FSRA is actively reviewing all DICO regulatory direction, including but not limited to forms, guidelines and FAQs.

Until FSRA issues new regulatory direction, all existing regulatory direction remains in force.

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History of Closed Insured Institutions

Recently Liquidated Credit Unions


For more information, please contact
Michael White, Manager, Asset Management & Recoveries
Email: Michael White

InstitutionCharterDate InactiveReason
-----------------------------------------------
3M Employees' (London) Credit Union Limited0716November 2011Liquidation
Air-Toronto Credit Union Limited1451August 2010Purchased
Anishinabek Nation Credit Union Inc.2144April 2011Liquidation
Arnstein Community Credit Union Limited1720April 2013Liquidation
Auto Workers (Ajax) Credit Union Limited1982November 2007Liquidation
boomerang CREDIT UNION Limited2184December 2013Purchased
Brewers Warehousing Employees (Hamilton) CUL1966April 2010Purchased
Brewers Warehousing Employees (Kitchener) CUL1958July 2010Purchased
Budd Automotive Employees (Kitchener) Credit Union Limited2003December 2008Liquidation
C.N.R. Employees (Lakehead Terminal) Credit Union Limited0808June 2011Purchased
Caisse populaire d'Earlton Limitée (La)0115January 2013Amalgamation
Caisse populaire de Field Limitée (La)0264January 2014Purchased
Caisse populaire Lasalle Inc.2164December 2008Amalgamation
Caisse populaire de New Liskeard Limitée (La)1884January 2013Amalgamation
Caisse populaire Nolin de Sudbury Incorporée2151December 2008Amalgamation
Caisse populaire d'Orléans Inc.0170January 2014Amalgamation
Caisse populaire de Pointe-aux-Roches Limitée 0195July 2008Amalgamation
Caisse populaire Rideau d'Ottawa Inc.2160January 2013Amalgamation
Caisse populaire St-Jacques de Hanmer Inc.0312January 2014Amalgamation
Caisse populaire de Técumseh Inc.1469July 2008Amalgamation
Caisse populaire Val Caron Limitée1742January 2014Amalgamation
Caisse populaire Vision Inc.2166January 2013Amalgamation
Campbell's Employees' (Toronto) Credit Union Limited0591October 2010Purchased
Canada Sand Papers Employees' (Plattsville) Credit Union1154April 2009Liquidation
Canadian General Tower Employees (Galt) CUL1276December 2009Purchased
Canadian Transportation Employees' Credit Union Ltd.0399October 2012Purchased
Canal City Savings and Credit Union Limited0755July 2010Liquidation
Cataract Savings and Credit Union Inc.2190August 2011Amalgamation
Community Saving and Credit Union Limited0253December 2011Amalgamation
Croatian (Toronto) Credit Union Limited1492October 2010Liquidation
Crown Cork and Seal Employees Credit Union Limited1143June 2010Purchased
Dana Canada Employees' (Ontario) Credit Union Limited0601February 2008Amalgamation
Domtar Newsprint Employees (Trenton) Credit Union Limited1998September 2010Liquidation
Employees of Dofasco (Hamilton) Credit Union Limited0988September 2007Amalgamation
ETCU Financial Credit Union Limited0620October 2012Purchased
Etobicoke Aluminum Employees' Credit Union Limited1099November 2009Amalgamation
Eureka Employees' (Woodstock) Credit Union Limited0619January 2006Dissolution
Fiberglas Employees (Guelph) Credit Union Limited1513October 2010Purchased
Fort Erie Community Credit Union Limited0534July 2014Amalgamation
Genfast Employees Credit Union Limited0513June 2010Dissolution
Goodyear Employees' (Bowmanville) Credit Union Limited1706October 2010Liquidation
Grand River Credit Union Limited2170September 2007Amalgamation
Grey Bruce Health Services Credit Union Limited1964October 2012Liquidation
G.S.W. (Fergus) Credit Union Limited527June 2013Liquidation
Hamilton Community Credit Union Limited2115December 2010Amalgamation
Hamilton Teachers' Credit Union Limited0052January 2014Amalgamation
Hir-Walk Employees' (Windsor) Credit Union Limited0455December 2011Purchased
Hobart Employees' (Owen Sound) Credit Union Limited1866September 2009Liquidation
Holy Angel's and St. Anne's Parish (St. Thomas) Credit Union Limited0774June 2011Liquidation
Holy Name Parish (Pembroke) Credit Union Limited0091March 2006Dissolution
Kakabeka Falls Community Credit Union Limited0271May 2007Amalgamation
Kellogg Employees Credit Union Limited0824April 2014Purchased
Kenora District Credit Union Limited2133October 2008Amalgamation
King-York Newsmen Toronto Credit Union Limited1211April 2010Purchased
