Please cast a vote against the takeover. Vote No! John Restakis With three days left in the voting for the proposed merger of Island Savings and First West, many questions remain unanswered for Island Savings members. It remains unclear just exactly how a larger credit union will actually benefit Vancouver
Continue readingTag: First West Credit Union
Cowichan Conversations: First West Credit Union-’Salary Budget Reductions’– Unfair Labour Practices
Richard Hughes-Political Blogger The following information was waiting in my inbox this morning. It is of significance to all Island Savings Credit Union members and staff who value job security and the benefits of working with a collective agreement. Although voting has already begun and will continue until November 12th
Continue readingCowichan Conversations: A Seasoned Banker has 9 Questions for Island Savings President Rod Dewar
David Indgehas 9 questions With regards to the proposed merger between ISCU and FW and having read comments on the subject by Mr. Dewar, one of the points he continues to make is that “Neither Island Savings nor its members will be losing local control of our credit union”
Continue readingCowichan Conversations: Cowichan Conversations Poll on First West Credit Union Takeover of Island Savings Corrupted
This poll has been corrupted. Do you support or oppose the merger of Island Savings with Langley based First West Credit Union? Support 77.68% (1,180 votes) Opposed 22.32% (339 votes) Total Votes: 1,519 The Poll appears to have been jimmied. ‘Opposed’
Continue readingCowichan Conversations: Island Savings President Rod Dewar is Panicking-Trying to buy votes with our money.
Richard Hughes-Political Blogger I would expect that Island Savings Credit Union President and CEO Rod Dewar will get a handsome bonus and retirement package if he can pull off this merger with Langley BC based First West Credit Union. In spite of the blatant ‘YES” campaign being waged in
Continue readingCowichan Conversations: Island Savings Takeover — A Bad Deal-Vote No
Keep Island Savings Local By Don Skerik Regarding the take over of Island Savings by First West. I have attended three of the ISCU membership meetings and at each it seemed there were more staff than members attending. At one meeting on two occasions I was in
Continue readingCowichan Conversations: A ‘Yes Vote’ Will Mean That Island Savings Will Cease To Exist–’VOTE NO’
Don Maroc Currently all attention is on the November 15, local government elections for municipal councillors and mayors, plus regional directors for nine districts, plus a Board of School Trustees, but there is another equally important, if much less known, “election”. The management of Island Savings Credit Union, who’s head
Continue readingCowichan Conversations: First West Credit Union Takeover of Island Savings Must Be Stopped. Vote No!
Richard Hughes-Political Blogger The rapidly growing and expanding First West Credit Union has been gobbling up smaller Credit Unions over the last few years. Now they are poised to take over our Island Savings Credit Union and the members are only hearing the positive side of the story. Bigger is
Continue readingCowichan Conversations: Let’s Keep Island Savings Credit Union Under Local Control
Here is a timely post from Don Skerick about the (insider Board of Directors) proposed amalgamation of Island Savings with First West Credit Union head quartered on Langley, BC. Let’s Keep Island Savings Local I urge all Island Savings Credit Union members to carefully consider their proposed merger vote with
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