The 40s:

It all began with the vision of an organization that would offer service at cost, with the criteria for granting credit being based primarily on the character of the applicant. "Not for charity, not for profit, but for service" was their motto. "Helping people to help themselves" was their aim. Official operations began on March 6, 1940 with 14 shareholders each purchasing a $5 share.

The 50s:

In 1957, after 17 years of operations, the Rosenort Credit Union moved into its own offices after the construction of its first new Credit Union building at a cost of $5000. Having a building to call their own allowed business to take place 3 afternoons each week.

The 60s:

Numerous breakins throughout the years made insurance companies reluctant to insure the Credit Union. The building committee reached the decision to construct a new building worth $35,000. The grand opening of our second official Credit Union building was celebrated in August of 1965. Full time hours, new modern facility and stable managment saw assets grow from $100,000 to $1,000,000. 

The 70s:

A change in the Credit Union Act allowed the Rosenort Credit Union to accept members from outside areas. Many members were attracted by our near prime loan rates. Increased demands for services saw the bookkeeping system upgraded from Ledger Cards to Electronic Data Processing. A loans manager was also added when assets reached $10 million. 

The 80s:

By 1988 assets had leaped to the sum of $20 million. This cued the installation of an Automated Teller Machine (ATM), the use of an on-line data processing system, allowing accounts to be updated overnight, and major renovations to increase the area designated for member services.

The 90s:

Renewed interest in the Rosenort Credit Union after the renovation project and the 50 year celebration saw a surge in growth. This prompted the monumental task of planning and designing a building that would serve them well into the new millennium. June 24th, 1995 marked the ribbon cutting of the current 13,600 sq ft of office space worth $1.25 million.

Committed to serve, Year 2000 and on:

Many things have changed since the beginning of the Rosenort Credit Union. The limit of loans has jumped from a mere $15 to over $3 million. Debit cards, along with phone and internet banking no longer make it necessary for members to come in. This has resulted in memberships from coast to coast and internationally. But one thing has remained. Our aim to this day continues to be "Helping members to help themselves".

In 1990, on the occasion of our Credit Union's 50th anniversary, Edwin L. Friesen, the Credit Union's longest serving President made the following statement. "The strength of the Credit Union has always been dependent on the commitment of our greatest resource, the volunteers and employees of our organization. I trust that as the years pass we will be able to maintain the philosophy that gave birth to this organization. It is my sincere hope, that we will never forget, we are here to serve God and each other and together we will continue to build for a better future".