Team Member Login

One Vote, One Dollar

We are fully committed to giving back to our communities and making a positive impact. That's why we will be donating $1 for every member that casts a vote, to support food insecurity in Northern Ontario.

The voting period closes June 16th

Notice of Special Meeting of Members

Notice is hereby given that both Northern Credit Union and Copperfin Credit Union Limited will be hosting special meetings of the members on June 21, 2024.

Register to Attend

CEO Coffee Talks

Will the merger affect members day to day banking?

In this video, we aim to provide members with clarity on the potential impact of our merger on their daily banking experience, touching on possible service disruptions, and reassurance that keeping their banking experience smooth remains a top priority, while inviting members with concerns to reach out for personalized assistance.

How will this impact the staff at Copperfin and Northern?

Learn the significant benefits of the merger for our valued team members, including opportunities for professional growth and development, the creation of more specialized positions, expansion of roles, collaboration, and fostering a sense of unity and collaboration.

About the Partnership

Copperfin Credit Union and Northern Credit Union are working to forge a future forward and unite the North. United, the two credit unions are positioned to have the strategic vision, skills, and capacity to make a difference for their employees, and members, and advance the lives of the people and communities they serve.

Our members are at the heart of everything we do. We regularly and proactively seek out opportunities that help us remain competitive, relevant, sustainable, and true to our local roots, so we can continue to provide value to our members and our communities for years to come. With the shared interest in creating value for our members and strengthening our northern communities, the Board of Directors from Northern Credit Union and Copperfin Credit Union have come together to explore the possibility of a merger.

Why Your Involvement Matters

Exciting times are upon us as we embark on a journey of growth, collaboration, and innovation through our upcoming merger. As valued members of our dynamic organizations, your role is crucial in shaping the success of this partnership. Together, we can build a stronger, more resilient organization that thrives in the face of challenges and creates new opportunities for you our members, our employees and our communities.

Your loyalty and commitment are the driving force behind our collective achievements. Together, we are not just witnessing a merger; we are shaping the history of our organizations.


2.462 Billion
in Assets



For Members

Increased ability to invest in new technology, innovative products and services, and tools to meet evolving needs.

Greater access to expertise and knowledge to solve unique needs.

Larger employee base that is dedicated to understanding needs and finding solutions to match.

Expanded branch network to bank where, when, how you want.

For Team Members

New career opportunities and specialized roles with greater professional development across a broader network.

A culture that builds on our combined strengths.

Access to additional skill sets and expertise.

Additional tools and resources that support a healthy work-life balance.

For Communities

Increased ability to support the communities in Northern Ontario.

Greater ability to invest and foster meaningful connections and contribute to our economies.

More opportunities to contribute time and money to the communities and causes that matter to our members.

Increased capacity to serve larger businesses allowing for stronger financial service needs met by a local credit union.

“We’re very excited about this merger and the potential to create incremental value for our members. Together we will be capable of delivering greater benefits to members such as access to an expanded branch network, continued investment in technology and digital services, and enhanced value and convenience for our members. We want our members and the people in our communities to benefit from an industry–leading financial institution, built in the North, and focused on their success. This partnership helps us to realize this.”
— Board Chairs, Tim Foster, Northern Credit Union and Robert Jankovic, Copperfin Credit Union


January 2023

Exploring a Merger

In early 2023 the Board of Directors of both Credits Unions initiated merger discussions to explore the synergies of the two organizations.

August 2023

Exploring a Merger

The Boards confirmed their commitment to ongoing merger discussions.

October 2023

Due Diligence Kick Off

Due diligence begins to review key areas of the business to ensure reasonable care has been taken and mitigate any unforeseen risks.

November 2023

Exploring a Merger

The Boards of Directors approved the concept paper to proceed with the critical work that needs to bring the two organizations together.

January 2024

Member Survey

Member survey facilitated through a third party to gain valuable feedback on perceptions of the merger.

Due Diligence Findings

Due diligence anticipated to be completed.

Board Review and Approval of Due Diligence

Board approval of due diligence.

February 2024

Board Approval of Business Case

Board approval of business case.

