News - Steinbach Credit Union

Steinbach Credit Union (SCU) has announce the appointment of Curtis Wennberg as its new Chief Executive Officer, effective early in 2025. Wennberg will replace CEO, Glenn Friesen, who is retiring after more than 26 years of exceptional service and transformational leadership that has seen the credit union grow from $750 million to $10 billion in assets during his tenure.

Steinbach Credit Union (SCU) has announced that it recently reached $10 billion in assets. The credit union says this momentous achievement is made possible thanks to over 500 dedicated employees and more than 112,000 members, all of whom have trusted SCU with their financial future.

On November 12, 2024, Steinbach Credit Union (SCU) was made aware that, due to an issue with their telephone service provider, some calls made to their Member Contact Centre, were redirected by an unauthorized third party to a phone number outside of the organization.

Steinbach Credit Union (SCU) Board Chair, Maria Reimer, announced that despite a challenging economic landscape, SCU reported another strong fiscal year in 2023, which provided them the opportunity to share their success with their members in the form of a $12 million cash back member bonus.

Steinbach Credit Union members will once again benefit from being part of one of Manitoba’s largest credit unions. Board Chair, Maria Reimer, announced at its recent Annual General Meeting that, thanks to continued growth in assets and membership, a member bonus of $10 million in cash will be shared with their members.

Steinbach Credit Union (SCU) announced at its recent virtual Annual General Meeting that they reached three important milestones in their organization’s history, including surpassing $8 billion in assets, growing to 100,000 members and celebrating 80 years of serving their members. SCU also announced they will be giving their members a $10 million cash back Member Bonus.

With continued growth in assets and membership, Reg Penner, Chair of the Steinbach Credit Union (SCU) Board of Directors announced a member bonus of $10 million in cash at their virtual Annual General Meeting, which will be welcome news to members at a time when they are facing the financial realities of the pandemic.

Glenn Friesen, CEO, Steinbach Credit Union, announced plans to support members who are experiencing financial hardship caused by the global spread of COVID-19.

The Canadian Credit Union Association recently announced that the Steinbach Credit Union, as well as numerous other credit unions across the country, will be launching Interac Debit on Google Pay.

The Steinbach Credit Union Board of Directors has announced that past Steinbach Mayor Chris Goertzen has been appointed as Director.