History

The Beginning

In 1939, a group from Toronto Hydro determined
that the dignity of the worker was undermined
by the banks,

which at that time would not lend money to a worker without a letter of recommendation from the employer. As such The Toronto Electrical Utilities Credit Union Limited was formed and became incorporated on March 18, 1941. On December 3rd, 2010 the Credit Union received official news that its application for a new corporate name change to The Energy Credit Union Limited was approved.

The Credit Union was founded on democratic principles, to provide savings and loan facilities for the members and their immediate families, and includes employees from all areas of our bond, management as well as union as well as the loyal members who retain their connection in retirement.

The Credit Union continues to prosper and grow, and now boasts a membership of over 4000 with assets in excess of $85 million.

NOTICE!

Please contact our offices by phone at 416-238-5606 ext. “0”or by email at mail@theenergycu.com before your branch visit so that we can best serve you and prepare for your visit.

Please help us protect the health of our members and staff. For those few members who need to make a branch visit, masks are required to enter all Energy Credit Union branch locations.

For years our members have been able to complete transactions digitally and over the phone. Please reach out to discuss what options are best for you and, if necessary, facilitate entry into branch locations. We appreciate your patience as we are experiencing increased call volumes. Call us at 416-238-5606 ext. 0 or email at mail@theenergycu.com

Thank you for your understanding and cooperation.