Steinbach Credit Union is open to the idea of setting up a national Credit Union organization.

Chief Executive Officer Glenn Friesen approves of the decision to amalgamate Credit Union Central of Ontario with Credit Union Central of BC. That vote was held last week. Now the idea of a national organization is being tossed around however Friesen says before they do anything they would carefully consider if a merger would benefit their members. Friesen says an amalgamation would give them a larger presence across Canada and could improve efficiencies since many of their products are volume based. But he adds discussions are still very preliminary.