Credit Union Central of Manitoba (CUCM) is the trade association and service provider for the province's 31 autonomous credit unions and is governed by Manitoba's Credit Unions and Caisses Populaires Act. CUCM manages liquidity reserves, monitors credit granting procedures and provides trade services in areas such as corporate governance, government relations, representation and advocacy. CUCM also provides payment and settlement systems, banking, treasury, human resources, research, communications, marketing, planning, lending, product/service r & d, business consulting and legal services to credit unions. Manitoba credit unions jointly own CUCM and representatives from six peer groups sit on its board of directors. CUCM is financed through assessments and fee income derived through its operations.
A credit union is a member-owned financial cooperative, controlled by its members and operated on the principle of people helping people, providing its members credit at competitive rates as well as other financial services.
CUCM is based in Winnipeg, Manitoba, Canada. [1]
CUCM operates a public website called "Manitoba's Credit Unions."
Manitoba is a province at the longitudinal centre of Canada. It is often considered one of the three prairie provinces and is Canada's fifth-most populous province with its estimated 1.3 million people. Manitoba covers 649,950 square kilometres (250,900 sq mi) with a widely varied landscape, stretching from the northern oceanic coastline to the southern border with the United States. The province is bordered by the provinces of Ontario to the east and Saskatchewan to the west, the territories of Nunavut to the north, and Northwest Territories to the northwest, and the U.S. states of North Dakota and Minnesota to the south.
Portage la Prairie is a small city in the Central Plains Region of Manitoba, Canada. As of 2016, the population was 13,304 and the land area of the city was 24.68 square kilometres (9.53 sq mi). Portage la Prairie is approximately 75 kilometres (47 mi) west of Winnipeg, along the Trans-Canada Highway, and sits on the Assiniboine River, which flooded the town persistently until a diversion channel north to Lake Manitoba was built to divert the flood waters. The city is surrounded by the Rural Municipality of Portage la Prairie.
Wilson Dwight Peter Parasiuk is a Canadian businessman and former politician. As founder and CEO of the Vancouver–area based Paralink Group of Companies, Parasiuk organizes private sector/public sector partnerships in the export of Canada's health care, education and governmental expertise. Paralink also provides advice on energy development matters within Canada and internationally. In his early career as a politician, he was an elected member of the Legislative Assembly of Manitoba, Canada from 1977 to 1988, and a cabinet minister in the New Democratic Party government of Howard Pawley from 1981 to 1988.
Alterna Savings is a credit union founded in 1908 in Ottawa. It operates branches in Ontario and direct banking across Canada through its subsidiary Alterna Bank.
A credit union league or credit union central is cooperative federation for credit unions.
The National Union of Public and General Employees (NUPGE) is a Canadian trade union. Taken in total it is the second largest union in Canada. Most of its 390,000 members work in the provincial public service sector. There is also a large and growing number of members who work for private businesses.
The Christian Labour Association of Canada (CLAC) is a labour union that represents workers in the construction, healthcare, and food industries. It was established in 1952 to represent workers on the basis of "Christian social principles." The union claims that its approach to labour relations develops workers' sense of responsibility, participation, stewardship, and dignity. It opposes what it calls the undemocratic, adversarial, and monopolistic practices of the labour movement.
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world.
Elma, Manitoba is a community of approximately 100 people in southeast Manitoba. It is located on the Whitemouth River, at the junction of Highway 15 and Highway 11 in the Rural Municipality of Whitemouth.
Southern Manitoba is the southernmost area of the Canadian province of Manitoba. Southern Manitoba encompasses the Winnipeg Metropolitan Area, Red River Valley, Pembina Valley, Central Plains, Westman and Eastman. It holds just slightly over one million people. Seven out of Manitoba's ten cities are located here- notably its capital city- Winnipeg, as well as Selkirk, Brandon, Portage La Prairie, Morden, Winkler, and Steinbach.
Angusville is an unincorporated community recognized as a local urban district in the Canadian province of Manitoba, located in the Rural Municipality of Silver Creek. It was named after a pioneer family with the surname Angus.
The Canadian Credit Union Association is the national trade association for credit unions in Canada. Founded in 1953, it rebranded to its current name in January 2016 to reflect its "evolving role as an association that is focused on growing a stronger... credit union industry."
CUCM may refer to:
Central 1 Credit Union is a credit union central for credit unions in Ontario and British Columbia, as well as a service provider to other financial institutions across Canada. Based in Vancouver, British Columbia, it was formed in 2008 by the merger of the Credit Union Central of British Columbia and the Credit Union Central of Ontario.
Assiniboine Credit Union (ACU) is a credit union based in Winnipeg, Manitoba. ACU was formed in 1943 by 15 Winnipeg Electric Company employees who got together to form the credit union. They named the new credit union after the street their company headquarters was on—Assiniboine Avenue. ACU has 18 branches in Winnipeg and Northern Manitoba. The credit union merged with Astra and Vantis credit unions in 2007.
Archives of Manitoba is the official government archive of the Canadian province of Manitoba. It is located at 200 Vaughan Street in Winnipeg, Manitoba, Canada.
Concentra is a Canadian wholesale bank and trust company, providing financial and trust services to over 250 Canadian credit unions. Concentra Bank is owned by its members who include credit unions, provincial credit union centrals and other financial co-operatives. Concentra Trust is a wholly owned subsidiary of Concentra Bank and provides trust services through credit unions across Canada.
Canada has the highest per-capita membership in credit unions in North America. More than a third of the population is a member of at least one credit union. Credit union membership is largest in Quebec, where they are known as caisses populaires, and in western Canada.
Access Credit Union is a Canadian credit union, formed by multiple mergers of smaller Southern Manitoba credit unions, which provides full daily banking services, loans and mortgages, investment services and business banking. At the close of 2016, Access had CN$2.6 billion in assets and approximately 52,000 members. It had 18 branches across Manitoba, all outside of Winnipeg. Access is the fifth-largest credit union in Manitoba and the twenty-third-largest in Canada.