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WCG ending title sponsorship of main arena, now Westoba Place

WCG ending title sponsorship of main arena, now Westoba Place

Trevor B

Joined: Apr 2005
Posts: 8881

Trevor B
Joined: Apr 2005
Posts: 8881

Going
2/1/2018 at 8:42 AM

to seem a little weird for the next few Wheat King games not seeing the Westman Place signage around the arena.
Truck Chick
Joined: Jun 2006
Posts: 1880

Truck Chick
Joined: Jun 2006
Posts: 1880

“eBrandon Forum”
2/1/2018 at 12:53 PM

That was my favourite X-D
Adam

Joined: Mar 2005
Posts: 15663

Adam
Joined: Mar 2005
Posts: 15663

Name
2/1/2018 at 1:02 PM

Another possibility would be some form of cooperation between Credit Unions.... the Saskatoon arena was once known as "Credit Union Centre."

or maybe "Maple Leaf Gardens" is ready for a comeback?

Edited by Adam, 2018-02-01 13:09:12
Johnbisonbear
Joined: Mar 2010
Posts: 4183

Johnbisonbear
Joined: Mar 2010
Posts: 4183

after all the money
2/1/2018 at 1:09 PM

that has gone to fix up the airport for WJ maybe they can give back to our community and call the centre 'WestJet Place'.
Suckie
Joined: Feb 2007
Posts: 208

Suckie
Joined: Feb 2007
Posts: 208

Arena
2/1/2018 at 1:10 PM

I almost guarantee Bell MTS wont be the one. Brandon inst a big enough market in comparison to Winnipeg. They likely wont go for it because they are spending money where it matters on the infrastructure for TV + Internet

Outside of WPG Bell doesn't much care for.

Could be wrong but i doubt its gonna be Bell MTS.
Tepid

Joined: Aug 2010
Posts: 10

Tepid
Joined: Aug 2010
Posts: 10

Call it PEP...
2/1/2018 at 4:31 PM

...Pizza Express Place!
Dozer
Joined: Apr 2017
Posts: 36

Dozer
Joined: Apr 2017
Posts: 36

Canad Inns
2/1/2018 at 6:05 PM

Doesn’t have the money to spend on naming rights.
Mikey00130
Joined: This month
Posts: 29

Mikey00130
Joined: This month
Posts: 29

New arena name
2/1/2018 at 7:48 PM

I was going to say Maple Leaf, but Adam shot it out first... Maybe we should get CP or CN to kick up on it...
Whaz up
Joined: Apr 2005
Posts: 1070

Whaz up
Joined: Apr 2005
Posts: 1070

Announcement 10:30 TODAY - Live on BDNMB.CA
2/2/2018 at 10:13 AM

At 10:30 AM today http://BDNMB.CA will be live at the Keystone Centre to stream the Press Conference for the new naming rights
BillJ76
Joined: Dec 2015
Posts: 44

BillJ76
Joined: Dec 2015
Posts: 44

.
2/2/2018 at 10:18 AM

Leaked last night. Westoba Place.
Adam

Joined: Mar 2005
Posts: 15663

Adam
Joined: Mar 2005
Posts: 15663

Westoba
2/2/2018 at 10:38 AM

Westoba Place it is, an eight year agreement!
Adam

Joined: Mar 2005
Posts: 15663

Adam
Joined: Mar 2005
Posts: 15663

Financials
2/2/2018 at 10:54 AM

Also just to add re the financials I understand it's approx $2 million over the eight years, which is not insignificant compared to the amount on the previous ten year agreement even after factoring in inflation. Monday Feb 19 will be the first day that the name is officially in place and it sounds like lots of work being done on signage. On the 19th they''ll be kicking things off with a Family Fun Day with petting zoo, a big toy explore zone and a public disco skate.

