Whats New - We're now part of DUCA Financial Services Credit Union Ltd!

Whats new at UECU? Keep up to date with United Employees Credit Union

Annual General Meeting

This year’s Virtual AGM is on April 29, 2024 at 5:00 PM. DUCA’s Board and Leadership will recap 2023’s performance and will present DUCA’s vision for 2024. In addition, the Election results for the four new Board positions will be announced. Members who attend will be asked to vote on motions as well as some minor changes to DUCA’s by-laws, providing those Members in attendance register to vote by April 24, 2024.

For more information please click here.

United Profit Sharing

We’re thrilled to announce that we’re continuing United’s tradition of profit-sharing by distributing a $5 payment to each former United Member with a $1 share capital account as of December 31st, 2023. This payment, reflecting United’s historical practice, will be credited to your existing savings account on April 4th 2024 and will be reflected on your T5.

Additionally, we’re excited to share that once the transition to DUCA is complete later this year, you’ll have the opportunity to participate in DUCA’s Do More Profit-Sharing program. This program rewards your banking activity at DUCA, offering benefits like increased interest rates on term deposits, rate discounts on mortgages or loans, or the option to convert rewards into cash.

Member Voting Results- Merger approved

We are pleased to announce that the majority of our Members voted in favor of merger of operations between United Employees Credit Union Limited (United) and DUCA Financial Services Credit Union Ltd. (DUCA). All three resolutions were passed on November 27, 2023.

For more information on the merger Click here.

Collabria Cardwise App Launch

A new way to manage your credit card is here – Introducing CardWise, a digital account management platform that lets you manage your credit cards with security and ease.

Two ways to access:

CardWise Online: cardwiseonline.ca

CardWise Mobile: download the CardWise app from your phone’s app store

For more information see here.

Dividends

UECU has posted your $10 dividends to your savings account on August 04th, 2023.

We have proudly paid dividends for the past 25 years & this year UECU voted at our AGM to pay Double Dividends!

Member Notice

Effective from July 13, 2023 our Prime Lending Rate has increased by 0.25%. This is to reflect the increase made by The Bank of Canada on July 12, 2023.

If you hold a variable rate loan or personal line of credit with us, your payment amount will not change but you will see that a higher portion of your payment will be applied to interest than previously.

If you are paying interest only on your Home Equity Line of Credit you may need to increase your regular payment amount. Please contact us for more information.

Fraud/ Scam Notice

We are sure you are aware of the huge increase in fraud or scams out there at the moment.

UECU would like to help protect our members by offering some useful information on how to identify & prevent fraud aswel as information of what to do if you have been affected. It is especially important to make sure that you choose strong passwords for your online banking to include a combination of number, symbols, capital & lowercase letters.

Never access your online banking using public wifi.

Click here for some helpful information on online security & fraud prevention.

Earn more on your savings:

We have increased some of our savings rates to help you reach your goal faster.

We are offering 1.00% on new Variable TFSA’s, RRSP’s & RRIF’s.

We have increased the rate on our Premium Savings Account to 1.00%

We are offering 2.50% on our Payroll Deduction Account.

Terms & Conditions apply. For more information contact your local branch.

Collabria Balance Transfer at 3.9% for 6 months

We’re always looking for ways to help you get ahead with your finances. That’s why we are offering you a special 3.9% interest rate for 6 months* when you transfer balances to your United Employees Collabria credit card.

This offer is available until 31st of December 2023.
Click here for more info.

2.50% Payroll Deduction Account

Set up a regular Payroll Deduction of at least $50 bi weekly & earn 2.50% interest.

– Minimum payroll deduction to qualify for account: $50 biweekly

– Two free withdrawals per year

– $5 fee per additional withdrawal

– No manual deposits to this account

– Rates are subject to change at any time without notice.

For more information or to start your payroll account today please contact us

Beat the Banks Mortgage Rate

Is your mortgage up for renewal or are you buying a new home? UECU will beat your banks mortgage interest rate by 0.25%.

Member must qualify for the mortgage based on UECU’s lending criteria.

Terms & Conditions apply.

Apply online or call us at 416 461 9257 ext 25 or 29.

The Personal – Benefit from the power of your group

Did you know that your credit union has partnered with The Personal to help you save all you can on your home and auto insurance? That means that as a member of United Employees Credit Union you have access to many benefits.

Click here for more info.