Credit unions are stronger together than apart.

In today's financial services marketplace - increasingly national and international in scope - credit unions have better reasons than ever to work together across local and provincial boundaries to achieve efficiencies and economies of scale, and to make possible service offerings to members.

Canadian Central provides its owners, (the provincial Centrals and other partners) and Canada's credit unions with a forum in which to work together on these challenges at the national level and an instrument to help build and implement national capabilities and services, where these are agreed.

For these purposes, Canadian Central will exercise leadership in the Canadian credit union system in the following areas:

• through strong representation of its owner organizations and the Canadian credit union system in national organizations such as the Canadian Payments Association and Interac Association;


• through advocacy, in consultation with its owner organizations, to promote the interests of the Canadian credit union system in the face of an increasingly competitive environment in the Canadian financial services sector;


• through the building of constructive relationships with the federal government and with federal officials to ensure that the interests of the credit union system are considered in government policy-making and to assist its owner organizations and regulators in cross-border regulatory issues that may arise from time to time;


• through the facilitation of national services and conveniences that bring efficiencies and cost savings to the credit union system;

and in so doing, Canadian Central will at all times strive to meet the highest standards of performance and ethical conduct in its operations and will effectively manage the risks associated with these activities and meet applicable compliance and other regulatory responsibilities as required by governments or national organizations in a full and timely manner.

(Adopted by CUCC Board of Directors, June, 2006)