credit union industry financial services founded 1943 headquarters winnipeg manitoba canada number of locations 20 key people kevin sitka president & chief executive officer revenue 382 million cad 2015 1 net income 17.1 million cad 2015 1 total assets 4.2 billion cad 2015 1 members 114 000 2015 1 number of employees 485 2015 1 website assiniboine.mb.ca 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 . 2 acu has 20 branches in winnipeg and northern manitoba . 3 the credit union merged with astra and vantis credit unions in 2007 . 4 acu is a member of the world council of credit unions and the global alliance for banking on values gabv . contents 1 branches 2 mergers 3 growth 4 history 5 references 6 external links branches edit as of 2016 update assiniboine has 20 branches 18 in winnipeg as well as 1 in thompson and gillam in northern manitoba . in 2012 assiniboine credit union opened a branch on mcgregor street at college avenue . this branch was placed in this low income area of winnipeg deliberately in order to provide financial services to people ignored by the large commercial banks . the move by acu to open up a branch in winnipeg s north end in 2012 caused her royal highness camilla duchess of cornwall to tour the facility upon her visit to winnipeg to learn more about manitoba credit unions . 5 the area was previously unserviced by financial institutions for 10 years . the branch at red river boulevard and main street in winnipeg features environmental design incorporating green building features such as geothermal cooling and heating passive solar design and insulation spun from rock . 6 mergers edit mergers have been a large part of the history and success of credit unions over the years . assiniboine s history of mergers began in 1948 when winnipeg postal district employees and federal employees of manitoba merged with keystone credit union which ultimately merged with assiniboine credit union acu in 1979 . date credit union merger later merger 1938 the pool credit union society ltd. hy line 2001 1938 st. alphonsus credit union society ltd. assiniboine 1982 1939 burns employees credit union assiniboine 1998 1943 assiniboine credit union society ltd. 1943 la caisse populaire de st norbert hy line 1989 1944 airline credit union society ltd. assiniboine 1983 1946 winnipeg postal district employees credit union society ltd. keystone 1948 1947 federal employees of manitoba credit union society ltd. keystone 1948 1947 keystone credit union assiniboine 1979 1948 manitoba power commission mpc credit union society ltd. 1948 winnipeg postal district employees and federal employees of manitoba merge with keystone 1949 aircrafters credit union society ltd. airline 1981 1949 buffalo credit union society ltd. assiniboine 2008 1949 decibel credit union society ltd. hy line 2002 1951 fort rouge railway employees credit union society ltd. hy line 1989 1951 public press employees credit union society ltd. astra 1991 1952 ogilvie s employees credit union society ltd. assiniboine 1982 1957 manitoba sugar employees credit union society ltd. hy line 1989 1958 astra credit union society ltd. assiniboine 2007 1960 a.f & d.c. credit union society ltd. assiniboine 1978 1962 continental can employees credit union society ltd. assiniboine 1982 1962 hy line credit union society ltd. vantis 2002 1962 mpc credit union merges with hy line credit union 1964 hansa credit union society ltd. assiniboine 1991 1964 st. james community credit union society ltd. astra 1969 1966 pinawa credit union credit union society ltd. keystone 1975 1969 st. james community merges with astra 1975 pinawa merges with keystone 1978 a.f. & d.c. merge with assiniboine 1979 keystone merges with assiniboine 1980 the professional financial savings credit union ltd. assiniboine 1988 1981 aircrafters merges with airline 1982 st. alphonsus continental can and ogilvie merges with assiniboine 1983 airline merges with assiniboine 1988 professional financial savings merges with assiniboine 1989 fort rouge railway manitoba sugar and la caisse populaire de st norbert merge with hy line 1991 hansa merges with assiniboine 1991 public press merges with astra 1998 burns merges with assiniboine 2001 the pool merges with hy line 2002 hy line and decibel merge to create vantis credit union 2007 vantis and astra merge with assiniboine 2008 buffalo merges with assiniboine note an asterisk following the date indicates mergers dates of subsequent mergers and merge partners are in brackets . source credit union central of manitoba august 2013 growth edit this section does not cite any sources . please help improve this section by adding citations to reliable sources . unsourced material may be challenged and removed . april 2015 learn how and when to remove this template message decade members assets 1940 33 2 500 1950 4 000 2m 1960 6 000 4.5 m 1970 27 000 85m 1980 35 550 270 m 1990 44 000 500 m 2000 55 000 1b 2010 110 000 4b history edit this section needs expansion . you can help by adding to it . april 2015 references edit a b c d e assiniboine credit union 2015 annual report assiniboine credit union canada . global alliance for banking on values . retrieved october 10 2014 . locations and hours of service . assiniboine credit union . retrieved 2016 07 28 . manitoba credit unions vote to merge . the canadian press . 29 sept. 2006 . acu employees align with acu values . assiniboine credit union . november 25 2014 . retrieved 2015 04 24 . dasgupta ashoke . winnipeg airport takes leed role in design airport authority and assiniboine credit union both go green . business edge news magazine . 25 may 2006 . external links edit assiniboine credit union website assiniboine credit union media release v t e banks and credit unions in canada banks big five bank of montreal canadian imperial bank of commerce president s choice financial royal bank of canada scotiabank tangerine toronto dominion bank td canada trust other banks amex bank of canada bridgewater bank business development bank of canada canadian tire financial services canadian western bank citibank canada citizens bank of canada equitable bank first nations bank of canada hsbc bank canada icici bank canada laurentian bank of canada manulife bank of canada meridian bank national bank of canada rogers bank versabank credit unions credit unions affinity credit union aldergrove credit union alterna savings assiniboine credit union blueshore financial central 1 credit union coast capital savings concentra financial conexus credit union credit union central of canada desjardins group envision financial first calgary financial first west credit union gulf and fraser fishermen s credit union island savings kawartha credit union kootenay savings credit union libro financial group meridian credit union mouvement des caisses populaires acadiennes servus credit union steinbach credit union tcu financial group vancity windsor family credit union your credit union your neighbourhood credit union credit union deposit insurance alberta british columbia manitoba new brunswick newfoundland and labrador nova scotia ontario prince edward island saskatchewan other financial institutions federal financial institutions farm credit canada provincial financial institutions atb financial this article about a canadian corporation or company is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title assiniboine credit union & oldid 740844713 categories credit unions of manitobacanadian company stubshidden categories articles containing potentially dated statements from 2016all articles containing potentially dated statementsarticles needing additional references from april 2015all articles 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