Access Credit Union: Difference between revisions
Content deleted Content added
m update language about recent merges, add new ones. |
No edit summary |
||
| (3 intermediate revisions by 3 users not shown) | |||
| Line 18: | Line 18: | ||
}} |
}} |
||
'''Access Credit Union''' is a Canadian [[credit union]], formed by multiple mergers of smaller [[southern Manitoba]] credit unions, which provides full daily banking services, loans and mortgages, investment services and business banking. At the close of |
'''Access Credit Union''' is a Canadian [[credit union]], formed by multiple mergers of smaller [[southern Manitoba]] credit unions, which provides full daily banking services, loans and mortgages, investment services and business banking. At the close of 2022, Access had {{CAD|10.76{{nbsp}}billion|link=yes}} in assets<ref>{{Cite web |title=Publish Online |url=https://indd.adobe.com/view/21abf2f6-d448-4172-b238-eb3c0af36308 |access-date=2023-03-27 |website=indd.adobe.com |language=en}}</ref> and approximately 169,700 members. It has 52 branches across [[Manitoba]]. Access is the largest credit union in Manitoba and the sixth in Canada, excluding Quebec.<ref name="cucc_Q4_data">{{Cite web |title=The Largest 100 Credit Unions / Caisses Populaires – Fourth Quarter 2021 |url=https://ccua.com/app/uploads/private-files/top100-4Q21_06-May-22-v2-2.pdf |archive-url=https://web.archive.org/web/20220608231056/https://ccua.com/app/uploads/private-files/top100-4Q21_06-May-22-v2-2.pdf |archive-date=June 8, 2022 |access-date=June 8, 2022}}</ref> |
||
[[Altona, Manitoba|Altona]] Credit Union was organized in 1939, Dufferin Credit Union was formed in 1961, Heartland Credit Union opened its doors for business in 2002 as a result of successful amalgamation with [[Gretna, Manitoba|Gretna]] Credit Union (1943), [[Plum Coulee]] Credit Union (1942) and [[Winkler, Manitoba|Winkler]] Credit Union (1940). In 1947, [[Morden, Manitoba|Morden]] Credit Union was formed eventually amalgamating with [[Manitou]] Credit Union and Miami Credit Union. In 2001, Valley Credit Union – formerly [[Morris, Manitoba|Morris]] CU (1947) and Dominion City CU (1946) amalgamated with [[Morden, Manitoba|Morden]] CU to form Agassiz Credit Union. Altona Credit Union, Dufferin Credit Union, Heartland Credit Union and Agassiz Credit Union merged in 2009 to form Access Credit Union.<ref>{{Cite web |date=2008-10-28 |title=The urge to merge overcomes credit unions |url=https://www.investmentexecutive.com/newspaper_/news-newspaper/news-46650/ |access-date=2022-06-08 |website=Investment Executive |language=en}}</ref><ref>{{Cite web |title=Credit Union Members Voice Their Concerns |url=https://portageonline.com/articles/credit-union-members-voice-their-concerns |access-date=2022-06-08 |website=PortageOnline}}</ref><ref>{{Cite web |title=New Credit Union May Have Another Member |url=https://www.portageonline.com/articles/new-credit-union-may-have-another-member |access-date=2022-06-08 |website=PortageOnline}}</ref> Lowe Farm Credit Union (1938) joined in 2010.<ref>{{Cite news |last=mug |first=Geoff Kirbyson |date=2009-04-19 |title=Apr 2009: Sunday special: Bank on this |language=en-CA |work=Winnipeg Free Press |url=https://www.winnipegfreepress.com/local/something-in-common-43242317.html |access-date=2022-06-08}}</ref> Community Credit Union and [[Sanford, Manitoba|Sanford]] Credit Union followed in 2013.<ref>{{Cite news |last=Geary |first=rea |date=2019-09-03 |title=Sep 2019: Access CU to relocate Oak Bluff branch |language=en-CA |work=Winnipeg Free Press |url=https://www.winnipegfreepress.com/our-communities/headliner/Access-CU-to-close-Oak-Bluff-branch-559263411.html |access-date=2022-06-08}}</ref> Access merged with Winnipeg's Crosstown Civic Credit Union in 2021.<ref>{{Cite news |last=Canstar |first=Jennifer McFee / Special to |date=2020-07-07 |title=Jul 2020: Access, Crosstown Civic credit unions to merge |language=en-CA |work=Winnipeg Free Press |url=https://www.winnipegfreepress.com/our-communities/headliner/Access-Crosstown-Civic-credit-unions-to-merge-571661921.html |access-date=2022-06-08}}</ref> |
