About CaseraSimple and straightforward.
Exceptional service should be an easy flowing transaction between a credit union and its membership. At Casera, we are working hard to eliminate inefficiencies, streamline processes and enhance our interactions.
As a member-focused co-operative, Casera Credit Union’s goal is simple: to provide exceptional service and innovative financial solutions designed to help families prosper, businesses succeed, and communities thrive.
As a member-focused co-operative, Casera Credit Union’s goal is simple: to provide exceptional service and innovative financial solutions designed to help families prosper, businesses succeed, and communities thrive.
| Benefits | Features |
| Open membership | Everyone can join. Become a Casera member in 3 quick steps: • fill out an application online or in-person at your neighbourhood branch • pay your $5 share. • start banking |
| Profit sharing | As a credit union owner and voting member, you are also entitled to share in Casera’s profits through share dividends and patronage refunds, as determined annually by our Board of Directors. |
| Neighbourhood values | We invest in programs, events and initiatives that build stronger, more vibrant neighbourhoods. |
| Expert Advice | Talk to us. Our knowledgeable staff will provide straight answers to all your questions. |
| Secured deposits | All deposits are 100% guaranteed by the Deposit Guarantee Corporation of Manitoba. |
| Diversity of service | Our face to face service and prosperity-building products are at the heart of our success. We also offer the latest in banking technologies, including online and mobile banking, a self-directed wealth management option and a virtual branch – Casera Financial. |
Vision:
We will enrich our relationship with members by introducing products that build prosperity and technologies that broaden the ways we deliver service.
Mission:
To fulfill our members’ financial needs with trustworthy advice, market-leading products, and exceptional service that creates rewarding member experiences.
Core Values:
People & Service
We invest in our employees, providing safe working conditions, in-depth training and an array of career opportunities to assist them in delivering exceptional member service.
Co-operation & Community
We foster leadership and enrichment in the spirit of the co-operative principles by proudly supporting community programs and events that enhance our neighbourhoods.
Integrity & Excellence
We serve with integrity and strive for excellence, anticipating our members’ financial needs, providing financial education, leveraging advanced technologies, and delivering sound financial solutions.
We will enrich our relationship with members by introducing products that build prosperity and technologies that broaden the ways we deliver service.
Mission:
To fulfill our members’ financial needs with trustworthy advice, market-leading products, and exceptional service that creates rewarding member experiences.
Core Values:
People & Service
We invest in our employees, providing safe working conditions, in-depth training and an array of career opportunities to assist them in delivering exceptional member service.
Co-operation & Community
We foster leadership and enrichment in the spirit of the co-operative principles by proudly supporting community programs and events that enhance our neighbourhoods.
Integrity & Excellence
We serve with integrity and strive for excellence, anticipating our members’ financial needs, providing financial education, leveraging advanced technologies, and delivering sound financial solutions.
Brent Thomas, Chief Executive Officer
With more than 30 years of front office experience in Manitoba’s credit union system, Brent Thomas has a keen understanding of what it takes to lead an efficient, forward-thinking financial institution. Brent has been at the helm of Casera since 1999, and under his leadership, the credit union continues to grow and deliver exceptional personal service and creative banking solutions.
Board of Directors
Robert Riddell, Board Chair
Adrian Measner, Vice Chair
Barbara Anderson
Dave Abel
Tessa Blaikie Whitecloud
Sky Bridges
Barry Hoeppner
Karen Pokrant
Glen Swanson
With more than 30 years of front office experience in Manitoba’s credit union system, Brent Thomas has a keen understanding of what it takes to lead an efficient, forward-thinking financial institution. Brent has been at the helm of Casera since 1999, and under his leadership, the credit union continues to grow and deliver exceptional personal service and creative banking solutions.
Board of Directors
Robert Riddell, Board Chair
Adrian Measner, Vice Chair
Barbara Anderson
Dave Abel
Tessa Blaikie Whitecloud
Sky Bridges
Barry Hoeppner
Karen Pokrant
Glen Swanson
HELP CASERA GROW & PROSPER
Join the Board of Directors
Casera Credit Union is seeking members with significant business experience to join its Board of Directors. Candidates for the Board should have a passion for credit union values, as well as demonstrated competencies in some of the following:
• audit and compliance
• Board and Chief Executive Officer performance
• credit union operations
• financial literacy
• governance and ethics
• leadership
• regulatory environment
• risk management oversight
• strategic planning
Casera embraces the benefits provided by a diverse Board and works hard to recruit new Directors who reflect the credit union's membership.
