Credit unions are unique institutions. Operating in Canada for over 100 years, credit unions are financial cooperatives that are governed and financed differently than banks. At credit unions, members are shareholders. Being a member means sharing in the credit union’s success. Our primary motivation is providing quality products and services to our members. We are committed to ensuring that our members are completely satisfied with the level of services they receive.
This is our Market Conduct Code.The Code recognizes the best practice principles we pledge to follow for soliciting, promoting, advertising, marketing, selling or distributing our products or services. The Code demonstrates our commitment to the fair treatment of all those who use our services. We believe in fair sales practices, comprehensive access to banking services, transparency and openness, and a reasonable approach to settling complaints. Individuals are entitled to the best possible care of their financial interests. We respect all our provincial regulatory obligations, and continually practice absolute excellence in consumer protection.
Our best practices can be summarized in five key principles:
Business Practices: We are committed to providing fair treatment to everyone who uses our products and services.
Fair Treatment and Fair Sales: We treat our credit union members and customers fairly and demonstrate fair sales practices at all times — this is an integral part of our business practices.
Access to Banking Services: We ensure that all members and customers are granted access to fundamental financial services.
Transparency and Disclosure: We use plain-language descriptions of products and services in our communications to ensure you can make informed decisions.
Complaint Handling: We examine complaints and work to settle them fairly, and we track complaints to help ensure our practices continue to improve.
Read our complete Market Conduct Code >