While the Manitoba credit union system is always evolving, members may have noticed that the pace of change has accelerated in recent years. Indeed, thanks to a spate of credit union amalgamations in Manitoba over the past decade, the total number of credit unions in the province has decreased from 67 in 1999 to 48 today.
But what’s important for members to understand is that while the sheer number of credit unions may have decreased, access to credit union branches and services has never been easier or more convenient. For instance, there are 182 credit union branches in the province today, up from 161 in 1999. Credit unions now have a physical presence in 118 Manitoba cities, towns and villages, and in 67 of those communities a credit union is the only financial institution in place to serve consumers, businesses and producers.
On top of that, Manitoba’s credit unions are continuously striving to offer more ways for members to use technology to access their credit union, either through the network of more than 200 ATMs around the province or through the convenience of Internet and telephone banking.
That’s because Manitoba’s credit unions are committed to the Co-operative Principles and to meeting the needs of their members, both today and into the future.