Nominations have closed for the 2021 year. The 2022 director nomination package will be available for download in late 2021.
Join the Board of Directors
Casera Credit Union is seeking members with significant business experience to join its Board of Directors. Candidates for the Board should have a passion for credit union values, as well as demonstrated competencies in some of the following:
• audit and compliance
• Board and Chief Executive Officer performance
• credit union operations
• financial literacy
• governance and ethics
• leadership
• regulatory environment
• risk management oversight
• strategic planning
Casera embraces the benefits provided by a diverse Board and works hard to recruit new Directors who reflect the credit union's membership.
Nominations have closed for the 2021 year. The 2022 director nomination package will be available for download in late 2021.
An easy flowing transaction.
We believe that exceptional service should be an easy flowing transaction between a credit union and its membership. At Casera, we’re working hard to eliminate inefficiencies, streamline processes and enhance our interactions. We are striving to make our members’ banking experiences as seamless and straightforward as possible.
To learn more about how we're providing value to our members' banking experiences, check out uncomplicatedadvice.ca
We believe that exceptional service should be an easy flowing transaction between a credit union and its membership. At Casera, we’re working hard to eliminate inefficiencies, streamline processes and enhance our interactions. We are striving to make our members’ banking experiences as seamless and straightforward as possible.
To learn more about how we're providing value to our members' banking experiences, check out uncomplicatedadvice.ca
Our purpose is to serve.
Casera Credit Union was founded in the boiler shop of the Canadian National Railway's Transcona Shops in 1951, the vision of 10 tradesmen who invested $5 each for an opportunity to save and borrow money. Since then, we have branched out from Transcona to St. Vital, changed our name from Transcona Credit Union to Casera, and along the way became one of Winnipeg's leading providers of innovative financial services.
Over the years, we have never lost our founders' roll-up-your-sleeves-and-get-to-work attitude. We still believe that a person's character is just as valuable as their collateral and that the communities we do business in are our neighbourhoods too. Above all, we are proud of our determination to carry on the time-honoured tradition of face to face service. At Casera, personal service is not just a promise – it is our purpose.
Casera Credit Union was founded in the boiler shop of the Canadian National Railway's Transcona Shops in 1951, the vision of 10 tradesmen who invested $5 each for an opportunity to save and borrow money. Since then, we have branched out from Transcona to St. Vital, changed our name from Transcona Credit Union to Casera, and along the way became one of Winnipeg's leading providers of innovative financial services.
Over the years, we have never lost our founders' roll-up-your-sleeves-and-get-to-work attitude. We still believe that a person's character is just as valuable as their collateral and that the communities we do business in are our neighbourhoods too. Above all, we are proud of our determination to carry on the time-honoured tradition of face to face service. At Casera, personal service is not just a promise – it is our purpose.
To help us keep in touch with members, Casera maintains active social media accounts on Facebook, Twitter and Instagram. Posts are added two to three times a week with essential information about product launches, promotional campaigns, community events, and important news.
Like us on Facebook
Follow us @CaseraCU
Follow casera_cu on Instagram
Like us on FacebookFollow us @CaseraCUFollow casera_cu on Instagram
In Casera's quarterly newsletter you'll find informative news items, a message from our CEO and timely stories about our technologies, products, and services. You can always access the newsletter any time of the day on our website.
Click below to view and download our newsletters.
July 2021 **NEW
April 2021
January 2021
October 2020
July 2020
April 2020
January 2020
October 2019
July 2019
April 2019
January 2019
October 2018
July 2018
April 2018
January 2018
October 2017
July 2017
April 2017
January 2017
Click below to view and download our newsletters.
July 2021 **NEW
April 2021
January 2021
October 2020
July 2020
April 2020
January 2020
October 2019
July 2019
April 2019
January 2019
October 2018
July 2018
April 2018
January 2018
October 2017
July 2017
April 2017
January 2017
A legacy of success.
Since 1951, Casera Credit Union has grown and prospered. We are nurtured by the vision of our ten charter members, strengthened by the loyalty of our members and powered by the dedication of our hard-working staff.
