Northern Savings to add to Community Giving funding program

Prince Rupert based Northern Savings Credit Union is adding some additional funding to its community giving programs, introducing a new program to named the INSPIRE Fund which will support the financial institutions vision of neighbours helping neighbours to build sustainable communities.

In an information release from Thursday, Northern Savings outlined how the new fund will work. 

For 2022, the INSPIRE Fund will provide $50,000 of contributions, this is in addition to the funds Northern Savings has already set aside for its annual community giving, in total, approximately $120,000 will be provided. 

Northern Savings President and CEO Stefan Delloch outlined how the INSPIRE fund will give back to the communities that the institution serves across the Northwest and on Haida Gwaii.

“Northern Savings INSPIRE Fund showcases our continued effort in strengthening our Northern communities. The more our community members chose our local credit union, the more we are able to give back to our communities – that is the credit union difference,”

Plans for the INSPIRE Fund are currently being finalized.  

Northern Savings does note however that applications for initiatives seeking $5,000 or more will be accepted starting June 1, 2022. Details on the application process and funding guidelines will be posted on Northern Savings’ website in the near future. 

Learn more about Northern Savings plans here. 

Follow their website here, as well as their Facebook page for any updates.

In other notes from the Financial instution on Third Avenue West, the recent election for the Board of Governors has come to an end with the succesful candidates annouced last week.

The election closed on April 21, 2022 and the following individuals were elected: 

Director At Large - Jeremy Pierce (three year term) 

Director At Large - Angela Gruber (three year term) 

Queen Charlotte District - Beng Favreau (three year term) 

Masset District* - Joseph Lavoie (two year term) * 

The Masset District seat was filled by acclamation, and no election was held for this seat. 

 Due to a Director resignation, Trent Moraes was appointed for a one-year term to the Board.

The results of the ballot counting can be reviewed below:

More notes on the commercial sector across the Northwest can be explored from our archive page.