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Credit unions and resident requirements

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4:03 pm
December 22, 2011


88kanaka

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Edit by admin: This post was originally from this thread

NorthernRaven said:

It would seem that FirstOntario membership is limited to Ontario residents. It also isn't obvious that there is any way to connect an external account to this – it seems more to be high-interest option for FirstOntario members, rather than a potential stand-alone savings account like the ones tracked here.

I did a bit of work and took a very small sample and found where we can use Credit Unions in another province.

BC
Non Resident Insured – Yes (With the exception of Stabilization Central and Central One, all BC credit unions are covered)
http://www.cudicbc.ca/
List of Credit Union Covered by CUDICBC
http://www.fic.gov.bc.ca/webLi…..nions.aspx
Non Resident Welcome to Join – No (Although as a non-resident…I have belonged to Coast Capital)
https://www.coastcapitalsavings.com/Open_an_Account/Account_Application/?x=Ren*mAzHvJSmt1OKVasMse3hirFFWmroa0HUS8JP6BfN8ZEvH3D1TRRZLlYGnbT0

AB
Non Resident Insured – Vague…likely no
http://www.cudgc.ab.ca/faqs.html
Non Resident Welcome to Join – No
https://www.servus.ca/about-servus/why-bank-with-servus/member-ownership/pages/default.aspx

SK
Non Resident Insured – Yes
http://www.cudgc.sk.ca/faq/ind…..l#resident
Non Resident Welcome to Join – Yes
https://www.conexus.ca/SharedContent/documents/ProductSheet10/FINAL_LegislativeConditions.pdf

MB
Non Resident Insured – Yes
http://www.cudgc.sk.ca/faq/ind…..l#resident
Non Resident Welcome to Join – Yes
http://www.scu.mb.ca/home/scuf…..hip/become

ON
Non Resident Insured – Vague…likely no
http://www.dico.com/design/3_11_Eng.html
Non Resident Welcome to Join – No
https://www.firstontariocu.com/Personal/BecomingAMember/ApplyForMembership/

QB
Non Resident Insured – Hard to find information!
Non Resident Welcome to Join – Hard to find information!

NF
Non Resident Insured – Vague…likely no
http://www.cudgcnl.com/main.php?id=5
Non Resident Welcome to Join – No
https://www.nlcu.com/Home/BecomeanOwner/MembershipApplication/

NB
Non Resident Insured – Vague…likely no
http://www.assurance-nb.ca/FAQs-e.asp#14
Non Resident Welcome to Join – No
https://www.beaubear.ca/Home/BecomeanOwner/MembershipApplication/

NS
Non Resident Insured – Vague…likely no
http://www.nscudic.org/coverag…..tions.html
Non Resident Welcome to Join – No
https://www.cua.com/Home/BecomeanOwner/MembershipApplication/

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