Bergengren Credit Union holds its Annual General Meeting

Published on May 9, 2014

The new board of directors are, from the, left : Neil Foshay, Randy Peters, Kevin MacDonald, Eileen Curry, Mike Halfpenny, Mary Oxner, David Harrison, Anne Sears, Bill Timmons, Helen MacPherson and Chris Boyd.  (Missing: Garrett Juurlink)



Submitted photo

 AntigonishBergengren Credit Union held its Annual General Meeting at the Keating Centre in Antigonish on April 28, 2014 where positive year-end results for 2013 were presented to its members. 

“No organization can be successful without the support of many. At Bergengren we are thankful to our members for their loyalty, support and involvement in assisting us in developing our credit union to meet their expectations. It is important to say again that our members are our focus and that we are listening and promise to be responsive to your suggestions” says Dan Hodgins, CEO/GM of Bergengren Credit Union. 

Bergengren Credit Union ended 2013 with an increase in assets to $216,067,673.00 million and an equity position of $15,571,630 million or 7.22% per cent. The credit union’s net earnings for the year were $670,985.00. At the Annual Meeting, the membership approved the recommendation of the Board of Directors to provide a Patronage Reward to the members of $250,000.00. A 5% dividend on Equity Shares was also approved. 

The winners of the second annual student video contest themed “The Credit Union Difference” were awarded. Grand Prize High School Winner was Maria Farrell and Grand Prize Post-Secondary Winner was Kerry Berkvens, both winning $1500 scholarships. The People’s Choice for High School level was awarded to Caley Chisholm and Post-Secondary level was awarded to Dylan Lawrence. Both had top votes on the Bergengren Credit Union facebook page for their videos and were awarded $500 scholarships. 

The new Board of Directors was announced. Newly elected directors Eileen Curry, Kevin MacDonald and Randy Peters were joined by returning directors Chris Boyd, Neil Foshay, Mike Halfpenny, David Harrison, Garrett Juurlink, Bill Timmons, and Anne Sears. Incumbents Helen MacPherson and Mary Oxner were re-elected. Retiring directors Dave MacLean, Kevin Bekkers, and Bernie MacDougall were recognized and thanked for their long time contributions and commitment to Bergengren Credit Union and the Credit Union movement as a whole. 

The newly appointed members of the Youth Community Council were also introduced; Kerry Berkvens, Kara Chisholm, Jensen Doucet, Cynthia MacDonald, Kayla MacDougall, Elizabeth Wallace, and Rebecca Waterhouse who are joined with returning members Bryan Cameron, Ian Cashin, Jessica Delorey, Breton Doucet, and Darcy MacIsaac. 

Bergengren is a full-service financial institution with 3 branches and 64 employees that serve 16 thousand members in Antigonish, St. Andrews and New Glasgow.