The Voice of Canadian Credit Unions

News

Enjoy quick hits of news on issues that matter to credit unions in Canada

Banking / Community Development /  • November 29, 2017
Film on the power of cooperatives available for screening

A new documentary about the cooperative movement, titled A Silent Transformation, is available for grassroots screenings, first in Ontario and then the rest of Canada starting this year. Co-director Simon Brothers says that the 70-minute d...

Economics / Human Interest /  • November 23, 2017
Canadians resting on their home laurels to fund retirement

The Ontario Securities Commission (OSC) reported this past September that too many Canadians are relying upon rising housing prices to fund their retirement, reports the Huffington Post. The OSC carried out a survey that found that 3...

Business / Risk Management /  • November 21, 2017
Equifax in the doghouse with US credit unions

This past July, a massive data breach was discovered by Equifax credit bureau in one of its web applications that is used by customers to log issues with their credit reports. The breach, which occurred from May through July, gave hackers ...

Banking / Mergers /  • November 14, 2017
Merger in the works for BC credit unions

Seven credit unions from British Columbia’s Kootenay, Boundary and Columbia Valley regions have launched a formal business case study to merge. The news was announced this past September following one year of discussions, the East Kooten...

Banking / Human Interest /  • November 10, 2017
Hurricanes devastate credit unions across US

Credit unions and affiliated organizations in the United States were roiled by a series of hurricanes that swept the Caribbean, Texas, Florida, other areas of the mainland and Puerto Rico this past summer. After gathering strength an...

Business /  • November 8, 2017
Changing of the Guard

Change is the constant we can count on. Just like the credit union system, Enterprise continues to evolve. In the past three years alone, we’ve moved online – including an archive of our 76-year history of the publication – and be...

Banking / Human Interest /  • October 2, 2017
BC wildfires force closure of credit union branches

Williams Lake & District Credit Union (14,000 members and $250 million in assets) was forced to close its 100 Mile House and Williams Lake branches this past July due to wildfires in British Columbia’s Cariboo-Chilcotin Region.  ...

Banking / Economics /  • September 21, 2017
Interest rate hike affects variable rate mortgages

The Bank of Canada raised its key interest rate to 0.75 percent, up one-quarter of a percentage point from 0.50 percent — the first increase in seven years — initially affecting variable-rate mortgages and lines of credit. In re...

Community Development / Human Interest /  • September 15, 2017
Gender equality is the key to fighting hunger

In northern Ghana in West Africa, farmers are highly vulnerable to the vagaries of climate, such as drought and flooding. Such extreme events create hunger gaps — periods when families, especially children and women, go without. [caption id="at...

Business /  • September 11, 2017
Desjardins mulls energy pipeline divestment

Citing environmental concerns, Desjardins Group (seven million members, $258 billion in assets) temporarily suspended lending for energy pipeline projects this past July and will announce in September whether to make the decision permanent,...

Leadership /  • September 5, 2017
Don Wright takes cabinet position in new NDP government

Don Wright is British Columbia’s new deputy minister of executive council, cabinet secretary, and head of the public service under a New Democratic Party minority government, after stepping down from Central 1 Credit Union as its CEO and president....

Governance / Leadership /  • July 18, 2017
Federal all-party credit union caucus

A new, all-party caucus has been formed in Ottawa that will improve communications between parliamentarians and the Canadian credit unions that provide financial services in their riding, reports the Canadian Credit Union Association (CCUA...

1 2 3 12