Ron Thom
pso n,
F CU IC , AC
U IC
Pro Profile:
Name of Player:
Ron Thompson
Position: Business Relationship
Manager
Contact:
Location: Ron is available to
visit you at your nearest Synergy
Credit Union Service Centre or
at your business or agriculture
operation
Telephone: 866.825.3301
Email: Ron.Thompson@
synergycu.ca
Training:
Education:
• Diploma Business
Administration
• Fellow of the Credit Union
Institute of Canada
• Associate Credit Union Institute
of Canada – Specialty in Lending
Career Stats:
Ron’s Team:
The Business Banking Centre Team (Your Special Teams Line-up)
Our Business Banking Centre Team can take a look at your situation and develop strategies
customized to meet your needs. We can analyze your business game plan, and help with
budgeting, cash flow, expanding your business, and assisting in developing strategies to
help your business continue to flourish and grow. We are ready to deliver forward-thinking
strategies and our team of experts will use their specialized accreditations, knowledge and
skills to help you achieve your goals. It’s game time.
Financial Coaching Tips:
Protecting Your Business – A good buy-sell agreement helps to protect the interests of
each partner (or shareholder) and his or her family by clearly laying out the rules for buying
and selling shares in many different circumstances. It also helps to ensure the business can
continue even if a key participant leaves.
Cover all possibilities: The agreement needs to cover many different situations, such as death,
mental or physical disability, third-party offers, disagreements, bankruptcy and insolvency or
if either partner wishes to leave the partnership.
Establish fair value: The agreement should also provide a method for how to value their shares
if any of these situations may occur.
Get advice: Planning for multiple situations may be a complex process. Professional advice is
essential in helping prepare and properly fund an effective buy-sell agreement, employee’s
death or other unexpected event.
This also guarantees that there is a buyer for the deceased’s shares and that both partners’
wishes are determined ahead of time, reducing stress if this should occur.
Professional advice can help determine what would benefit your business or agriculture
operation.
Recruited to Synergy:
Over 22 years experience in the
Credit Union system, including
over 15 years in lending and over
10 years in management.
Key Plays:
• Commercial and Ag Lending
(Mortgages and Loans)
• New Construction and multiple
unit development
• Income/Rental properties
• Business consulting and advice
• Expertise on Canadian Small
Business Financing Act
Book an Appointment with Ron in-branch, online or by calling
our Member Contact Centre toll-free at 1.866.825.3301.
Ron would be pleased to assist your business or agriculture operation at your
nearest Synergy Credit Union Service Centre.
Or let us come to you! Ron is mobile and can travel to meet with you at your
place of business, agricultural operation or home residence.
www.synergycu.ca