1951
The Group of 10
Transcona Credit Union Society launches with $50 in its account. Ten charter members from the Canadian National Railway (CNR) Transcona Shops – Walter Alam, Harry Brown, Charles Burkett, Robert Davison, Arthur Everton, Eric Hansen, Thomas Herling, Walter Keen, Peter Mathewson and Michael Tomkiw – put up $5 each to form an employee credit union.
1952
Open for Business
TCU operates out of a small trailer on Bond Street, north of the CNR Shops’ main gate. Members can now open savings accounts and apply for mortgages up to $1,000.
1954
Bond Street Finance
A new office opens at 208 Bond Street. Membership in TCU is opened to all Transcona residents.
1960
New Location
TCU moves into new offices at 108 Bond Street.
1963
Open to All
TCU opens its bond of association. Now, anyone can become a member.
1964
Million Dollar Milestone
Thirteen years after being established, TCU achieves $1 million in assets.
1970
Walk-Up Service
Manitoba’s first walk-up teller is installed. It handles deposits and withdrawals before and after regular office hours.
1973
Merger Vote
Members of TCU and the CCIL Employees Credit Union approve a merger. TCU grows by 174 new members.
1977
A New Address
Increasing membership leads to construction of a new building at 1300 Plessis Road. The Bond Street branch is closed two years later.
1984
Another First
TCU becomes the first Manitoba credit union to go online with an electronic financial services network. The move paves the way for automated tellers.
1985
Do-it-Yourself Automation
An ATM is installed in the Plessis branch. By 1989, the machine is recognized as the busiest credit union ATM in the province.
1991
Financial Fun
Thanks to the launch of the Fat Cat and Moving Up youth accounts, TCU’s youngest members can learn about saving money.
1994
Eastward Expansion
TCU opens a new branch on Kildare Avenue. Walter Alam, the last remaining charter member, cuts the ribbon.
1995
Drive-Thru Convenience
Manitoba’s first credit union drive-thru ATM is unveiled at the Plessis branch. It processes 996 transactions in four days.
1997
High School Branch
TCU partners with Transcona Collegiate Institute to form Titan Credit Union, a course-based program that teaches money management.
2001
Celebrating Success
TCU’s first 50 years of success are celebrated.
2006
Fresh Identity
A new branch opens on St. Anne’s Road in St. Vital. To reflect expansion to a new market area, TCU changes its name to Casera Credit Union.
2008
Making a Difference
Casera becomes a sponsor of the Casera Walk With L’Arche,
a major fundraiser to assist people with developmental disabilities.
2009
Service Enhancements
A new computer system is installed, enhancing Casera’s delivery of Internet-based services. Casera becomes the first credit union in Manitoba to launch mobile banking.
2010
Security and Convenience
Casera introduces chip cards that use microchip technology to make retail payments and ATM withdrawals safer and more convenient.
2011
Honouring Our Heritage
Casera celebrates 60 years of success. Publishes Strength Through Service, a history of the credit union from 1951 to 2011.
2012
Rolling Out Technology
New banking technology – Mobile Web, Interac® e-Transfer and Direct Alerts – is rolled out. Casera's Facebook page makes its debut.
2014
Keeping Pace
To keep pace with the competitive financial industry, Casera launches a new app called Casera CU Mobile. Small Business Online Banking is also introduced to help meet the needs of business members.
2015
Stepping Forward
Deposit Anywhere™ is introduced, allowing members to deposit cheques with their smartphones.
Casera refreshes its logo and introduces U.B., the credit union's new spokesperson. A new website called uncomplicatedadvice.ca, is launched, becoming a companion site to caseracu.ca.
Casera partners with Dakota Collegiate to establish Lancer Credit Union, a course-based program that teaches money management.
To help broaden the credit union's reach, a virtual branch – Casera Financial – is launched online. Now, members can conduct business with Casera no matter where they live.
2016
Pioneering Success
Casera celebrates 65 years of initiative and innovation. Publishes Trailblazers Infographic Poster, a history of the credit union’s trailblazing firsts.
The inaugural Casera Community Awards is launched to recognize individuals and nonprofit groups whose tireless leadership enriches our neighbourhoods.
2017
Service Optimization
New generation ATMs are installed at the Kildare and Southglen branches. The machines feature a larger monitor with improved graphics and enhanced interface.
