1st Choice Savings & Credit Union is a Lethbridge based financial cooperative with roots reaching back to 1938, when St. Patrick’s Credit Union began serving members in the city. A separate predecessor, Lethbridge Central Savings & Credit Union, was formed in 1941 and later became Southland Credit Union through local amalgamations. In 2001, Southland and St. Patrick’s joined together to create 1st Choice Savings.

Today, 1st Choice serves communities across southern Alberta with personal, business, and agricultural banking, including lending, mortgages, investments, and financial advice. Its work is focused on cooperative ownership, local service, and financial support for families, farms, and businesses in the region.

As a member owned cooperative, 1st Choice emphasizes fair treatment, personalized service, and the use of member deposits to support local financial activity.

1st Choice Savings & Credit Union Ltd

6ix Mortgage Group

6ix Mortgage Group_AB

Access Credit Union is Manitoba’s largest credit union, shaped by decades of consolidation among community based credit unions across the province. Its roots reach back to early Manitoba credit unions formed in the 1930s and 1940s. More recent mergers with Noventis, Sunova, Carpathia, Casera, and Amaranth Credit Unions helped expand Access into a province wide cooperative serving both Winnipeg and rural Manitoba.

As a member owned financial institution, Access offers personal and business banking, mortgages, investments, wealth management, and access to insurance services. It has also been recognized repeatedly as one of Manitoba’s Top Employers.

Access combines local credit union roots with the scale to serve communities across Manitoba. Its work focuses on member service, community investment, and cooperative financial services for individuals, businesses, and local organizations.

Access Credit Union

Achieva Financial

Affinity Credit Union is one of Saskatchewan's largest credit unions, headquartered in Saskatoon and serving communities across the province. Formed in 2005 through the consolidation of Saskatchewan credit unions, Affinity operates as a member owned cooperative with a focus on local ownership and community reinvestment.

Affinity states that member deposits are reinvested and circulated in Saskatchewan through loans and mortgages that support individuals, families, farms, businesses, and communities. It offers personal and business banking, mortgages, loans, investments, and financial advice. Its subsidiary, Affinity Insurance, provides home, auto, business, and farm insurance services.

Affinity is also a member of the Global Alliance for Banking on Values, an international network of financial institutions focused on social, environmental, and economic impact through finance.

Affinity Credit Union

Alpine Credits

Alterna Bank

Alterna Savings traces its roots to the Civil Service Savings and Loan Society, founded in Ottawa in 1908 by federal civil servants seeking a cooperative alternative to high cost moneylenders. Alphonse Desjardins helped support its creation, and the institution became the first full service, member owned cooperative financial institution in Canada outside Quebec.

Alterna took its current name in 2005 after the merger of CS CO-OP Credit Union and Toronto’s Metro Credit Union. It has since expanded through additional mergers with Ontario credit unions while continuing to operate as a bilingual, member owned financial cooperative.

Alterna also owns Alterna Bank, a direct banking subsidiary that serves Canadians nationally. Together, Alterna Savings and Alterna Bank provide banking, lending, investment, and financial services with a focus on financial inclusion, community lending, and accessibility.

Alterna Savings

Amex Bank of Canada

Assiniboine Credit Union, now operating as Assiniboine Credit Union / Caisse Assiniboine, traces its origins to 1943, when Ed McCaffrey and co-workers from the Winnipeg Electric Company formed an open bond credit union in response to wartime financial hardship and high cost moneylending. It later grew into one of Manitoba’s largest credit unions, serving urban, rural, and northern communities.

ACU is a certified B Corporation and has been recognized as one of Canada’s Greenest Employers. Its community work includes financial inclusion, reconciliation, and support for people and neighbourhoods with limited access to traditional financial services.

ACU was the first financial institution in Manitoba to sign the Winnipeg Indigenous Accord. Following its merger with Caisse Financial Group and Westoba Credit Union, it operates as a bilingual, member owned financial cooperative offering French language services.

