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Monday, September 21, 2020

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creative artist

creative artist

creative artist

creative artist

creative artist

creative artist


We understand the entertainment industry, and the people in it.

Who we are

Creative Arts Savings & Credit Union is a cooperatively run banking institution chartered in 2008 for the benefit of the Ontario-based members of organizations serving the entertainment industry. Qualified members of ACTRA, NABET, IATSE, the Director's Guild of Canada - Ontario or a member or employee of any of our component organizations (listed under Who Can Join), and who is a resident of Ontario, is eligible to apply for membership.  Immediate family members are also eligible to join.

Credit union members pool their money for the benefit of all.  Money deposited by members is used for loans to other members.  Interest received on those loans is used to pay interest on savings.  Management and staff are paid, whereas the Board of Directors and the Audit Committee are elected by the membership and volunteer their time.  Members are encouraged to serve on committees, run for office, and vote at the annual meeting which will be held in March of each year.

Unlike the big banks, your credit union cares about and serves only one group — our group — the creative community.

What we aren't

Creative Arts Savings & Credit Union is not part of ACTRA, DGC, NABET, IATSE or any of our members' organizations.  It is an entirely separate entity, incorporated under the laws of Ontario, and operating at arm's length. It has its own offices and its own finances.  When you save here, your money benefits only yourself and other credit union members.  If you are granted a loan, the money comes from the credit union, not the ACTRA treasury or any of our other constituency organizations.

Elected Representatives

Creatives Arts board of directors consists of 19 individuals elected by the membership at large. They are:

Brian Topp, Chair Peter Keleghan, Vice Chair
Andrew Munro Bob Underwood
Dave Forget David Macniven
John Langs John Nelles
Karen Ritson Karl Pruner
Keith Martin Gordey Lyn Mason Green
Martin O'Hanlon Richard Young
Stephen Graham Simpson Stephen Waddell
Sue Milling Theresa Tova

Humble Beginnings

Creative Arts Savings & Credit Union was the brainchild of ACTRA Toronto. A prominent group of ACTRA Toronto members, staff and finance professionals  worked diligently over a number of years on behalf of all professionals in the entertainment and creative arts industry to ensure the dream became a reality.

Known as the Credit Union Working Group, they are:

Heather Allin Karen Ritson
Brad Borbridge Wayne Robson
Lyn Mason Green Austin Schatz
Peter Keleghan Anne Marie Scheffler
David Macniven Stephen Graham Simpson
John Nelles John Sterling
Karl Pruner Brian Topp
Priya Rao Theresa Tova

At a meeting held on June 19, 2008 the incorporators of Creative Arts elected the Credit Union Working Group as the initial Board of Directors.

What is a credit union?

Credit unions are member-owned and not-for-profit financial cooperatives dedicated to improving members' lives. In Canada, 11 million members own more than 1,000 credit unions and caisses populaires.

Excess earnings that the credit union makes are returned to members in the form of dividends, or better rates and services. Stockholders own banks. Banks make money for stockholders, not for members. A credit union is owned by its member/customers. People are eligible to join a credit union based on where they work, live or have affiliations.

If you’re looking to get more value for your money and outstanding personal service, a credit union could be the answer for you.

Cooperative spirit

Credit unions are member-owned and democratically run under the supervision of a board of directors elected from among the membership. Members have the power to direct credit union policy to meet their needs. This ensures that credit union management and staff are held accountable to the members, and are continuously working in their best interest.

People helping people

Credit unions exist to help people. Every member counts. Our goal is to serve all of our members well and have the member’s best interests at heart.

Member satisfaction

Credit unions are rated highly by their members. We consistently outrank other financial institutions in member satisfaction, according to customer service surveys.


To help limit the spread of COVID-19 virus the office is closed until further notice in accordance with the recommendations of the City of Toronto  Read more...

Look Who's Talking

Shelley Cook recalls a time when she approached one of the big banks for a loan. “I told them I was a stunt girl and they said ‘Do you have a real job?’ “ Read more...

Deposit Insurance Reserve Fund

Did you know that deposits are insured by the Deposit Insurance Reserve Fund (DIRF)? So you can rest comfortably knowing your deposits are safe.   Learn more... 


416.642.6749  |  877.643.3660  |  info@creativeartscu.com








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