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Our Mission

The Belgian-Alliance Credit Union is a community based financial institution that is open to all, with member needs at the forefront of our decision making process. We provide friendly, efficient, quality service to help our members reach their financial goals.

Our Vision

We will be a trusted leader and the preferred financial institution in the communities we serve. Our dedication to our members will support an earned reputation of delivering responsive, professional advice and of providing value through strong customer service.

Our Core Values

Our values guide our actions and decision making process. They are:

  • Members - We will provide our valued members with the highest level of respect, understanding that they are our most important asset.
  • Employees - We understand that without engaged and empowered employees, our goal of delivering exceptional member service is limited, and thus we believe that we must reward and compensate our team members accordingly. We will ensure that our employees receive the level of training and support they require to deliver upon our overall objectives, and ensure that they are equipped to perform their functions at the highest level possible.
  • Community - We will dedicate resources to "make a difference" in the communities where BACU is present.
  • Integrity - In managing our credit union, we will promote a high level of member confidence by keeping member interest at the forefront of our decision making process.
  • Operational Excellence - We will deliver on our commitment to provide excellent service as well as competitive pricing and products.
  • Financial Stewardship - We will govern our credit union in a manner that promotes financial viability and ensures its long term success.


Belgian-Alliance Credit Union is committed to maintaining the confidentiality and security of our members' personal and private information by faithfully respecting our Privacy Policy.

Safekeeping your personal information is very important to us. We maintain written procedures and a strict code of conduct to ensure that your information is kept private. All Belgian-Alliance Credit Union employees and directors complete annual training and execute a confidentiality agreement in this regard. All of our systems are password protected and encrypted to ensure that your privacy remains secure.

Should you have any questions or wish to view our Privacy Policy, please contact our Privacy Officer via This email address is being protected from spambots. You need JavaScript enabled to view it. or in writing at the following address:

Privacy Officer
Belgian-Alliance Credit Union
1177 Portage Avenue, Second Floor
Winnipeg, MB R3G 0T2

Deposit Guarantee

At Belgian-Alliance Credit Union, we know how important it is for you to know that your investments are secure. Rest assured, your deposits are safe.

All deposits guaranteed without limit by Deposit Guarantee Corporation of Manitoba.

To learn more, please visit the Deposit Guarantee Corporation of Manitoba's website.

Returning ProfitsĀ 

Each year the Board of Directors reviews the financial performance of the credit union and may set aside a portion of our profit to be allocated to each member. Since 1996 the Belgian-Alliance Credit Union has rewarded its membership with patronage refunds. More than $875,000 has been paid out to members in the form of surplus shares. Rebates are based on the amount of deposit or borrowing business conducted by members. The more business you do with Belgian-Alliance Credit Union, the more rebate you will receive.

RRSP Tax Benefit

At your request, patronage refunds can be transferred to a registered surplus share account. Such transactions are considered to be RRSP contributions and you will receive a tax receipt for income taxes.

Come and join our fold; we'd like you to participate in our rebate program!

Our History

Belgian-Alliance Credit Union lays claim to a proud tradition of dedicated member service and trust by virtue of its presence in the Manitoba Credit Union landscape over several decades. While our Credit Union continues to evolve with respect to changes in product lines, service channels and new technologies, our roots go back to the very beginnings of the Credit Union movement in our province.

The following chronology outlines key historical events and highlights our founding credit unions that have formed the Belgian-Alliance Credit Union of today.

February 1939

A new financial cooperative, Belgian Sacred Hearts Society, is founded by Reverend Father Damas-Van Dyck on February 17th to serve the financial needs of local parishioners. In 1949, the bond of association is expanded to include all peoples of Belgian or Dutch origin. The membership bond is further broadened from time to time until, in 1970, when it is opened up to all Manitobans. This entity subsequently changes its name to Belgian Credit Union in 1974. In the same year, the operation is moved to a new building location at 387 Provencher Boulevard.

May 1943

The Amalgamated Civil Servants of Canada (Winnipeg) Credit Union Society Limited (A.C.S. of C.) is incorporated to serve the financial needs of Federal Government employees and their immediate families working at Deer Lodge Hospital. This entity later becomes Adanac Credit Union. Much of the original Credit Union's business is transacted from within the Deer Lodge Hospital building itself.

April 1950

A dedicated group of individuals incorporated Vera Credit Union Limited on April 25th. The Credit Union is formed to meet the financial needs of Ukrainian-Canadians and their families living in the north end of Winnipeg. The literal translation of the word "Vera" means to have "belief" or "faith" (in the Credit Union movement and its ideals). Vera Credit Union is one of the two predecessors to Progress-Vera Credit Union.

August 1955

A group of employees at the Canadian Broadcasting Corporation decide to form an employee-based Credit Union and, on August 26th, the CBC Winnipeg Employees Credit Union Limited is incorporated. This entity will later become Communicators Credit Union. Initially the Credit Union is located within the CBC building on Portage Avenue. It later moves to the Spence Street side of the building to allow for a separate entrance for its members and, in 1994, it is moved to 1-312 Balmoral Street.

March 1958

A group of dedicated individuals brings Progress Credit Union into existence. In 1981, an amalgamation between Progress Credit Union and Vera Credit Union takes place, forming the new Progress-Vera Credit Union.

January 2001

Adanac, Communicators and Progress-Vera Credit Unions merge to form the newly founded Alliance Credit Union Ltd. and membership is opened to all. In February of 2001, the Progress-Vera branch is moved from 627 Selkirk Avenue to its current location at 101-930 Jefferson Avenue in the Maples.

January 2008

Belgian Credit Union and Alliance Credit Union merge to form the new Belgian-Alliance Credit Union; thereby bringing a stronger, unified Credit Union operation into existence, one that is better poised to serve its members into the future.

Todaythumb BACU 75 Year Logo

Belgian-Alliance Credit Union is pleased to continue in the spirit of quality member service adhered to by each of the former Credit Unions for over 75 years. Weare old friends with a fresh, new approach to the business of Credit Union-ing.


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Mark Your CalendAr

Sat, September 22nd, 2018- Annual Shred Day

Mon, October 8th, 2018- All Branches Closed (Thanksgiving Day)

US Exchange

Rates updated: September 21, 2018

For amounts $0 - $9,999 USD:

Members to Buy USD   1.3188
Members to Sell USD   1.2688

For amounts $10,000 - $49,999 USD:

Members to Buy USD   1.3113
Members to Sell USD   1.2763

For amounts greater than $50,000 USD, please contact the credit union.