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Our Roots

Created for Manitobans then. Working for Manitobans now.

Our story begins in 1943. The Second World War had a significant impact on economies across the world — Manitoba included. People were struggling to pay their bills, banks were ignoring their pleas, and in an attempt to stay afloat, many Manitobans fell victim to high interest rates charged by money lenders.

It was then that Ed McCaffrey and eight co-workers from the Winnipeg Electric Company formed Assiniboine Credit Union — an open bond credit union that everyone in the community was welcomed to join. Money deposited by members was lent to other members in need, making banking fair and available.

Today, ACU is a full-service financial co-operative with over $5 billion in assets. We have 14 branch locations in Winnipeg, 2 northern branches in Thompson and Gillam, and we employ over 450 Manitobans.

To serve our members better, we continue to evolve, innovate and grow. But we’ve also stayed true to our roots. Money doing more isn’t just a line that appears along with our logo. It’s the guiding statement that represents the way we do business, and conveys our ongoing commitment to improving the lives of people, bettering the planet and creating prosperity for all.

Like a bank, we offer a full suite of personal and business products and services, financial planning and advice, wealth management, plus commercial sales and service. We also provide financing solutions for local non-profits, co-operatives, social enterprises and micro-entrepreneurs. But unlike a bank, when you join a credit union you become a member-owner, and you become part of a bigger story. You join an organization that puts people before profits and that’s grounded in the prosperity of the communities we serve.

We've helped over 125,000 members achieve their dreams over the last 75 years, and we'd like to help you achieve yours.


Bank on values. Join ACU.

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