Although banks have proven to be essential members of the commercial world, the use of credit unions have become popular. The focuses on personal service with longer branch hours are just a few of the advantages of a credit union.
DUCA Financial Services Credit Union in Toronto has offered our members a whole range of financial services since 1954 at rates just as competitive as the banks. Our deposit rates are higher and mortgage rates lower than most of the competition.
We ensure all our members receive the best rates, whether registering a retirement income fund or negotiating a mortgage loan. We offer the flexibility of a bank with fixed or variable rate mortgages and retirement plans. Terms of plans range from 60 days to 5 years.
Our RRSP loans are ¼ % below prime rate, so even if you don't have the cash handy, a DUCA representative will help plan your financial future with your budget in mind.
DUCA insures all accounts with the Deposit Insurance Corporation of Ontario for up to $100,000. Each DUCA RRSP and RRIF is insured separately for $100,000 for each plan.
One of the best advantages of DUCA Credit Union is our commitment to give back profits to our over 30,000 members through our Class "A" Bonus Share plan.
Members benefit from DUCA's unique plan to pay profit dividends based on the interest they paid or received the last year. For example, $6,000 interest paid on a $100,000 mortgage will net you $600 in Bonus Share money!
Similar benefits come to RRSP users and related retirement plans. Since 1999, we've given millions of dollars to our members in profit share dividends.
Discover how the rate competitiveness, people-oriented service, variety of financial options and unique profit sharing plan of
DUCA Financial Services Credit Union makes planning your financial security easier.
