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Becoming a Member

Ready to join the neighbourhood?

To be a member, you need to be a resident of Ontario and put a $5.00 deposit in your Membership Shares account. The $5.00 is to purchase and hold the required 5 shares ($1.00 each) to be a member in good standing. Membership entitles you to voting rights, profit-sharing dividends, and access to YNCU products and services.

 
 
 
 

STARTING A SMALL BUSINESS THE DOS AND DON'TS

YNCU is dedicated to supporting small businesses in our communities and we want to see you succeed in making your lifelong dreams a reality. We’ve put together a few dos and don’ts to help guide you towards starting a small business.

 

 

BANK OF CANADA RATE HIKES EXPLAINED

In July of this year, The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. This comes only weeks after its early June decision to raise it to 4.75%. Today, we'll be talking about this recent rate hike and how it might affect your finances. So, let's dive right in!

 

 

UNDERSTANDING THE FINANCIAL LITERACY GAP WITH INDIGENOUS COMMUNITIES

Financial literacy (understanding concepts such as budgeting, saving, investing, and understanding credit) is an essential skill that empowers individuals to make informed and responsible financial decisions. Unfortunately, not every Canadian has equal access to financial literacy resources and support, particularly among minority and BIPOC (Black, Indigenous, and People of Color) communities.