Spotlight: What will the future of banking look like? Have your say at YNCU’s annual general meeting

Times are changing, and the rise of digital everything means everything - including everyday banking - looks a lot different than it used to. Which begs the question, what will the future of banking look like?

Local Credit Union Your Neighbourhood Credit Union and Community First is hosting their Annual General Meeting (AGM) on April 16, 2019. Head on down for your chance to win prizes, grab some free refreshments, and learn more about YNCU/Community First’s take on banking’s future and their plan to meet the challenge.

Tuesday’s spotlight is YNCU/Community First’s total rebrand (the most exciting re-brand in the history of Credit Unions) and a little something about the big, bad, benefits Credit Unions can offer you, and your community.

Every member of a credit union is a part owner, which means they have a say in the running and seat at the table. Unlike big, for-profit banks, credit unions exist to serve their members first and operate in their best interests. And how do you operate in the best interest of your members? You listen to them. On Tuesday, members will be able to vote on decisions at the AGM, voice their opinions, and speak directly to directors and board members.

You’ll also be able to meet and chat with employees and other members in a supportive, community atmosphere. While smaller than your average bank, Your Neighbourhood Credit Union and Community First still offer a variety of services such as high rate term deposits and open and closed fixed rate mortgages. Their size just makes operating on a more personal level easier, so employees can take their time with customers and offer customized banking solutions and better customer service.

Did we mention, their employees work and live in the same neighbourhoods as you do? So they are encouraged to build authentic relationships and take a vested interest in your business and financial success.

Your success is everyone’s success. Credit unions like YNCU/Community First enable communities to grow together. While banks only pay out declared earnings to stockholders, a credit union pays dividends to all members. Credit unions repurpose surplus funds to offer their members competitive services and products. So members save and can put more money back into the community - everyone wins.

Learn more about what happens to your money when you invest with Your Neighbourhood Credit Union and Community First at their upcoming Annual General Meeting on April 16th held at The Holiday Inn, 30 Fairway Road South, Kitchener, Ontario and Quattro Hotel and Conference Centre, North Ballroom 229 Great Northern Road Sault Ste. Marie, Ontario.