Personal Financial Management (PFM) system launches as an enhanced feature of CU@Home. A smart and secure way for members to view their accounts and understand their money.
Youth branch, Titan Credit Union celebrates 20 year anniversary.
2018
Making it Count
In partnership with the Manitoba Securities Commission and Louis Riel School Division, Casera introduces Make it Count — a financial literacy program designed for Grades 4 to 7 — at H.S. Paul School in St. Vital.
Casera and Qtrade Investor launches a cost-effective online investing platform.
As part of the All Party Credit Union Caucus, Casera submits a brief to the Federal Government requesting flexibility for Canada’s credit unions to continue using terms such as “bank” and “banking” when serving members. The group’s advocacy and support of Members of Parliament helps clarify ambiguous language in the Bank Act.
2019
Introducing Online Advice
Partnering with Aviso Wealth, Casera introduces VirtualWealth,® an online advice platform that matches investors with tailored, professionally-managed portfolios based on goals, timelines and tolerance for risk.
The Kildare branch celebrates 25 years of serving members in East Transcona. A special event marked the milestone.
2020
Meeting the Challenge
Casera meets the challenge of COVID-19 by implementing an emergency preparedness plan to protect staff and members and ensure the safe delivery of financial services. When the Manitoba government declares a state of emergency, the St. Anne’s branch is temporarily closed and business hours at the Plessis and Kildare branches reduced to help maintain social distancing. Comprehensive health and safety protocols are implemented, including increasing sanitization, maximizing the number of members inside the branches, and installing plastic shields at all member service points.
Since 1951, Casera Credit Union has grown and prospered. We are nurtured by the vision of our ten charter members, strengthened by the loyalty of our members and powered by the dedication of our hard-working staff.
1951
The Group of 10
Transcona Credit Union Society launches with $50 in its account. Ten charter members from the Canadian National Railway (CNR) Transcona Shops – Walter Alam, Harry Brown, Charles Burkett, Robert Davison, Arthur Everton, Eric Hansen, Thomas Herling, Walter Keen, Peter Mathewson and Michael Tomkiw – put up $5 each to form an employee credit union.
1952
Open for Business
TCU operates out of a small trailer on Bond Street, north of the CNR Shops’ main gate. Members can now open savings accounts and apply for mortgages up to $1,000.
1954
Bond Street Finance
A new office opens at 208 Bond Street. Membership in TCU is opened to all Transcona residents.
1960
New Location
TCU moves into new offices at 108 Bond Street.
1963
Open to All
TCU opens its bond of association. Now, anyone can become a member.
1964
Million Dollar Milestone
Thirteen years after being established, TCU achieves $1 million in assets.
1970
Walk-Up Service
Manitoba’s first walk-up teller is installed. It handles deposits and withdrawals before and after regular office hours.
1973
Merger Vote
Members of TCU and the CCIL Employees Credit Union approve a merger. TCU grows by 174 new members.
1977
A New Address
Increasing membership leads to construction of a new building at 1300 Plessis Road. The Bond Street branch is closed two years later.
1984
Another First
TCU becomes the first Manitoba credit union to go online with an electronic financial services network. The move paves the way for automated tellers.
1985
Do-it-Yourself Automation
An ATM is installed in the Plessis branch. By 1989, the machine is recognized as the busiest credit union ATM in the province.
1991
Financial Fun
Thanks to the launch of the Fat Cat and Moving Up youth accounts, TCU’s youngest members can learn about saving money.
1994
Eastward Expansion
TCU opens a new branch on Kildare Avenue. Walter Alam, the last remaining charter member, cuts the ribbon.
1995
Drive-Thru Convenience
Manitoba’s first credit union drive-thru ATM is unveiled at the Plessis branch. It processes 996 transactions in four days.
1997
High School Branch
TCU partners with Transcona Collegiate Institute to form Titan Credit Union, a course-based program that teaches money management.
2001
Celebrating Success
TCU’s first 50 years of success are celebrated.
2006
Fresh Identity
A new branch opens on St. Anne’s Road in St. Vital. To reflect expansion to a new market area, TCU changes its name to Casera Credit Union.
2008
Making a Difference
Casera becomes a sponsor of the Casera Walk With L’Arche,
a major fundraiser to assist people with developmental disabilities.
