Alexander Wallace Chair

Libby Hanna1st Vice Chair

Ken RempelCEO

The year 2018 saw continued growth for Niverville Credit Union. Assets grew 8% ,loan growth was 12.83%, and deposit growth was 9.3% when compared to 2017.

Our Steinbach location at 15 Penfeld Drive has continued to provide improved service to Steinbach area members as well as generating interest and business from area residents that are new to Niverville Credit Union. The Niverville and Landmark locations continue to see growth as well, reflecting the opportunities made possible by a robust South Eastern Manitoba econ-omy.

A common and surplus share dividend of 4.25% was declared, reflecting our contin-ued profitability and commitment to paying our members a steady, competitive divi-dend.

John Schmitke2nd Vice Chair

To enhance member services, we entered into a new credit card agreement with Col-labria which now offers our members both Mastercard and Visa options. NCU Alerts were also introduced this past year. Members can set up their accounts to receive alerts via text message or email on account activities, which allows members to identify fraudulent activity as soon as it happens.

We continue to collaborate with other credit unions to explore opportunities for cost savings and improving service deliveries and will see the fruits of collaboration in 2019 when we release ASAAP, and online account opening program.

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Marlene Stott Director

Stan DoerksenDirector

Don Doerksen Director

Gordon KroekerDirector

Strategic planning, attendance at system meetings, and individualized training courses are some of the activities that directors participated in this past year.

Directors also received additional training in Cybersecurity and IT risk as well as increased reporting from management on IT activities and compliance.

We would also like to thank Cal Schellen-berg for his many years of service as a director and wish him well in his future endeavors.

In the event you have any concerns or compliments please do not hesitate to share them with our staff and directors. We can assure you that they will all be dealt with in confidence.

In closing we want to thank our staff for their contributions this year and you, our members for your continued support.

-Ken Rempel, CEO

Photos by Brigitte Simard

Marianna KettlerSherise FalkSandy CharetteMarlene CarrRosemary JohnstonTalitha Smith

Carroll DyckBryanne TottleCarmen GiesbrechtCecile GerardyChristina AboladeSam GagneJackie RasettiGabi HiebertAmber Spence

Lisa DoerksenRichard PearseKen RempelDarryl RempelTy WoodNancy PennerRon AshcroftBrigitte Simard

Liam HarderCarrie TheoretRichard MontgomeryDebbie LamirandeStacy HammLauren NeufeldJamie KingGracy GiesbrechtKayleigh Engstrom

Keith WolbaumLillis CorriveauMichelle Van Den DriesscheJordan RichardsonJulie DriedgerVern Klassen

Cynthia KroekerTeresa SoperDenise CollinsDenise McBurneyShari Voth

Names listed from left to right

Landmark Friendship Festival

Landmark Parent Grad Committee

Niverville Health and Community Foundation

Linden Christian School

Fourth Avenue Bible Church

Niverville Rec

Niverville Soccer

Winnipeg youth Soccer

Sports for Kids

Niverville Helping Hands

Word of Life Church

Landmark Minor Hockey

Clippers Ice Sports

Phoenix Football Club

Niverville Collegiate

Niverville Elementary

Niverville Fair

Operation Christmas Child

Youth for Christ

Maranatha Niverville

WMBA Oxford Heights Basketball Program

Our Staff gave back to the communityby volunteering throughout 2018:

Donations were collected throughout the year at both Niverville and Landmark branches on the last Friday of every month. A total of $687.00 was collected and Landmark proceeds went to a local YFC-Flatland Café charity and Niverville proceeds went to the following, Niverville Fire-fighters Association, Niverville Soccer Club, and Niverville Youth for Christ.

Niverville Credit Union Gives Back $2,580.00 to local charities with their Opt out Statement Campaign that ran from December 1, 2017 to November 30, 2018.

Supported local Community sport teams in Niverville the Niverville Wildcats Hosted BBQ in Landmark Festival Hosted BBQ in Niverville Fair Weekend Donated to Helping Hands for Staff Christmas Party Operation Christmas Child- Landmark Shoe BoxNiverville Funded the New Unger Meats facility in Mitchell Manitoba Sponsorship in the Mennonite Heritage Museum $500.00 Cash Donation and Swag to the Tache Firefighters for their pancake breakfast$1000.00 GIC winner for the Direct Deposit Campaign Sponsored 3 students from Steinbach SRSS to the Cooperative Camp at Camp Wannakumbac in Riding Mountain National Park.

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50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Assets & Loans (in thousands)

Assets

Member Loans

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200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Net Income Before Taxes

Net Income Before Taxes

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

8.00%

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Equity as % of Assets

Shares as % Assets

Retained Earnings as % Assets

Supported local Community sport teams in Niverville the Niverville Wildcats Hosted BBQ in Landmark Festival Hosted BBQ in Niverville Fair Weekend Donated to Helping Hands for Staff Christmas Party Operation Christmas Child- Landmark Shoe BoxNiverville Funded the New Unger Meats facility in Mitchell Manitoba Sponsorship in the Mennonite Heritage Museum $500.00 Cash Donation and Swag to the Tache Firefighters for their pancake breakfast$1000.00 GIC winner for the Direct Deposit Campaign Sponsored 3 students from Steinbach SRSS to the Cooperative Camp at Camp Wannakumbac in Riding Mountain National Park.