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At the end of 2001, Canada's credit union sector consisted of 681 credit unions and 914 caisses populaires, with more than 3,600 locations and 4,100 automated teller machines. [45] By the end of 2019, consolidation reduced this number to 251 credits unions and caisses populaires outside Quebec, according to the Canadian Credit Union Association ...
On July 1, 2016, the Caisse populaire acadienne ltée (later rebranded as UNI Financial Cooperation), with its 155,000 members, became the first federal credit union in Canada. [3] Coast Capital Savings announced the approval from OSFI to become the second federally regulated credit union in Canada beginning on November 1, 2018, the first ...
The Canadian Federation of Credit Unions was created in 1945 to "compile statistics on Canadian credit unions; to assist in lobbying for more effective credit union legislation; to assist in education programs on behalf of credit unions; [and] to encourage [provincial credit union] Leagues to affiliate with provincial sections of the Co ...
The founding members worked at The Hydro Electric Power Commission of Ontario at the R.L. Hearn Generating Station in Toronto and the J.C. Keith Generating Station in Windsor, Ontario. Other members included a steam plant in Ajax, Ontario and steam plants at Toronto area hospitals and the Toronto District Heating System (now Enwave).
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Ajax (/ ˈ eɪ dʒ æ k s /; 2021 population: 126,666) is a waterfront town in Durham Region in Southern Ontario, Canada, located in the eastern part of the Greater Toronto Area. [ 1 ] The town is named for HMS Ajax , a Royal Navy cruiser that served in the Second World War .
Meridian is the second largest credit union in Canada, and the largest credit union in Ontario, with more than 378,000 members with total assets under administration of over $28.5 billion. [3] Meridian offers banking, wealth management, credit products and services through 88 branches, and fifteen Commercial Business Centres. [4]
The Desjardins Ontario Credit Union was formed 1 January 2020 with the merger of 11 Ontario Desjardins-affiliated credit unions, along with its federation, into one credit union [1] insured by the FRSAO. The credit union has 50 branches and 130,000 members. [1] [2] Billy Boucher is the credit union's first CEO. [3]