PACE bowls for kid’s sake!

Staff members from our Alcona Branch participated Bowl for Kid’s Sake!

This event is Big Brothers Big Sisters’ premier fun-raising event where people get together with friends, family, and co-workers and have a fun time bowling in support of Big Brother Big Sister mentoring programs in the community.

Thank you for showing your support in the community PACE Alcona!

PACE Does McHappy Day!

On Wednesday May 8th 2013 some staff members participated in McHappy Day. A portion of the proceeds were donated to Ronald McDonald Houses and other local children’s charities across Canada. The McMaster Branch donated an additional $100 in support of McHappy Day.

Thank you for supporting our community PACE!

 

 

PACE proudly sponsors Police Hero Bears!

The Police Retirees of Ontario will distribute the Police Hero Bears to various police agencies throughout Ontario. These Police Hero Bears will be available for officers to give to children in various situations such as fire victims, domestic turmoil, serious traffic accidents and related situations. Your support of this campaign will be greatly appreciated by us and the children involved.

PACE will give 3 lucky Hamilton region ‘iCount’ youth account members a free Hero Bear on May 31st, 2013!

If you would like to contribute personally or find out more, email info@policeretireesofontario.com

PACE Markham Branch donates to Yellow Brick House!

For the past few years our PACE Markham Branch has been supporting Yellow Brick House.

Yellow Brick House is a non-profit charitable organization that provides emergency shelter, counseling and supportive services to abused women and children.  The staff at our Markham branch feels that this is an important local cause that needs all the support it can get.

To learn more about Yellow Brick House, please visit: www.yellowbrickhouse.org

 

Hamilton’s McMaster Credit Union First To Join Forces With Pace Credit Union

For immediate release

VAUGHAN (May 3, 2012) – McMaster Credit Union of Hamilton announced today that they have completed their asset purchase agreement with Pace Credit Union of Vaughn, On. It will operate under the Pace brand with local sub-branding to maintain a sense of tradition and service.

McMaster is the first of three credit unions to join Pace in a planned merger. Peoples Credit Union and ETCU Financial are expected to complete the new venture with Pace later this year. When the proposal is completed it will serve 40 thousand members at 17 locations with combined assets of close to $700 million plus capital of approximately $50 million.

“The financial strength of PACE combined with the expanded range of financial products and services will certainly be of benefit to our loyal membership. This is very exciting for our members and staff,” said McMaster CEO Peter DeRosa.

Larry Smith, PACE President and CEO said, “When completed, the merger of these four great credit unions will give the combined Credit Union the scales, resources and efficiencies to provide new products and improved member services and state of the art delivery services.”

The proposed agreements will be presented to ETCU Financial and Peoples Credit Union memberships for approval later this year.

For more information contact: Dan Coldwell                                                                           Vice President Business Development                                                                                 PACE Credit Union                                                                                                                         905-738-8900                                                                                                 dcoldwell@pacecu.com

About PACE Savings and Credit Union Limited                                                                      Their Head Office is located in Vaughan, they serve 24,000 members through locations in Toronto, Hamilton, Mississauga, Markham, Aurora, Stouffville and Uxbridge. PACE employs 115 full and part time staff and have assets of $450 million.

About McMaster Savings and Credit Union                                                                             Based in Hamilton, McMaster predominantly serves the McMaster University community through 2 locations with 13 full and part time staff. They have 3,500 members and $30 million in assets.

For more information contact: Peter DeRosa                                                                        CEO                                                                                                                                     McMaster Savings and Credit Union Limited                                                   pderosa@maccu.com                                                                                                                     905-522-2903

PACE Bursary Award winner – Kala Lowson

Kala Lowson was awarded a PACE Bursary in 2011. Click here to watch Kala’s video

PACE raised over $68,250 which allowed them to give bursaries to 87 recipients. The PACE Bursary Awards are designed to financially assist members of the Credit Union, their children and grandchildren in pursuing post-secondary education. Awards up to $2000 are available to successful applicants who are enrolled or are enrolling in a post secondary education program.

To be considered for this coming school year, please apply no later than June 22nd 2012. Good Luck!

