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.
Check out our latest community events, programs, contributions and more.
As a co-operative financial institution, we share the wealth in many ways, including making investments in our communities through grants, donations, and volunteering. As a community-based organization, we can see the difference our partnerships and investments make, because we live here too. We really are your neighbours!
A foundation of our business is being connected with the communities where we operate. We do this by building local partnerships with organizations that share our focus to help improve the health and prosperity of our local neighbourhoods.
At YNCU, we believe in investing in our communities through a variety of partnerships and programs.
After all, when our communities win, Your Neighbourhood wins.
Giving back is a shared value between Members and Staff alike. YNCU employees not only strive to put Members first, they also put their neighbourhoods first with personal contributions that enrich their communities.Since the launch of the Good Neighbours Employee Volunteer Program in 2019, over 3700 hours of Staff Members’ personal time was invested back into local causes they’re passionate about. In honour of their volunteerism, Staff designated over $41,000 of YNCU community investment dollars back into local organizations across our service areas.
Do you know a charity in need of volunteers? Complete this form and we’ll match you with a Good Neighbour!
YNCU and its staff members invest in our communities through a variety of partnerships and programs. After all when our communities win, Your Neighbourhood wins.
The pandemic has changed our communities and affected the most vulnerable. In a recent survey, YNCU Staff Members ranked ‘individuals and families in need’ as a top priority in their local communities. Knowing that many of our neighbours are without the most basic needs, we have focused our efforts to support local organizations who are working tirelessly to provide services to those who need help with food, safety and security.
Read the news release to learn more about how we are supporting these causes in our neighbourhoods.
We understand that achieving your educations goals often come with financial challenges. We’re proud to support post-secondary students who share our community values by offering scholarships and bursaries in partnership with Ontario Credit Union Foundation, Sault College, Northern Ontario School of Medicine, and University of Waterloo.
The London Police Pal Program began on May 30th, 1990 as a way to help young children cope with physical and emotional trauma. This community initiative provides a plush German Shepherd toy dog to young children who may have experienced or be experiencing physical and emotional trauma. The dog acts as a way to distract and provide comfort to a child while a Police Officer is responding to a call.
Read more about how YNCU and the Police Pals are comforting children in a time of crisis.
Empowering people to develop the knowledge and skills necessary to confidently manage their personal finances is part of being a good neighbour, and enhancing Canadians’ financial well-being is a shared core value for Canadian credit unions. We’ve invested in our people so they can help develop financial literacy skills in our communities through the Each One, Teach One Program.
Each One, Teach One (EOTO) is an innovative financial literacy program that trains credit union employees to deliver basic financial skills workshops in community settings. Delivered in plain language —in schools, church basements, neighbourhood houses and community centres — the approach of Each One, Teach One is to meet individuals where they are, when they seek training.
The Each One, Teach One financial literacy program provides trained credit union staff with access to 17 financial literacy workshops.
If we can support your group by providing a free certified financial literacy volunteer presenter, reach out and let us know!
YNCU is proud to invest in our future generation by supporting the education of post-secondary students who share our community values.
We understand that achieving your educational goals often comes with financial challenges. We’re proud to support post-secondary students who share our community values by offering scholarships and bursaries in partnership with Ontario Credit Union Foundation, Sault College, Northern Ontario School of Medicine, and University of Waterloo.
Read more about the scholarships and awards we fund in our branch communities.
The CU Succeed Youth Bursary was established in 2016 by the Ontario Credit Union Foundation. YNCU supports the Ontario Credit Union Foundation which has awarded $536,000 to 407 students through the bursary program. The bursary is open to resident Ontario post-secondary students in need of financial assistance for academic, technological, or vocational training. The bursary will be awarded based on two criteria –demonstrated financial need, and community involvement. Accepting applications every year from April 30 – June 30.
The YNCU Good Neighbour Award, valued at $1,000, will be provided to a first-year business student demonstrating scholastic achievement as well as demonstrated community involvement in the Algoma District.
YNCU Award, valued at up to $1,000, will be provided annually to a full-time undergraduate student enrolled in Year Two, Three, or Four of any program in the Faculty of Arts. Selection will be based on academic excellence (minimum 75% cumulative average), as well as demonstrated community involvement in the Region of Waterloo. Interested students should submit an application by February 15.
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) .