Who We Are Now

Why Choose Community First?

You’re more than a customer. You’re a Member and an Owner.

As a Member and Owner, you’ll have every right to expect a very different kind of banking relationship, the kind that focuses on what’s right for you, instead of what someone wants to sell you. You can expect expert financial advice that places your best interests first. From the very beginning, the founders of this credit union had an innate sense about the power of having a purpose in business, a purpose beyond making money.

It began when 20 people came together to provide financial opportunity to their community of fellow workers. More than half a century has passed since December 1948 when this visionary group built our company’s foundation on guiding principles. These principles established our culture. Throughout the years, this foundation has remained and these basic values have led us on a path of growth and success.

As our vision and membership base expanded, a need to change our name occurred. From serving Algoma Steel workers and their families as the Algoma Steel Workers’ Credit Union in 1948; to serving the entire Algoma district as ASCU Community Credit Union in 1981; to serving the Province of Ontario as Community First Credit Union in 2005; to merging with Timmins Regional Credit Union serving the Province of Ontario as Community First Credit Union Limited in 2006.

In 2016, Community First entered into a merger with Your Neighbourhood Credit Union Limited. Community First operates as a division of Your Neighbourhood Credit Union Limited. The amalgamation offers members the same great credit union, with enhanced access to products and services. With the same local decision making and great staff, this partnership puts Community First in a unique position to continue offering the same great products and services to our members, while also expanding our footprint to Southern Ontario. Click here to see branch locations for Your Neighbourhood Credit Union.

Credit Union Aren't Like Banks


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