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The switch is off

Nelson Daily Editor
By Nelson Daily Editor
February 8th, 2011

Nelson & District Credit Union (NDCU) has delayed its banking system upgrade. The proposed SWITCH dates of Feb. 11-14, will no longer take place.

“To ensure minimal disruption to members during our banking system upgrade process we have made the decision to delay SWITCH,“ said Doug Stoddart, NDCU CEO.

“While we have the utmost confidence and regard for our new banking system provider and credit union system partners, we feel it would be in the best interest of our members to postpone SWITCH to a later date, still to be determined, in 2011.”

NDCU members have seen an increase in the number of SWITCH related communications over the past two months while the Credit Union prepared for the banking system upgrade.

Regardless of this delay, member preparation and the upgrade process will remain exactly the same. Right now, members are as prepared as they should be; however, going forward, NDCU will continue to communicate pertinent member details regarding SWITCH.

Members are being asked to continue to read all SWITCH communications for the new date, visit frequently, and inquire at their local branch.

Since 1950 Nelson and District Credit Union has grown over the years from a modest beginning to a robust community-based financial co-operative.

After the first year of operations, the cash-box had a net profit of $21.77. Fast forward to 2011 and NDCU manages over $160 million in assets and three branches in Nelson, Rossland and the East Shore.

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