The Voice of Canadian Credit Unions

News Categories: Finance

Business / Finance /  • Jan 2014
CUMIS launches small business program for credit unions

OnePlace For Business™ program could soon help credit unions widen their lead over banks when it comes to Canadian businesses.

Finance /  • Nov 2013
Canadians hate paying bank fees

About 80 per cent of Canadians say low or no fees is their definition of good banking, but only 35 per cent say that’s what they’re getting.

Finance /  • Nov 2013
Financial literacy efforts have limited impact, study says

An international academic study has found that financial literacy education doesn’t help most people much.

Finance / Technology /  • Nov 2013
RBC moves mobile payments to its cloud

RBC has announced the RBC Secure Cloud mobile payments service that will allow clients to more securely pay for purchases using their mobile devices.

Business / Finance /  • Nov 2013
Ontario proposes reserve fund increase

The Deposit Insurance Corporation of Ontario issues strategy paper for a larger fund to pay depositors when a credit union has financial difficulty.

Finance /  • Sep 2013
Seniors swamped in debt

Fifty-nine per cent of retired Canadians hold debt, according to a Harris/Decima study.

Finance /  • Jul 2013
Consumers bullish on debt

A study reports that the average Canadian debt sitting at more than 160 percent of disposable income.

Business / Finance /  • May 2013
Canada’s credit union system ended 2012 financially strong

System savings, deposits and loans continued upward growth from last year.

Business / Finance /  • May 2013
Credit unions unite to create fund for cooperatives

The fund is projected to pay out four to five per cent return to credit unions that contribute.

Finance /  • May 2013
Alterna expands its micro-financing and lowers the rates

Small businesses get a boost with 'unconventional' financing.

Finance /  • Jan 2013
Personal debt levels rose in third quarter 2012
Canadians taking on more personal debt

Canadian credit trends point to consistent increase across Canada.

Finance / Governance /  • Jan 2013
Bracing for FATCA

January 2014 will see the controversial U.S. tax come to fruition.

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