Canadian Credit Union Association

H ITY C redit unions distinguish themselves from other financial institutions through their steadfast dedication to cooperative principles and community engagement. Since their inception, these institutions have been driven by a mission to enrich the communities that sustain them. THE FORMATION OF THE CREDIT UNION MOVEMENT The credit union movement in North America began with Father Georges-Antoine Belcourt of St. Augustine’s Parish of Rustico in Prince Edward Island. Belcourt’s establishment of the Farmers’ Bank of Rustico served the economic needs of 2 CIVIL AND MUNICIPAL VOLUME 05, ISSUE 07