SaskCentral holds an ownership position in strategic partners as a means of ensuring access to products and services Saskatchewan credit unions need to provide full service to their members.
Prairie Payment Joint Venture (PPJV)
The PPJV administers the outsourcing of payments processing capabilities with IBM Canada Ltd, providing payment and related support services to its owners Alberta Central (33.3%), SaskCentral (33.3%), and Manitoba Central (CUCM) (33.3%).
The PPJV provides credit union members with access to the most efficient, cost-effective modernized payments processing infrastructure through IBM’s Payments-as-a Service (PaaS) platform.
Celero Solutions is a joint venture between SaskCentral, Alberta Central and Manitoba Central. Celero delivers reliable, innovative and cost-effective information technology solutions to its owner organizations, prairie credit unions and third party clients.
CU CUMIS Wealth Holdings LP (CUC Wealth)
Aviso Wealth, which is owned by CUC Wealth (50%) and Desjardins (50%), supports credit unions in meeting the wealth needs of their members by integrating wealth management services across Canada. The broadly based wealth management business is positioned to compete, provide wealth management products and services for members, enable and enhance member experience, and allow credit unions to take advantage of growth opportunities.
Group Clearing Joint Venture
Group Clearing is a joint venture of SaskCentral, Central 1, Alberta Central and Manitoba Central that provides governance and oversight to group clearing strategies, activities and risks on behalf of credit unions across the country.
Canadian Credit Union Association (CCUA)
CCUA is the national trade association for Canada’s credit unions, caisses populaires (outside Quebec) and regional credit union central organizations. CCUA is the first national credit union-governed organization in Canada and works on behalf of its members in three key areas: advocating for government legislation that supports credit unions; raising awareness for credit unions with government, media and the public; and delivering expert insights to credit unions to inform their strategies.
The Co-operators Group Limited
The Co-operators is a 100% Canadian-owned and operated company. Its member-owners are co-operatives, credit unions and like-minded organizations, representing a variety of sectors and regions across the country. The Co-operators supports and funds the development of community-oriented co-operatives and social enterprises, and works to contribute to communities across Canada.
The Co-operators owns CUMIS, which partners with credit unions to deliver a wide range of insurance, wealth management and investment services.
CUCC (legal name 189286 Canada Inc.)
CUCC provides payments support and specific activities in Interac to the national credit union system.