Catalyst Credit Union finished its first full year of operation well in the black.
The credit union posted an after-tax profit of $2.8-million, which was announced at the annual general meeting last Monday.
The AGM was held in Roblin and simulcast to the Dauphin branch.
CEO Ron Hedley says the profits stabilize them and position them for the future very well.
He also says they're proud of the money they made and the way the name Catalyst has been established and accepted by the communities they serve.
