Steinbach Credit Union
TypeCredit union
Founded1941
HeadquartersSteinbach, Manitoba
Number of locations
3[1]
Key people
Glenn Friesen, CEO
ProductsFinancial services
Total assetsCAD9 billion (2023)[2]
Members100,000[3]
Websitescu.mb.ca

Founded in Steinbach, Manitoba in 1941, Steinbach Credit Union (SCU) is a Canadian financial institution that provides a range of products and services to over 100,000 consumer, business, and agricultural members. With more than $9 billion in assets, SCU is among the largest credit unions in Manitoba, and in the top 10 in Canada. SCU offers everything from day-to-day banking—both in branch and online—to wealth management and lending solutions.

Locations

SCU has three branches in Manitoba, located in Steinbach and Winnipeg. In addition to three full-service branches, SCU has a business lending centre (2445 Pembina Hwy), a member contact centre (St. Mary’s Rd.), as well as several stand-alone ATM locations in both Steinbach and Winnipeg.

Year built Common name Address
2015 Steinbach Branch 333 Main Street, Steinbach, MB R5G 1B1
2003 Linden Ridge Branch 2100 McGillivray Blvd, Winnipeg, MB R3Y 1X2
2010 Lagimodiere Branch 1575 Lagimodiere Blvd, Winnipeg, MB R3W 0B9

History

SCU’s story began in 1941 when a group of friends and businessmen came together to discuss the idea of establishing a credit union for the Steinbach community.

No one could have imagined that what began as a list of transactions in a 5¢ scribbler stuffed into the crowded drawer of a bookkeeper’s office desk would grow to become one of the largest single branch credit unions in Canada—a fact that remained true until SCU opened its second branch in Winnipeg in 2003.

References

  1. ↑ "Steinbach Credit Union's assets surpass $2.5 billion". Winnipeg Free Press. Retrieved 30 March 2009.
  2. ↑ "Consolidated Financial Statements" (PDF). Retrieved 21 July 2022.
  3. ↑ "2021 Annual Report" (PDF). Steinbach Credit Union. Retrieved 21 July 2022.


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