Recognized as one of Atlantic Canada's Top Employers (2025):
By Richard Yerema and Kristina Leung, Mediacorp Canada Inc. staff editors (Mar 31, 2025)
Here are some of the reasons why Newfoundland and Labrador Credit Union Ltd. was selected as one of Atlantic Canada's Top Employers (2025):
- Newfoundland and Labrador Credit Union manages its own charity and supports an dedicated Kindness Committee that collaborates with employees to select charitable and local initiatives focused on youth, education, health, arts, culture and the environment -- employees are also encouraged to get involved through paid volunteer time and matching charitable donations
- Along with matching RSP contributions, Newfoundland and Labrador Credit Union provides employees with a number of ways to save, including discounted rates on chequing accounts, mortgages, personal loans and lines of credit, as well as discounted home and auto insurance
- Newfoundland and Labrador Credit Union maintains progressive time-off polices, beginning employees with three weeks of vacation allowance and increasing to four weeks after just three years on the job

Newfoundland and Labrador Credit Union employees take part in the organization's annual walk-a-thon

Newfoundland and Labrador Credit Union employees take part in the organization's annual walk-a-thon

Newfoundland and Labrador Credit Union employees take part in the organization's annual walk-a-thon
Highlights
Industry | Credit unions |
Established in Canada | 1957 |
Major Canadian locations | St. John's NL |
Full-time employees in Canada | 122 |
Part-time employees in Canada | 4 |
Average age of employees in Canada | 44 years |
Longest serving employee | 41 years |
Flexible work options | hybrid work option, flexible work hours, telecommuting |
Long-term savings | matching RSP |
Health plan premium | as part of the health plan, the employer pays up to 100% of the premiums |
Vacation allowance | new employees receive 3 weeks of paid vacation after their first year on the job |
Employee performance reviews | employees receive individual performance reviews every 12 months |
In-house training initiatives | in-house training, online training, mentoring |
Related tuition subsidies | employer covers up to 100% of tuition per year |
Employee charitable involvement | employees are involved in selection of charities, employees receive paid time off to volunteer |