[[Altona, Manitoba|Altona]] Credit Union was organized in 1939, Dufferin Credit Union was formed in 1961, Heartland Credit Union opened its doors for business in 2002 as a result of successful amalgamation with [[Gretna, Manitoba|Gretna]] Credit Union (1943), [[Plum Coulee]] Credit Union (1942) and [[Winkler, Manitoba|Winkler]] Credit Union (1940). In 1947, [[Morden, Manitoba|Morden]] Credit Union was formed eventually amalgamating with [[Manitou]] Credit Union and Miami Credit Union. In 2001, Valley Credit Union – formerly [[Morris, Manitoba|Morris]] CU (1947) and Dominion City CU (1946) amalgamated with [[Morden, Manitoba|Morden]] CU to form Agassiz Credit Union. Altona Credit Union, Dufferin Credit Union, Heartland Credit Union and Agassiz Credit Union merged in 2009 to form Access Credit Union.<ref>{{Cite web |date=2008-10-28 |title=The urge to merge overcomes credit unions |url=https://www.investmentexecutive.com/newspaper_/news-newspaper/news-46650/ |access-date=2022-06-08 |website=Investment Executive |language=en}}</ref><ref>{{Cite web |title=Credit Union Members Voice Their Concerns |url=https://portageonline.com/articles/credit-union-members-voice-their-concerns |access-date=2022-06-08 |website=PortageOnline}}</ref><ref>{{Cite web |title=New Credit Union May Have Another Member |url=https://www.portageonline.com/articles/new-credit-union-may-have-another-member |access-date=2022-06-08 |website=PortageOnline}}</ref> Lowe Farm Credit Union (1938) joined in 2010.<ref>{{Cite news |last=mug |first=Geoff Kirbyson |date=2009-04-19 |title=Apr 2009: Sunday special: Bank on this |language=en-CA |work=Winnipeg Free Press |url=https://www.winnipegfreepress.com/local/something-in-common-43242317.html |access-date=2022-06-08}}</ref> Community Credit Union and [[Sanford, Manitoba|Sanford]] Credit Union followed in 2013.<ref>{{Cite news |last=Geary |first=rea |date=2019-09-03 |title=Sep 2019: Access CU to relocate Oak Bluff branch |language=en-CA |work=Winnipeg Free Press |url=https://www.winnipegfreepress.com/our-communities/headliner/Access-CU-to-close-Oak-Bluff-branch-559263411.html |access-date=2022-06-08}}</ref> Access merged with Winnipeg's Crosstown Civic Credit Union in 2021.<ref>{{Cite news |last=Canstar |first=Jennifer McFee / Special to |date=2020-07-07 |title=Jul 2020: Access, Crosstown Civic credit unions to merge |language=en-CA |work=Winnipeg Free Press |url=https://www.winnipegfreepress.com/our-communities/headliner/Access-Crosstown-Civic-credit-unions-to-merge-571661921.html |access-date=2022-06-08}}</ref> |
||
| Line 35: | Line 35: | ||
*[[Deposit Guarantee Corporation of Manitoba]] |
*[[Deposit Guarantee Corporation of Manitoba]] |
||
*[[Co-op Network]] |
*[[Co-op Network]] |
||
== See also == |
|||
* [[Assiniboine Credit Union]] |
|||
* [[Cambrian Credit Union]] |
|||
* [[Steinbach Credit Union]] |
|||
==References== |
==References== |
||
Revision as of 03:07, 25 April 2024
 | |
| Company type | Credit Union |
|---|---|
| Industry | Financial services |
| Founded | 1940 Winkler, Manitoba |
| Headquarters | Winnipeg |
Number of locations | 52 |
Key people | Larry Davey, President and CEO |
| Products | Savings; checking; consumer loans; mortgages; credit cards; online banking |
| AUM | CA$10.76 billion (2022)[1] |
| Members | 169,700 |
Number of employees | 796 |
| Website | www.accesscu.ca/ |
| Footnotes / references [2] | |
