Credit unions are co-operative financial institutions, owned by the members.
The Atlantic Provinces credit union system proudly provides a full range of products and services to its members throughout the region. Credit unions, rooted in the communities they serve, have been an integral part of community life and have contributed to Atlantic communities since their inception over 85 years ago. Operating under co-operative/credit union principles, credit unions in New Brunswick, Newfoundland and Labrador, Prince Edward Island and Nova Scotia have experienced impressive growth over the past years, through economically challenging times. Credit unions currently service an Atlantic membership of over 295,000, and manage financial assets of almost $7.1 Billion. Credit unions play a significant role in the economic fabric of Atlantic communities.
About Atlantic Central
The role of Atlantic Central is to represent and support the credit unions of Nova Scotia, New Brunswick, Newfoundland and Labrador, and Prince Edward Island. Through our leadership and the excellence of our people, products and services, we support credit unions in becoming the financial institution of choice.
We are committed to providing professional service to our stakeholders, including credit unions and their employees, our affiliates and their employees, and to each other. This professional service includes financial services and trade association and support services to Atlantic credit unions.
Atlantic Central’s key financial role is management of the system’s liquidity reserve requirements and provision of central and investment banking services to Atlantic credit unions. Additional trade association services provided to credit unions include:
- Risk management
- Human resources
- Consulting and support
- Marketing and communications planning
- Printing and promotional goods
With offices in Halifax, Nova Scotia, Riverview, New Brunswick and Charlottetown, Prince Edward Island, Atlantic Central accepts the roles of support and leadership defined for us by the credit unions, and with them, supports the wellbeing of the credit union system and communities it serves.