Kawartha Credit Union

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The Kawartha Credit Union is a Canadian credit union that operates 25 branches in central Ontario. Its headquarters are in Peterborough.[1]

The company has about 49,000 members and 325 employees and a network of 25 branches in Ontario. This includes original Kawartha’s branches in Lindsay, Bracebridge, Huntsville, Burk's Falls, South River, Parry Sound, Trenton, and Emsdale, and Unity’s branches in Kingston, Napanee, Brockville and Cornwall.[2] This makes the new Kawartha Credit Union the seventh largest credit union in Ontario.[3]

Kawartha Credit Union is insured by the Deposit Insurance Corporation of Ontario[4]

History[edit]

In March 2012, its members agreed to merge with Unity Savings and Credit Union under the Kawartha Credit Union name. The merger was completed on March 31, 2012.[5]

Unity Savings and Credit Union[edit]

Unity Savings and Credit Union brought six branches to the combined company, with three locations in Kingston and branches in Napanee, Brockville and Cornwall. In 2012 Unity had over 11,000 member/owners and $154 million in assets.[6]

Unity was founded in 1951 as a credit union for Alcan employees in Kingston, and is the result of mergers with several other credit unions:[7]

  • Alcan Employees (Kingston) – founding Credit Union
  • Kingston Newspaper Employees – merged in 1994
  • Nylon Employees (Kingston) – merged in 1995
  • Brockville Wire Workers & Black and Decker (Brockville) – merged in 1996
  • Municipal Employees Brockville – merged in 1997
  • Lennox and Addington Education Credit Union – merged in 1997
  • Hotel Dieu Hospital (Kingston) – merged in 1998
  • Cornwall Community – merged in 2000
  • Education Family (Kingston) – merged in 2001
  • Rideau St. Lawrence Community Credit Union – merged in 2005
  • Maitland Credit Union – merged in 2006

References[edit]

External links[edit]