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City cheers Synergy arena sponsorship

By May 29, 2024No Comments
The City of Lloydminster teamed up with Synergy Credit Union to celebrate Synergy’s $260,000 donation for various naming rights at the city’s Cenovus Energy Hub. From left at Tuesday’s event are Counc. Jason Whiting, Synergy’s Lloyd branch manager Gord Thiel and Synergy CEO Glenn Stang. Geoff Lee Meridian Source

 

The City of Lloydminster is celebrating Synergy Credit Union as a true friend of Cenovus Energy Hub this week.

Synergy has stepped up as the sponsor for the lobby staircases and elevator in a joint announcement at the Synergy Lloydminster branch on Tuesday.

“Our investment in Cenovus Energy Hub is $260,000,” proclaimed Synergy’s CEO Glenn Stang to a round of applause.

Stang says the donation is not about the recognition part.

“We donate for the cause,” he explained.

“The cause within the community is exceptional for us; it’s a great focal point for the community. It’s going to bring a lot of new economic development, some new venues and stuff.”

The city says Synergy’s sponsorship of the lobby staircases and elevator is a testament to the member-owned credit union’s principle of inclusivity and accessibility in community spaces.

“This new facility will be inclusive and will be accessible bringing together people from across the region to create unforgettable experiences and countless celebrations,” said Counc. Jason Whiting on behalf of the city.

“Today, with the support and the commitment of the credit union, we begin to create those memories at Cenovus Energy Hub.

“Together we can create a facility where great moments happen and a source of pride for generations to come.”

Stang says the funding for the sponsorship stems from Synergy’s annual commitment of 35 per cent of pre-tax profits to their members, staff and community.

“Every year we kind of shift the money around and spend it from that,” he said, with education, social well-being, economic development and health, the four pillars they invest in.

Stang says he is keeping an eye on construction progress through online drone views.

“It looks pretty cool. I’m pretty excited by the project,” he said.

The new facility is expected to open in late 2025.

Synergy is also providing office space for the upcoming Saskatchewan Summer Games, with the company being the official volunteer sponsor for that as well.

“Volunteer yourself, talk to your family and friends,” said branch manager, Gord Thiel, alluding to a volunteer sign-up tracker in the lobby area.

“Sign up to volunteer. They’ll be happy to have you.”