News

What Makes Credit Unions So Unique?

Published Date: Jul 13, 2021

Join our upcoming cohort, CUIC 201: Credit Unions Different by Design, to learn everything you ever wanted to know about credit unions and the credit union system, in an engaging and collaborative learning environment. By learning about the system, you will be able to identify the differentiating factors that keep credit unions and the system strong and relevant in today’s increasingly competitive environment.

Past learners tell us the top 3 reasons they enrolled in this course:

  • To learn how credit unions work and the importance the system plays in the Canadian financial industry
  • To understand the many differences between credit unions and banks
  • To confidently communicate what makes a credit union a better choice

Participants report a 31% increase in their level of confidence having completed the course!

This course also covers how and why credit unions were started, the importance of centrals, as well as introductions to many key topics, such as understanding the credit union’s financial results, regulatory requirements, and our history of innovation.

“CUIC 201 – Credit Unions: Different by Design, was the perfect cohort for someone like me who is new to the inner workings of a credit union. I found the history of how the system developed quite interesting and unique, and saw clear links into how the base premise is still very alive today. The facilitator was incredibly knowledgeable and eager to answer any questions students had. I would highly recommend this program!”

Past CUIC 201 participant

You will truly be proud to work for a credit union after taking this course, and it will give you the confidence and knowledge to provide a higher level of service to your members.

CCUA Campus login is required. To request an account email clientsolutions@ccua.com.


Bonus: Earn Digital Credentials!
70% of participants took the course as part of an accreditation.

Learners with an existing business degree or certificate, can use the credits earned from completing this course towards achieving the Fellow of the Credit Union Institute of Canada designation.

This course also counts as credit towards some of CUIC’s other industry-recognized accreditations. Learn more about the accreditation programs and learning paths available here.

Benefits of joining a Cohort

Joining a cohort provides an engaging and collaborative learning experience where you will get to interact with the facilitator, as well as other credit union employees.

CUIC facilitator, and former credit union CEO, Rick Vaillancourt is passionate about the benefits of learning through a cohort and says:

“Learners are fulfilled with their participation and new learnings as they become more knowledgeable and confident. As a matter of fact, I believe confidence building is developed much quicker in a cohort program than in a regular classroom program. Cohorts also offer flexibility to participate from wherever the learner is, at whatever time they wish. ”


The CUIC 201 cohort runs for 12 weeks and provides learning that can be applied directly back to the job. The cohort is comprised of:

Weekly, asynchronous modules

Learners will be responsible for reviewing a module each week from the course study guide that can be completed asynchronously, at their own pace.

Facilitated, online, peer-to-peer discussion each week.

Throughout the program, learners will have access to a subject matter expert in the in the weekly discussion area. Here, they can interact with the facilitator or their credit union peers. Each week, faculty will post a series of questions about the weekly module. These are designed to help learners practice, explore and apply what they are learning. The faculty allow a week for learners to respond with their answers, then will post the response. Participation is worth 10% of the final mark.

Formal assignments

There are two, case-study based assignments that must be completed by each learner. These are submitted to faculty for marking and are worth 40% of your final mark.

Final exam

Each learner must pass the final exam for their CUIC course with a minimum of 60%. The final exams are written and administered by Dalhousie University are worth 50% of your final mark. There are 100 multiple choice questions that must be completed within 120 minutes.

CCUA Campus login is required. To request an account email clientsolutions@ccua.com.