Assiniboine Credit Union
|Headquarters||Winnipeg, Manitoba, Canada|
|Key people||Al Morin, President & Chief Executive Officer|
|Revenue||$125.8 million CAD (2013) |
|Net income||$17.1 million CAD (2013) |
|Total assets||$3.6 billion CAD (2013) |
|Employees||522 (2013) |
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. 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. ACU has 25 branches in Winnipeg and Northern Manitoba. The credit union merged with Astra and Vantis credit unions in 2007. As of 2013, the credit union has $3.6 billion in assets under administration, over 500 employees and approximately 110,000 members. ACU is a member of the World Council of Credit Unions.
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.
- Assiniboine Credit Union 2013 Annual Report
- Central Credit Union of Canada - Top 100 Largest Credit Unions - Results Q4 2012
- "Assiniboine Credit Union: Canada". Global Alliance - For Banking on Values. Retrieved October 10, 2014.
- Manitoba credit unions vote to merge. The Canadian Press. 29 Sept. 2006.
- Dasgupta, Ashoke. Winnipeg airport takes LEED role in design: Airport authority and Assiniboine Credit Union both go 'green'. Business Edge News Magazine. 25 May 2006.
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