National System Results. Fourth Quarter 2016

National System Results Fourth Quarter 2016

National System Results Fourth Quarter 2016 Canadian credit unions ended 2016 with solid growth and a strong balance sheet. Canadian Credit Union Association (CCUA) affiliated credit unions/caisses populaires across Canada reported $202.5 billion in assets at the end of 2016, representing a $14.2 billion or 7.5 per cent increase over year-end 2015. Canadians had $173.7 billion on deposit with affiliated credit unions and caisses populaires, representing an increase of $10.6 billion or 6.5 per cent over fourth quarter 2015. Lending activity grew by 7.6 per cent. Total loans recorded an $11.9 billion gain, with$169.68 billion in the portfolio at fourth quarter 2016. $250.0 $ Billions $200.0 $150.0 $100.0 $50.0 $0.0 4QTR15 1QTR16 2QTR16 3QTR16 4QTR16 Assets $188.344 $190.694 $195.973 $200.880 $202.504 Loans 157.767 160.156 164.303 167.819 169.683 Savings 163.104 164.804 168.638 172.433 173.687 Assets Loans Savings

Number of Affiliated As of fourth quarter 2016, there are 281 credit unions and caisses populaires in the CCUA affiliated system, a decline of three from the 284 credit unions and caisses reported at third quarter 2016. The sharp decline from second quarter 2016 to third quarter 2016 was a result of UNI Financial Cooperation in New Brunswick becoming a federal credit union during third quarter 2016. Fifteen caisses populaires joined forces becoming one federal credit union. 500 450 400 350 300 250 200 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 No. of CUs 326 320 317 315 313 308 303 316 315 306 303 284 281

Number of Locations Credit Union Locations At the end of the fourth quarter 2016, there are 1,807 locations in the credit union system, an increase of two locations since third quarter. Note: The Manitoba and New Brunswick caisses joining the national trade association largely attributed to the substantial increase at third quarter 2015. 2,000 1,900 1,800 1,700 1,600 1,500 1,400 1,300 1,200 1,100 1,000 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 Locations 1,741 1,742 1,740 1,746 1,747 1,746 1,744 1,817 1,819 1,818 1,812 1,805 1,807

Membership Credit Union Membership Close to 5.6 million Canadians are members of a CCUA affiliated credit union or caisse populaire as of fourth quarter 2016. Note: The Manitoba and New Brunswick caisses joining the national trade association largely attributed to the substantial increase at third quarter 2015. 5,750,000 5,500,000 5,250,000 5,000,000 4,750,000 4,500,000 4,250,000 4,000,000 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 Membership 5,335,232 5,335,175 5,317,926 5,345,145 5,344,344 5,349,050 5,356,702 5,575,409 5,576,075 5,595,468 5,603,855 5,611,814 5,573,655 System Results is published quarterly by Canadian Credit Union Association. For editorial or general inquiries please contact: Sandra Brizland sbrizland@ccua.com Canadian Credit Union Association 151 Yonge Street, Suite 1000, Toronto, ON M5C 2W7 Tel: (416) 232-3420 FAX: (416) 232-9196 www.ccua.com

FOURTH QUARTER 2016 CREDIT UNION/CAISSE POPULAIRE SYSTEM RESULTS AFFILIATED CREDIT UNIONS & CAISSES POPULAIRES ($millions) Total Total Total Total Credit Total Total Province Savings/Deposits Loans Assets Unions Locations Membership British Columbia $62,535 $59,664 $71,938 42 374 1,909,300 Alberta $20,981 $21,181 $24,516 23 199 616,000 Saskatchewan $18,426 $17,396 $21,596 46 265 474,126 Manitoba $26,138 $24,061 $28,641 35 213 643,891 Ontario $36,067 $38,695 $44,897 71 529 1,408,881 Ontario CPs $1,282 $1,245 $1,479 12 26 57,488 New Brunswick (1) $4,055 $3,823 $4,845 11 81 213,094 Nova Scotia $2,192 $1,899 $2,409 25 70 146,988 Prince Edward Island $903 $762 $991 7 14 50,248 Newfoundland $1,108 $957 $1,191 9 36 53,639 TOTAL $173,687 $169,685 $202,504 281 1,807 5,573,655 NON-AFFILIATED CREDIT UNIONS & CAISSES POPULAIRES Ontario $3,899 $4,670 $5,336 13 50 134,359 Quebec $114,771 $133,086 $159,106 300 985 4,422,369 TOTAL CPs $118,670 $137,756 $164,442 313 1,035 4,556,728 Ontario $127 $88 $140 3 6 9,701 TOTAL Non-Affiliates $118,797 $137,844 $164,583 316 1,041 4,566,429 COMBINED CANADIAN CREDIT UNION & CAISSE POPULAIRE SYSTEM RESULTS TOTAL $292,484 $307,528 $367,086 597 2,848 10,140,084 (1) New Brunswick data include one federal credit union results. Above Figures do not include affiliated companies of the credit union system, such as Concentra Financial Inc., The CUMIS Group Ltd., The Co-operators Group Ltd., Credential Financial Inc., and NEI Investments.

