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CCUA was founded as the Canadian Co-operative Credit Society (CCCS) to support a growing credit union system in the 1950s. It was renamed to Credit Union Central of Canada in 1993 to better reflect its relationship to its provincial member credit union centrals before rebranding to its current name in January 2016 to reflect its evolving role ...
The first working credit union models sprang up in Germany in the 1850s and 1860s, and by the end of the 19th Century had taken root in much of Europe. They drew inspiration from cooperative successes in other sectors, such as retail and agricultural marketing (see history of the cooperative movement ).
In 1931 he made Roy Bergengren of the Credit Union National Association to present the value of co-operative credit societies. Within one year a credit union act had been passed. [4] From 1933 with the first appearance of credit unions in Nova Scotia the wave of cooperative banking spread over Maritimes. [4]
The Master of Management: Co-operatives and Credit Unions ( MMCCU) is a master's degree in co-operative and credit union administration. The degree is currently offered solely through an international program at the Sobey School of Business at Saint Mary's University in Halifax, Nova Scotia. [1] The program is designed for students entering ...
A credit union is a member-owned nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts ( savings accounts ), share draft accounts ( cheque accounts ), credit cards, credit, share term certificates ( certificates of deposit ), and online banking.
Cooperative banks. Cooperative banks are owned by their customers and follow the cooperative principle of one person, one vote. Co-operative banks are often regulated under both banking and cooperative legislation. They provide services such as savings and loans to non-members as well as to members, and some participate in the wholesale markets ...
The Co-op Credit Union is a not-for-profit member-owned financial co-operative, based in Manchester and operating throughout the United Kingdom. Thousands of its members all over the UK have access to affordable loans and savings products as well as member offers and financial wellbeing support. Membership is free.
CCA was created in 1987 by the merger of the Co-operative Union of Canada (CUC) and the Co-operative College of Canada. From 1973 to 1987, the Co-operative College of Canada was a national centre for co-operative education and research. It was established to provide co-op business training and to teach co-op principles. The college itself was ...