March 2024

Business Case Submission

Business Case Submission.

April 2024

Member Survey

April 8 – 17

Make your voice heard and shape the future of our combined entity. On April 8, 2024, watch for a link to share your insights and thoughts on our upcoming partnership. Your insights about our mergers are crucial as we navigate this journey together!

By participating in the survey, you can influence the decisions we make and help shape the future of our credit union.

May 2024

Special Meeting of the Members Announced

Special General Meeting announced to members.

May 2024

Member Information Session

May 29, 2024 | 5:30 p.m. ET

Mark your calendars and join us for a virtual information session with the leaders shaping our future! You'll have the exclusive chance to engage directly with the CEOs from both organizations. Discover the vision, ask questions, and become an integral part of our exciting journey ahead. Register Now

June 2024

Voting Period Opens

June 3, 2024

Voting Period Closes

June 16, 2024

Special Meeting of Members

June 21, 2024

Notice is hereby given that both Northern Credit Union and Copperfin Credit Union Limited will be hosting special meetings of the members on June 21, 2024.

Northern Members  Copperfin Members

January 2025

Welcome to Your Future Forward

Official first day!

Future Forward

About Us

Northern Credit Union (Logo)

Making a difference in people's lives.

Since 1957, Northern Credit Union has evolved into a full-service, locally-operated financial institution, offering personal and commercial banking and financial planning expertise to more than 70,000 member shareholders. Now serving 28 communities in Ontario, Northern is committed to educating members in financial literacy and providing tools to achieve financial goals.

Since day one, we have been making a positive impact on the lives of our members, neighbours and communities. A lot has changed over the years, but what never will is our commitment to helping one another, a testament that's clearly defined in our Core Purpose: Making a difference in people's lives.

Copperfin Credit Union (Logo)

Advancing the lives of the people and communities we serve.

In November of 2008, two Kenora based credit unions with deep community roots joined forces to become Copperfin Credit Union. Over the years, the successful growth in the Kenora market allowed us to expand into the surrounding areas. In May of 2013, Thunder Bay based Superior Credit Union merged with Copperfin to form Northwestern Ontario’s largest locally owned credit union.

Today, we're proud to provide our members a modern, conversational credit union that specializes in personalized advice and unique financial solutions to move your life forward.

News & Updates

Date Catagory Title Description
2024-05-29 Press Release Calling all Members to Vote on a Merger for A Stronger Future. In an important milestone following thorough due diligence, Northern Credit Union and Copperfin Credit Union are preparing for a significant merger, having obtained approval from regulators. This merger is set to enhance technology, broaden the spectrum of products, bolster financial stability, and fortify commitments to members and local communities in the north.
2024-03-11 Press Release Copperfin Credit Union and Northern Credit Union Advance Merger Discussions with Completion of Due Diligence. Northern Credit Union and Copperfin Credit Union, two leading financial institutions, are pleased to announce the successful completion of the due diligence phase in their ongoing merger discussions. Demonstrating a commitment to transparency and collaborative decision-making, they are presently engaged in formulating a thorough business case for regulatory approval, paving the way for a member vote to finalize this transformative merger.
2023-08-09 Press Release Partnership Opportunity Update In February, the Boards of Directors through the Joint Partnership Committee of Northern Credit Union, Copperfin Credit Union and WFCU Credit Union engaged in exploratory conversations to determine the potential of a three-partner merger.
2023-02-27 Press Release Northern Credit Union and Copperfin Credit Union Look to Unite the North. Northern Credit Union and Copperfin Credit have formed a Joint Partnership Committee of their Boards of Directors to explore opportunities to bring their organizations together.

Frequently Asked Questions

Well, it's all about making things better for you! With this merger, we're better equipped to bring you a wider range of services and innovative products. That means more options tailored to your needs. Because your financial well-being is our top priority. But it's not just about products – we will be better able to invest in technology to make your banking experience even more convenient.

And here's the best part – the merger makes us financially stronger, so we can continue to invest in you and the 25 Northern communities we live, work, and play in! Maintaining our commitment to the North.

