Mr. Speaker, the Family Savings and Credit Union is kicking off its 50th anniversary celebrations. It was on October 20, 1949 that this financial institution was incorporated by a small number of pioneers who joined together to own and control a financial business to serve their needs.
Today the credit union boasts 22,000 members and six branches across Niagara. It is the seventh largest credit union in Ontario and offers financial planning and many other financial services.
Over the years the Family Savings and Credit Union has been honoured with several prestigious awards. It is one of only two credit unions to be given the National Community Economic Development Award. It has also received an international marketing award from the Credit Union Executives Society.
I take this opportunity to congratulate the Family Savings and Credit Union on 50 years of success and for serving the people of St. Catharines and Niagara.