Oshawa Times (1958-), 26 Feb 1965, p. 30

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"NEW AUTO WORKERS CREDIT UNION BUILDING Oshawa's Auto Workers Credit Union, one of the largest of its kind any- where, reached two mile- stones this year. Their assets topped $10 million for the first time in history, and they moved their opera- tions into a new $400,000 of- fice building. The Credit Union, a limited company, also increased their total membership in 1964 to 12,- $14. The new building, above, located at 322 King street west, was 'started in Credit Union Origin Dates To Year 1954 'The Auto Workers (Oshawa) Credit Union had a membership of 1,253 with total assets of $265,625.01 at the end of 1954. street east used by the credit union for 12 years. The new, two - storey struc- ture was designed by archi- 1964, and will be ready for occupancy at the end of February this year. It re- olaces the building on Bond tect Frank Stalmach, and built by H. M. Brooks, Oshawa. --Oshawa Timés Photo 22A THE OSHAWA TIMES, Friday, February 26, 1965 The Oshawa Chamber of Com- merce played an important part in 1964 y carrying out a num- ber of programs. The Chamber works to pro- mote the civic, economic and social weifare of Oshawa and vicinity The Chamber has acted as the catalyst in promoting a num- ber of civic projects. The Education committee, chaired by Percy Manuel, as- sisted in the formation of an Oshawa Arts Council. The Civic Affairs committee, chaired by Dr. Peter Willson, initiated a preliminary meeting for the purpose of forming a Social Planning Council for Oshawa. Buth of these organizations are operating. The Chamber is con- tinuing to support them. The Cnamber, through its members, also has representa- tives on the Centennial commit- tee, [he Oshawa Planning Board, Oshawa Industrial Com- mission and other similar com- Chamber Has Big Program mittees interested in Oshawa's future, The Chamber has helped make peuple from outside of Oshawa aware of our commun- ity, by bringing them into the/Rt city to tour the Canadian Auto- mctive Museum. The visitors and convention committee has hetped . publicize the city. Througt the co-operation of the committee and the chamber staff sevcra) conventions which were heid in Oshawa received information kits for each of their convention delegates. The Oshawa Chamber has also bees interested in. promot- ing greater trade and com- merce and has worked closel) with Oshawa's Industrial Com- missioner, James Williams. This spicit of co-operation has been mutual, both the Chamber and the Industrial Commission are working io' provide informatior on Oshawa that may interest people i locating here The Oshawa Chamber has or TRS! .. Food Services Owned and Operated by TONY'S Refreshment Service offering a Complete Treasurer - Manager: Leon Davey reported membership at 12,814, and assets had gone over $10,009,000 recently. In 1938, when a few members of UAW Local 222 decided to formulate a co-operative finan- cial organization called a credit union, they did not visualize a! million doliar business Organizing the' Credit Unida| was. basically simple. People were asked to join, and deposit what they could, even if it was only nickels and dimes. The de- posits were ther loaned to mem- bers for their consumer needs. Convincing' people it would work was not simple, however. | The Credit Union struggled along as best it could until March, 1943 when it received an official charter from the On- tario Department of Agricul-| ture. | A. N. (Tony) ESPOSITO President SAM ESPOSITO Vice-President For Presently, all employees of) General Motors, Duplate, Hou- daille, Coulters, Ontario Steel, Fabricated Metals, and General Motors Truck Branch Toronto, qualify for membership In 1959, General Motors grant- ed payroll deductions to their hourly rate employees for Credit Union Purposes. This offered a new service to the members, and hundreds more soon became members | Employces of Duplate, Hou-| daille, Coulters,. Ontario Steel | and Fabricated Metals were} also granted Credit Union pay-| roll deductions soon after _ Today, the Auto Workers (Oshawa) Credit Union is no longer mentioned with a tongue- in-cheek condescending smile. It is a large organization soundly} administeied by a 10 member | Board of Directors, led by Pres-| ident George M. Thompson Al five-emember Credit Committee and a three-man Supervisory Committee capably assist them. A staff of 16 full time em- ployees under the direction of Treasurer-Manager Leon Davey serves the membership. 