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Assiniboine Credit Union (ACU) is a credit union based in Winnipeg, Manitoba. ACU was formed in 1943 by 15 employees of the Winnipeg Electric Company who got together to form the credit union. [5] [6] They named the new credit union after the street their company headquarters was onβAssiniboine Avenue.
At the end of 2001, Canada's credit union sector consisted of 681 credit unions and 914 caisses populaires, with more than 3,600 locations and 4,100 automated teller machines. By the end of 2019, consolidation reduced this number to 251 credits unions and caisses populaires outside Quebec, according to the Canadian Credit Union Association (CCUA).
Lowe Farm Credit Union (1938) joined in 2010. Community Credit Union and Sanford Credit Union followed in 2013. Access merged with Winnipeg's Crosstown Civic Credit Union in 2021. Access Credit Union also operates a wholly owned subsidiary in Credential Financial Strategies and is part owner in an insurance subsidiary.
The largest of these include Vancity, Coast Capital Savings, Meridian Credit Union, Servus Credit Union, First West Credit Union, Alterna Savings and Credit Union Limited, Conexus Credit Union, Affinity Credit Union, Steinbach Credit Union, and Assiniboine Credit Union. 272 of these credit unions and caisses populaires were affiliated through a ...
Founded in Steinbach, Manitoba, in 1941, Steinbach Credit Union (SCU) is a Canadian financial institution that provides a range of products and services to over 110,000 consumer, business, and agricultural members. With more than $9.5 billion in assets, SCU is among the largest credit unions in Manitoba, and in the top 10 in Canada.
The Canadian credit union movement began in 1900 with the foundation of a Caisse Populaire β the French-Canadian equivalent of a credit union β in Levis, Quebec. Its founder, Alphonse Desjardins, was a French stenographer in the federal House of Commons in Ottawa.
In 2016, he took on a role within the financial services sector, eventually becoming the director of strategy and operations for Assiniboine Credit Union, one of the largest community-owned financial institutions in Manitoba. During this time, he studied project management at the University of Winnipeg.
Affinity Credit Union is a financial institution headquartered in Saskatoon, Saskatchewan, Canada, with headquarters in the city of Saskatoon. As of August 2023, Affinity operates 50 branches in 47 communities across Saskatchewan. It is the largest credit union in Saskatchewan and the tenth-largest in Canada, with $7.6 billion in managed assets.
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