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New Branch Of Peace Hills Trust Opens In Saskatoon

SASKATCHEWAN INDIAN      DECEMBER 1993      v22 n10 p05  
Peace Hills Trust The Grand Opening of the newest branch of peace Hills Trust took place on December 7, 1993 in conjunction with the opening of Veteran's Plaza, on Asimakaneesikan Askiy Reserve land, in Saskatoon. Mayor Henry Dayday had the honour of performing the symbolic ribbon cutting, and welcomed onlookers inside.

Peace Hills Trust obtained a national charter and was incorporated in November of 1980. The trust is one hundred percent owned by the Samson Cree Nation, and is Chaired by past Chief, Victor Buffalo. The Board of Directors consists of thirteen seats, eleven of which are occupied by Native people. The company President and CEO is Warren Hannay, and the new Saskatoon Branch is managed by Tony Shirt.

The vision for Peace Hills Trust is reflected in the company's mission statement, "Peace Hills Trust Company will continue to operate a full service trust company on a national basis with emphasis on the Native Communities."

Currently, approximately 90% of the clientele of Peace Hills Trust are of Native ancestry. A full range of financial services are provided, from personal banking and residential mortgages to managing the Treaty land entitlement monies of various bands. Peace Hills Trust also engages in commercial lending and investments.

Today, Peace Hills Trust has branches in Hobbema, Calgary, Edmonton, Winnipeg, and now in Saskatoon. Centred in the prairie provinces, Peace Hills Trust has the bulk of its clientele right here in the West, however, more and more business is conducted in British Columbia and Eastern Canada. Even the skeptical Department of Finance is a customer of Peace Hills Trust, which, pursues non-Aboriginal business as well. The future outlook is very positive, as Peace Hills Trust has, generated profits and exceeded projected growth for the past eight years. The management and staff of Peace Hills Trust Saskatoon Branch are already very busy, and looking forward to 1994.