Our History
In 1948, our banking institution first opened its doors to customers at the Dockyard Credit Union location in Halifax. Since then, the financial well-being of our customers has always been a top priority.
Today, with total assets of over $760 million and branches spanning from Cole Harbour to Tantallon, a Corporate Office, Commercial Lending and a dedicated Customer Contact Centre, we continue to provide flexible products, personalized service and quick decisions for our members, opening the door to a brighter financial future for everyday people.
For 70 years and counting, we look forward to continuing to build a stronger community, one customer at a time.
Milestones:
| 2019 | Partnership with Halifax Chamber of Commerce |
| CUA introduces Foreign Resident Mortgage | |
| 2018 | Spryfield branch location opens |
| CUA introduces new line of credit cards | |
| 2017 | Assets top $460 million |
| Partnerships with CEED, Centre of Entrepreneurship Education and Development, Habitat for Humanity Nova Scotia and the Business Development Bank of Canada (BDC) | |
| 2015 | CUA becomes the first B Corp-certified company in Atlantic Canada and the third in Canada |
| 2011 | e-Transfers introduced |
| 2008 | Installation of chip card-enabled ATM machines |
| Amalgamation of CUA with Halifax Civic Credit Union | |
| 2007 | Launch of online banking tool, known as MemberDirect® Integrated Services |
| Launch of basic personal income tax service | |
| Tantallon branch location opens | |
| 2006 | Cow Bay Road branch relocates to its current location on Pleasant Street |
| 2005 | Energy Efficiency Financing is introduced |
| 2003 | CUA listed as one of the top 101 companies in Atlantic Canada for 10 consecutive years according to Progress Magazine |
| 2002 | Wellspring Financial Management, a wealth management subsidiary, is introduced |
| Halifax Shopping Centre Annex branch location opens | |
| 2001 | Net income increases 54% over previous year |
| 1998 | CUA Financial Service (CUAFS) is introduced |
| 1997 | Clayton Park Branch purchased from Laurentian Bank of Canada |
| Eastern Passage Branch relocates to its current location on Cumberland Drive | |
| 1996 | Opening of Customer Contact Centre |
| 1995 | Amalgamation of CUA with Halifax West Aquinas |
| 1994 | Assets top $100 million |
| Alamgamation of CUA with Russel Credit Union | |
| 1993 | Acquiring of Eastern Passage Credit Union and Saint Anslem's Credit Union |
| 1992 | Establishment of CUA Community Development Fund |
| 1991 | Amalgamation of Halifax Metro Credit Union and name change to CUA |
| 1989 | Joins Interac and Plus ABM Network |
| 1986 | Plastic financial card (now known as the debit card) is introduced |
| 1985 | Registered Retirement Income Funds (RRIF) is introduced |
| 1977 | Amalgamation with Rail Air Savings |
| Adoption of interest-bearing chequing account | |
| 1976 | Computer terminals is installed in most branches |
| 1974 | First computer system is introduced |
| 1973 | Beginning of conventional mortgage financing provided |
| Adoption of Registered Retirement Savings Plan (RRSP) | |
| Acquires CBC Halifax Staff | |
| 1969 | Name of Dockyard Credit Union changed to Federal Savings Credit Union |
| 1967 | Amalgamation with Army Civil Credit Union |
| 1964 | First million dollars in assets is reached |
| 1948 | Dockyard Credit Union is established |
| 1925 | Nova Scotian farmers urge for a Credit Union Law in Nova Scotia |
| 1909 | First 'People's Bank' is established in Quebec |
| The Credit Union Movement comes to North America |