Choosing the name for our proposed combined credit union was an extensive undertaking, marked by careful thought and a strategic approach. The selection of the name signifies just the initial step in narrating the story of our collective journey towards forging a shared future.

After a thorough review and collaborative decision-making, we have recommended that the combined organization will be named Northern Credit Union. We believe this name captures the distinctive experiences and the lifestyle we hold dear, embodying the essence of our members, communities, and the place we proudly call home. We look forward to the possibilities and opportunities that await us.

Bringing our organizations together has many significant milestones. The achievement of each milestone will contribute to the overall success of the merger process. If successful, the official merger closing date is set for January 1, 2025.

It's an exciting journey, and we look forward to the positive outcomes that the merger will bring to our combined organization.

Our priority is to ensure a seamless transition, and we are committed to maintaining uninterrupted banking services for our members. Our credit unions are dedicated to providing you with same high-quality, personal service that exists today. In fact, you may notice some immediate benefits as a result of the merger, like access to an expanded branch network, additional after hour services through our combined contact center and an expanded ATM network. While there may be some operational changes behind the scenes, we will work diligently to minimize any disruptions to your daily banking activities.

We are committed to strengthening the communities we serve across the North and engage in opportunities that build stronger partnerships and create meaningful impact in the communities we work and live in. Today, both organizations believe that when our communities thrive, we all benefit.  From over $200,000 dollars to fighting food insecurity; to paid time off to support our employees in their volunteer efforts, we already play an active role in making our communities better.   As we grow through this merger, we're excited about the increased opportunities to give back and support local community initiatives.

We recognize the vital role our employees play in delivering an exceptional banking experience you have come to value. Their contribution is integral to the success of our business. Our objective is to consistently provide members with highly knowledgeable staff who can offer the solutions they are looking for.

During the voting period, members will be able to vote using a secure, confidential voting platform. More details around the voting platforms and access to links will be shared soon. All members over the age of 18 and in good standing are eligible to vote once. Where membership is held jointly by 2 or more persons with only one share account, the membership is entitled to only one vote. Businesses, corporations, or organizations may vote through an appointed representative.

Both Northern and Copperfin uniquely understand and commit to the communities and the specific needs of the members they proudly serve. Northern brings expertise in wealth management, aiding members in future planning, along with an expanded contact center, offering real-time services and extended hours—a transformative change for many members. Copperfin introduces convenient features such as Apple and Samsung Pay for on-the-go access to funds and a flexible re-advanceable mortgage, recognized with the Best of the Best Mortgage Experience award. The amalgamation of these strengths creates a powerful array of offerings, elevating your experience with us to new heights.

Dennis Alvestad and Richard Adam will collaborate as co-CEOs during this pivotal phase of our organizational journey. This decision stems from a spirit of partnership, ensuring equal representation of both organizations in our leadership. By uniting the strengths of Northern and Copperfin, we aim to create something truly remarkable. The co-CEO leadership model brings diverse perspectives to the table, resulting in well-rounded outcomes that benefit the organization.

The principle of partnership extends to our board composition, where members from both Copperfin and Northern will have meaningful representation. This ensures that every voice is heard and respected, as we chart our course forward. Reflecting on the skills and experience of both Boards of Directors, the Board of Directors will be made up of five (5) members from the Copperfin Board and seven (7) members of the Northern Board. We are confident that we have a strong Board to lead us into the next chapter of our combined history.

Contact Us

Questions or Concerns? Let Us Know.

A New Ontario-Wide (Literally) Branch Network
Serving the Following Communities:

Word cloud map of communities in Ontario with those serviced by Northern and Copperfin Credit Unions indicated
  • Arnprior
  • Barry’s Bay
  • Capreol
  • Chapleau
  • Chesley
  • Deep River
  • Durham
  • Eganville
  • Elliot Lake
  • Englehart
  • Espanola
  • Garson
  • Hornepayne
  • Kenora
  • Kirkland Lake
  • North Bay
  • Pembroke
  • Red Rock
  • Richards Landing
  • Sault Ste. Marie
  • Sudbury
  • Thessalon
  • Thunder Bay
  • Timmins
  • Wawa