NDCU records strong year
Castanet – May 7, 2026 / 12:08 pm | Story: 613120
Photo: File
Nelson & District Credit Union’s 75th Virtual Annual General Meeting (5 May) released financial results to 2025, announced Long Term Employee Service Awards and introduced acclaimed and elected directors.
The past year for Nelson & District Credit Union (NDCU) can be characterized by “strong comprehensive income, growth in members’ equity and wealth” and distribution of more than $200,000 to the community.
NDCU’s 75th Virtual Annual General Meeting (5 May) released the financial results to 2025, announced the Long Term Staff Service Awards and introduced the acclaimed and elected directors.
Tom Murray, CEO of NDCU, said last year was an extraordinary year for NDCU.
“In a challenging economic environment, we delivered strong financial growth while focusing on what matters most – our members and our communities,” he said in a statement.
“This success is based on the trust placed in us by our members and the dedication of our incredible team, who deliver on our commitment to being local in every decision.”
NDCU distributed $203,692 to community organizations within its service area to reach the milestone of giving back more than $4.5 million since the launch of the Community Impact Program in 2000.
This year’s corporate reports are available at: www.nelsoncu.com/
Other highlights include:
- Total comprehensive income finished at $1.86 million;
- Total members’ equity increased to $27.27 million;
- Assets increased to $341.03 million; And
- Strong growth from NDCU subsidiaries.