Assiniboine Credit Union

Atlantic Edge Credit Union is a Newfoundland and Labrador credit union formed through mergers among regional credit unions across the province. Its oldest roots trace to 1984, when Eagle River Credit Union was established along the Labrador Coast to support access to banking in remote coastal communities connected to the Labrador fishery.

Eagle River later amalgamated with Leading Edge Credit Union to form the original Atlantic Edge Credit Union. On January 1, 2024, that institution merged with EasternEdge Credit Union and Hamilton Sound Credit Union to create the current Atlantic Edge Credit Union.

Today, Atlantic Edge serves communities across Newfoundland and Labrador with personal and business banking, borrowing, mortgages, investments, and financial advice. Its operations reflect a cooperative model focused on local decision making and financial services for island and Labrador communities.

Atlantic Edge Credit Union

B2B Bank

Bank of China

Beem

Beem Credit Union is a British Columbia based credit union with more than eight decades of cooperative banking history through its founding organizations. It was formed in 2024 through the merger of Interior Savings Credit Union and Gulf & Fraser Credit Union, bringing together regional credit union networks that included brands such as North Peace Savings and GFCU Savings.

Beem later expanded through its merger with BlueShore Financial, creating one of British Columbia’s largest provincially regulated credit unions. It serves members from Metro Vancouver and the Fraser Valley through the Interior, Cariboo, and Northern British Columbia.

Beem has also invested in digital banking, including a modern core banking system, digital platform, and website. These investments are intended to improve convenience, security, and member service while maintaining a member owned cooperative structure.

Beem Credit Union

Benoit Bourque

Bloom

Banff Savings & Credit Union was founded in 1953 in Banff, Alberta. Its early history included founding partners Harry and Felicia Pedhirney and Harry and Bella Hiscock, with Felicia Pedhirney serving in management and board roles for many years.

In 1975, the institution amalgamated with Canmore Credit Union and adopted the Bow Valley Credit Union name. It later expanded into additional Alberta communities, including Cochrane, Calgary, and Airdrie. Headquartered in Cochrane, Bow Valley serves members with personal and business banking, lending, mortgages, investments, and financial advice.

Bow Valley has also pursued financial service innovation. In 2025, it launched a Bitcoin Gateway in partnership with fintech providers, positioning the credit union as an adopter of digital asset services within the cooperative banking sector.

Bow Valley Credit Union Ltd.

Bridgewater Bank

Brunswick Credit Union was launched in 2023 through the amalgamation of Bayview Credit Union, Advance Savings Credit Union, and Progressive Credit Union. The merger created the largest provincially regulated credit union in New Brunswick and brought together cooperative institutions serving communities across the province.

Brunswick continues to recognize its legacy divisions, allowing members to keep familiar local connections while accessing the resources of a combined organization. As a member owned cooperative, it provides personal and business banking, lending, mortgages, investments, and financial advice.

Brunswick supports New Brunswick communities through corporate donations, scholarships, volunteerism, and local investment. Its work is focused on member service, community support, and cooperative banking that returns value to members and communities rather than outside shareholders.

Brunswick Credit Union

Buduchnist Credit Union, known today as BCU Financial, was founded in Toronto in 1952 by Ukrainian newcomers who pooled their savings to create a community based financial institution. The name Buduchnist means “future” and reflects the organization’s origins in a newcomer community building financial support in Canada.

BCU has grown into a full service financial group serving members across Ontario. Through BCU Financial Group, it offers personal and business banking, lending, mortgages, investments, wealth management, and related financial services. It also supports Ukrainian Canadian cultural, educational, charitable, and community organizations through BCU Foundation.

BCU Foundation has supported humanitarian aid efforts for Ukraine since 2014, with continued fundraising, donation matching, and community support.

Buduchnist Credit Union (BCU)

Bulkley Valley Credit Union was founded in May 1941 and serves communities in the Bulkley Valley region of northwestern British Columbia. Headquartered in Smithers, it provides financial services to members in communities from Burns Lake to the Hazeltons.

