CREDIT UNIONS
Stronger Communities Start with Local Banking
We all strive to make smart financial choices, but how much thought have you given to the place you choose to do your banking? When it comes to managing your money and strengthening the Canadian economy, it matters more than you may think. In light of the recent tariff announcements and other economic stresses, many Canadians are choosing to keep their money closer to home by shopping locally. In a similar vein, choosing an Ontario credit union, and making the choice to bank locally, is an important way to contribute to the economy and help foster a financially strong community too.
Unlike large banks, credit unions put their profits to work in the community that surrounds them. Banking at a credit union helps create jobs for Ontarians, and funds and profits are put towards important initiatives right here at home. Credit unions also prioritize personal relationships with their members and put great value in customer service - it feels good to be treated as an individual instead of a number.
Credit unions have a long history of contributing to charitable initiatives through financial investment and volunteerism, and this is another important difference when choosing where to do your banking. Credit unions are committed to improving the financial literacy of their local area through education sessions, seminars and sponsorships, helping people in the community learn how to better manage their money and make informed financial decisions. This type of growth and learning benefits all of us, as there is economic strength in a financially savvy community.
Another difference that sets credit unions apart from large banks is that credit unions are member owned, meaning profits are returned to members through lower fees and better interest rates. The Boards of Directors and leadership for Ontario credit unions strive to make choices that truly support their members, not profit-driven investors and international shareholders. Credit unions in Canada are highly regulated and supervised to ensure their strength and financial resiliency, making them a wise and secure choice that you can feel good about.
With all the same services and accessibility as the big banks, along with nationwide ATM and branch networks for convenient access to funds, credit unions such as Tandia are a solid choice for any Ontarian hoping to keep their money contributing to their local economy. We know you will feel proud when choosing a truly Canadian option for your financial needs.
