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It’s Official!

26 March 2021

With your overwhelming support and YES vote at our AGM, SPARK has a bright and exciting future ahead!  Thanks to you, our members, we are taking the next and important step toward our partnership with Connect First Credit Union.

Together, SPARK and Connect First will serve approximately 130,000 members in 44 different communities across central and southern Alberta. Once merged, the credit union will employ almost 750 Albertans, and with approximately $6 billion in assets, it will be one of Canada’s largest credit unions. The amalgamated credit union will operate under the legal name of Connect First Credit Union Ltd.

The merger is scheduled to take place on November 1st, 2021. Nothing for our members changes in the interim, which means you will continue to have access to your SPARK accounts using your SPARK Member Card, or through our online banking and mobile platforms. If you have term deposits, loan, or mortgages with us, your rates and terms will remain unchanged until maturity.

 We will keep you well-informed along the way and address any questions or concerns your may have before November 1st and beyond. Every effort will be made to minimize any impact to our members and make your transition as smooth as possible.

We remain committed and ready to meet your banking needs. Our Calgary office remains open for in-person transactions or consultations, while our Fort Saskatchewan office is open to in-person meetings on an appointment-only basis. Any accounts you have, or open with SPARK between now and November 1st will eventually be moved to Connect First , but nothing will happen without advance information about timelines and what to expect during integration.

Please visit this page regularly for updates.

Wishing you a safe and enjoyable Easter weekend.

Badriea Taha
President and CEO

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