North Peace and Interior credit unions announce next step in merger

FORT ST. JOHN, B.C. — Interior Savings Credit Union has officially announced the member voting stage of its merger with the North Peace Savings and Credit Union. 

Interior Savings announced on April 6th that the BC Financial Services Authority had provided consent to allow a member vote on the proposed merger following an agreement from both boards in December 2022. 

The release says the merger would allow the companies to better serve their members, employees, and communities. 

This vote follows a long-discussed merger process that began back in August 2022.

According to the release, North Peace Savings members will receive an official notice of special resolution and a comprehensive guide to the merger in April. 

Voting for North Peace Savings members will occur between May 8th and 12th, with results shared within seven days after voting closes. 

The merged companies would provide a network of 25 branch locations, 16 insurance locations, and a combined 90,000 members across 18 communities. 

For more information about the merger, visit the Stronger Together website.