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HomeNewsLloyd Co-op celebrates 110 years, members receive $5.6 million

Lloyd Co-op celebrates 110 years, members receive $5.6 million

A century is a long time, but for the Lloyd Co-op to celebrate a century plus 10 years of existence and give back to the community including $5.6 million to its over 22,000 members is outstanding. 

At its annual general meeting, the Lloydminster and District Cooperative announced on Monday, May 6, it is returning operational revenue of over $184.3 million and a record savings after tax of $11.3 million.  

The big family came together at the WLS Convention Centre, Lloyd Ex with a $10 ticket donation to the Lloydminster Region Health Foundation. 

Successful candidates from the board election that was held in April are Chantelle Lefevbre, Peter Sandercock, Alan Lorenz, and Stacy Cadzow. Servus Credit Union kept track of the election process and gave their fee as a donation to The Olive Tree.

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Lloyd Co-op donates to The Olive Tree. [Photo: Lloyd Co-op, supplied]
Kemi Antonio, president of the board delivered the Board of Directors’ report with operational details coming from VP of Finance, Don Shaw, and CEO Peter Brown. Sherri Stephens, Board Vice President, presented the new business section. The meeting wrapped up with CEO Peter Brown’s handing out donations and having a question-and-answer with members. 

The Lloydminster and District Co-op is extending its heartfelt gratitude to the community for its consistent support throughout 110 years of service. 

Meanwhile, the next community event that’s happening at the Lloyd Co-op will be the Helping Hands Hurrah on Saturday, May 11. Parents are invited to bring their kids over on Saturday as the Co-op Market Place parking lot will host first responders, emergency vehicles, and a delicious barbecue grilled by Citizens On Patrol (COPS). The action runs from 11 a.m. to 2 p.m.

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