THINGS TO KNOW BEFORE ENTERING THE HOUSING MARKET
At YNCU, we know entering the housing market is a daunting task. School does not prepare you for the financial risk you take when purchasing a home for the first time. We want to share with you some tips to help you enter the housing market, responsibly.
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You won't see many banks sharing their profits with their customers, but we’re not like most banks. When you’re a part of Your Neighbourhood Credit Union, you’re a member-owner and when we make a profit, you get a piece of it. The more you bank with us, the more we share with you – it’s what sets us apart.
We’re pleased to announce that $350,000 in profits was shared with eligible members in the form of patronage dividends on March 08th, 2023! Sharing the wealth is one of our core values and benefits of banking the credit union way.
Please check your dividend account in online banking to see your share. If you don't see a share dividend account, please contact us - you may just need to have your dividend account linked to your online banking or you may need more information on how to become eligible to receive a dividend. We will be happy to answer your questions!
We’re taking the bank out of banking.
2022 Your Neighbourhood Credit Union Limited. All rights reserved.
Your Neighbourhood Credit Union (YNCU) is a licensed credit union operating in, and under the laws of, the province of Ontario. Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA). Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA) .