Steinbach Credit Union Surpasses $10 Billion in Assets

Steinbach Credit Union has reached a major milestone, surpassing $10 billion in assets. This achievement is a testament to the credit union's commitment to providing excellent financial services to its members.

The credit union's growth can be attributed to its strong presence in the Steinbach community, where it has been serving members for over 60 years. With a long history of stability and reliability, Steinbach Credit Union has built trust with its members and earned its place as a leading financial institution.

Steinbach Credit Union's success is also a result of its innovative approach to financial services, offering a wide range of products and services that cater to the diverse needs of its members.

Steinbach Credit Union has reached a major milestone, surpassing $10 billion in assets. This achievement is a testament to the credit union's strength and stability.

In just eight years, SCU doubled its assets from $5 billion to $10 billion, a remarkable feat. This rapid growth is a result of the credit union's commitment to profitability and service to its members.

The credit union's focus on organic growth has allowed it to maintain its independence, having never merged with another credit union. This approach has paid off, with SCU's membership increasing by over 6,500 new members in 2024 alone.

As we celebrate our milestones, let's take a look at where we are and how we've grown. SCU has three branches in Manitoba, located in Steinbach and Winnipeg.

Our Steinbach Branch was built in 2015 and can be found at 333 Main Street, Steinbach, MB R5G 1B1. This branch has been a hub of activity for our members in the Steinbach area.

The Linden Ridge Branch in Winnipeg was built in 2003 and is located at 2100 McGillivray Blvd, Winnipeg, MB R3Y 1X2. This branch has been serving the community for over 18 years.

We also have the Lagimodiere Branch in Winnipeg, built in 2010 and located at 1575 Lagimodiere Blvd, Winnipeg, MB R3W 0B9. This branch has been a convenient option for our members in the west end of the city.

Here are all of our locations in Manitoba:

Steinbach Credit Union recently reached a major milestone by celebrating $10 billion in assets. This achievement is a testament to the credit union's dedication to its members.

Over 500 dedicated employees and more than 112,000 members have trusted Steinbach Credit Union with their financial future. This level of trust is a remarkable achievement.

It took Steinbach Credit Union 75 years to reach the first $5 billion in assets. However, it only took an additional eight years to reach $10 billion.

Board Chair Maria Reimer attributes the credit union's success to its focus on profitability and service to its members. This commitment has allowed Steinbach Credit Union to maintain its strength and stability in the Manitoba market.

Steinbach Credit Union's unique approach to growth has contributed to its success. The credit union has never merged with another credit union, instead focusing on organic growth.

In 2024, Steinbach Credit Union's membership has increased by more than 6,500 new members. This growth has enabled the credit union to invest in new technology, products, and services.

The credit union's focus on building strong relationships with its members is key to its success. By understanding their needs, Steinbach Credit Union can provide guidance on their financial journey.