Kraft Canada Employees' (Cobourg) Credit Union Limited1788April 2008Liquidation
Labatt Employees' (London) Credit Union Limited0221April 2007Amalgamation
Lakewood Credit Union Limited1018October 2008Amalgamation
Lambton Financial Credit Union Limited2176June 2014Amalgamation
Lasco Employees' (Whitby) Credit Union Limited1872October 2011Purchased
Lear Seating Canada Employees' (Kitchener) Credit Union Ltd. 1817June 2009Liquidation
London Diesel Employees' Credit Union Limited 0599October 2009Liquidation
McMaster Savings and Credit Union Limited2134April 2012Purchased
Maitland Credit Union Limited1045November 2006Amalgamation
Margosa Credit Union Limited2186December 2011Bankruptcy
Mariposa Community Credit Union Limited2127February 2007Liquidation
Media Group Financial Credit Union Limited0411November 2011Liquidation
Miracle Credit Union Ltd.1963February 2013Purchased
Mitchell & District Credit Union Limited1623February 2008Amalgamation
Molson Brewery Employees Credit Union Limited1338April 2006Purchased
Moore Employees' Credit Union Limited0073March 2010Purchased
Municipal Employees (Chatham) Credit Union Ltd.0991October 2013Purchased
Nasco Employees' Credit Union Limited0188December 2009Purchased
NCR Employees' Credit Union Ltd.0387December 2007Dissolution
North York Community Credit Union Limited1264March 2007Amalgamation
Northland Savings and Credit Union Limited0024February 2008Dissolution
Northridge Savings and Credit Union Limited2116December 2012Amalgamation
ONR Employees' (North Bay) Credit Union Limited0496September 2013Purchased
Oregon Employees Credit Union Limited1355September 2008Purchased
Ottawa Women's Credit Union Limited2109October 2013Purchased
Pedeco (Brockville) Credit Union Ltd.0657September 2013Purchased
Peek Frean Employees' (Toronto) Credit Union Limited2010January 2011Liquidation
Peoples Credit Union Limited2169January 2013Amalgamation
PenFinancial Credit Union Limited2198July 2014Amalgamation
Peterborough Industrial Credit Union Limited1430September 2007Purchased
Photel (Toronto) Credit Union Limited1023March 2006Purchased
Polish Alliance (Brant) Credit Union Limited1456June 2010Purchased
Portuguese Canadian Credit Union Limited1914April 2009Liquidation
Prime Financial Savings and Credit Union Limited0373December 2010Purchased
Prosperity One Credit Union Limited2167January 2014Amalgamation
Railway Employees' (Sarnia) Credit Union Limited0409June 2010Liquidation
R.B.W. Employees' (Owen Sound) Credit Union Limited1825October 2012Liquidation
Rochdale Credit Union Ltd.0098December 2013Purchased
Scarborough Hospital Employees' Credit Union Limited1816October 2011Purchased
So-Use Credit Union Limited0479October 2010Purchased
St. Josaphat's Parish (Toronto) Credit Union Limited0521June 2007Liquidation
St. Mary's (Toronto) Credit Union Limited0458June 2009Purchased
St. Marys Paperworkers Credit Union Limited0878April 2007Liquidation
Standard Tube Employees' (Woodstock) Credit Union Limited0364September 2009Purchased
Stelco Finishing Works Credit Union Limited0110September 2007Amalgamation
Southlake Regional Health Centre Employees' Credit Union Limited1678May 2012Purchased
Sunnybrook Credit Union Limited0500July 2010Purchased
Superior Credit Union Limited2138May 2013Amalgamation
Sydenham Community Credit Union Limited1383December 2012Amalgamation
Timmins Regional Credit Union Ltd.1954May 2006Amalgamation
Thunder Bay Elevators Employees' Credit Union Limited0864April 2010Purchased
Tobacco Workers' (Guelph) Credit Union Limited0587April 2006Purchased
Toronto Catholic School Board Employees Credit Union Ltd.2032May 2013Purchased
Twin Oak Credit Union Limited1039December 2010Amalgamation
Ukrainian (St. Catharines) Credit Union Limited0283November 2008Purchased
Unigasco Community Credit Union Limited0921December 2012Amalgamation
United Communities Credit Union Limited2180January 2014Amalgamation
United Ukrainian Credit Union Limited0154October 2012Purchased
Unity Savings and Credit Union Limited2182March 2012Amalgamation
Virtual One Credit Union Limited2168January 2011Amalgamation
Wallace Barnes Employees' Credit Union Limited0161December 2008Liquidation
William S. Gibson Employees' (Mt. Dennis) CUL1791June 2009Purchased
Windsor-Essex County Catholic Parishes Credit Union Ltd.0708May 2008Liquidation

For more information, please contact
Michael White, Manager, Asset Management & Recoveries
Email: Michael White