2009
Service Enhancements
A new computer system is installed, enhancing Casera’s delivery of Internet-based services. Casera becomes the first credit union in Manitoba to launch mobile banking.
2010
Security and Convenience
Casera introduces chip cards that use microchip technology to make retail payments and ATM withdrawals safer and more convenient.
2011
Honouring Our Heritage
Casera celebrates 60 years of success. Publishes Strength Through Service, a history of the credit union from 1951 to 2011.
2012
Rolling Out Technology
New banking technology – Mobile Web, Interac® e-Transfer and Direct Alerts – is rolled out. Casera's Facebook page makes its debut.
2014
Keeping Pace
To keep pace with the competitive financial industry, Casera launches a new app called Casera CU Mobile. Small Business Online Banking is also introduced to help meet the needs of business members.
2015
Stepping Forward
Deposit Anywhere™ is introduced, allowing members to deposit cheques with their smartphones.
Casera refreshes its logo and introduces U.B., the credit union's new spokesperson. A new website called uncomplicatedadvice.ca, is launched, becoming a companion site to caseracu.ca.
Casera partners with Dakota Collegiate to establish Lancer Credit Union, a course-based program that teaches money management.
To help broaden the credit union's reach, a virtual branch – Casera Financial – is launched online. Now, members can conduct business with Casera no matter where they live.
2016
Pioneering Success
Casera celebrates 65 years of initiative and innovation. Publishes Trailblazers Infographic Poster, a history of the credit union’s trailblazing firsts.
The inaugural Casera Community Awards is launched to recognize individuals and nonprofit groups whose tireless leadership enriches our neighbourhoods.
2017
Service Optimization
New generation ATMs are installed at the Kildare and Southglen branches. The machines feature a larger monitor with improved graphics and enhanced interface.
Personal Financial Management (PFM) system launches as an enhanced feature of CU@Home. A smart and secure way for members to view their accounts and understand their money.
Youth branch, Titan Credit Union celebrates 20 year anniversary.
2018
Making it Count
In partnership with the Manitoba Securities Commission and Louis Riel School Division, Casera introduces Make it Count — a financial literacy program designed for Grades 4 to 7 — at H.S. Paul School in St. Vital.
Casera and Qtrade Investor launches a cost-effective online investing platform.
As part of the All Party Credit Union Caucus, Casera submits a brief to the Federal Government requesting flexibility for Canada’s credit unions to continue using terms such as “bank” and “banking” when serving members. The group’s advocacy and support of Members of Parliament helps clarify ambiguous language in the Bank Act.
2019
Introducing Online Advice
Partnering with Aviso Wealth, Casera introduces VirtualWealth,® an online advice platform that matches investors with tailored, professionally-managed portfolios based on goals, timelines and tolerance for risk.
The Kildare branch celebrates 25 years of serving members in East Transcona. A special event marked the milestone.
2020
Meeting the Challenge
Casera meets the challenge of COVID-19 by implementing an emergency preparedness plan to protect staff and members and ensure the safe delivery of financial services. When the Manitoba government declares a state of emergency, the St. Anne’s branch is temporarily closed and business hours at the Plessis and Kildare branches reduced to help maintain social distancing. Comprehensive health and safety protocols are implemented, including increasing sanitization, maximizing the number of members inside the branches, and installing plastic shields at all member service points.
Building stronger neighbourhoods.
Caring for our community is one of the cornerstone values of Casera Credit Union. As a community-focused financial institution, we not only help our members achieve their financial goals, we also invest in programs, events and initiatives that build stronger, more vibrant neighbourhoods.
We believe that our communities are made stronger by the diversity of the people in them. We welcome the arrival of New Canadians to our neighbourhoods and we continue to reach out with initiatives that assist them in becoming successful citizens.
Since our founding in 1951, Casera has committed to helping young people grow and prosper. Over the years we have won awards for our efforts, and we will continue to work closely with community-based organizations that create opportunities for young people to learn the value of education, leadership and financial management.
Caring for our community is one of the cornerstone values of Casera Credit Union. As a community-focused financial institution, we not only help our members achieve their financial goals, we also invest in programs, events and initiatives that build stronger, more vibrant neighbourhoods.
We believe that our communities are made stronger by the diversity of the people in them. We welcome the arrival of New Canadians to our neighbourhoods and we continue to reach out with initiatives that assist them in becoming successful citizens.
