DUCA Financial Services Credit Union Limited, commonly shortened to DUCA Credit Union, is a Canadian credit union. Financial products include chequing and savings accounts, loans, mortgages, insurance and small business products. It is a member-owned institution and its deposits are insured through the Deposit Insurance Corporation of Ontario.
Video DUCA Credit Union
History
DUCA was established on May 5, 1954 by Dutch immigrants to Canada under the name Dutch Canadian Toronto Credit Union Ltd.
The company introduced a profit sharing program in 1997. In 2010, DUCA shared $7 million with members.
On November 1, 2000 the credit union changed its official name to its current DUCA Financial Services Credit Union Ltd. DUCA has merged with other credit unions including Torcity Savings Credit Union, Dutch Canadian Credit Union and Virtual One Credit Union Ltd. Today, DUCA has over 59,000 members and over $2.2 billion in assets.
In 2009, DUCA joined the Exchange Network increasing the number of ATMs accessible to members. DUCA is also a member of Interac.
Maps DUCA Credit Union
References
Source of article : Wikipedia
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