Local News

It Was Another Good Year For The Flin Flon Credit Union

The Flin Flon Credit Union held their 85th Annual General Meeting last week at the Victoria Inn in Flin Flon.

 

President Don Scott talked about some of the highlights of 2025 including their continued care and support for people affected by the wildfires last summer. Scott thanked the Credit Union and insurance staff  who pulled together through evacuation to deliver emergency services to the  local membership remotely, and to open first in our community after re- entry.

 

CEO Kory Eastman, then reviewed the financial details for 2025 highlighting; annual loan growth of 8.51%, member deposit growth of 19.52% and the FFCU assets increasing over $16 million to end the year at $104,443,132. The Flin Flon Credit Union saw an overall increase to net income up 7.17% from the prior year to $656,553. This allowed the Board of Directors to approve another cash payout for qualifying members of $35,000 from the 2025 results, to be paid in the coming months.

 

An election for three available Director seats was held which saw Dawn Hlady and Ian Lee re-elected to three-year terms, joined by the newly elected Richard Trudeau. Tina Oulette was sincerely thanked for her long, dedicated service of 13 years on the FFCU Board in which she held positions as both Vice President and Chair of the Audit Committee.

 

Copies of the summary financial statements will be available by the end of the week for download from the Flin Flon Credit Union website at www.ffcu.ca.

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