AFFILIATED CREDIT UNION / CAISSE POPULAIRE SYSTEM RESULTS As of Fourth Quarter 2016 ($ Millions) Growth over Annual Growth Rate 4QTR15 4QTR16 Fourth Quarter 2015 Assets $188,344 $202,504 7.5% Savings/Deposits $163,104 $173,688 6.5% Loans (Gross) $157,768 $169,685 7.6% Number of 315 281-10.8% Number of Credit Union Locations 1,819 1,807-0.7% Membership 5,576,075 5,573,655 0.0% Growth over Quarterly Growth Rate 3QTR16 4QTR16 Third Quarter 2016 Assets $200,880 $202,504 0.8% Savings/Deposits $172,433 $173,688 0.7% Loans (Gross) $167,820 $169,685 1.1% Number of 284 281-1.1% Number of Credit Union Locations 1,805 1,807 0.1% Membership 5,611,814 5,573,655-0.7%

AFFILIATED CREDIT UNION & CAISSE POPULAIRE SYSTEM RESULTS QUARTERLY GROWTH As of Fourth Quarter 2016 SAVINGS ($Millions) BC $57,816 $58,345 $60,775 $62,668 $62,535 0.9% 4.2% 3.1% -0.2% 8.2% AB 20,818 20,688 20,680 20,961 20,981-0.6% 0.0% 1.4% 0.1% 0.8% SK 17,804 18,076 18,088 18,281 18,426 1.5% 0.1% 1.1% 0.8% 3.5% MB (3) 25,054 25,310 25,620 25,860 26,138 1.0% 1.2% 0.9% 1.1% 4.3% ON 32,469 33,200 34,048 35,102 36,067 2.3% 2.6% 3.1% 2.7% 11.1% ON CPs 1,240 1,263 1,275 1,286 1,282 1.9% 1.0% 0.9% -0.3% 3.4% NB (4) 3,849 3,869 3,978 4,043 4,055 0.5% 2.8% 1.6% 0.3% 5.4% NS 2,103 2,114 2,150 2,196 2,192 0.5% 1.7% 2.1% -0.2% 4.2% PEI 862 853 903 920 903-1.0% 5.9% 1.9% -1.8% 4.8% NFLD 1,089 1,086 1,121 1,116 1,108-0.3% 3.2% -0.4% -0.7% 1.7% TOTAL $163,104 $164,804 $168,638 $172,433 $173,687 1.0% 2.3% 2.3% 0.7% 6.5% LOANS BC $55,643 $56,967 $58,709 $59,557 $59,664 2.4% 3.1% 1.4% 0.2% 7.2% AB 20,339 20,510 20,629 21,005 21,181 0.8% 0.6% 1.8% 0.8% 4.1% SK 16,653 16,669 16,891 17,203 17,396 0.1% 1.3% 1.8% 1.1% 4.5% MB (3) 22,748 22,854 23,265 23,804 24,061 0.5% 1.8% 2.3% 1.1% 5.8% ON 34,430 35,199 36,658 37,663 38,695 2.2% 4.1% 2.7% 2.7% 12.4% ON CPs 1,193 1,199 1,223 1,240 1,245 0.5% 2.0% 1.4% 0.4% 4.4% NB (4) 3,291 3,284 3,417 3,767 3,823-0.2% 4.0% 10.2% 1.5% 16.2% NS 1,820 1,820 1,839 1,867 1,899 0.0% 1.0% 1.5% 1.7% 4.3% PEI 712 719 730 766 762 1.0% 1.5% 4.9% -0.5% 7.0% NFLD 938 936 942 947 957-0.2% 0.6% 0.5% 1.1% 2.0% TOTAL $157,767 $160,157 $164,303 $167,819 $169,683 1.5% 2.6% 2.1% 1.1% 7.6% ASSETS BC $66,356 $67,133 $69,839 $72,054 $71,938 1.2% 4.0% 3.2% -0.2% 8.4% AB 23,762 23,816 24,085 24,380 24,516 0.2% 1.1% 1.2% 0.6% 3.2% SK 20,804 21,110 21,176 21,504 21,596 1.5% 0.3% 1.5% 0.4% 3.8% MB (3) 27,313 27,606 28,025 28,349 28,641 1.1% 1.5% 1.2% 1.0% 4.9% ON 39,946 40,834 42,386 43,634 44,897 2.2% 3.8% 2.9% 2.9% 12.4% ON CPs 1,424 1,450 1,464 1,482 1,479 1.8% 1.0% 1.2% -0.2% 3.9% NB (4) 4,302 4,320 4,444 4,862 4,846 0.4% 2.9% 9.4% -0.3% 12.6% NS 2,321 2,323 2,365 2,409 2,409 0.1% 1.8% 1.9% 0.0% 3.8% PEI 946 936 988 1,007 991-1.1% 5.6% 1.9% -1.6% 4.8% NFLD 1,169 1,166 1,201 1,199 1,191-0.3% 3.0% -0.2% -0.7% 1.9% TOTAL $188,343 $190,694 $195,973 $200,880 $202,504 1.2% 2.8% 2.5% 0.8% 7.5% (1) Quarterly growth rates compared growth rates with that of previous quarter. (2) Annual growth rates compare 4Q16 with 4Q15 (3) Manitoba data include caisse populaire results. (4) New Brunswick data include one federal credit union results.