Access Credit Union is a Canadian credit union, formed by multiple mergers of smaller southern Manitoba credit unions, which provides full daily banking services, loans and mortgages, investment services and business banking. At the close of 2022, Access had CA$10.76 billion in assets[3] and approximately 169,700 members. It has 52 branches across Manitoba. Access is the largest credit union in Manitoba and the sixth in Canada, excluding Quebec.[4]
Altona Credit Union was organized in 1939, Dufferin Credit Union was formed in 1961, Heartland Credit Union opened its doors for business in 2002 as a result of successful amalgamation with Gretna Credit Union (1943), Plum Coulee Credit Union (1942) and Winkler Credit Union (1940). In 1947, Morden Credit Union was formed eventually amalgamating with Manitou Credit Union and Miami Credit Union. In 2001, Valley Credit Union – formerly Morris CU (1947) and Dominion City CU (1946) amalgamated with Morden CU to form Agassiz Credit Union. Altona Credit Union, Dufferin Credit Union, Heartland Credit Union and Agassiz Credit Union merged in 2009 to form Access Credit Union.[5][6][7] Lowe Farm Credit Union (1938) joined in 2010.[8] Community Credit Union and Sanford Credit Union followed in 2013.[9] Access merged with Winnipeg's Crosstown Civic Credit Union in 2021.[10]
Access Credit Union also operates a wholly owned subsidiary in Credential Financial Strategies and is part owner in an insurance subsidiary.
On January 27, 2022, the members of Access Credit Union, Noventis Credit Union and Sunova Credit Union voted to merge.[11][12][13] The merger took place legally on July 1, 2022. In 2022, the Casera and Carpathia Credit Unions voted to merge with Access Credit Union.[14] Following these recent merges, Access Credit Union now is the largest credit union in Manitoba by assets.[15]
Memberships
- Central 1 Credit Union[citation needed]
- Interac
- The Exchange
- MasterCard
- Cirrus Network
- Maestro (debit card)
- Deposit Guarantee Corporation of Manitoba
- Co-op Network
See also
References
- ^ "About the Merger – Connecting Manitoba".
- ^ "Annual Reports & Financial Statements".
- ^ "Publish Online". indd.adobe.com. Retrieved March 27, 2023.
- ^ "The Largest 100 Credit Unions / Caisses Populaires – Fourth Quarter 2021" (PDF). Archived from the original (PDF) on June 8, 2022. Retrieved June 8, 2022.
- ^ "The urge to merge overcomes credit unions". Investment Executive. October 28, 2008. Retrieved June 8, 2022.
- ^ "Credit Union Members Voice Their Concerns". PortageOnline. Retrieved June 8, 2022.
- ^ "New Credit Union May Have Another Member". PortageOnline. Retrieved June 8, 2022.
- ^ mug, Geoff Kirbyson (April 19, 2009). "Apr 2009: Sunday special: Bank on this". Winnipeg Free Press. Retrieved June 8, 2022.
- ^ Geary, rea (September 3, 2019). "Sep 2019: Access CU to relocate Oak Bluff branch". Winnipeg Free Press. Retrieved June 8, 2022.
- ^ Canstar, Jennifer McFee / Special to (July 7, 2020). "Jul 2020: Access, Crosstown Civic credit unions to merge". Winnipeg Free Press. Retrieved June 8, 2022.
- ^ "Access Credit Union merger approved". PembinaValleyOnline. Retrieved June 8, 2022.
- ^ "Three Manitoba Credit Unions Vote to Become One". ChrisD.ca - Winnipeg News. January 28, 2022. Retrieved June 8, 2022.
- ^ "Three Manitoba Credit Unions Enter Merger Talks". ChrisD.ca - Winnipeg News. September 10, 2021. Retrieved June 8, 2022.
- ^ "Access announces merger talks with Casera and Carpathia Credit Unions". PembinaValleyOnline. Retrieved March 27, 2023.
- ^ Posted, Martin Cash. "Access eyes merger with three small credit unions". Winnipeg Free Press. Retrieved March 27, 2023.
External links
  | This bank and insurance-related article is a stub. You can help Wikipedia by expanding it. |
 | This article about a Canadian corporation or company is a stub. You can help Wikipedia by expanding it. |