KELOWNA – Elmer Epp of Kamloops was re-elected as chair of the board of directors of Interior Savings Credit Union after its annual general meeting held in Kelowna on May 7. Epp is an associate at the law firm of Epp Cates Oien in Kamloops. He now begins his 12th year as chair of the Interior Savings Board. Epp was also recently elected to the board of directors of Central 1 Credit Union.
At the AGM, results of the recent Board of Directors election were delivered to the membership. Thompson/South Okanagan Region saw the re-election through acclamation of incumbent directors Gordon Matthews and Stephanie Teare, each for three-year terms. Central/North Okanagan Region saw the re-election through acclamation of incumbent directors Don Grant and Bianca Iafrancesco, each for three-year terms. Paul Neustaedter was declared elected to the board for a one-year term. A special resolution to amend the credit union rules was also approved.
“Despite an uncertain global economic environment, Interior Savings enjoyed another successful year in 2012,” Epp said. “Total assets of Interior Savings exceeded the $2 billion mark, representing an asset growth of $23.9 million during the year. This achievement is attributable to careful business planning and the continued support of our members, employees, and communities.
Since 2002, Interior Savings has returned more than $45 million to its members through the Member Rewards Program. In 2012, Interior Savings shared more than $3.35 million with its members through the program, and invested over $720,000 dollars into the community. Interior Savings continues to develop and expand its social media, mobile and online banking products.
Interior Savings Credit Union is the largest credit union based in the Interior of BC with assets exceeding $2.0 billion. Through its 21 branches, 15 insurance offices, and two Commercial Services Centres, the credit union offers personal and commercial banking and a full range of insurance and wealth management services to members in 14 communities.