Ontario’s credit unions are owned by their customers and share their profits in a number of ways, from member dividends to community investments and support for small business.
At the end of the year, many credit unions return a portion of their profits to members in the form of a dividend. That’s real money in your pocket – just for belonging to a credit union.
When your members are the benefactors of your profits, their financial success always comes first. Service is more personal, rates get better, and fees are kept as low as possible.
Answering to our members exclusively, our profits are focused on providing solutions tailored to your specific financial goals – instead of the cookie-cutter solutions offered by the banks.
Because small businesses are so vital to the communities we serve, Ontario’s credit unions have helped thousands of local businesses succeed and are deeply invested in their growth.
Every year, Ontario’s credit unions donate millions of dollars and thousands of volunteer hours to local non-profits, social enterprises and community initiatives that make us all better.
Ranking first in both Online and Mobile Banking Excellence*, credit unions are at the forefront of innovation and use their profits to continuously improve the banking experience. *SOURCE: IPSOS BEST BANKING AWARDS
Ontario’s credit union members can access their money at over 4,100 surcharge-free ATMs across Canada, and over 1.3 million ATMs worldwide – a network larger than most banks.
Don’t turn your profits into their profits. Join a credit union, and enjoy a better banking experience where every last dollar is invested in you. With credit unions, we all profit.
Across Ontario, we spoke with real credit union members about their passions, their connections to the community and local economy, and the impact that credit unions have had in changing things for the better. These are their stories.
MAKE YOUR MONEY MATTER.
Ontario’s credit union members aren’t the only ones who benefit. Our collective profits also support local businesses and community initiatives across the province, for the benefit of us all.
FirstOntario Credit Union has joined CDF Canada’s Breaking New Ground campaign with a generous donation to help half-a-million people build their way out of poverty through co-operative action.
Students were assessed by a review panel across four categories; community involvement, personal circumstances, letters of reference, and quality of their compelling essay.
PACE partnered up with the Benincasa Family for the 8th Annual ‘Fun Night of Comedy’ in memory of Matthew Benincasa. Thanks to support from the community and contributions from PACE Credit Union, a donation of $66,250 was made to Covenant House Toronto. PACE proudly continues to support Covenant House Toronto. Covenant House is a great organization and they do so much to help homeless youth in the Toronto area.
Libro has committed $50,000 per year for five years to support the development and implementation of the new program. Libro’s President and CEO, Stephen Bolton, will have a hands-on role in shaping the future direction of The Accelerator.
Your Neighbourhood Credit Union were provincially recognized with the Outstanding Corporate Achievement Award presented by the Ontario Credit Union Foundation (OCUF). The award was presented at the OCUF Annual General Meeting on Thursday, March 30th in Toronto.
The Joy of Giving program is a combined effort between WFCU Credit Union, staff and members. Together, over $14,000 was donated in non-perishable food items, clothing, gift cards and cash donations.
With over 70 independent credit unions and 532 branches across Ontario to serve your needs, there’s a credit union for everyone. Enter your postal code, and get acquainted with the ones near you.
START YOUR CREDIT UNION JOURNEY.
Joining a credit union couldn’t be easier. Just enter your name, email and choose a credit union in your area. You'll then be able to join online or your chosen credit union will contact you and take care of the rest.
