Coalition of Canada’s credit unions extends exclusive partnership with Collabria Financial through 2030

Key Takeaways:

• A coalition of over 160 Canadian credit unions has extended its agreement with Collabria through 2030
• Ninety-eight percent of Canadian credit unions use Collabria-issued credit cards
• The agreement signals a continued focus on secure and innovative services for credit union members
• Collabria remains the leading credit card provider within the credit union ecosystem
• The extension highlights a shared commitment to advancing Canadian credit unions’ payment capabilities

Partnership Extended to 2030

The National Credit Card Program (NCCP), a coalition of more than 160 credit unions in Canada, has solidified its commitment to Collabria Financial by approving a three-year extension to their current contract. Originally set to expire in 2027, the partnership will now last until December 31, 2030—demonstrating the importance the NCCP places on continuity and trusted financial services.

Ninety-Eight Percent of Credit Unions Onboard

Under this partnership, 98% of Canadian credit unions rely on Collabria-issued credit cards every day. This near-universal adoption underscores the organization’s ability to meet the diverse needs of Canada’s credit union membership and to provide stable, accessible solutions for everyday transactions.

A Trusted Credit Card Provider

According to Ken Shea, Chair of the NCCP Advisory Council, “Payments are the gateway to deeper member connections and a catalyst for innovation in modern banking.” Shea also noted that Collabria’s continued leadership in credit card solutions enables credit unions to deliver exceptional experiences. By extending the contract through 2030, both parties commit to advancing the credit union system and delivering lasting value to members.

Ensuring Modern Financial Services

Collabria’s role in supplying competitive and secure credit card options remains vital as credit unions seek to keep pace with evolving banking technologies. With the NCCP’s endorsement, members will continue to benefit from card features that cater to convenience, security, rewards, and overall financial well-being. The goal is to deepen member trust in the credit union network and foster a forward-thinking approach that stays on the cutting edge of financial innovation.