Windsor Family Credit Union
|WFCU Credit Union|
|Headquarters||3000 Marentette Avenue, Windsor, Ontario, Canada
|Eddie Francis (President)|
It is the sixth largest credit union in Ontario operating ten retail locations and serving 34,400 members.
WFCU Credit Union can trace its history back through amalgamations and mergers of four Chrysler Canada credit unions, a General Motors credit union and eight other local credit unions. Its history dates back to its foundation in 1941. Over the years, it has grown from assets of less than $10,000 (at the time of its founding) to a healthy $1.8 billion in Managed Assets and Member Service Totals of $2.6 billion.
In 2008, WFCU Credit Union purchased the naming rights to the new Windsor Arena built on the east end of the city, which is now named WFCU Centre.
In April of 2016, it was announced that Eddie Francis would take over as president of the institution. The CEO and president at the time, Marty Komsa, relinquished his role as president but remained at the CEO.
In August of 2016, the Windsor Family Credit Union introduced 'SmarterCash: A Pay Day Loan Alternative.' This is a loan program that offers loans from $500 to $2000 with fees that are $1.42 for every $100 borrowed. To access these loans, people must have an account with WFCI.
- Pervaiz, Amna (28 April 2015). "Windsor credit union donates $25,000 to 20 local organizations". Windsor: The Windsor Star. Retrieved 19 June 2015.
- "ABout us". Windsor: Windsor Family Credit Union. May 2015. Retrieved 19 June 2015.
- WFCU Annual Report 2013
- "Deposit Insurance Corporation of Ontario". Windsor, Ontario: Windsor Family Credit Union. Retrieved 19 June 2015.
- Macaluso, Grace. "Francis promoted to president at Windsor Family Credit Union". Windsor Star. Retrieved 28 May 2017.
- "Windsor Family Credit Union enters payday loan market". CBC News. Retrieved 28 May 2017.
|This article about a Canadian corporation or company is a stub. You can help Wikipedia by expanding it.|
|This bank, insurance, or other financial services corporation article is a stub. You can help Wikipedia by expanding it.|