Prairie Pride Credit Union hosted its Annual General Meeting this week giving members the opportunity to look back on a successful 2007 and discuss some of the initiatives coming up this year.

According to General Manager Bob Wolensky, the organization saw its assets grow by 5.1% in 2007 to $57.7 million. Loans increased by 3.5% to $31.8 million, and deposits increased by 5.9% to $52.2 million. Equity, or retain earnings, at the end of December was at 8.86%.

 

2007 also saw the implementation of a more robust banking system April 1st, as well as renovations at the Alida and Gainsborough Branches.

 

Wolensky says Prairie Pride is continuing with renovations this year at the Alameda Branch, and is pleased to start the Project Pride Program in support of community-based projects, and introduce a CUSave account enabling members to save at a higher interest rate.