Access Credit Union is a Canadian

credit union A credit union is a member-owned nonprofit organization, nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts (savings accounts), share draft accounts (che ...

, formed by multiple mergers of smaller

southern Manitoba Southern Manitoba is the southernmost area of the Canadian province of Manitoba. Southern Manitoba encompasses the Winnipeg Metropolitan Region, Westman Region, Central Plains Region, Eastman Region, and Pembina Valley Region, as well as the Man ...

credit unions, which provides full daily banking services, loans and mortgages, investment services and business banking. At the close of 2022, Access had in assets and approximately 169,700 members. It has 52 branches across

Manitoba Manitoba is a Provinces and territories of Canada, province of Canada at the Centre of Canada, longitudinal centre of the country. It is Canada's Population of Canada by province and territory, fifth-most populous province, with a population ...

. Access is the largest credit union in Manitoba and the sixth in Canada, excluding Quebec.

History

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 Plum Coulee is an unincorporated urban community in the Municipality of Rhineland within the Canadian province of Manitoba that held town status prior to January 1, 2015. It is west of Altona, one hour southwest of Winnipeg and 22 kilometres fr ...

Credit Union (1942) and Winkler Credit Union (1940). In 1947,

Morden Morden is a district and town in South London, England, now within the London Borough of Merton, in the ceremonial county of Greater London. It adjoins Merton Park and Wimbledon, London, Wimbledon to the north, Mitcham to the east, Sutton, Londo ...

Credit Union was formed eventually amalgamating with

Manitou Manitou () is the fundamental life force in the theologies of Algonquian peoples. It is said to be omnipresent and manifests everywhere: organisms, the environment, events, etc. ''Aashaa monetoo'' means "good spirit", while ''otshee monetoo ...

Credit Union and Miami Credit Union. In 2001, Valley Credit Union – formerly

Morris Morris may refer to: Places Australia * St Morris, South Australia, place in South Australia Canada * Morris Township, Ontario, now part of the municipality of Morris-Turnberry * Rural Municipality of Morris, Manitoba ** Morris, Man ...

CU (1947) and Dominion City CU (1946) amalgamated with

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. Lowe Farm Credit Union (1938) joined in 2010. Community Credit Union and Sanford Credit Union followed in 2013. Access merged with Winnipeg's Crosstown Civic Credit Union in 2021. Access Credit Union also operates a wholly owned subsidiary in Credential Financial Strategies and is part owner in an

insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ...

subsidiary A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...

. On January 27, 2022, the members of Access Credit Union, Noventis Credit Union and Sunova Credit Union voted to merge. The merger took place legally on July 1, 2022. In 2022, the Casera and Carpathia Credit Unions voted to merge with Access Credit Union. Following these recent merges, Access Credit Union now is the largest credit union in Manitoba by assets.

Memberships

*Central 1 Credit Union *

Interac Interac is a Canadian interbank network that links financial institutions and other enterprises for the purpose of exchanging electronic financial transactions. Interac serves as the Canadian debit card system and the predominant funds transf ...

* The Exchange * MasterCard *

Cirrus Network Cirrus is a worldwide interbank network that provides cash to Mastercard cardholders. As a subsidiary of Mastercard, it connects all Mastercard's credit, debit, and prepaid cards, as well as ATM cards issued by various banks worldwide bearing ...

Maestro (debit card) Mastercard Maestro is a brand of debit cards and prepaid cards owned by Mastercard that was introduced in 1991. Maestro is accepted at around fifteen million point of sale outlets in 93 countries. On July 1, 2023, Mastercard began phasing ou ...

* Deposit Guarantee Corporation of Manitoba *

Co-op Network CU Cooperative Systems, Inc. was a company providing services to credit unions in the United States. It is now a part of Velera, although the combined organization continues to use the ''Co-op Solutions'' brand. Other names it has used include ...

References

External links

* Credit unions of Manitoba Banks established in 1940 1940 establishments in Manitoba Winkler, Manitoba {{Canada-company-stub

History

Memberships

See also

References

External links