Southlake CU while maintaining our credit union’s personal commitment to Trust, Loyalty and Compassion.”
“This is our second successful merger opportunity and we are very excited about our combined future” said Diane Kocet, President and CEO of TECU. “Together, we are uniquely positioned to provide you with even greater financial stability and the ability to explore opportunities with additional value in new areas. The depth of our resources and the breadth of our reach are now stronger and we take great pride in our reputation as a company who proactively seeks to make a positive difference in the lives of our members and our communities.”
Southlake CU serves the employees of Southlake Regional Health Centre in Newmarket, which has been proudly serving its community by offering a variety of medical services for over 85 years.
