Credit union

Economic Indicators

Proposed B.C. tax hikes would strain credit unions

Proposed B.C. tax increases would negatively impact the province's co-operative banking sector.

By Staff |April 15, 2013

1 min read

Industry

Small credit unions squeezed by Budget 2013

B.C.-based First West Credit Union has weighed in on the surprise announcement in Budget 2013.

By Staff |March 25, 2013

1 min read

Economic Indicators

Tax deduction reversal will hurt credit unions

The proposed scrapping of a key tax deduction will hamper the services of Canada's credit unions.

By Staff |March 22, 2013

1 min read

Industry

TD acquires Target’s U.S. credit card portfolio

TD Bank Group today announced the completion of its transaction with Target Corporation, in which TD has acquired Target’s U.S. Visa and private label card portfolio and entered into a seven-year program agreement to be the exclusive issuer of Target-branded Visa and private label consumer credit cards to Target’s U.S. customers. Read: Canadian banks on […]

By Staff |March 13, 2013

1 min read

Canadian credit unions post strong 2012 growth

The Canadian credit union system ended 2012 financially strong and Canadian credit unions continue to grow, according to the year-end System Results Report from Credit Union Central of Canada (Canadian Central).

By Staff |March 11, 2013

1 min read

Libro appoints VP of advice

Stephen Bolton, president and CEO of Libro Financial Group, has announced the appointment of Jeff Segeren as vice-president of advice and service delivery for the firm, as well as its advice and service delivery coach, effective April 1, 2012.

By Staff |March 21, 2012

1 min read

Credit Unions join the price war

The race to offer lower mortgage rates just got more intense as credit unions decided to jump into the fray. Barely a week after BMO triggered a price war by dropping the interest rate on a five-year fixed-rate mortgage to an unprecedented limited-time offer of 2.99%, followed by TD Bank and RBC with similar offers, […]

By Staff |January 23, 2012

2 min read

Credit union central’s in merger talks

Central 1 Credit Union and Credit Union Central Alberta have announced today that they are in merger talks. The consolidation of the two centrals would affect more than 190 credit unions in B.C., Alberta and Ontario.

By Staff |October 17, 2011

1 min read