About Us

What is a Credit Union? 

A credit union is a financial service co-operative where the members are the owners and decision-makers. Members have a say in their credit union’s actions through an elected board of directors who provide leadership and ensure that members’ views are represented. 

Being an owner also means sharing in the credit union’s success. Some credit unions offer lower interest rates and service fees, others distribute patronage dividends and many contribute to community initiatives.

Credit unions belong to a large co-operative network provincially, nationally and internationally. Although decisions are made locally, this network enables credit unions to provide members with a full range of financial products and services.

Credit unions follow the seven international co-operative principles:

  • Voluntary and Open Membership
  • Democratic Member Control 
  • Member Economic Participation
  • Autonomy and Independence
  • Education, Training and Information
  • Co-operation among Co-operatives
  • Concern for Community

Saskatchewan credit unions are part of the global family of co-operatives. Together, these businesses serve a billion members and employ over one hundred million people, more than all the multi-national corporations combined. Discover more about the tremendous difference co-operatives are making in the world today.

Learn more about us by visiting the Canadian Credit Union Association (CCUA) or reading our quick facts.