Thanks to a new $500,000 endowment to help the community, Enderby& District Credit Union will start awarding grants to charities in 2014 to make it happen.
The $55 million cooperative in Enderby, British Columbia, said the funds are allocated solely from its retained earnings.
The decision to create the endowment was made as part of EDCU's announcement to merge with the Langley, B.C.-based First West Credit Union, which has $6.6 billion in assets under administration.
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