Credit Unions


Notice —

Transfer to federal financial institutions regulatory framework

 

On 1 July 2016, the Caisse populaire acadienne ltée, operating under the trade name of Uni Coopération Financière, became a federal credit union (coopérative de crédit fédérale) regulated under the Bank Act.

 

Federal credit unions and coopératives de crédit fédérales are regulated by the Office of the Superintendent of Financial Institutions (OSFI). Therefore, on 1 July 2016, the regulatory oversight of Uni Coopération Financière transferred from the Financial and Consumer Services Commission to OSFI.

 

More information on the oversight of federal financial institutions can be obtained on the following website: http://www.osfi-bsif.gc.ca/eng/pages/default.aspx

 

The Financial Institutions Division provides corporate registry services for credit unions and oversees the financial stability and solvency of credit unions for the protection of depositors. To view a list of incorporated Credit Unions,  visit Credit Unions under the Consumer section of our website.




     

     

    Related Areas


    Industry Resources and Publications


    Related Links:


    Publications:


    Review of the Provisions and the Operation of the Credit Union Act

    2017 © Financial and Consumer Services Commission