How we began
Gulf and Fraser Fishermen’s Credit Union began in 1940 as North Arm Credit Union. A small group of people from the commercial fishing industry met in a kitchen and discussed their challenges getting credit from commercial banks. Together they pooled $79.13 to start the credit union. That was the beginning of a long history of coming together to make something better, to bring more choice to the hard working people of BC.
In 1948, we changed our name to Gulf and Fraser Fishermen's Credit Union, and quickly became known as GAFF.
We now refer to ourselves as Gulf & Fraser. Five years later, in 1953, we expanded our boundaries to include any and all fishing industry workers and their relatives in BC. We now welcome all members, regardless of their connection to the fishing industry.