NEWS UPDATE - August 16, 2010!

The Boards of Directors of So-Use Credit Union Limited and Ukrainian Credit Union Limited are pleased to announce that, in keeping with their letter of intent last month, they have now completed their due diligence and entered into a binding agreement to merge their credit unions effective October 31, 2010.  The transaction is subject to approval by regulators and members of both credit unions.

The merged credit union will have more than 25,000 members and assets in excess of $470 million, making it the 15th largest in Ontario.  With a combined workforce of close to 100 employees, members will enjoy expanded services that include internet and mobile phone banking, a call centre, INTERAC, and branches in Toronto, Mississauga, Oshawa, St. Catharines, Windsor, London, Sudbury and Thunder Bay.

For more information, please click on the following links:

• July 12, 2010 - Letter of Intent Press Release
• F.A.Q.'s

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Benefits of  Multi-Pak:

• Stress free application process (no need to apply for each product)
• Customize your terms by splitting your mortgage between open and closed, short term and long term rates, add a line of credit and a personal loan if you wish
• Receive more attractive rates
• Register up to 150% of the current appraised value of your home. As the value and equity increases, so can the availability of credit.
• Save on your legal bills and eliminate the hassles.
• The credit limit is available as long as you own your home
• You can re-activate your limit even though you may have paid off your debt.
  

MAKE THE CHOICES THAT SUIT YOUR NEEDS.

  Tax Free Savings Accounts
     Watch your savings grow tax-free throughout their lifetime. A $5,000 maximum contribution limit applies for 2010.
     Contact any of our sales and service officers for more details.