Since our founding in 1951, Casera has committed to helping young people grow and prosper. Over the years we have won awards for our efforts, and we will continue to work closely with community-based organizations that create opportunities for young people to learn the value of education, leadership and financial management.
Honouring Neighbourhood Heroes
For over 70 years, Casera has actively supported community-focused programs, events and initiatives that enhance our Transcona and St. Vital neighbourhoods.
There are many dedicated individuals and non-profit groups that work tirelessly and at times without recognition to make our community a vibrant place in which to live and work. We acknowledge their good deeds with the annual Casera Community Awards.
“Our aim is to bring recognition to deserving community leaders and groups in Transcona and St. Vital,” says Brent Thomas, Casera's CEO. “We want to celebrate their endeavours and accomplishments and share their success stories with others.”
There are two categories of awards:
Community Leadership – The Leadership Award honours those individuals who over time have contributed to the social fabric of their community through visionary leadership or tireless volunteer work.
Community Enrichment – The Enrichment Award celebrates non-profit organizations that over time have made significant contributions to the well-being of the neighbourhoods in which they work.
Nominations are now closed for 2021. The award recipients will be acknowledged during Casera's Annual General Meeting scheduled for April 20, 2021.
An investment in ownership.
Every Casera member approved for membership is required to deposit into a common share account as a declaration of his or her ownership. Common shares form part of the capital of the credit union and are a required investment. A monthly deposit of $2.50 into your share account (up to a maximum of $200) is a condition of ownership in the credit union. You may grow your common shares to the maximum limit at any time by purchasing $5 shares bimonthly ($2.50 is withdrawn every month from your account) or purchasing 40 $5 shares ($200) when you open your membership.
Surplus shares are dividends paid out by Casera and are based on the value of a member’s common shares. With the approval of the Board of Directors, patronage refunds may be paid on interest earned or paid by the membership. Common shares and surplus shares are RRSP and RRIF eligible. Since 1994, Casera has returned over $4 million in shared profits to members.
Casera also offers a Class A Preference Share Program, an exclusive equity investment option that provides an opportunity to earn an attractive dividend. The sale of preference shares also helps strengthen Casera’s financial position through increased member share capital.
For more information about our preference share program click here.
Casera’s Common Share and Surplus Share programs are free.
View Casera's service fees.
Every Casera member approved for membership is required to deposit into a common share account as a declaration of his or her ownership. Common shares form part of the capital of the credit union and are a required investment. A monthly deposit of $2.50 into your share account (up to a maximum of $200) is a condition of ownership in the credit union. You may grow your common shares to the maximum limit at any time by purchasing $5 shares bimonthly ($2.50 is withdrawn every month from your account) or purchasing 40 $5 shares ($200) when you open your membership.
Surplus shares are dividends paid out by Casera and are based on the value of a member’s common shares. With the approval of the Board of Directors, patronage refunds may be paid on interest earned or paid by the membership. Common shares and surplus shares are RRSP and RRIF eligible. Since 1994, Casera has returned over $4 million in shared profits to members.
| Benefits | Features |
| A healthy credit union | Casera’s common share program helps the credit union maintain a strong equity position. |
| Strong membership | As owners, members participate in Casera’s democratic framework. You can help elect directors and influence policy at annual general meetings. |
| Shared earnings | Ownership allows members to share in Casera’s profits. |
| Affordability | Minimum share ($2.50 per month) required. |
Casera also offers a Class A Preference Share Program, an exclusive equity investment option that provides an opportunity to earn an attractive dividend. The sale of preference shares also helps strengthen Casera’s financial position through increased member share capital.
For more information about our preference share program click here.
Casera’s Common Share and Surplus Share programs are free.
View Casera's service fees.
The credit union advantage.
At Casera, all member deposits are guaranteed 100% by the Deposit Guarantee Corporation (DGCM) of Manitoba. Click here to access DGCM's website.
About DGCM
The Deposit Guarantee Corporation of Manitoba (DGCM) is the deposit guarantor for Manitoba Credit Unions and is required by law to guarantee without limit, all the deposits you make with your credit union. DGCM guarantees all money placed in a savings or deposit account, including any interest credited to those accounts. The corporation does not guarantee or insure the equity of a credit union. Equity consists of shares issued by the credit union or other securities and surpluses of the credit union.
