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Having a Purpose in Business

If you have a purpose and can articulate it with clarity and passion, everything makes sense, everything flows. 
 

From the very beginning the founders of this credit union had an innate sense about the power of having a purpose in business, a purpose beyond making money.
 

So it began when 20 people came together to provide financial opportunity to their community of fellow workers. The ability to obtain a mortgage or loan was something they could not take for granted. 
 

More than half a century has passed since December 1948 when this visionary group built our company’s foundation on guiding principles. These principles established our culture. Throughout the years, this foundation has remained and these basic values have led us on a path of growth and success. 
 

As our vision and membership base expanded a need to change our name occurred.

From serving Algoma Steel workers and their families as the Algoma Steel Workers’ Credit Union in 1948; to serving the entire Algoma district as ASCU Community Credit Union in 1981; to serving the Province of Ontario as Community First Credit Union in 2005; to merging with Timmins Regional Credit Union serving the Province of Ontario as Community First Credit Union Limited in 2006.

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