Welcome to Stoughton Credit Union Ltd.

HISTORY

  • Stoughton Credit Union Ltd. was founded May 12, 1960. By the end of the first year there were 102 members and assets of $130,000.

  • In 1966, assets had grown to $500,000 and a new office was built.

  • Kisbey Branch was amalgamated in 1971 with some 100 members and $110,000 in assets.

  • There has been an addition to the Stoughton office, an interior renovation and new roof put on.

  • Kisbey Branch has had an interior renovation.

  • Today our assets total $26 Million and membership is 1650.

  • We have a staff complement of 9 full time and 2 casual employees.

MISSION STATEMENT

To be a local, democratically controlled, responsible, viable Co-operative financial institution, that is responsive to the social and economic needs of current and potential members.

PATRONAGE REBATES

It has been a commitment of the Board of Directors to return excess profits, after reserve allocations are met, back to the members and into the communities we serve.

Since 1985, we have continually paid a patronage rebate and over the years we have returned $1.26 Million back to our members.

COMMUNITY INVOLVEMENT

  • Sponsor and contribute to many events and organizations in the community

  • Minor Hockey, Curling Clubs, Golf Course, Swimming Pool, Ag Society, 4 H Clubs, Health Fair etc.

  • Made larger contributions to new Ambulance Fund, new Swimming Pool and new Curling Complex

  • Our staff volunteer time to local organizations

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