The credit union offers personal and business banking, mortgages, loans, and investment services, with insurance and financial planning available through related divisions. Its governance structure includes a board of directors elected by members, keeping oversight connected to the communities it serves.

As a member owned cooperative, Bulkley Valley Credit Union shares a portion of its financial success with members through patronage returns. Its work focuses on local decision making, member service, and financial support for individuals, businesses, and communities in northwestern British Columbia.

Bulkley Valley Credit Union

Butler Mortgage

Butler Mortgage_AB

Butler Mortgage_BC

Butler Mortgage_cashback

Butler Mortgage_ON

Caisse Alliance

Caisse Populaire

Caisse populaire Alliance, operating as Caisse Alliance, is a Francophone cooperative financial institution serving communities across Northern Ontario. Its roots trace back to 1951, when La caisse régionale de Nipissing-Sudbury was founded. After a period of affiliation with the broader Ontario caisse populaire federation, caisses in the Northern and Nipissing regions formed their own association, later named L’Alliance des caisses populaires de l’Ontario limitée.

Caisse Alliance offers personal and business banking, lending, investment, and advisory services, with a focus on French language financial services in Northern Ontario. Its cooperative structure is connected to Francophone community ownership and regional service.

Today, Caisse Alliance supports members, businesses, and local development while reflecting the cultural and economic priorities of Franco-Ontarian communities.

Caisse Populaire Alliance

Calvert Home Mortgage

Cambrian Credit Union was founded in Winnipeg in 1959 as Co-operators Credit Union, originally serving members of Red River Co-op as a closed bond institution. Over time, it expanded through mergers with community and workplace based credit unions, eventually bringing together more than two dozen predecessor organizations into a cooperative serving the Winnipeg and Selkirk markets.

In 1998, Cambrian launched Achieva Financial, a division of Cambrian and one of Canada’s first online only financial institutions. Achieva gave savers a way to bank digitally at a time when online banking was still developing.

Today, Cambrian offers personal and business banking, mortgages, loans, investments, and financial advice. Its cooperative model remains rooted in Manitoba, with a focus on member ownership and accessible financial services.

Cambrian Credit Union

Canadalend

Canada Life

Canadian Tire

Canadian Western

Cannect

Cascadia Credit Union was formed in 2025 through the merger of Osoyoos Credit Union, Revelstoke Credit Union, and Summerland Credit Union. The combined organization brings together cooperative banking histories from the Southern Interior and Columbia Shuswap regions of British Columbia.

Cascadia serves members with personal and business banking, lending, mortgages, investments, and financial advice. Its work is focused on local service, member ownership, and financial support for the communities served by its predecessor credit unions.

Although the Cascadia name is new, the organization continues the regional cooperative banking role previously carried by its founding credit unions. Its board has also entered into a memorandum of understanding with Greater Vancouver Community Credit Union to explore a potential merger, which could expand the credit union’s service area while maintaining a cooperative structure.

Cascadia Credit Union

CIBC

Cidel Bank Canada

Citadel Mortgages

Citco Bank Canada

Citibank Canada

Cliffton Capital

Clover Mortgage

CMI - Canadian Mortgages Inc

CMLS

Coastal Community Credit Union traces its origins to 1945, when Vancouver Island residents began organizing a cooperative financial institution. Nanaimo & District Credit Union was incorporated the following year and later became part of the institution now known as Coastal Community Credit Union.

Coastal Community has grown through mergers and acquisitions into the largest Island based financial organization serving Vancouver Island and the Gulf Islands. It offers personal, business, and commercial banking, along with insurance services and wealth management through related Coastal Community organizations and partners.

Coastal Community’s work focuses on financial health, local decision-making, and community investment. Through grants, scholarships, sponsorships, and local partnerships, it supports initiatives in the communities where its members and employees live and work.

