| Welcome to York
Credit Union. We are a member owned and controlled financial
cooperative, committed to enhancing the quality of life of
our members and the community it services, by providing competitive
products, responsive to the needs of and wants of its members,
in a cost effective manner.
To become a member of York Credit Union,
a share deposit is required similar to any cooperative. This
money is your investment in the Credit Union and will be returned
to you if and when you close your account. This share investment
may earn dividends, depending on the Credit Union's surplus.
Children and students without a chequing account are only
required to deposit $5 to shares.
Your share investment entitles you to vote
at our shareholder meetings and to run for our Board of Directors.
Our Board of Directors offers direction to the Credit Union
and forms standing committees that ensure the compliance of
the Credit Union to provincial regulations.
Credit Union deposits are insured by the
New Brunswick Credit Union Deposit Insurance Corporation,
and as a further level of protection, the Credit Union Stabilization
Fund provides financial assistance to Credit Unions in the
event that losses have depleted their equity base.
York Credit Union is a full service Financial
Institution offering: Chequing and Savings Accounts, ATM Services,
Internet and Telephone Banking, Term Deposits, Loans and Mortgages,
RRSP's and RRIF's, Mutual Funds, Free Financial Planning.
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