Announcement – Management Change
Bruno Savings and Credit Union Board of Directors is pleased to announce the appointment of Marcel Gauthier as our General Manager as of May 9, 2022.
The Board conducted an extensive search for Bruno Savings and Credit Union’s new leader when Jeff Mark, announced his plans for retirement. With the assistance of Central 1’s People Solutions team Bruno’s Board of Directors have found the right leader in Marcel Gauthier.
Marcel grew up in Manitoba and after graduating from high school he earned a Business Administration Diploma with a Marketing Major from College Universitaire de Saint Boniface. He has his Federal Credit Institute Designation (FCI) and he has his Foundational level Accounting Diploma through the CGA program.
Marcel started his career in St. Denis, Saskatchewan and his wife Ginette has family in the area, and they are very excited to be moving back to Saskatchewan to be closer to family.
Marcel brings over 20 years of leadership experience in the financial services industry and a proven track record of exceeding objectives and expectations. He has experience in GM leadership roles at Caisse Populaire D’Elie Ltee and Caisse Financial Group.
Marcel has specialized in Credit Union executive leadership, lending, and branch management within the financial and credit union systems. Over his financial career he has focused on building meaningful partnerships and he has led teams who have been recognized for their high achievements and excellence status. He has contributed significantly to exceeding growth targets for multiple consecutive years.
Being a champion of community and giving back to the community is a high priority for Marcel and he has served on local boards and is an active leader in the community. He enjoys time in the community with his wife Ginette and his sons Eric and Miguel.
He enjoys participating in community activities, home renovation projects and spending time with his family doing outdoor activities.
Marcel is excited to be working with the team and board at Bruno Savings and Credit Union and will be relocating to Bruno with his family.
Canada Emergency Business Account (CEBA) – Latest Update
The Government of Canada recently announced that the repayment deadline for Canada Emergency Business Account (CEBA) loans in good standing to qualify for partial loan forgiveness and the interest free period end date will both be extended by one year to Dec 31, 2023.
Important reminders regarding the terms of your CEBA Loan:
- Loan forgiveness will apply if the CEBA balance minus the eligible forgiveness amount is repaid by December 31, 2023;
- No interest applies before January 1, 2024;
- Commencing on January 1, 2024, interest will accrue on the balance of the loan at the rate of 5% per annum, payable monthly on the last day of each month;
- The full amount of the loan (including principal and interest) is due and payable on December 31, 2025
For further information or support with your CEBA loan, please contact our office at 306-369-2901.