20 PER CENT REFUND ROCCO ESPOSITO Secretary-Treasurer W. R. (Bob) SINCLAIR General Manager The member-owned organiza- tion, one of the three largest Industrial Credit Unions in On- tario has vaid 444 per cent on Savings for the past five years and annuatiy pays a 20 per cent refund to borrowers. Besides savings, additiona] services in cludé free chequing privileges, along with a Term Deposit Ac- count wnich pays a guaranteed six per cent Persona] loans to a limit 0} $3.000 are available, and near'y 90 per cent of the applications are granted on a same day basis. In June, of 1964, the Auto Workers (Oshawa) Credit Union held a sod turning ceremony to commenioiate the construction of their new building at 322 King street west. The 17,728 square foot structure which includes a 72-space parking lot, a spacious cash area with a capacity for nine cashiers, a loan. depart- ment on the second floor, and a| 200-seat auditorium in the base: ment | | Butter, Eggs Are Listed TORONTO (CP) -~ Wholesale to retail carton eggs, average weighted prices as of Feb. 24 A large 39.4, A.medium. 44.5 A small 30.1. Butter ° prices: Stabilization Board tenderabie cariots: Buving 10 score 53 buying 39 score 52; selling 53. 3 a Agricultura! Catering Service All BRIDES TODAY'S TOMORROW'S and YESTERDAY'S WEDDING RECEPT ANNIVERSARIES CHRISTENINGS TEAS BANQUETS STAGS IONS COCKTAIL PARTIES SHOWERS CHURCH DINNERS CLUB DINNERS COMMUNIONS PICNICS CAFETERIA SERVICE WE DELIVER TO © Homes ® Banquet Halls © Offices ® Clubs FOR ANY ADVICE CONCERNING YOUR PARTY OR BANQUET BOB SINCLAIR - CALL - Catering Manager TONY'S nernesume 800 FAREWELL AVE. 728-7305 © PiG-O-MAT VENDING LTD, © TONY'S Original BAR-B-Q CHICKEN CATERING FOR ALL OCCASIONS 728-7305 SERVICES OSHAWA © MOBILE CANTEEN SERVICE © SOCIAL CATERING ganized in co-operation with the Departne tt of Education, two 10-week courses, The first ourse "Management Account- ing' was. weil received and the secona course "Retail Man- agement" now in operation has also created. interest, apparent by the active part the Osbawa Chamber of Commerce has taken in promoting Region- a! Economic Development and Regiona! Planning. These two areas of regional interest are, and will continue to be of im- err to the Oshawa Cham- r JIN BUREAU The Cnamber is not a better: business bureau but does re- ceive many calls of this nature. Wherever possible, the Chamber office tries to direct these peo- p'e. Jack Mann, _ secretary- Regional) interests were also! manager ot the chamber stated that, unfortunately, many the chambei after they have s.gned » contract or made a particv:ar business transaction, rather thar calling the Chamber 0 fice before committing them- selves, The chamber also takes in interes; in provincial and fed- eral matters Oshawa has been ably represented over the past the Ontario Chamber of Com- merece and vice - president, George Roberts, who has serv- ed on severa! education com- mittees ot the Ontario Cham- ber. Through the policy com- mittee ali policy of both the Chamber has been reviewed} and considered in relation to Oshawa's welfare. Tue most recent accomplish- ment of the Oshawa Chamber cail Ste: \gation of 127 businessmen frem Therese, Que. This. visit ha> esiab'ished a closer. rela- tivuship between. the people of Ontario and | Quebec. GEAR TOO PORTABLE PARIS (CP)--Michel Honorin of the French radiotelevision network went to a_rehabilita- tion centre for ex-convicts to ine terview the centre's director, On leaving he found two tape recorders, a portable broadcast set and other gear valued at $6,000 had been stolen from his parked car. Police suspect it was the work of the unrehabil- itated. HIGH SALES | In 1963 the retail sales per capita in Oshawa were $1,300 and the total retail sales in was the visit here by a dele- Oshawa were $87.5 million. Plumbing a LORNE B. GOODMAN | GOODMA grr GOODMAN nd Heating 725-1044 New Work e Renovations Bathroom & Kite Installations Baseboards ® Hot Water Heating PUC Water Heaters Installed 24 Hour Service Established for Over 20 Years ! PLUMBING & HEATING PHONE 725-1044 'A : Ee ii a i hen Repairs, 758 MARY ST. DON'T MISS THE " OPEN HOUSE at Oshawa Yachthaven You are invited down to see all that's new in boating . . . FRIDAY, FEB. 26th to SATURDAY, MARCH 6th to 6 P.M, SATURDAY to 9 a.m. to 9 p.m.--MONDAY, through FRIDAY Bring your family with you, see the boots, motors and supplies you have been dreoming about all winter . . owaiting your inspection ot Yachtheven. "AT YACHTHAVEN YOU WILL FIND... @ Evinrude Motors @ Evinrude and O.M.C. @ Boating Accessories @ Brydon Boy Marine Hardware and Accessories @ Grew Lapstrake Boats @ Lawn-Boy Power Mowers and Snowblowers @ Snow Cruiser Snowmobiles @ Tee Nee Trailers @ Crestliner Boats @ RCA Radio Marine Navigation Aids @ John Leckie Ltd., Boating Accessories @ Navi-Log Marine Speedometer and Odometer @ Grunert Marine Refrigeration nstallations Complete facilities for REPAIRS AND STORAGE for all sizes up to 60 feet. For More Fun A-Float Visit OSHAWA YACHTHAVEN HARBOUR R D., OSHAWA 728-1901 ELST RTT NGS MEETS

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