ABOUT US

Ontario consumers searching for flexible, innovative financial services, delivered with a personal touch, need only look as far as their community credit union. Many credit unions provide a full range of financial options, including mutual funds, traditional deposit and lending services, and access through the nationwide electronic network.

Unlike other financial institutions, credit unions primary commitment is to the needs of their members. Every member is an equal owner, regardless of financial holdings, and enjoys the right to have a say in how the credit union is operated.

Credit unions further distinguish themselves by their dedication to quality of life in the communities they serve. Deposits and profits are reinvested in the Ontario communities in which credit unions operate, through personal and business loans, bursaries, community economic development and dividends paid on member shares.

In addition to their community focus, credit unions offer financial peace of mind. Ontario credit unions are regulated by the Ministry of Finance and the Deposit Insurance Corporation of Ontario (DICO). DICO insures Canadian currency deposits repayable no later then five years from the date of deposit, including interest to a maximum of $100,000 per individual, and insures each separate RRSP/RRIF/OHOSP contract and each unique trust or joint account to a maximum of $100,000 per account.