The national association for Canada’s credit unions, the Canadian Credit Union Association (CCUA) has announced the recipients of the 2017 National Credit Union Awards Program at last night’s gala event during the Association’s annual, national conference Halifax, NS last night, May 10.
“There’s no doubt that Canada’s credit unions and caisses populaires have always placed emphasis on the importance of its members, through innovative programs and services – many of which are ‘firsts’ in the industry,” explains Martha Durdin, president and CEO, Canadian Credit Union Association. “But they also focus on the development of young leaders who will continue to build on the success of their predecessors. I am inspired by the creativity, ingenuity and passion our awards recipients have demonstrated, and look forward to what’s yet to come.”
Regionally, the Northern Credit Union won the Innovation Award, for their ‘Small Business Rocks’ program, making them the first financial institution in Canada to offer small business lending and deposit accounts entirely online.
About the Award: “The National Innovation Awards is designed to recognize credit union/caisse popularies for breakthrough products, services and processes that are either new or have undergone significant improvements and can serve as a model for other credit unions. We look to recognize innovations that have demonstrated substantial benefit to either the credit union/caisse popularie or member base. The National Innovation Award should recognize the credit union/caisse popularie– not specific individuals.”
Northern Credit Union won for being the first financial institution in Canada to offer small business lending and deposit accounts entirely online through their Small Business Rocks program. View video.
About Northern Credit Union:
Northern Credit Union is a full-service, locally operated financial institution, offering personal and commercial products and services and financial planning expertise to more than 70,000 member shareholders. Serving 31 Ontario communities, Northern is committed to educating members about financial literacy and providing the tools to help members achieve their financial goals. For more information, visit https://www.northerncu.com.
SVP Innovation and Operations
Northern Credit Union Limited
Tel: 705.253.9868 ext. 4711