ConnectFirst Credit Union

Connect First Credit Union Ltd is a member-owned financial institution based in Calgary, Alberta, Canada.

Connect First Credit Union Ltd
TypeCredit Union
IndustryFinancial services
Founded1938
Headquarters,
Key people
Wellington Holbrook, President and CEO
Revenue$123.2 million CAD (2009) [1]
$6.6 million CAD (2009) [1]
Total assets$2.5 billion CAD (2010) [2]
Number of employees
700 (2022)
Websitewww.connectfirstcu.com

On May 3, 2021, connectFirst Credit Union was born from the collective legacies of four credit unions which previously operated as a division of Connect First Credit Union Ltd: First Calgary Financial, Chinook Financial, Mountain View Financial and Legacy Financial. The organization was established in 1987 through the merger of seven open-bond credit unions, as well as two additional credit union purchases. The first member-owned credit union that would eventually become First Calgary Financial was founded in 1938. On October 26, 2014, it was announced that First Calgary Financial will merge with Chinook Credit Union to form Alberta's second largest credit union under the name Connect First Credit Union.

connectFirst Credit Union is one of the largest and most successful credit unions in Canada - full-service financial institution with over $6 billion in assets under administration - and serves more 128 000 members across 41 branches in communities across Central and Southern Alberta. In addition to its 41 retail banking branches, it includes a Business Solutions Centre, a Commercial Banking group, Independent Business and Agriculture Group, a Dealer Services team and a locally based Contact Centre. [3]

ReferencesEdit

  1. ^ a b First Calgary 2009 Annual Report
  2. ^ - Second Quarter Report 2010
  3. ^ "ConnectFirst - connectFirst re-introduces itself to ALLberta".