AFFILIATED CREDIT UNION & CAISSE POPULAIRE SYSTEM RESULTS QUARTERLY GROWTH As of Fourth Quarter 2016 BC 42 42 42 42 42 0.0% 0.0% 0.0% 0.0% 0.0% AB 28 27 27 24 23-3.6% 0.0% -11.1% -4.2% -17.9% SK 49 46 46 46 46-6.1% 0.0% 0.0% 0.0% -6.1% MB (3) 35 35 35 35 35 0.0% 0.0% 0.0% 0.0% 0.0% ON 80 76 73 72 71-5.0% -3.9% -1.4% -1.4% -11.3% ON CPs 12 12 12 12 12 0.0% 0.0% 0.0% 0.0% 0.0% NB (4) 25 25 25 11 11 0.0% 0.0% -56.0% 0.0% -56.0% NS 28 27 27 26 25-3.6% 0.0% -3.7% -3.8% -10.7% PEI 7 7 7 7 7 0.0% 0.0% 0.0% 0.0% 0.0% NFLD 9 9 9 9 9 0.0% 0.0% 0.0% 0.0% 0.0% TOTAL 315 306 303 284 281-2.9% -1.0% -6.3% -1.1% -10.8% BC 374 374 375 375 374 0.0% 0.3% 0.0% -0.3% 0.0% AB 203 203 203 200 199 0.0% 0.0% -1.5% -0.5% -2.0% SK 267 266 266 265 265-0.4% 0.0% -0.4% 0.0% -0.7% MB (3) 220 220 218 213 213 0.0% -0.9% -2.3% 0.0% -3.2% ON 525 525 521 524 529 0.0% -0.8% 0.6% 1.0% 0.8% ON CPs 26 26 26 26 26 0.0% 0.0% 0.0% 0.0% 0.0% NB (4) 81 81 81 81 81 0.0% 0.0% 0.0% 0.0% 0.0% NS 72 72 72 71 70 0.0% 0.0% -1.4% -1.4% -2.8% PEI 14 14 14 14 14 0.0% 0.0% 0.0% 0.0% 0.0% NFLD 37 37 36 36 36 0.0% -2.7% 0.0% 0.0% -2.7% TOTAL 1,819 1,818 1,812 1,805 1,807-0.1% -0.3% -0.4% 0.1% -0.7% BC 1,920,195 1,929,966 1,935,275 1,944,207 1,909,300 0.5% 0.3% 0.5% -1.8% -0.6% AB 618,335 620,824 620,615 616,589 616,000 0.4% 0.0% -0.6% -0.1% -0.4% SK 472,702 472,315 472,447 473,284 474,126-0.1% 0.0% 0.2% 0.2% 0.3% MB (3) 643,134 647,009 647,939 649,516 643,891 0.6% 0.1% 0.2% -0.9% 0.1% ON 1,384,109 1,390,197 1,395,403 1,404,172 1,408,881 0.4% 0.4% 0.6% 0.3% 1.8% ON CPs 58,730 58,286 57,863 57,701 57,488-0.8% -0.7% -0.3% -0.4% -2.1% NB (4) 223,440 223,026 221,909 214,630 213,094-0.2% -0.5% -3.3% -0.7% -4.6% NS 149,602 149,028 148,078 147,544 146,988-0.4% -0.6% -0.4% -0.4% -1.7% PEI 51,444 50,792 50,383 50,248 50,248-1.3% -0.8% -0.3% 0.0% -2.3% NFLD 54,384 54,025 53,943 53,923 53,639-0.7% -0.2% 0.0% -0.5% -1.4% TOTAL 5,576,075 5,595,468 5,603,855 5,611,814 5,573,655 0.3% 0.1% 0.1% -0.7% 0.0% (1) Quarterly growth rates compared growth rates with that of previous quarter. (2) Annual growth rates compare 4Q16 with 4Q15 (3) Manitoba data include caisse populaire results. (4) New Brunswick data include one federal credit union results. TOTAL CREDIT UNIONS/CAISSES POPULAIRES TOTAL LOCATIONS TOTAL MEMBERS