Coastal Community Credit Union

Coast Capital

Coast Capital Savings is a British Columbia based federal credit union headquartered in Surrey, with roots reaching back to the 1940s. It took shape through the merger of Pacific Coast Savings and Richmond Savings in 2000, followed by Surrey Metro Savings in 2002.

Coast Capital became the first credit union from British Columbia to operate as a federal credit union, allowing it to serve members nationally under the federal credit union framework. It has also been associated with banking changes such as free chequing from a full service financial institution.

In 2026, Coast Capital completed a merger with Prospera Credit Union and Sunshine Coast Credit Union, forming a British Columbia headquartered federal credit union family of brands. Coast Capital provides personal and business banking, lending, mortgages, investments, and financial advice, with a focus on member service and community support.

Coast Capital Savings

Community Savings Credit Union was founded in British Columbia in 1944 with roots in the labour movement and a focus on serving working people. That history remains part of its current identity, including its public positioning as “the unions’ credit union” and its stated purpose of uniting working people to build a just world.

Community Savings offers personal and business banking as a member owned financial cooperative. It is recognized as British Columbia’s largest fully unionized credit union and maintains a focus on labour rights, economic inclusion, and community investment.

Its community focused work also includes AnXin Community Savings, a division serving Chinese Canadians and Chinese language communities in British Columbia, and Aria Savings, a credit union brand for Persian Canadians and Farsi language communities. Community Savings combines cooperative financial services with a stated focus on equity, worker support, and financial inclusion.

Community Savings Credit Union

Community Trust

Comtech Fire Credit Union was formed in 2016 through the amalgamation of Comtech Credit Union and Fire Services Credit Union. Comtech traced its origins to 1940, when Toronto Bell Telephone employees established Toronto Telephone Employees Credit Union. Fire Services Credit Union was established in 1941 to serve fire department employees across Ontario.

The 2016 amalgamation brought together credit union histories connected to communications, technology, fire services, and public sector workers. The same year, Comtech Fire acquired certain assets of Limestone Credit Union, adding service locations in Kingston and Amherstview.

Headquartered in Toronto, Comtech Fire served members across Ontario with personal and business banking, borrowing, mortgages, investments, and related financial services. In 2025, Comtech Fire joined Your Neighbourhood Credit Union.

Comtech Fire Credit Union Limited

Concentra Bank

Conexus Credit Union is one of Saskatchewan’s largest credit unions, with roots reaching back to 1937, when it was founded in Regina as Regina Co-operative Savings and Credit Union. It later became Sherwood Savings and Credit Union before growing through mergers into the institution known today as Conexus.

In 1976, while operating as Sherwood Credit Union, it introduced Canada’s first automated teller machine at its Regina branches. The credit union later expanded through mergers and now serves personal, business, and agricultural members across Saskatchewan with banking, lending, investment, and advice services.

Conexus contributes a portion of pre-tax profits to community investment each year, supporting organizations that address social and economic priorities in the province. In 2026, Conexus merged with Cornerstone and Synergy Credit Unions under the Conexus Credit Union name.

Conexus Credit Union

connectFirst

Cornerstone Credit Union was a Saskatchewan based credit union with roots reaching back to 1941, when members in Wynyard formed a local cooperative financial institution. Over the decades, it grew through mergers with other community credit unions across eastern and central Saskatchewan, including the later combination with Horizon and Plainsview Credit Unions.

Headquartered in Yorkton, Cornerstone served rural and small town Saskatchewan with personal, business, and agricultural banking services. Its work focused on local ownership, practical financial advice, and financial services for farms, businesses, and communities in the region.

On January 1, 2026, Cornerstone amalgamated with Conexus and Synergy Credit Unions under the Conexus Credit Union name, continuing its cooperative banking history within a larger province wide financial institution.

Cornerstone Credit Union

Craigburn Capital

Credit Union Atlantic, known as CUA, has served Nova Scotians since 1948, when it opened in Halifax as Dockyard Credit Union. It has since developed into a full service, member owned financial institution based in Halifax and serving people and businesses in the surrounding region.

