Personal Finance Canada

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Credit Unions [Ontario/GTA] (lemmy.world)

submitted 1 year ago by [email protected] to c/[email protected]

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Hello Canadian Finance Enthusiasts

Thinking of switching from big banks (TD mostly) to a credit union.

Would appreciate advice, reviews, or experience from y'all to compliment my own investigations.

My priorities in order:

interest rates on loans
cohesive personal and small business service
low account and investment fees
credit card rewards (love my TD travel rewards visas rn)

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[–] [email protected] 1 points 1 year ago (1 children)

I was looking at DUCA in 2018-2019 and I read some anecdata that they had internal leadership issues. Not sure if that's still the case or not.

[–] [email protected] 2 points 1 year ago

@avidamoeba not sure if that's DUCA but definitely that was PACE. Severe mismanagement & potential fraud from leadership caused many years of issues at the CU. FSRAO ended up ordering its closure and sold it to Alterna Savings.