Archived - Standard Industrial Classification - Establishments (SIC-E) 1980

• K - Finance and Insurance Industries
• 70 - Deposit Accepting Intermediary Industries
• 705 - Credit Unions

7051 - Local Credit Unions

Establishments of credit unions and caisses populaires, chartered or registered under provincial legislation, engaged in credit union activities in the respective province. Each local is an autonomous establishment and derives funds from its members (generally individuals and co-operatives) primarily through the acceptance of deposits (savings, chequing and share-savings). They provide loans and other financial services to their members.