The Spruce Credit Union, as a part of a merger with Interior Savings, has established a Legacy Community fund to invest in community initiatives.
The fund of $750,000 will be held by Interior Savings Credit Union, and granting decisions will be made by an advisory committee of six Spruce Credit Union Board Members.
“This is just the beginning of our Credit Union’s increased ability to create positive and lasting change in Prince George,” said Spruce Credit Union CEO Ken Dickson.
“By combining forces with Interior Savings, in addition to this Fund, Prince George will also now benefit from Interior Savings’ community sponsorship programs, employee volunteer program, Community Investment Fund, and the Million Dollar Bursary Program which we anticipate will distribute upwards of $50,000 to $150,000 in bursaries every year to Prince George students.”
Spruce Credit Union members voted 99% in favour of the merger with Interior Savings, which takes effect today (Saturday).