2017 Press Releases

Credential Financial makes significant donation to the Co-operative Development Foundation of Canada

by Ariana Sairafi | May 03, 2017

Substantial pledge empowers marginalized people around the world to create their own path to financial stability.

Ottawa, Ontario, May 3, 2017 – The Co-operative Development Foundation of Canada (CDF) received a generous donation from Credential Financial, the largest provider of wealth management services to Canada's credit unions.

The funds raised by CDF, mostly from Canadian co-operatives and co-op members, are used to alleviate poverty by building and strengthening financial and non-financial co-ops in developing countries through a variety of programs.

"Credential Financial is committed to supporting communities in need through empowerment and development," said Doce Tomic, President & CEO of Credential Financial. "This gift of $45,000 over three years is a meaningful way for our organization to live out the co-operative principles and positively impact the lives of thousands of people around the world. We hope that our gift will also help motivate others to support CDF and the important work they do."

Credential Financial is a national wealth management firm created by a group of Canadian credit unions 25 years ago to serve the wealth needs of individual credit unions and their communities. Through dynamic corporate giving programs and a vibrant culture of community involvement and volunteerism, they are committed to empowering positive growth in the places their employees live and work.

With this generous gift, Credential Financial joins the many credit unions and co-ops across the country supporting CDF through financial contributions and volunteered staff time.

"We applaud Credential Financial for taking its core values to the global stage," said Michael Casey, Executive Director, CDF and the Canadian Co-operative Association. "This money will go a long way to helping families in Africa, Asia and the Americas employ time-tested tools of co-operation to improve their life circumstances."

About the Co-operative Development Foundation of Canada

The Co-operative Development Foundation of Canada (CDF) is a registered charitable organization. It raises funds, mostly from Canadian co-operatives and co-op members, to help alleviate poverty by building and strengthening financial and non-financial co-ops in developing countries. Working with the Canadian Co-operative Association (CCA) and other partners, it helps poor communities fight poverty and create more secure lives through community-owned co-ops. For more information, visit: www.cdfcanada.coop.

For more information, please contact:

David Dern
Manager, Fundraising
Co-operative Development Foundation of Canada
Canadian Co-operative Association
(613) 238-6711 ext. 219
David.Dern@coopscanada.coop

About Credential Financial Inc.

Credential Financial is a national wealth management firm created by a group of Canadian credit unions 25 years ago to serve the wealth needs of individual credit unions and their communities.

Credential Financial and its member companies (Credential Asset Management, Credential Securities, Credential Correspondent Partners, Credential Direct, and Credential Insurance Services) provide MFDA and IIROC dealer services, trading and custodian services, online brokerage, and insurance solutions to approximately 200 credit unions and independent financial institutions.

For more information, visit www.credential.com or contact mediarelations@credential.com.

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