Your Neighbourhood Credit Union

Your Neighbourhood Credit Union
credit union
Industry Financial services
Founded Kitchener, Ontario, Canada
Headquarters Windsor, Ontario
Kitchener, Ontario
Waterloo, Ontario
Cambridge, Ontario
Brantford, Ontario
Paris, Ontario
Stratford, Ontario
Woodstock, Ontario
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 24,000 members, fifteen branches in southern Ontario located in Kitchener-Waterloo, Cambridge, Brantford, Paris, Windsor, LaSalle, Sebringville, Stratford, Mitchell and Shakespeare with over $390 million in assets [4][5]

YNCU's newest branch was opened in 2010 at 655 Erb Street West in Waterloo.

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