Timeline

Spring 2019


The respective Boards of Directors for Access and Crosstown Civic began discussions and conducted initial reviews for a potential merger between our two organizations.

November 2019


It is announced publicly that Access Credit Union and Crosstown Civic Credit Union are in merger discussions.

December 2019 - February 2020


Business cases are built and the respective boards make their recommendation. Formal communications will provide regular information and progress updates throughout the process. We will prioritize two-way dialogue throughout this initiative with both our members and employees.

February 2020


Deadline to finalize merger discussions and to present a business case to each credit union board for a decision. If the business case is approved by each credit union board, an amalgamation agreement will be signed, and the proposed merger will be recommended to each credit union's members. Members will be notified of the vote.

March 19, 2020 - Postponed


The vote originally planned for March 19th was postponed to support the local and national efforts to reduce the spread of COVID-19.


June 23-25, 2020


Voting will now occur over a period of three days from 8:30 a.m. CDT on June 23 to 6:00 p.m. CDT on June 25, 2020. This vote is made possible by new orders recently introduced by the Government of Manitoba under The Emergency Measures Act, which temporarily allows credit unions to conduct member meetings and voting via telephone, electronic, or other virtual communication facilities.

June 25, 2020


The Special Meeting of Members will be held via teleconference at 7:00 p.m. CDT on June 25th where the results of this important vote will be announced.

January 1, 2021


Following board and membership approval to proceed, the new organization begins.