Credit Union Central
of Canada (Canadian Central) is the national trade association and
central finance facility for credit unions in Canada.
Incorporated by a Special Act of Parliament in 1953 and regulated
under the Cooperative Credit Associations Act, Canadian Central
was established to provide liquidity for the credit union system
in Canada. Today this remains one of its financial functions.
In 1977, development responsibilities, formerly performed by the
National Association of Canadian Credit Unions, were added to the
list of Canadian Central’s functions. The nine provincial Centrals
are the primary shareholders of Credit Union Central of Canada.
Together, they appoint 10 directors to the Board of Directors.