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I rise in the House today to congratulate the Eagle
River Credit Union, who celebrated their twenty-fifth
anniversary at their annual general meeting in L’Anse
au Clair this past weekend.
Mr. Speaker, this organization is a major success
story in this Province. A credit union that resulted
from desperation when the only bank in the area, the
Bank of Montreal, pulled out of L’Anse au Loup in
1984. It was a group of local volunteers who formed a
steering committee and worked with the Credit Union
Council to form what we know today as the Eagle River
Credit Union.
Mr. Speaker, since its inception, the Eagle River
Credit Union has steadily and gradually expanded to
further meet the needs of other surrounding communities.
Today, they are the second largest credit union in the
Province, having reached over $70 million in assets,
establishing six branches in the Northern Peninsula and
throughout Labrador, and serving well over 6,400
customer-owners.
As part of their mandate, over the past twenty-five
years, the Eagle River Credit Union has made a
significant contribution to the community and its people
as well with substantial corporate donations and
fundraising efforts for all charitable organizations.
Mr. Speaker, the credit union has also been
recognized for its impressive track record and has won
various awards for economic development as well as being
named Credit Union of the Year in 1999 and again in
2002.
I ask all members in the House to join with me in
congratulating the Eagle River Credit Union on their
silver anniversary and recognizing their management team
and their board of directors and wishing them every
success for the future.
Thank you, Mr. Speaker. |
