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On behalf of the Board of Directors of Synergy Credit Union, we are sharing the retirement announcement of our Chief Executive Officer, Glenn Stang, effective December 31, 2024.
Glenn has served as Synergy’s CEO since 2013 and has worked with Synergy (formerly Lloydminster Credit Union) for the past 27 years. His career serving the credit union system in Saskatchewan spans an impressive 43 years as a champion of the cooperative banking family.
Amongst Glenn’s many talents are his ability to create a positive workplace culture. Brian Chesky, co-founder of Airbnb once said, “Culture is simply a shared way of doing something with a passion.” Glenn has proven the accuracy of this quote, which is evidenced by Synergy Credit Union’s recognition as a provincial Top Employer for seven consecutive years.
During Glenn’s leadership Synergy has:
- Grown more than $1.1 billion to the current $2.5 billion in assets under administration.
- Welcomed Macklin and Saskatoon to Synergy’s branch network.
- Returned over $30 million in Profit Shares to our members.
- Donated more than $2.8 million to community projects and initiatives through the Synergy Shares program.
- Increased membership to over 27,000 voting members
- Formed collaborative working groups with other credit unions to provide members with high quality digital banking technology.
From a board perspective, Glenn exhibits a passionate and energetic leadership style that sets him apart. Glenn is highly respected in leadership circles locally, provincially, and nationally for his visionary thinking and his willingness to engage in difficult conversations about the sustainable future of credit unions. He brings integrity and an authentic passion for cooperative values and a deep concern for the well-being of our communities, members, and employees.
Glenn reflects Synergy’s values in the community as a dedicated volunteer, giving generously of his time and talents to many local organizations. He promotes volunteerism throughout the organization to build stronger communities while at the same time encouraging a sense of purpose in the workplace.
As we wish Glenn all the best in his retirement, we will be working to find a new leader to carry on his good work and continue to build Synergy as your financial wellness provider.
Please join us in congratulating Glenn on an amazing career and wishing him well in his retirement and the next chapter in his story. His leadership will be missed but his investment in the leadership team will continue to serve us well. Thank you, Glenn, for your dedication and commitment to excellence.
Sincerely,
Neil Carruthers
Board Chair - Synergy Credit Union
Don Wheler
Human Resources Committee Chair - Synergy Credit Union
About Synergy Credit Union
Synergy Credit Union is a member-owned financial institution serving more than 29,000 voting and non-voting members from 12 communities within west-central Saskatchewan. Synergy Credit Union is the fifth-largest credit union in the province of Saskatchewan and is one of the leading credit unions in Canada, with more than $2.5 billion in assets under administration. Synergy Credit Union provides core banking services through the traditional branch network, the Canada-wide AccuLink® ATM network, online banking, mobile web banking, as well as through the Member Contact Centre. More complex and advanced services, such as financial advice and analysis, are delivered by specialists who may be located at select branches or available to meet in a location of the member’s choice by request.
Synergy operates on the lands referred to as Treaty 6 Territory, which encompasses the unceded lands of Indigenous Nations and Peoples, including the Plains Cree, Woodland Cree, Saulteaux, Nakota, Dene and Metis.
To arrange interviews contact:
Jolomi Gagar
Communications Specialist
Synergy Credit Union
Office: 306-500-6894 | Cell: 306-716-6175 | Email: Jolomi.gagar@synergycu.ca