Portage at Moray and Portage at School Road Branch Amalgamation

March 3, 2016

Assiniboine Credit Union (ACU) announced today the amalgamation of its Portage at Moray Branch with its branch at Portage at School Road (3217 Portage Avenue), effective July 9, 2016.

The majority of member accounts will relocate from Portage at Moray to the School Road branch.  ACU offers multi-branch banking which enables members to choose to bank at any one of the remaining 18 branches in the city of Winnipeg or either of the northern branches in Thompson or Gillam.  All Winnipeg branches have on-site ATMs for member convenience. Members can use any Manitoba Credit Union ATM without a surcharge. In addition to the branch network, ACU also provides members with a breadth of online and mobile e-services, providing comprehensive banking 24 hours a day, 7 days a week from anywhere in the world.

One of the newest branches in the network, School Road offers an enhanced member experience, is open six days a week, has a 24-hour drive-thru ATM as well as a night depository for business members. There is ample parking and a Winnipeg Transit bus stop directly in front of the branch.

ACU's retail branch presence in Winnipeg has evolved over time which included several mergers. We continually examine our network to ensure that we are not over-represented in any geography.  As a result, the ACU Board of Directors made the decision to close the Portage at Moray Branch. The decision to amalgamate the two branches is in keeping with our focus on building a strong, growing, and sustainable credit union that meets the current and future needs of our members. 

ACU staff will work to ensure there is minimal member impact during this transition. Ongoing communication about the branch closure will be made available to members by mail, in-branch and on our website.

Members can look forward to being served by many of the same people who have served them at Portage at Moray as well as our current School Road branch staff.  We sincerely thank our members for their patience and continued loyalty to Assiniboine Credit Union during this time of change.


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