Credit Unions in Manitoba
This Page's Content Was Last Updated: December 23, 2022
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Largest Credit Unions in Manitoba
(More than 50,000 members)
SCU is the largest credit union in Manitoba and the eighth largest in Canada. SCU was founded in 1941 and has never merged or acquired other credit unions.
- Services: Everyday Banking, Mortgages, Loans, Investments, Insurance, Business Services
- Branches: 3
- Members: 110,009
- Assets: $9,543,311,903
| Lender | Term | Rate | |
|---|---|---|---|
| 1-Year Fixed | 5.65% | ||
| 2-Year Fixed | 5.45% | ||
| 3-Year Fixed | 5.10% | ||
| 4-Year Fixed | 4.90% | ||
| 5-Year Fixed | 4.80% | ||
* Rates are for informational purposes only and reflect the lowest rates available. Rates may change at anytime and may be applicable only to certain borrowers. Terms and conditions apply. | |||
Access became Manitoba's largest credit union after merging with Noventis Credit Union and Sunova Credit Union, Carpathia Credit Union and Casera Credit Union in 2022 and 2023. Access Credit Union is a Canadian credit union formed by multiple smaller southern Manitoba credit unions mergers.
- Services: Everyday Banking, Mortgages, Loans, Investments, Insurance, Business Services
- Branches: 58
- Members: 205,021
- Assets: $12,382,022,182
- Mortgage Rate Page
ACU was initially developed for employees of the Winnipeg Electric Company. Today, it's open to the general public of Manitoba. Assiniboine was formed in 1943 by electric company employees. It is named after the street it was founded on. Entegra Credit Union merged into ACU on January 1, 2022.
- Services: Everyday Banking, Mortgages, Loans, Investments, Insurance
- Branches: 18
- Members: 144,015
- Assets: $6,067,731,381
- Mortgage Rate Page
Cambrian Credit Union is one of the largest credit unions serving the Winnipeg and Selkirk regions. Since 1959, Cambrian has grown partly through mergers with other credit unions to become one of Manitoba's largest credit unions.
- Services: Everyday Banking, Mortgages, Loans, Investments
- Branches: 11
- Members: 69,621
- Assets: $4,802,865,247
- Mortgage Rate Page
Other Credit Unions in Manitoba
| Name | History | Branch, Members & AUM |
|---|---|---|
Westoba Credit Union | On October 3, 1963, they launched as Brandon Consumers Credit Union Society Ltd. Four years later, they opened our first full-time office and hired a full-time manager. | 14 Branches, 42,673 Members and $1,553,337,072 Assets |
Sunrise Credit Union | Sunrise Credit Union was officially formed in 2008 through the merger of Virden, Turtle Mountain, Hartney, Tiger Hills, and Cypress River. | 19 Branches, 34,393 Members and $1,909,026,979 Assets |
Fusion Credit Union | In 2017, Vanguard and Catalyst credit unions joined to form Fusion. | 18 Branches, 29,863 Members and $1,511,546,389 Assets |
Stride Credit Union | SCU was founded in 2017. | 5 Branches, 19,677 Members and $1,003,392,608 Assets |
Rosenort Credit Union | RCU was founded in 1940 with fourteen members. The credit union had a total of $70 in deposits. | 3 Branches, 7,045 Members and $703,764,622 Assets |
Niverville Credit Union | In 1949 NCU had their first general meeting where 23 members subscribed. The credit union had a total of $150.75 in shares. | 3 Branches, 9,847 Members and $518,102,495 Assets |
Swan Valley Credit Union | On June 10, 1953, twelve individuals met in the Swan River Legion Hall for the purpose of establishing a credit union. A total of $60.75 was pledged in capital, and the history of Swan Valley Credit Union began. | 2 Branches, 7,010 Members and $347,009,063 Assets |
Belgian Alliance Credit Union | A Reverend founded BACU in 1939 to meet the needs of local parishioners. In 1949, the credit union expanded its services to Belgian and Dutch descendants. In 1970, the credit union opened the public of Manitoba. | 3 Branches, 5,000 Members and $230,644,097 Assets |
Compass Credit Union | In 2018, two credit unions, from Brandon and Erickson, became Compass Credit Union. | 3 Branches and $221,917,252 Assets |
Winnipeg Police Credit Union | On November 9, 1949, the Winnipeg City Police Employees Credit Union Society Limited commenced operation with a part-time manager and a tiny operating capital. | 2 Branches and $211,681,119 Assets |
Median Credit Union | Over 40 years ago, Me-Dian opened as a credit union exclusively for the Métis population. Over time they expanded to include the entire indigenous population. In 2009, they opened to the public. | 1 Branch, 3,725 Members and $118,585,482 Assets |
Caisse Financial Group | The credit union was first established in St. Malo in 1937 with 29 members. | 19 Branches, 34,645 Members and $2,042,708,094 Assets |
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