Credit Union Central of Manitoba
Encyclopedia
Credit Union Central of Manitoba (CUCM) is the trade association and service provider for the province’s 41 autonomous credit union
s and is governed by Manitoba’s Credit Unions and Caisses Populaires Act. CUCM manages liquidity reserves, monitors credit granting procedures and provides trade services in areas such as corporate governance, government relations, representation and advocacy. CUCM also provides payment and settlement systems, banking, treasury, human resources, research, communications, marketing, planning, lending, product/service r & d, business consulting and legal services to credit unions.
Manitoba credit unions jointly own CUCM and representatives from nine provincial districts sit on its board of directors. Cucm is financed through assessments and fee income derived through its operations.
CUCM is based in Winnipeg
, Manitoba
, Canada
.
The central organization operates a website called "Manitoba's Credit Unions".
Credit union
A credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members...
s and is governed by Manitoba’s Credit Unions and Caisses Populaires Act. CUCM manages liquidity reserves, monitors credit granting procedures and provides trade services in areas such as corporate governance, government relations, representation and advocacy. CUCM also provides payment and settlement systems, banking, treasury, human resources, research, communications, marketing, planning, lending, product/service r & d, business consulting and legal services to credit unions.
Manitoba credit unions jointly own CUCM and representatives from nine provincial districts sit on its board of directors. Cucm is financed through assessments and fee income derived through its operations.
CUCM is based in Winnipeg
Winnipeg
Winnipeg is the capital and largest city of Manitoba, Canada, and is the primary municipality of the Winnipeg Capital Region, with more than half of Manitoba's population. It is located near the longitudinal centre of North America, at the confluence of the Red and Assiniboine Rivers .The name...
, Manitoba
Manitoba
Manitoba is a Canadian prairie province with an area of . The province has over 110,000 lakes and has a largely continental climate because of its flat topography. Agriculture, mostly concentrated in the fertile southern and western parts of the province, is vital to the province's economy; other...
, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
.
The central organization operates a website called "Manitoba's Credit Unions".