Assiniboine Credit Union

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Assiniboine Credit Union
Credit Union
Industry Financial services
Headquarters Winnipeg, Manitoba, Canada
Key people
Al Morin, President & Chief Executive Officer
Revenue Increase $125.8 million CAD (2013) [1]
Increase $17.1 million CAD (2013) [1]
Total assets Increase $3.6 billion CAD (2013) [2]
Members 110,000 (2013)[2]
Number of employees
522 (2013) [1]

Assiniboine Credit Union (ACU) is a credit union based in Winnipeg, Manitoba, and at the end of 2008 was the ninth largest credit union in Canada.[2] The ACU was formed in 1943 by 15 Winnipeg Electric Company employees who got together to form the credit union and was named after the street their company headquarters was on.[3] ACU has 25 branches in Winnipeg and Northern Manitoba. The credit union merged with Astra and Vantis credit unions in 2007.[4] As of 2013, the credit union has $3.6 billion in assets under administration, over 500 employees and approximately 110,000 members.[1] ACU is a member of the World Council of Credit Unions.


As of 2012, ACU has 23 branches throughout Winnipeg, plus one in Thompson and one in Gillam, both in northern Manitoba.

ACU's 25th branch was opened in 2012 in a new location on McGregor Street at College Avenue. This branch was placed in this low-income area of Winnipeg deliberately, in order to provide financial services to people ignored by the large commercial banks.

ACU's branch at Red River Boulevard and Main Street in Winnipeg features environmental design, incorporating green building features such as geothermal cooling and heating, passive solar design, and insulation spun from rock.[5]


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