Cambrian Credit Union Explained

Cambrian Credit Union
Former Name:Co-operators Credit Union
Type:Credit union
Industry:Financial services
Hq Location City:Winnipeg, Manitoba
Hq Location Country:Canada
Num Locations:11
Num Locations Year:2023
Area Served:Winnipeg and Selkirk, Manitoba, Canada
Assets:C$4.80 billion
Assets Year:2023
Members:69,621
Members Year:2023
Divisions:Achieva Financial

Cambrian Credit Union is a Canadian credit union in Manitoba. As of 2023, it had 69,621 members and C$4.80 billion in assets.[1] It had 11 locations[1] in Winnipeg and Selkirk.

Founded in 1959 as Co-operators Credit Union,[2] the credit union was originally a closed-bond institution that restricted its membership to members of Red River Co-op.[3] It merged with the Selkirk District Credit Union in 1970 and absorbed Heritage Credit Union (formerly Holy Cross Credit Union) in 1988.[3] Cambrian Credit Union was an amalgam of twenty-six different credit unions.[4] Rolling Mills Credit Union is also a predecessor of Cambrian's.[5]

See also

Notes and References

  1. Web site: March 2024 . The Largest 100 Credit Unions . live . Canadian Credit Union Association . 3 . https://web.archive.org/web/20240423015011/https://ccua.com/app/uploads/private-files/top100-4Q23_27-Mar-24.pdf . 23 April 2024.
  2. Web site: Membership . live . Business Council of Manitoba . https://web.archive.org/web/20240116035015/https://businesscouncil.mb.ca/membership/ . 16 January 2024.
  3. News: Murray McNeill . 17 December 1993 . Co-op No Small Change . live . Winnipeg Free Press . D6 . https://web.archive.org/web/20240427060819/https://www.newspaperarchive.com/other-articles-clipping-dec-17-1993-4432336/ . 27 April 2024.
  4. News: Don Bain . April 1989 . Reaching New Heights . live . Manitoba Business . https://web.archive.org/web/20240425030745/https://www.thefreelibrary.com/Reaching+new+heights.-a08538803 . 25 April 2024 . The Free Library.
  5. News: Geoff Kirbyson . 6 November 2003 . Cambrian Puts New Face on Branch . live . Winnipeg Free Press . B4 . https://web.archive.org/web/20240427061318/https://www.newspaperarchive.com/other-articles-clipping-nov-06-2003-4432352/ . 27 April 2024.