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Christian Credit Union has a rich history of serving our members:
1950s
Christian Credit Union is incorporated in 1952 as the “Edmonton Christian Reformed Savings and Credit Union Ltd.” It is formed by Dutch immigrants who need a means to finance their homes, businesses, churches and schools in a new country. Herman Wierenga is the first official member and field man for the Christian Immigration Society.
1960s
John Van Ginhoven (Mr. Credit Union) succeeds Peter Van Rhyn as the second General Manager. The Credit Union grows to $540 thousand in assets and over 1,000 members. Our membership expands to include members of four specific Reformed church denominations. The Credit Union changes its name to "Christian Savings and Credit Union Ltd."
1970s
The Credit Union changes its name to "Christian Credit Union Ltd." and moves to a new location in Edmonton, Alberta. The Credit Union grows to $2.5 million in assets, over 2,100 active members, and 6 employees. Our membership expands to include members of a church with a Reformed confession.
1980s
The Credit Union weathers record high interest rates and pays a dividend of 14.5% on share accounts. Peter Lindhout becomes the third General Manager. The Credit Union grows to $14.3 million in assets, 3,400 active members, and 8 employees. Member Card® is new technology that provides access to money through Automated Banking Machines.
1990s
Fat Cat (Grades 1-6) and Head Start (Grades 7-12) accounts encourage youth to save money. Internet banking allows members to make inquiries, do financial transactions, and pay bills on-line. A new computer system is introduced to ensure we are Y2K compliant. The Credit Union grows to $25.8 million in assets.
2000s
Christian Credit Union joins with the Dutch Canadian Savings and Credit Union in Lethbridge, Alberta and opens a branch there. A new location is built in Edmonton and John Veldkamp becomes the fourth General Manager/CEO. The Credit Union grows to $50.3 million in assets and 14 employees. Our membership expands to include people who are not members of a church with a Reformed confession but are connected to the Reformed community.
2010s
Long-term investment and mortgage rates are added to services. The Credit Union has $217.7 million in assets, 3,500 active members, and 31 employees. Our membership expands to include anyone who agrees with our Basis and Purpose and our Statement of Faith including businesses, societies and organizations.
Today, Christian Credit Union has grown to $271 million in assets, 5,726 members and 39 employees.
1950s
Christian Credit Union is incorporated in 1952 as the “Edmonton Christian Reformed Savings and Credit Union Ltd.” It is formed by Dutch immigrants who need a means to finance their homes, businesses, churches and schools in a new country. Herman Wierenga is the first official member and field man for the Christian Immigration Society.
1960s
John Van Ginhoven (Mr. Credit Union) succeeds Peter Van Rhyn as the second General Manager. The Credit Union grows to $540 thousand in assets and over 1,000 members. Our membership expands to include members of four specific Reformed church denominations. The Credit Union changes its name to "Christian Savings and Credit Union Ltd."
1970s
The Credit Union changes its name to "Christian Credit Union Ltd." and moves to a new location in Edmonton, Alberta. The Credit Union grows to $2.5 million in assets, over 2,100 active members, and 6 employees. Our membership expands to include members of a church with a Reformed confession.
1980s
The Credit Union weathers record high interest rates and pays a dividend of 14.5% on share accounts. Peter Lindhout becomes the third General Manager. The Credit Union grows to $14.3 million in assets, 3,400 active members, and 8 employees. Member Card® is new technology that provides access to money through Automated Banking Machines.
1990s
Fat Cat (Grades 1-6) and Head Start (Grades 7-12) accounts encourage youth to save money. Internet banking allows members to make inquiries, do financial transactions, and pay bills on-line. A new computer system is introduced to ensure we are Y2K compliant. The Credit Union grows to $25.8 million in assets.
2000s
Christian Credit Union joins with the Dutch Canadian Savings and Credit Union in Lethbridge, Alberta and opens a branch there. A new location is built in Edmonton and John Veldkamp becomes the fourth General Manager/CEO. The Credit Union grows to $50.3 million in assets and 14 employees. Our membership expands to include people who are not members of a church with a Reformed confession but are connected to the Reformed community.
2010s
Long-term investment and mortgage rates are added to services. The Credit Union has $217.7 million in assets, 3,500 active members, and 31 employees. Our membership expands to include anyone who agrees with our Basis and Purpose and our Statement of Faith including businesses, societies and organizations.
Today, Christian Credit Union has grown to $271 million in assets, 5,726 members and 39 employees.