CUA offers personal and business banking, mortgages, loans, investments, wealth management, and commercial lending. Its service model includes personalized advice, flexible products, and local decision-making for members and business clients.

As a cooperative, CUA focuses on the financial needs of the Nova Scotians it serves. Through community investment, grants, partnerships, and local support, it contributes to organizations and initiatives in the communities where its members live and work.

Credit Union Atlantic Limited (CUA)

Crossroads Credit Union traces its origins to 1958, when residents of Canora, Saskatchewan, met to establish a local credit union. Canora Credit Union was formally incorporated on April 28, 1959, and initially operated from space connected to a Saskatchewan Wheat Pool elevator.

Now known as Crossroads Credit Union, the institution serves communities in eastern Saskatchewan, including Canora, Preeceville, Sturgis, and Wadena. It offers personal, agricultural, and business banking services, including accounts, borrowing, mortgages, investments, and financial advice.

As a locally owned financial cooperative, Crossroads Credit Union is governed by directors elected by its members. Its work focuses on local decision making, member service, and financial support for households, farms, businesses, and communities in its service area.

Crossroads Credit Union

CTBC Bank Corp.

Desjardins is Canada’s largest cooperative financial group and is widely recognized as North America’s largest financial cooperative group. Its origins date to December 6, 1900, when the Caisse populaire de Lévis was founded in Lévis, Quebec, by Alphonse Desjardins, with support from Dorimène Desjardins.

Desjardins is owned and governed by its members, who elect representatives and participate in its democratic governance. As a cooperative, it can return surplus earnings to members and reinvest in communities rather than distribute profits to outside shareholders.

Desjardins offers personal and business banking, insurance, wealth management, and investment products. It also contributes to communities through sponsorships, scholarships, donations, and local development initiatives.

With roots in Quebec and a significant presence in Ontario, Desjardins operates as a Canadian cooperative financial institution serving members, clients, businesses, and communities.

Desjardins

Dhugga Mortgages

Digital Commerce Bank

Dominion Lending

Dominion Lending Centres NasaKasa

DUCA

DUCA Credit Union was founded in Toronto in 1954 by Dutch immigrants to Canada and originally operated as Dutch Canadian Toronto Credit Union. From those origins, it has grown into a major Ontario credit union serving members across Southern Ontario, including the Greater Toronto Area.

DUCA was Canada's first credit union to receive B Corporation certification, reflecting verified social and environmental performance, transparency, and accountability. Its cooperative model also includes sharing profits with members through its Do More Profit Sharing program.

Today, DUCA serves personal and business members with banking, lending, mortgages, investments, and advice. Through initiatives such as the DUCA Impact Lab, it also works on financial inclusion, fair access to credit, and services for people who may be underserved by traditional financial institutions.

DUCA Financial

East Coast Credit Union traces its roots to 1933, when farmers and fishers in rural Nova Scotia organized a cooperative financial institution to improve access to credit and keep local savings working in their communities. Since then, East Coast has grown into one of Nova Scotia’s larger credit unions.

Headquartered in Dartmouth, East Coast serves members across Nova Scotia with personal and business banking, lending, mortgages, investments, and financial advice. Its work is focused on local service, community investment, and the cooperative principle that members are also owners.

East Coast is also a certified B Corporation, reflecting verified social and environmental standards. It is currently exploring a merger with Acadian Credit Union, iNova Credit Union, and Teachers Plus Credit Union, a proposal that could create a larger province wide cooperative financial institution.

East Coast Credit Union

EQ Bank

Équipe Lupien

Equitable

Equitable Bank

Equity Credit Union was founded in 1943 by employees of the Lever Brothers soap factory in Toronto. Its early membership was connected to Lever Brothers and later Unilever employees, and the credit union operated under several names before formally becoming Equity Credit Union in 2004.

