Aldergrove Credit Union’s CEO, Gus Hartl, is pictured with Mayor Jack Froese as they unveiled the ACUCC’s official logo.

Aldergrove Credit Union gave back $1.56-million to members in 2018

Through loyalty program created in 2016, enhanced in 2018

Aldergrove Credit Union (ACU) announced its memberSHARE loyalty program paid their highest amount in 2018 – $1.56-million – to members with the credit union from December 31, 2017 and onward.

The program, which was first established in 2016 by the credit union’s board members who are also clients, sought to increase the number of fiscal rebates for its members.

“This year’s payout is the biggest in memberSHARE’s history — and as a financial services cooperative, we consider it a great success when the amount we share with our members continues to grow year after year,” said Gus K. Hartl, CEO of the credit union.

In 2017, the credit union paid $1-million to its members through the program. They added enhancements, in 2018, to effectively increase the amout of patronage, dividends and rebates members would receive at the end of 2018.

Through ACU’s memberSHARE loyalty program, members earn money through bundling their everyday banking needs such as chequing and savings accounts, lines of credit, mortgages, personal loans and term deposits.

Cash rewards can also be earned through rebates on mortgage and loan interest, bonuses on deposit interest and dividend payments on equity shares.

“It’s a win-win. We created the one-of-a-kind program to reward members for their loyalty, and now we’re growing as a result of the program. As long as the credit union continues to grow, members can count on us to continue to reward more with more for years to come,” said Hartl.

The money is made acessible right away for members to spend.

READ MORE: Aldergrove rec centre nears completion

Aldergrove Credit Union has a long history of giving back to members and to the communities they serve.

Over the past ten years, ACU has given nearly $14 million through profit sharing, charitable donations, sponsorships and community development projects which include the newly unveiled Aldergrove Credit Union Community Centre (ACUCC).

The financial institution has made an initial contribution of $250,000 to the ACUCC for its first five-year operating period.

Just Posted

Janda Group revises old Aldergrove mall redevelopment plans

Aldergrove Town Centre is long overdue, residents say

VIDEO: Cops for Cancer “Tour de Valley” sees 26 riders depart on 800 km cycle

Annual Canadian Cancer Society fundraiser celebrates 20 years as riders trek to Boston Bar and back

Sip ‘n’ Dip returns again for adults only at Aldergrove water park

It is the third event of its kind in partnership with Trading Post Brewery

Cloverdale-Langley City candidate attended event with blackface characters

The controversial “Black Peter” character has been a feature at Sinterklaas celebrations

VIDEO: World Lacrosse Men’s Indoor Championship begins in Langley

Opening ceremony marks start of fifth edition of the championship, which is held every four years.

VIDEO: Trudeau asks Canada to look to current, not past, actions on race

Liberal leader says he never spoke about the racist photo because he was embarrassed

B.C. Liberal leader says private sector development will help housing affordability

Andrew Wilkenson spoke in Kelowna during a real estate conference

Legislature gifts, clothing, travel need better control, B.C. auditor says

Audit follows suspensions of managers by Speaker Darryl Plecas

‘Really disturbing:’ Trudeau’s racist photos worry B.C. First Nation chief

Wet’suwet’en Chief concerned the photos will sow fear in Indigenous communities

Murder charges laid after body pulled from Fraser River ID’ed as missing man

Accused also face one count each of attempted murder in connection with Rudy Johnson Bridge incident

Unionized workers launch ‘open-ended strike’ at three Vancouver hotels

Workers at Hyatt Regency, Westin Bayshore and Pinnacle Harbourfront walked out

B.C. salmon farm inspection deal reached with Indigenous people

Monitoring to determine if any Broughton region farms stay open

Yearbook photo surfaces of Trudeau wearing ‘brownface’ costume in 2001

The report describes the occasion as an ‘Arabian Nights’-themed gala event

‘Troubling, insulting’: NDP Leader Jagmeet Singh reacts to Trudeau’s brownface photo

Jagmeet Singh, leader of the New Democrats, responded with a call for love after Trudeau photos surface

Most Read