Further, DGCM promotes adherence to sound and prudent standards of financial practice by all Manitoba credit unions. This is accomplished through the monitoring and examination programs of the corporation, which also help to ensure that each credit union operates within the requirements of The Credit Unions and Caisses Populaires Act and its Regulations. In addition, an independent, annual audit confirms that each credit union's financial statement presents a true picture of its operating results.
At Casera, all member deposits are guaranteed 100% by the Deposit Guarantee Corporation (DGCM) of Manitoba. Click here to access DGCM's website.
About DGCM
The Deposit Guarantee Corporation of Manitoba (DGCM) is the deposit guarantor for Manitoba Credit Unions and is required by law to guarantee without limit, all the deposits you make with your credit union. DGCM guarantees all money placed in a savings or deposit account, including any interest credited to those accounts. The corporation does not guarantee or insure the equity of a credit union. Equity consists of shares issued by the credit union or other securities and surpluses of the credit union.
Further, DGCM promotes adherence to sound and prudent standards of financial practice by all Manitoba credit unions. This is accomplished through the monitoring and examination programs of the corporation, which also help to ensure that each credit union operates within the requirements of The Credit Unions and Caisses Populaires Act and its Regulations. In addition, an independent, annual audit confirms that each credit union's financial statement presents a true picture of its operating results.
Every five years, Casera’s Board of Directors initiates a review of the credit union’s By-Laws to remove any outdated provisions, make changes that align them to sound governance and current industry practices, and ensure that they comply with The Credit Unions and Caisse Populaires Act.
Due to restrictions caused by the COVID-19 pandemic, the latest evaluation was undertaken in mid-2020 with the assistance of legal counsel and completed in September 2020.
As a result of this review, a proposed amendment to add section 5.13 Electronic Meetings to the By-Laws was presented for approval by Casera’s membership in a special resolution at the Annual General Meeting (AGM) on September 16, 2020.
The change focuses on allowing a meeting of the Board or the members of the Credit Union, including attendance or voting at a Board or members’ meeting, may be arranged by means of telephonic, electronic or other communication facilities (“electronic meetings”),
To review Casera’s By-Laws, please click below.
Casera Credit Union Limited (Casera) believes in diversity and inclusion and is committed to the goal of providing respectful, barrier-free service to all members. Casera commits to meeting and exceeding our obligations under The Accessibility for Manitobans Act (AMA).
The following procedures outline our ongoing practices and measures of the requirements of the Customer Service Standard:
The following procedures outline our ongoing practices and measures of the requirements of the Customer Service Standard:
- We are committed to equal access and participation for all people, regardless of their abilities.
- We are committed to the use of easy to read fonts and plain language.
- We are committed to treating all people in the way that allows them to maintain their dignity and independence.
- We welcome and accommodate the use of assistive devices used by our members, such as wheelchairs and communication or hearing devices.
- We are committed to identifying, removing and preventing barriers to accessibility and meeting the requirements of The Accessibility for Manitobans Act (Province of Manitoba website).
- We welcome support people who are there to assist, while respecting the privacy of all members.
- We welcome members with service animals.
- We are committed to employee training on accessible customer service, including reasonable accommodations under The Human Rights Code (Manitoba).
- We are committed to ensuring accessibility is maintained, like ensuring automatic doors are working properly, keeping entryways and open areas clear of clutter and ensuring snow be removed from entrances, walkways and ramps.
- We will communicate when accessible features and services are temporarily unavailable by putting up signs in our branches and posting information online. We include information on how long the feature will be unavailable, and whether there are other ways to access our products and services.
- We welcome and will promptly respond to all feedback received.
Casera Credit Union takes pride in delivering high quality service to our members. We are pleased to introduce the Manitoba Market Conduct Code to our members. The Code identifies the market practice standards we subscribe to. It speaks to the way credit unions and their employees conduct themselves and how they treat their existing and potential members to maintain their trust, while living out their co-operative values. Our Code was adopted by our Board on January 28, 2020. It is our demonstration to you that at Casera Credit Union, we embrace the principles of Fair Treatment in all of our Business Practices. The Code walks through a number of important aspects of our business, from offering products and services and to access to banking services. We encourage all of our members to read through it.
For more detailed information or to request a copy of the Manitoba Credit Union Market Code, please contact us at: talktous@caseracu.ca