Alberta Motor Association

The Alberta Motor Association (AMA) is a non-profit membership organization serving Alberta and the Northwest Territories. The organization was founded in 1926 with 1400 members; original dues were $6.50.[1]

It is headquartered in Edmonton and is affiliated with the Canadian Automobile Association (CAA) and the AAA (formerly American Automobile Association) and has more than 950,000 members as of June 2018.[2] The Alberta Motor Association provides its members with roadside assistance service, a range of auto touring and leisure travel services, insurance services, and member discounts with partners. AMA Financial has also begun offering a variety of mortgage and Guaranteed Investment Certificate products to members.

The Association is one of the largest CAA/AAA affiliates in North America.

AMA publishes its member's Magazine AMA Insider from its Edmonton Headquarters.

The association also owns Bridgewater Bank, a Calgary-based chartered bank.

Fraud Allegations

On August 8, 2016, the AMA announced that an executive was dismissed for cause related to "fraudulent activity".[3] The Canadian Broadcasting Corporation reported the AMA had commenced a lawsuit against the former vice-president of information technology seeking recovery of $Cdn 8.2 million related to fraudulent invoices.[4]

References

  1. ↑ Foran, Max (1982). Calgary, Canada's frontier metropolis : an illustrated history. Windsor Publications. p. 277. ISBN 0-89781-055-4.
  2. ↑ AMA. "About the Alberta Motor Association". Archived from the original on 26 October 2017. Retrieved 2018-06-12.
  3. ↑ August 8, 2016 News Release - https://news.ama.ab.ca/ama-statement/
  4. ↑ http://www.cbc.ca/news/canada/edmonton/lawsuit-alleges-alberta-motor-association-victim-of-8-2-million-fraud-1.3710363
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.