NAICS Canada 522321—Central credit unions

Where 522321 sits

1. 52 Finance and insurance
2. 522 Credit intermediation and related activities
3. 5223 Activities related to credit intermediation
4. 52232 Financial transactions processing, reserve and clearing house activities
5. 522321 Central credit unions

Description

This Canadian industry comprises establishments of centrals, regionals, leagues and federations primarily engaged in providing financial transaction processing; reserve and overnight advances services; cheque or other financial instrument clearing house services; credit card processing; electronic financial payment services; and in accepting deposits from, and issuing loans to, members.

What 522321 excludes

• Automated clearinghouses (see 522329 other financial transactions processing and clearing house activities (can))
• Cheque clearing and other transaction processing of the central bank (see 521110 monetary authorities - central bank)
• Cheque validation service (see 522329 other financial transactions processing and clearing house activities (can))
• Data processing (see 518210 computing infrastructure providers, data processing, web hosting, and related services)
• Electronic funds transfer services (see 522329 other financial transactions processing and clearing house activities (can))

Example activities

• caisses populaires, federation, league or regional (central clearing house services)
• credit unions, central, regional or league (central clearing house services)
• caisses d'économie, federation or league (central clearing house services)
• caisses d'entraide économique, fédération (i.e., central clearing house services)
• caisses d'établissement, fédération (i.e., central clearing house services)
• national office supervising credit unions (similar to oversight of banks by central bank)
• reserve and liquidity services (except central bank)

522321 in other systems