($ Millions) ON $3,715 $3,730 $3,800 $3,880 $3,899 0.4% 1.9% 2.1% 0.5% 5.0% QB 109,864 111,060 114,714 114,808 114,771 1.1% 3.3% 0.1% 0.0% 4.5% TOTAL $113,579 $114,790 $118,514 $118,688 $118,670 1.1% 3.2% 0.1% 0.0% 4.5% NON-AFFILIATED CREDIT UNION & CAISSE POPULAIRE SYSTEM RESULTS QUARTERLY GROWTH As of Fourth Quarter 2016 SAVINGS ON $159 $161 $160 $162 $127 1.3% -0.6% 1.3% -21.6% -20.1% TOTAL $113,738 $114,951 $118,674 $118,850 $118,797 1.1% 3.2% 0.1% 0.0% 4.4% LOANS ON $4,434 $4,524 $4,602 $4,640 $4,670 2.0% 1.7% 0.8% 0.6% 5.3% QB 128,622 129,477 131,132 132,011 133,086 0.7% 1.3% 0.7% 0.8% 3.5% TOTAL $133,056 $134,001 $135,734 $136,651 $137,756 0.7% 1.3% 0.7% 0.8% 3.5% ON $104 $104 $103 $102 $88 0.0% -1.0% -1.0% -13.7% -15.4% TOTAL $133,160 $134,105 $135,837 $136,753 $137,844 0.7% 1.3% 0.7% 0.8% 3.5% ON $5,080 $5,161 $5,277 $5,300 $5,336 1.6% 2.2% 0.4% 0.7% 5.0% QB 153,113 153,967 157,042 157,787 159,106 0.6% 2.0% 0.5% 0.8% 3.9% TOTAL $158,193 $159,128 $162,319 $163,087 $164,442 0.6% 2.0% 0.5% 0.8% 4.0% ASSETS ON $176 $177 $176 $179 $140 0.6% -0.6% 1.7% -21.8% -20.5% TOTAL $158,369 $159,305 $162,495 $163,266 $164,582 0.6% 2.0% 0.5% 0.8% 3.9% (1) Quarterly growth rates compared growth rates with that of previous quarter. (2) Annual growth rates compare 4Q16 with 4Q15

ON 14 13 13 13 13-7.1% 0.0% 0.0% 0.0% -7.1% QB 321 300 300 300 300-6.5% 0.0% 0.0% 0.0% -6.5% TOTAL 335 313 313 313 313-6.6% 0.0% 0.0% 0.0% -6.6% NON-AFFILIATED CREDIT UNION & CAISSE POPULAIRE SYSTEM RESULTS QUARTERLY GROWTH As of Fourth Quarter 2016 TOTAL CAISSES POPULAIRES ON 4 4 4 4 3 0.0% 0.0% 0.0% -25.0% -25.0% TOTAL 339 317 317 317 316-6.5% 0.0% 0.0% -0.3% -6.8% ON 57 55 55 55 50-3.5% 0.0% 0.0% -9.1% -12.3% QB 1,029 1,016 1,007 995 985-1.3% -0.9% -1.2% -1.0% -4.3% TOTAL 1,086 1,071 1,062 1,050 1,035-1.4% -0.8% -1.1% -1.4% -4.7% ON 9 9 9 9 6 0.0% 0.0% 0.0% -33.3% -33.3% TOTAL 1,095 1,080 1,071 1,059 1,041-1.4% -0.8% -1.1% -1.7% -4.9% ON 135,635 135,523 135,203 135,163 134,359-0.1% -0.2% 0.0% -0.6% -0.9% QB 4,413,607 4,402,464 4,406,607 4,422,003 4,422,369-0.3% 0.1% 0.3% 0.0% 0.2% TOTAL 4,549,242 4,537,987 4,541,810 4,557,166 4,556,728-0.2% 0.1% 0.3% 0.0% 0.2% ON 15,609 15,466 15,251 15,095 9,701-0.9% -1.4% -1.0% -35.7% -37.8% TOTAL 4,564,851 4,553,453 4,557,061 4,572,261 4,566,429-0.2% 0.1% 0.3% -0.1% 0.0% (1) Quarterly growth rates compared growth rates with that of previous quarter. (2) Annual growth rates compare 4Q16 with 4Q15 TOTAL LOCATIONS TOTAL MEMBERS