2 Friday, April 12, 2019
MCU Assets Nearing $135 Million
By KAREN MITCHELL
and DARRYL HOLYK
M innedosa Credit
Union hosted its an-
nual general meeting on
the evening of Tuesday,
April 9th.
2018 was another prof-
itable year for MCU with
assets growing by close to
four percent over last year
for a total of $134,994,890.
As in year’s past, the
local Credit Union con-
tinued to give back to the
community in 2018. The
total amount of financial
support to local organiza-
tions for the year amount-
ed to $67,570. MCU staff
has always been encour-
aged to get involved in
the community and vol-
unteers. “Whether it be
flipping burgers at the
rink or delivering Meals
on Wheels, the volunteer
efforts of our staff help to
make our community a
great place to live,” stated
Grain Growing Project Raises $38,000 Locally
Continued
from Page 1
This allows for easier
transport and quicker ac-
cess, also allowing the
countries to buy from their
local markets, increasing
their economic growth
Wednesday
Apr 24, 2019
2 pm & 7 pm
UCT Pavilion
Keystone Centre
Tickets $20
Many thanks to our volunteers
Proceeds support the work of the
Waves of Hope Dragon Boat Team
General Manager Brad
Ross. MCU currently has
a staff of 20 and a board of
directors of nine.
Ross also indicated
that MCU saw growth in
both loans and deposits
in 2018 and that the 2019
patronage payment of
$200,000 will be given out
in May. To date, the total
patronage paid to MCU
members since 1994 totals
$7,040,395.
The MCU Board of
Directors held 11 regular
meetings throughout 2018.
In addition, representa-
tives also attended the
Credit Union of Manitoba
(CUCM) annual meet-
ing in Winnipeg, National
Conference for Canada’s
Credit Unions in Toronto
and a CUCM system meet-
ing and director’s forum
in Winnipeg. This forum
provided educational
opportunities and net-
working with other credit
union board members in
and allowing food choices/
purchases to be culturally
appropriate.
Barry McNabb em-
ceed the evening, with
guest speakers being
Gordon Janzen, Regional
Representative Canadian
Foodgrains Bank and Kurt
20
Tickets must be purchased in advance
from any Waves of Hope member or
Diane - 204-727-2378
Darlene - 204-728-6309
www.wavesofhope.ca
The Minnedosa Tribune
the province. Educational
training and webinars
for board development
continue with the Credit
Union Director Achieve-
ment Programs.
MCU Board President,
Barry McNabb, shared that
MCU continues to be chal-
lenged by the ever-chang-
ing environment of gov-
ernance, compliance and
regulatory expectations.
“Mergers continue to be
investigated and assessed,
but for the present time,
MCU remains a single
branch,” stated McNabb.
A number of service
recognition awards were
presented during Tuesday Photo by Karen Mitchell
night’s AGM. Employee
Joanne Clarke (finance MCU President, Barry McNabb, addresses the crowd.
administration) was hon-
oured for 10 years with Exciting plans for merchant payment servic- cal credit union, MCU has
MCU. For the Board of Di- MCU in 2019 will include es and paint the exterior of grown and prospered over
rectors, Scott Thompson, a mobile app allowing the MCU office. its 72-year history. The
Shannon Alexander and members to deposit any- From humble begin- future continues to look
Dan Mendrikis were each where, anytime form their nings in 1947, when ten bright for this community
noted for five years of ser- mobile device. There are men invested $95 and owned, community mind-
vice. also plans to update the granted a charter for a lo- ed financial institution.
Bisson, Cereals Research nization is to combat hun- a focus on pregnant and sustainably manage their
Coordinator of Syngenta. ger throughout the world. breastfeeding mothers and soils, increase diversity
Janzen spoke on The organization works young children. and amount of food and
behalf of the Canadian toward this goal by provid- Kurt Bisson, from Win- improve young children’s
Foodgrains Bank and ing food in times of crisis nipeg, presented a slide nutrition through the proj-
thanked the Minnedosa to hungry people in the show presentation on his ect. Farmers and youth are
Grain Growers Project for developing world; helping trip to Malawi. Malawi is also developing local food
their years of work and people grow more food to bordered by Zambia to the enterprises to improve in-
dedication. The Canadian better feed themselves and northwest, Tanzania to the comes and boost local ru-
Foodgrains Bank is a Chris- their families; and provid- northeast, and Mozam- ral economies.  The project
tian response to hunger ing nutritional support to bique on the east, south takes place in two main lo-
and the goal of the orga- malnourished people with and west. Malawi is over cations: northern Malawi
118,000 km (45,560 square in Mzimba District, north
miles) with an estimated of Ekwendeni; and Dedza
population of over 18 mil- District, in central Malawi.”
lion. The evening con-
Bisson went to Malawi cluded with winners of the
on an educational trip to silent auction being an-
HERITAGE CO-OP 1997 LTD. learn more about the Ma- nounced and then guests
lawi Farmer-to-Farmer were free to mingle as de-
Agroecology project (or sired. The delicious meal
Notice of Annual General Meeting MAFFA). The project uses of pork, donated by HyLife
farmer-to-farmer teaching Foods in Neepawa, and
Tuesday, April 30, 2019 about agroecology, nutri- all of the trimmings was
tion and local food market prepared by the organiza-
development to improve tion’s volunteers, along
Minnedosa Community Conference Centre food security, nutrition with Heather Brazeau.
and livelihoods of the farm The Minnedosa Covenant
REGISTRATION: 6:00 PM
families. According to the Church Youth Group as-
DINNER: 6:30 PM MAFFA website, “Food in- sisted with serving bever-
secure women, men and ages and in the kitchen
MEETING: 7:30 PM
youth will learn from fel- throughout the entire eve-
Dinner Tickets Available at all Heritage Co-op Locations
$8.00 each low farmers about ways to ning as well.
• President's Report
• Manager's Report
• Auditor's Report
TRIBUNE PRINTING
• Election of Directors
204-867-3816
• Appointment of Auditors adsales@minnedosatribune.com
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