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Credit unions are called caisses populaires in French-speaking communities of Canada. This one is located in Shediac, New Brunswick. Canada has significant per-capita membership in credit unions, representing more than a third of the working-age population. [1] Credit union membership is largest in Quebec, where they are known as caisses ...
Caraquet, New Brunswick: Federal Credit Union, member owned. On 1 July 2016, UNI Financial Cooperation became the first federally chartered credit union. Canadian Imperial Bank of Commerce: 1961 Toronto: Public company, part of Big Five. Formed by the merger of two banks founded in 1867 and 1873.
DUCA was established on May 5, 1954, by Dutch immigrants to Canada under the name Dutch Canadian Toronto Credit Union Ltd. The company introduced a profit sharing program in 1997. In 2010, DUCA shared $7 million with members.
Headquarters. 20 Queen St. West, Suite 2301A. Toronto, Ontario. President. Jeff Guthrie. Website. ccua.com. The Canadian Credit Union Association (CCUA; French: Association canadienne des coopératives financières) is the national trade association for credit unions in Canada (outside the province of Quebec). Founded in 1953, it rebranded to ...
City Savings & Credit Union Ltd. (1 May 2019) – Toronto-based City Savings & Credit Union Ltd. was previously called North York Municipal Employees Credit Union and had two branches and $43 million in assets at the time of the merger. [10] [11] Quinte First Credit Union (1 June 2020) [12] [13]
Meridian is the second largest credit union in Canada, and the largest credit union in Ontario, with more than 365,000 members with total assets under administration of over $28.5 billion. [4] Meridian offers banking, wealth management, credit products and services through 89 branches, and fifteen Commercial Business Centres. [5]
Coast Capital Savings Federal Credit Union (formerly Coast Capital Savings Credit Union) is a member-owned financial co-operative headquartered in Surrey, British Columbia. It has nearly 600,000 members [5] through its 45-location branch network. [6] In 2023, Coast Capital's net income was at $58.5 million.
Routing number (Canada) A routing number is the term for bank codes in Canada. Routing numbers consist of eight numerical digits with a dash between the fifth and sixth digit for paper financial documents encoded with magnetic ink character recognition and nine numerical digits without dashes for electronic funds transfers.