Theres quite a bit more info at http://westobacu.com/about-us/community-involvement/westoba-place-announcement-celebration/

Edited by Adam, 2018-02-02 11:07:07
Whaz up
Joined: Apr 2005
Posts: 1070

Whaz up
Joined: Apr 2005
Posts: 1070

Westoba Membership Fastlane Privlages
2/2/2018 at 12:18 PM

Interesting how Westoba clients will have first dibs on event ticket purchasing. As shown on the anouncement.
achuckrey
Joined: Jun 2011
Posts: 906

achuckrey
Joined: Jun 2011
Posts: 906

:.:
2/2/2018 at 1:54 PM

Slo mo said "Interesting how Westoba clients will have first dibs on event ticket purchasing. As shown on the anouncement. "

Why is this a bad thing? Great marketing imo.
Adam

Joined: Mar 2005
Posts: 15663

Adam
Joined: Mar 2005
Posts: 15663

Idea
2/2/2018 at 2:33 PM


adc said "

Slo mo said "Interesting how Westoba clients will have first dibs on event ticket purchasing. As shown on the anouncement. "

Why is this a bad thing? Great marketing imo. "

I dont see where Slo mo said they thought it was a bad idea. As an high percentage user of the word "interesting" myself I can attest to the fact that it can also refer to good things or at least curiosity

That part caught my eye too. Hard to say completely until we see it in action and how it works, but from a Westoba marketing perspective you'd have to think that has a chance to be the most valuable part of this deal. From a Keystone (and in effect taxpayer) perspective, if that part of this was how they were able to provide (and charge for) more value than the previous naming deal I'd be encouraged too. As a dude who has opinions sometimes even expresses them I "seek first to understand, then be understood" and will wait to see the logistics of how the "fast lane" lines would work before I decide on my final two cents tho I'm sure they'll try to strike the right balance that keeps everyones needs in mind!
TLDR: interesting
JackAzz
Joined: Jul 2008
Posts: 1436

JackAzz
Joined: Jul 2008
Posts: 1436

At first glance
2/2/2018 at 3:53 PM

Slo mo said "Interesting how Westoba clients will have first dibs on event ticket purchasing. As shown on the anouncement. "

I don't like it. I was a Westoba member at one time but their customer service was abysmal. I won't be going back just for early ticket purchases, that's for sure!

Don't get me wrong, its great that they stepped up and are supporting the community. Just don't care for the idea of the ticket thing.
Trevor B

Joined: Apr 2005
Posts: 8881

Trevor B
Joined: Apr 2005
Posts: 8881

Interesting
2/2/2018 at 5:45 PM

how some think the entire complex lost or losing the name Keystone Centre. No, the entire complex as a whole is still and always has been the Keystone Centre. It's just the main arena that will be Westoba Place. It's just like Canada Room, Manitoba Room, MNP Hall, Enns Brothers Arena, Kinsmen Arena. They are all names of individual locations withing the Keystone Centre. Prior to WCG getting the naming rights it was just known as the Main Arena.
MichaelP
Joined: Feb 2017
Posts: 57

MichaelP
Joined: Feb 2017
Posts: 57

Westoba Credit Union
2/5/2018 at 10:18 AM

Can someone please explain to me what the heck is going on at Westoba? I don't understand the thinking of spending $2M on purchasing the name rights to the Keystone Centre. First they close a bunch of their rural branches due to, and I quote "From our perspective, we need to be able to reduce our costs and redirect funds towards improved technology and staff development in order to compete."

They close their main branch in Brandon after spending how much on a sky bridge so their corporate staff to save themselves from walking outside. Reason their for this... “We are becoming a more nimble credit union —adapting quickly to the changing needs of members and doing business the way they want,” says Westoba CEO Jim Rediger. “Across the financial industries sector, the way people bank is changing. There is increased pressure for more digital channels. We’re committed to meeting member needs by providing mo re convenient services and flexible options, while continuing to build strong long-term relationships through excellent service and quality financial advice.”

I just do not understand the rational for their spending. Seems like current management is making some critical errors. Do they forget that Credit Unions are owned by their membership? After all, as a member, you are also a shareholder...
BlueAngel
Joined: Feb 2015
Posts: 40

BlueAngel
Joined: Feb 2015
Posts: 40

Westoba Credit Union
2/5/2018 at 10:46 AM

I totally agree with you!!

