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

Community Development / Human Interest /  • July 25, 2018
Donations for CDF Canada

Federated Co-operatives Limited (FCL), the largest non-financial co-op in Canada, is committing $65,000 to the Co-operative Development Foundation of Canada’s (CDF Canada) Breaking New Ground Campaign. FCL’s donation will help sm...
Banking /  • July 23, 2018
Trust and estate consultants for FirstOntario

FirstOntario Credit Union (118,000 members, $5 billion in assets) has expanded its partnership, allowing members to have direct access to a trust and estate consultant with Concentra Trust, a wholly owned subsidiary of Concentra Bank, Cana...
Economics / Human Interest /  • July 20, 2018
West Coast rental woes spark collaboration

This past May, Sunshine Coast Credit Union (16,800 members, $650 million in assets) on coastal British Columbia announced a partnership to launch a new service to ensure that people in dire but temporary financial circumstances can keep a r...
Leadership /  • July 16, 2018
High five

This past May, the Canadian Credit Union Association (CCUA) announced the recipients of the 2018 National Credit Union Awards. Handed out at the CCUA National Conference in Toronto, the awards honoured the positive impact on communities by ...
Leadership /  • July 13, 2018
Minerva pledge signed by First West

First West Credit Union (240,000 members, $11.9 billion in assets), based in Langley, BC, announced this past April that it has signed the Minerva pledge. A registered non-profit charitable organization, Minerva BC “supports women...
Risk Management / Technology /  • June 12, 2018
Way too much information

This past March, it was revealed that Cambridge Analytica, a political consulting firm that did digital work for Donald Trump’s 2016 presidential campaign, obtained private data on 50 million Facebook users that was used for behaviour...
Human Interest /  • June 1, 2018
Credit unions feted for being family friendly

This past March, Vancouver City Savings Credit Union (523,000 members, $21 billion in assets) and Desjardins Group (seven million members, $258 billion in assets) were recognized as two of Canada’s Top Family-Friendly Employers for 2018. ...
Human Interest / Technology /  • May 25, 2018
Smart solutions for the real world

The word “innovation” can refer to many things: a new app that rates the latest craft beers, a life-changing tech gadget that you can’t live without, artificial intelligence or self-driving vehicles. Island Savings, a division ...
Banking / Mergers /  • May 18, 2018
Alberta credit unions ponder merger

Credit union members with Mountain View Credit Union (17,000 members, $740 million in assets) and Connect First Credit Union (100,000 members, $5 billion in assets) in Alberta will vote this June on a possible merger, reports CU Today. ...
Human Interest /  • May 11, 2018
Connecting the dots

Like many nations in Africa, Ethiopia faces a water crisis due to recurring drought, which causes enormous social, health and economic problems. Out of a population of 102 million, 61 million Ethiopians lack access to safe water, relying i...
Business /  • April 5, 2018
Finger pointing beefs up payment card security

Gemalto, touted as a world leader in digital security, has launched an EMV biometric dual interface payment card for both chip and contactless payments that use fingerprint recognition instead of a PIN code to authenticate the cardholder. When c...
Economics /  • March 28, 2018
IMF predicts economic growth for Canada

The International Monetary Fund (IMF) World Economic Outlook report, released last January, predicted that recent tax cuts in the United States will provide a temporary boost to the American economy. This, in turn, will help stimulate the ...
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