MEDIA RELEASE
FOR IMMEDIATE USE
SASCU Launches Community Impact Term Deposit to Celebrate 80 Years
SALMON ARM (April 29, 2026) — On this day in 1946, SASCU Credit Union was incorporated, beginning a history of financial services built for our region. SASCU celebrates this 80th year milestone with the launch of the Community Impact Term Deposit.
The SASCU Community Impact Term Deposit is a 3-year, non-redeemable, fixed rate term deposit available to personal and business members from April 29 to October 1, 2026. Any one can become a member and has the opportunity to invest in this product. For every dollar invested, SASCU will donate an additional quarter percent to select community halls in the Shuswap region.
“You shouldn’t have to choose between a strong investment return and helping your community,” said SASCU President and CEO Barry Delaney. “The Community Impact Term Deposit allows for both. It’s a great way to celebrate our Anniversary.”
“Community halls have historically been the heart of the Shuswap, bringing people together to celebrate, connect, and grow. This is an opportunity to give them a lift and continue their great community roles,” said Delaney.
Community halls from across the Shuswap are invited to share what their space means to their community and how additional support would make an impact. Depending on the needs, the amount invested, and the resulting size of the donation, SASCU will select one or more community halls to receive funds.
The more the members invest, the bigger the donation. The selected halls and donation amount will be announced on Credit Union Day, October 15, 2026.
Full details are available at sascu.com/personal/invest/term-deposits/community-impact-term-deposit.
About SASCU
SASCU Financial Group offers a broad range of personal and business financial services through SASCU Credit Union and its three lines of business, SASCU Insurance, SASCU Wealth and Commercial banking. SASCU Credit Union branches are in Sicamous and Sorrento, plus two in Salmon Arm. Insurance offices are located in Salmon Arm and Enderby. Established in 1946, SASCU has more than 20,000 members, 165 staff and $1 billion in assets. In addition, SASCU stewards $235 million in client investments and serves more than 5,000 insurance customers. Learn more at sascu.com
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Media Contact
SASCU Financial Group
Barry Delaney
President & Chief Executive Officer
250.833.1310 | barrydelaney@sascu.com