Member Testimonial

Name: Maisie Summers

Member Since: 2006

Personal:  Maisie is a 6 year old girl in grade 1.  She enjoys going to school and likes to play outside during recess.  Her favorite class is Art.  She likes to paint pictures using her favorite colors; red and blue.   

The PACE Difference:  PACE is Maisie’s first financial institution.  Her parents Lori and Kevin created her account when she was born.  They wanted to start Maisie on the right path to being a financially responsible person.  They are teaching her about money and savings.  Maisie likes to count money; especially pennies.  Like most children, Maisie has a piggy bank where she deposits her loose change.  Maisie enjoys the personal touch that PACE gives her; “I like that I get mail from PACE.  They sent me a Christmas card with my name on it.”  Maisie is greeted with a smile every time she comes into the branch.  Her favorite thing about coming into PACE is the treasure chest.  “I like bringing my money to PACE because I get to pick out a toy from the treasure chest.”        – Maisie Summers

Ontario Credit Unions announce plan to join forces.

 For immediate release

VAUGHAN (April 17, 2012) – The Board of Directors from McMaster, ETCU Financial, Peoples and PACE Credit Unions announced today their intent to amalgamate. Upon completion the amalgamated Credit Union will serve some 40,000 members through 17 locations and have combined assets of close to $700 million plus capital of approximately $50 million. The Credit Union will operate under the PACE brand with sub-branding used to identify certain branch locations according to their original bonds of association.

“The financial strength of PACE combined with the expanded range of financial products and services will certainly be of benefit to our loyal membership. This is very exciting for our members and staff” said McMaster CEO Peter DeRosa.”

Bob Lockwood, CEO of ETCU Financial Credit Union, commented “Working with PACE makes so much sense for us given that ETCU and PACE do so much with the Toronto District School Board already. Our presence together will be an advantage for both membership groups”

Heather MacDonald, CEO of Peoples Credit Union, believes that the ability to compete more effectively in an increasingly challenging marketplace will be a key outcome of the proposed merger. “We’re excited for the opportunity to merge with a like-minded credit union having strong community roots; one that is also committed to providing personalized financial products and expertise delivered by a strong employee team and efficient technology. Our Credit Unions have a history of success, many years of conservative growth and profitable operations. We believe that now is the appropriate time to consider this undertaking. “

Larry Smith, PACE President and CEO adds “The merger of four great credit unions will give the combined Credit Union the scale, resources and efficiencies it needs to provide new products and improved member services and state of the art delivery channels. We will continue to stay close to our core values, our commitment to cooperative principles, to the communities we serve and to our employees who will benefit from additional opportunities for career advancement.”

The proposed agreements will be presented to the Credit Union memberships for approval later this year.

For more information contact: Dan Coldwell                                                                           Vice President Business Development                                                                                PACE Credit Union                                                                                                                       905-738-8900                                                                                                    dcoldwell@pacecu.com

About McMaster Savings and Credit Union – based in Hamilton, McMaster predominantly serves the McMaster University community through 2 locations with 13 full and part time staff. They have 3,500 members and $30 million in assets. 

For more information contact: Peter DeRosa                                                                     CEO                                                                                                                                  McMaster Savings and Credit Union Limited                                                 pderosa@maccu.com                                                                                                              905-522-2903

About ETCU Financial Credit Union – based in Etobicoke, ETCU serve employees of the Toronto District School Board through their 1 location with 5 full time staff. They have 2,350 members and $57 million in assets.

For more information contact: Bob Lockwood                                                                     CEO                                                                                                                                      ETCU Financial Limited                                                                                            bob@etcu.com                                                                                                                           416-622-8500

About Peoples Credit Union – their Head Office is located in Innisfil, they serve the greater Barrie, Innisfil and Shelburne areas with 4 branches employing 51 full and part time staff. They have 8,700 members and $150 million in assets.

For more information contact: Heather MacDonald                                                            CEO                                                                                                                                    Peoples Credit Union Limited                                                                hmacdonald@peoplescu.ca                                                                                                     705-436-2044

About PACE Savings and Credit Union Limited – their Head Office is located in Vaughan, they serve 24,000 members through locations in Toronto, Hamilton, Mississauga, Markham, Aurora, Stouffville and Uxbridge. PACE employs 90 full and part time staff and have assets of $460 million.