Business

Aldergrove Credit Union expands footprint in Abbotsford

From left, Terry Metcalfe, Aldergrove Credit Union Board Chair; Dr. Brian Wiebe, building owner; Diane Delves, Quantum Properties (developer); City of Abbotsford Mayor Bruce Banman; Gus K. Hartl, Aldergrove Credit Union CEO. - Submitted photo
From left, Terry Metcalfe, Aldergrove Credit Union Board Chair; Dr. Brian Wiebe, building owner; Diane Delves, Quantum Properties (developer); City of Abbotsford Mayor Bruce Banman; Gus K. Hartl, Aldergrove Credit Union CEO.
— image credit: Submitted photo

After careful consideration, Aldergrove Credit Union has made the decision to open a new branch in east Abbotsford.

The additional branch in this area allows the organization to fully serve the Abbotsford market, expanding their footprint in the Fraser Valley.

“The desire to open a sixth location for our organization has been an area of consideration for a few years,” says Aldergrove Credit Union CEO Gus K. Hartl.

“We gave much thought to the location as well as the Abbotsford marketplace as a whole. We are confident and strongly believe this is the right decision for us as an organization.”

The new building is under construction by local developer Quantum Properties, at the corner of Gladys and Essendene in downtown Abbotsford.

The financial institution will occupy the entire first floor, offering a full range of financial services including banking, insurance, commercial and financial planning. The location will also feature an easy access, walk-up ATM.

“As a developer I am always thrilled to secure a prominent company to occupy space,” says Diane Delves, President and CEO of Quantum Properties.

“However, as an east Abbotsford resident and business owner, I am very excited about the incredible convenience of having Aldergrove Credit Union in this location. I have been an Aldergrove Credit Union member for many years and I look forward to banking at this great new branch.”

“The board of directors and management teams at Aldergrove Credit Union are excited about this new chapter for our organization. Watching the beautiful new building come to life in downtown Abbotsford will be a real pleasure,” says Hartl.

No firm date has been set for completion, but the credit union anticipates a grand opening in the first half of 2013.

Aldergrove Financial Group is a community-based credit union, offering banking, commercial, insurance and investment solutions. Located in the heart of the Fraser Valley, the organization has served the communities of Langley, Aldergrove, Abbotsford and Mission since 1954. The organization has over $500 million in assets, 130 staff and approximately 19,000 members and operates five branches, four insurance offices, and a financial planning office. For more information, visit www.aldergrovecu.ca

Quantum Properties, an Abbotsford-based company, has been developing properties and constructing multi-family residential and commercial buildings since 2000. The Quantum Properties Group of Companies includes Quantum Realty and Quantum Properties Construction.

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