Loans down, savings up for Weyburn Credit Union : vimarsana.

Loans down, savings up for Weyburn Credit Union


“Just as every business in Weyburn and the world has been affected, we were affected by the pandemic and its ripple effect on the economy and interest rates, and we saw how it affected our members and how we could help them,” said Hubic.
The Credit Union’s assets, which consists of cash and investments, did see growth as the institution broke the $600 million mark for the first time as the assets grew to almost $606 million.
In the area of loans, there was some agricultural and consumer lending, but the pandemic caused a lot of upheaval in the business world.

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