My first thought was, "Why not use that money to get rid of client fees?"

Nothing bothers me more than getting charged 69 cents each time I transfer money from one account to another. I get charged this whether I transfer in person, on the phone or online.

IT IS MY MONEY!

I can totally understand fees for chequing because that requires some sort of administrative effort on their part.

I know there are packages you can 'buy' in order to escape these service charges, but I don't use their services enough to warrant 'buying' these packages. And again, here I go, paying for a service that uses MY MONEY!
foxtrot11
Joined: Feb 2009
Posts: 2688

foxtrot11
Joined: Feb 2009
Posts: 2688

FYI
2/5/2018 at 11:07 AM

The walkway was NOT built so pampered employees wouldn't have to walk outside, it was built because it was the cheaper option than renovating to put elevators into the main branch -which was mandated by the government BTW.

That said, as a soon to be ex member of Westoba (due to poor business practices and some of the same complaints noted above), I too, think this is a complete waste of money and should have been voted on by members.

Funny thing, when members are asked to vote, they never seem to bother. And it's not like Westoba doesn't make it easy to vote either....

RantsFromAfar
Joined: Mar 2006
Posts: 283

RantsFromAfar

Joined: Mar 2006

Posts: 283

******

2/5/2018 at 12:10 PM

BlueAngel said "I totally agree with you!!

My first thought was, "Why not use that money to get rid of client fees?"

Nothing bothers me more than getting charged 69 cents each time I transfer money from one account to another. I get charged this whether I transfer in person, on the phone or online.

IT IS MY MONEY!

I can totally understand fees for chequing because that requires some sort of administrative effort on their part.

I know there are packages you can 'buy' in order to escape these service charges, but I don't use their services enough to warrant 'buying' these packages. And again, here I go, paying for a service that uses MY MONEY! "

Yeah, Westoba was great for my mortgage when I had one... but my regular bank is Tangerine. I like no fees.

Fishin Guy
Joined: Dec 2005
Posts: 6897

Fishin Guy

Joined: Dec 2005

Posts: 6897

....

2/5/2018 at 12:55 PM

MichaelP said "
Can someone please explain to me what the heck is going on at Westoba? I don't understand the thinking of spending $2M on purchasing the name rights to the Keystone Centre. First they close a bunch of their rural branches due to, and I quote "From our perspective, we need to be able to reduce our costs and redirect funds towards improved technology and staff development in order to compete."

They close their main branch in Brandon after spending how much on a sky bridge so their corporate staff to save themselves from walking outside. Reason their for this... “We are becoming a more nimble credit union —adapting quickly to the changing needs of members and doing business the way they want,” says Westoba CEO Jim Rediger. “Across the financial industries sector, the way people bank is changing. There is increased pressure for more digital channels. We’re committed to meeting member needs by providing mo re convenient services and flexible options, while continuing to build strong long-term relationships through excellent service and quality financial advice.”

I just do not understand the rational for their spending. Seems like current management is making some critical errors. Do they forget that Credit Unions are owned by their membership? After all, as a member, you are also a shareholder...
"

I thought about the costing too. They serve 37,000 members. Each member would be contributing $54 to the naming rights or $6.75 per year.

Even with Westman Communications. As a customer you buy into the company and get an equity cheque. Wouldn't the almost million they dished out not be better spent upgrading equipment or controlling costs for customers?

I have never to this day called the facility anything else other than the Keystone Center.

Opustwo
Joined: Jul 2016
Posts: 308

Opustwo
Joined: Jul 2016
Posts: 308

My vote
2/5/2018 at 1:01 PM

as a Westoba member this was the last straw. I'm in the process of moving my accounts. To bad they won't notice me gone, but I'm not leaving my money with them to be mismanaged. I'm all for community support, but telling us one week that we need to save money, close branches, etc then suddenly have the funds to pay for sponsorship. Seems someone just wants to make a name for themself.
Johnbisonbear
Joined: Mar 2010
Posts: 4183

Johnbisonbear
Joined: Mar 2010
Posts: 4183

why does this
2/5/2018 at 1:04 PM

have to become a 'mud-slinging' match against Westoba?

