Your Neighbourhood Credit Union

Your Neighbourhood Credit Union
credit union
Industry Financial services
Founded Kitchener, Ontario, Canada
Headquarters Kitchener, Ontario, Canada
Key people
Kerry Hadad, CEO
John Haines, Chair, Board of Directors
Products Chequing accounts
Insurance
Mortgages
Investment bank
Asset-based lending
Consumer finance
Website www.yncu.com

Your Neighbourhood Credit Union (YNCU) is a credit union in southern Ontario, Canada.

YNCU was created in October 2007 by a merger between Grand River Credit Union and Your Neighbourhood Credit Union.[1] In March 2008, YNCU grew larger as a result of a merger with Mitchell & District Credit Union.[2][3]

YNCU has 46,000 members, eighteen branches in southern Ontario located in Kitchener-Waterloo, Cambridge, Brantford, Paris, Windsor, LaSalle, Sebringville, Stratford, Mitchell and Shakespeare with over $900 million in assets.[4][5]

On August 1, 2013, YNCU announced a planned merger with Boomerang Credit Union (bCU) of London, Ontario. After the merger the credit union will have 17 branches, 35,000 members and $850 million in assets.

References

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