In 2002, Equity changed from a closed employee based credit union to an open bond institution, allowing membership to extend beyond its original workplace group. In 2010, it moved its headquarters from Toronto to Ajax, Ontario.

Today, Equity Credit Union serves members in Durham Region and beyond with personal banking, borrowing, mortgages, investments, and related financial services. It operates as a member owned cooperative with a focus on accessible service and local decision making.

Equity Credit Union Inc.

Everyrate

Exchange Bank of Canada

Fairstone Bank of Canada

FCU Community Financial, formerly First Credit Union, traces its origins to Powell River, British Columbia, where a local cooperative financial institution was organized in 1932 and formally chartered in 1939 as Powell River Credit Union. It is recognized as British Columbia’s first credit union.

For decades, First Credit Union served coastal British Columbia communities with personal and business banking, lending, wealth services, and local financial advice. Its community role included returning a portion of profits to local initiatives and maintaining a cooperative structure focused on member ownership and regional service.

On December 1, 2025, First Credit Union completed its merger with Vancity and began operating as FCU Community Financial, a division of Vancity. The division continues to serve coastal communities while operating within a larger cooperative financial institution.

First Credit Union

First National

First Nations Bank of Canada

First Ontario

FirstOntario Credit Union has roots in southern Ontario’s labour and community credit union history. It traces its origins to 1939, when employees of the Steel Company of Canada in Hamilton formed Stelco Employees Credit Union. Over time, it grew through mergers with other community based cooperatives, including Niagara region predecessors, and adopted the FirstOntario name in 2000.

Today, FirstOntario serves members across Hamilton, Niagara, Halton, and southwestern Ontario with personal and business banking, mortgages, loans, investments, and financial advice. As a member owned cooperative, it reinvests profits into local partnerships, charitable support, and community programs.

One of its established community initiatives is support for student nutrition programs, which help provide food to students through local school and community partners.

FirstOntario Credit Union

First West

Tru Cooperative Bank, formerly First West Credit Union, is a British Columbia based federal credit union with roots reaching back to 1946 through its predecessor organizations. First West was formed in 2010 through the merger of Envision Financial and Valley First Credit Union, and later expanded through Enderby & District Financial and Island Savings.

The organization operates through regional brands, including Envision Financial, Valley First, Island Savings, and Enderby & District Financial. This structure allows members to continue using familiar local brands while accessing the resources of a larger cooperative financial institution.

In April 2026, First West completed its transition to federal regulation and began operating under the legal name Tru Cooperative Bank. Its regional brands continue to provide day to day banking, business services, and wealth management, while the federal structure allows the cooperative to serve members across Canada.

First West Credit Union

Foreign Total All Banks

Frank Mortgage

Frank Mortgage_NB

Frank Mortgage_NL

Frank Mortgage_NS

Frank Mortgage_ON

Frank Mortgage_PE

Fusion Credit Union was formed in 2018 through the amalgamation of Vanguard Credit Union and Catalyst Credit Union. The merger brought together Manitoba credit unions serving Parkland and southwestern Manitoba, creating a member owned financial institution with roots in rural and regional communities.

Fusion offers personal, business, and agricultural banking, including lending, mortgages, investments, and financial advice. Its work reflects the local focus of its predecessor credit unions and supports members, farms, businesses, and communities in the regions it serves.

Fusion has been recognized as one of Manitoba’s Top Employers. It also supports members and communities through member returns, sponsorships, local partnerships, and community investment programs such as the Full Circle Fund and Community Infusion.

Rank	Name	Assets▼	Members▼	Founded▼	Branches▼	Data as of▼
1	Newfoundland and Labrador Credit Union LimitedFind Out More	$784.0M	20,000	1957	12	Dec 31, 2024
2	Atlantic Edge Credit UnionFind Out More	$576.0M	24,000	2022 (Eagle River Credit Union and Leading Edge Credit Union)	16	Dec 31, 2025

Credit Unions in Newfoundland and Labrador

All Credit Unions in Newfoundland and Labrador