About the Credit Unions in Newfoundland Market Research Report
What’s Included in the Credit Unions in Newfoundland Market Research Report
Definition of the Credit Unions in Newfoundland?
The Credit Unions industry in Canada consists of financial institutions known as credit unions or caisses populaires. These institutions are member owned and provide banking services, mainly deposit taking and lending, to these same members.
What’s included in the Credit Unions in Newfoundland?
The Credit Unions in Newfoundland includes accepting members' share deposits and offering members consumer loans. Related terms covered in the Credit Unions in Newfoundland industry report includes a loan financing the purchase of real estate with specified payment periods and a fixed or variable interest rate, a member-owned financial institution similar to a credit union, an amount set aside as an allowance for bad debts, which are debts where the customer defaults or where the terms of the loan need to be renegotiated, the social connection among the members of credit unions and cooperative banks, reducing debt levels, issues of economic inequality. some examples are those that are below the low-income cutoff, receive government payments, are unemployed and single-parent families and populations that structurally need a greater deal of social or economic support. some examples are seniors, children and those that are no longer in the workforce.
Industry Performance of the Credit Unions industry in Newfoundland
Benchmark the Credit Unions in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.
Credit Unions in Newfoundland
#9 in Highest Revenue 0.4% of province's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Credit Unions in Canada
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Credit Unions industry in Newfoundland
See how key industry drivers, such as gross domestic product, private investment in non-residential construction, gross domestic product, overnight rate, housing starts and new vehicle sales are impacting Credit Unions in Newfoundland
Newfoundland Economic Indicators
Gross Domestic Product
Private Investment in Non-Residential Construction
Gross Domestic Product
View more economic information in NL State Economic profile
Canada Key External Drivers
Overnight rate
Housing starts
New vehicle sales
For the full list of industry drivers, see report purchase options.
Census Metropolitan Area Data of the Credit Unions industry in Newfoundland
Access proprietary data on Census Metropolitan Area in the Credit Unions in Newfoundland, such as St. John's. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.
Key Statistics of the Credit Unions industry in Newfoundland
Download 18 years of historical data and 5 years of projected performance.
