Innovation Federal Credit Union

Innovation Federal Credit Union
Company typeCredit union
IndustryFinancial services
FoundedJanuary 1, 2007; 17 years ago (2007-01-01)
HeadquartersSwift Current, Saskatchewan
Key people
Daniel Johnson, CEO
ProductsSavings; chequing; consumer loans; mortgages; credit cards; online banking
Revenue$85.5 million CAD (2021)[1]
Total assets$4.047 billion CAD (2021)[1]
Websitewww.innovationcu.ca

Innovation Federal Credit Union is a Canadian credit union. It was formed on January 1, 2007, through the merger of Southwest Credit Union and BCU Financial (previously Battlefords Credit Union).[1][2] Innovation is the third largest credit union in Saskatchewan and the 21st largest credit union in Canada.[3] Deposits are insured by the Canada Deposit Insurance Corporation (CDIC).[4]

  1. ^ a b c "Innovation Credit Union Annual Report 2021" (PDF). innovationcu.ca. Retrieved 22 June 2023.
  2. ^ "Innovation Announces Proposed Merger". SwiftCurrentOnline.com. Retrieved 24 April 2018.
  3. ^ "Largest 100 Credit Unions : Fourth Quarter 2017" (PDF). Ccua.com. Archived from the original (PDF) on 20 April 2018. Retrieved 24 April 2018.
  4. ^ "What is Guaranteed?". Cudgc.sk.ca. Retrieved 24 April 2018.