Spruce View lands bank

Residents of Spruce View will soon be able to do their banking without leaving the hamlet.

Residents of Spruce View will soon be able to do their banking without leaving the hamlet.

Eckville District Savings and Credit Union Ltd. has struck a deal with Central Alberta Co-op Ltd. to offer banking services at the Co-op in Spruce View.

Eckville Credit Union general manager Mitch Krecsy said the Spruce View outlet will offer “front-line” banking like cheque-cashing, deposits, withdrawals and card services. Operations should begin May 4.

Co-op employees will staff the credit union outlet, although appointments can be made to see credit union officials about things like loans and investments.

“The option that we’ve chosen, to do the agency kind of thing, is certainly a lot cheaper than a bricks-and-mortar-type branch,” said Krecsy.

He said the decision to move into Spruce View reflects Eckville Credit Union’s strategic plan to expand its services. It conducted surveys in various communities to assess opportunities.

“The residents of Spruce View were the ones that indicated the most favourable response to some type of service coming into their community,” said Krecsy.

Despite having a very active retail sector, the hamlet was served only by cash-dispensing machines, he added.

Central Alberta Co-op, with its busy food, hardware and ag supply business in Spruce View, was a perfect partner.

“I think it’s a retail cornerstone of the community,” said Krecsy. “That’s one of the reasons we chose them.”

Eckville Credit Union, which has about 2,300 members, operates no other branches or outlets. Krecsy said other partnerships like that in Spruce View are not in its immediate plans.

hrichards@bprda.wpengine.com

Just Posted

Olympic ski run designer creates upgrades at Canyon Ski Resort

Jeff Ihaksi says free-style and alpine ski venues are Canada Winter Games-worthy

Updated: Collision expert backs version of crash of driver accused of manslaughter

Daniel Newsham accused of manslaughter in fatal 2016 collision

Red Deer artist highlights the dinosaur connection of Alberta birds

Jeff Powers is fascinated by winged creatures

Murder charges laid against woman from the Sunchild First Nation

The 25-year-old female victim was found dead on Dec. 12

WATCH: CP Holiday Train rolls into Lacombe

Kelly Prescott performed for hundreds of Central Albertans

Fashion Fridays: How to change your beauty routine

Kim XO, lets you in on her style secrets each Fashion Friday on the Black Press Media Network

WHL’s Thunderbirds, Silvertips open to NHL joining Seattle hockey market

TORONTO — The Seattle area’s major junior hockey teams aren’t worried about… Continue reading

Canadian freestyle skier Karker excited for Dew Tour’s modified superpipe

Rachael Karker has a renewed sense of confidence heading into her second… Continue reading

CBS settled with Dushku over ‘Bull’ star’s sexual comments

LOS ANGELES — CBS reached a $9.5 million confidential settlement last year… Continue reading

Kanye reignites Drake feud on Twitter, alleges threats

LOS ANGELES — Kanye West is not sending Christmas cheer to Drake.… Continue reading

Councillors in Toronto, Ottawa vote to allow retail cannabis stores

TORONTO — Councillors in Toronto have voted to allow retail pot shops… Continue reading

Barry Cooper: Separation has become a real possibility, thanks to Ottawa’s abuses

In the past couple of weeks, a retired senior oil executive, Gwyn… Continue reading

Most Read