Press Releases

For the latest Kootenay Savings News Releases, please click on the links below.  All media inquiries should be directed to the contact information found within each news release.

  • Kootenay Savings Continues Credit Union Tradition of Giving (PDF - 283.90 KB)

    June 15, 2021 - With summer on the horizon, we're providing a financial boost to community organizations throughout the Kootenays to help enrich the lives of residents across the region by awarding $48,250 in new grants.
  • Kootenay Savings Continues to Give Back (PDF - 471.35 KB)

    February 25, 2021 - As part of Kootenay Savings ongoing commitment to giving back to the Kootenays, through good times and challenging times, the credit union is teaming up with their community-minded employees to distribute $9,500 in donations to seventeen diverse and deserving non-profit groups.
  • 2021 Profit Shares Announced (PDF - 273.34 KB)

    February 5, 2021 - Based on 2020 financial results, Kootenay Savings Board of Directors has declared a 1.25% patronage and share dividend, resulting in nearly $350,000 being shared with members through the credit union’s Profit Sharing Program.
  • Kootenay Savings Donates $50,000 to Local Food Banks

    April 17, 2020 - To help curb food shortages caused by COVID-19, and to provide immediate, tangible support for the communities served by the credit union, the Kootenay Savings Community Foundation is donating $50,000 to be shared amongst 11 food bankis in the region.
  • 2019 Profit Shares Announced

    January 27, 2020 - The Kootenay Savings Board of Directors has declared a 2.00% patronage and share dividend which will see over $615,000 shared with members through the credit union's Profit Sharing Program.
  • Exploring Strength and Unity - Boards of Directors Agree to Proceed With Regulatory Application

    July 24. 2019 -  The Boards of Directors for the six credit unions exploring a potential merger voted to proceed with submitting an application to the Financial Institutions Commission of BC (FICOM), requesting consent to present the potential merger to their respective memberships, resulting in a membership vote.
  • Exploring Strength and Unity - Cooperation among Cooperatives

    September 21, 2017 - The seven credit unions that encompass the Kootenay, Boundary and Columbia Valley regions of BC are taking the opportunity ahead of this year’s Credit Union Day to share exciting news. The partner credit unions have embarked on a process to explore the benefits of creating a single credit union to serve the needs of members and communities across the three regions.