ASCU News

Don Roper, President and Chief Executive Officer of Advance Savings Credit Union, is pleased to announce the official amalgamation of Advance Savings Credit Union and The Rexton Credit Union effective January 2, 2009.  Both credit unions closed their respective doors on December 31st, 2008 and reopened on January 2, 2009 as Advance Savings Credit Union. 

As part of the amalgamation, Garth Lawson, formerly General Manager of The Rexton Credit Union, was appointed Vice President of Sales and Services of Advance Savings Credit Union and Janice Rice, formerly Chief Operating Officer, was appointed Vice President of Operations of the newly amalgamated Advance Savings Credit Union.

“Both Mr. Lawson and Ms. Rice have tremendous knowledge of the financial services industry and a very deep understanding of the credit union system,” says Mr. Roper. “Their leadership styles have produced outstanding results for both The Rexton Credit Union and Advance Savings Credit Union for many years.”

The newly amalgamated Advance Savings Credit Union, which has 9,500 owners, employs 55 people and has assets under administration of approximately $145 million, is dedicated to provide you with the most effective financial services and wise financial guidance to empower you to make the best decisions for your financial well being. Advance Savings Credit Union currently has seven branches serving Moncton, Petitcodiac, Port Elgin, Rexton, Riverview and Salisbury.
 
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