It's good that a company is willing to pay cash to the KC.

BTW, I am a Westoba member and have been since I started banking.

Fishin Guy
Joined: Dec 2005
Posts: 6897

Fishin Guy

Joined: Dec 2005

Posts: 6897

...

2/5/2018 at 2:13 PM

Johnbisonbear said "have to become a 'mud-slinging' match against Westoba?

It's good that a company is willing to pay cash to the KC.

BTW, I am a Westoba member and have been since I started banking. "

I don't think it is just at Westoba. I know I throw mud at the Royal Bank when they do free promotions for new customers. I explain that I never get anything for being a customer but are sure quick to shower new customers with expensive goods.

fargobob

Joined: Nov 2005
Posts: 3711

fargobob
Joined: Nov 2005
Posts: 3711

not so much mud slinging
2/5/2018 at 2:36 PM

Voicing one's opinion is not so much mud slinging, it's simply airing your thoughts on something that, as noted above, has affected some Credit Union members in a negative way.

I'm a fairly long time member and wasn't real happy about the branch downtown closing. If this was a measure to cut costs, then I also would have to question the spending of this kind of money on advertising or a sponsorship of the Keystone Center. My thoughts are that there was a better way for the Westoba members to get a better (more appropriate) bang for their money. It would be interesting to see what polling the membership would show for support of this type of expenditure, percentage wise.

While I'm happy to see there is community support for the Keystone Center, I'm having a bit of trouble with grasping the whole thought process Westoba has put into recent decisions.
Johnbisonbear
Joined: Mar 2010
Posts: 4183

Johnbisonbear
Joined: Mar 2010
Posts: 4183

fargobob
2/5/2018 at 2:56 PM

I wasn't happy when 10th. street was closed either but the First street branch suits me fine now, parking for one thing is better.

By the way people are talking WCG should have given their customers a discount on their TV or internet too instead of 'wasting' a million on the Keystone naming rights.

As for the mudslinging, read above comments, sounds like some people were not happy with service, fees and couldn't wait to post their opinions either!
Trevor B

Joined: Apr 2005
Posts: 8881

Trevor B
Joined: Apr 2005
Posts: 8881

Discussion
2/5/2018 at 4:03 PM

about how banks and credit unions operate should be in a separate thread.

As for title sponsorships, does Rogers reduce their fees because they have their name on the Rogers Centre (Toronto), Rogers Centre (Vancouver), Rogers Place (Edmonton), plus many more places. Many other banks and credit unions title sponsor facilities. The arena in Saskatoon was once called Credit Union Place, Scotia Bank Saddledome in Calgary. Innovation Credit Union is the title sponsor of the arena in Swift Current. Do they reduce their fees because they are a title sponsor?
Blessed
Joined: Oct 2014
Posts: 9

Blessed
Joined: Oct 2014
Posts: 9

Westoba feelings
2/5/2018 at 5:45 PM

I question spending the $2million on advertising, but all advertising can seem confusing to us non advertising professionals. $5 million for 30 seconds on the Super Bowl boggles my mind too. I do think that Westoba Place will be used a lot more frequently than the long and clumsy name of the previous sponsor. Westoba Place is kind of catchy. I no longer transfer. I ask them to withdraw $ from one account and put it in another. It works very well without attracting a fee. I do love the service at the Souris Branch. They really look after us and give great rates to regular customers.
Alrighty then
Joined: Apr 2014
Posts: 149

Alrighty then
Joined: Apr 2014
Posts: 149

Downtown location
2/5/2018 at 6:00 PM

I wonder how many years the convenient main Westoba branch could have stayed open for $2 million? I drive by the main branch almost every week day to work and numerous contractor vans are still there. How much is this costing it’s members? Mismanagement comes to mind.