Corporate Information

Unique Benefits

Credit Union members are both customer and owner. As a customer, you receive the services you want and as an owner you enjoy a return on your share investment in the form of competitive rates, value costs for premium services, and local control of your own financial institution.

Local Ownership and Control

Belonging to a credit union means that you are more than a customer - you are an owner - and as an owner you get to influence the progress of your business.  There is a voluntary Board of Directors that you elect with your right to vote at the Annual General Meeting.  All decisions are made locally, by people who live in and understand your community. As neighbours, living and working in the same community, Progressive Credit Union offers all the financial services you require with a big difference - pride in knowing all monies stay here in our own communities working for your own economic benefit. You'll enjoy a flexible approach to business and responsiveness to local concerns. All things being equal, why would you not choose a financial institution where the very ownership structure is designed to focus on, and is sensitive to, your needs?

Community Involvement

Progressive Credit Union Limited is uniquely positioned to support community development through: 

· Loans to members and small businesses 

· Investment in community projects 

· Sponsorship of community activities and events 

· Public education programs to foster personal financial well-being 

· School Scholarships 

· Employees who are active in the community as members of Boards of Trade, Chambers of Commerce, church groups, service organizations, charitable organizations, and numerous other activities 


Service to Members

Progressive Credit Union Limited has over 6000 members and total assets over $100 million. Our professionally trained, knowledgeable employees provide personal service and attention to members from four service locations in New Brunswick. Wealth Management Advisors are also available 7 days a week and outside normal business hours to visit you at home or at the office. Members can choose to transact their business electronically through Automated TeleService, Personal Contact TeleService, ATMs, MemberDirect Online Access or Mobile Banking.

Credit Union Potential

The ability of credit unions to return benefits to their members and their communities is in direct proportion to the support they receive from members in the community.  Making Progressive Credit Union Limited your primary financial services provider means higher levels of service and greater benefits and rewards to both members and the community.  We see ourselves becoming part of every family in our province by establishing a relationship of trust with dependable, complete service for every financial need.  Credit unions are part of a strong regional, national and international network of co-operative financial institutions.


As of December 31, 2009, 77,280 residents of New Brunswick were credit union members. There are 362 employees at 16 credit unions with 35 locations across this province. Total assets as of this date were $804 million.


Canada's over 300 credit unions and affiliated caisses populaires have combined assets of over $131 billion and serve over 5 million owners as of March 31, 2011. These figures speak to the vitality and strength of the Canadian credit union movement.


Internationally there are 97 credit union countries with a total of 49,000 credit unions. These credit unions serve over 184 million people with assets totaling over $1.3 trillion (as of December 2009).