Your Neighbourhood Credit Union

Your Neighbourhood Credit Union
Type	credit union
Industry	Financial services
Founded	Kitchener, Ontario, Canada
Headquarters	Windsor, Ontario Kitchener, Ontario Waterloo, Ontario Cambridge, Ontario Brantford, Ontario Paris, Ontario Stratford, Ontario Woodstock, Ontario
Key people	Kerry Hadad, CEO John Haines, Chair, Board of Directors
Products	Chequing accounts Insurance Mortgages Investment bank Asset-based lending Consumer finance
Website	www.yncu.com

Your Neighbourhood Credit Union (YNCU) is a credit union in southern Ontario, Canada.

YNCU was created in October 2007 by a merger between Grand River Credit Union and Your Neighbourhood Credit Union.^[1] In March 2008 YNCU grew larger as a result of a merger with Mitchell & District Credit Union.^[2]^[3]

YNCU has 46,000 members, eighteen branches in southern Ontario located in Kitchener-Waterloo, Cambridge, Brantford, Paris, Windsor, LaSalle, Sebringville, Stratford, Mitchell and Shakespeare with over $900 million in assets ^[4]^[5]

YNCU's newest branch was opened in 2010 at 655 Erb Street West in Waterloo.

On August 1, 2013, YNCU announced a planned merger with Boomerang Credit Union (bCU) of London, Ontario. After the merger the credit union will have 17 branches, 35,000 members and $850 million in assets.

References

Banks and credit unions in Canada

Banks

Big Five	Bank of Montreal Canadian Imperial Bank of Commerce (President's Choice Financial) Royal Bank of Canada Scotiabank (Tangerine) Toronto-Dominion Bank (TD Canada Trust)

Other banks	AMEX Bank of Canada Business Development Bank of Canada Canadian Tire Financial Services Canadian Western Bank Citibank Canada Citizens Bank of Canada First Nations Bank of Canada HSBC Bank Canada ICICI Bank Canada Laurentian Bank of Canada Manulife Bank of Canada National Bank of Canada Pacific & Western Bank of Canada Rogers Bank

Credit unions

Credit unions	Affinity Credit Union Aldergrove Credit Union Alterna Savings Assiniboine Credit Union BlueShore Financial Central 1 Credit Union Coast Capital Savings Concentra Financial Conexus Credit Union Credit Union Central of Canada Desjardins Group Envision Financial First Calgary Financial First West Credit Union Gulf and Fraser Fishermen's Credit Union Island Savings Kawartha Credit Union Kootenay Savings Credit Union Libro Financial Group Meridian Credit Union Mouvement des caisses populaires acadiennes Servus Credit Union Steinbach Credit Union TCU Financial Group Vancity Windsor Family Credit Union Your Credit Union Your Neighbourhood Credit Union

Credit union deposit insurance	Alberta * British Columbia * Manitoba * New Brunswick * Newfoundland and Labrador * Nova Scotia * Ontario * Prince Edward Island * Saskatchewan

Other financial institutions

Federal financial institutions	Farm Credit Canada

Provincial financial institutions	ATB Financial

This article is issued from Wikipedia - version of the Saturday, August 29, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.