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3% 10 Months Ukrainian CU
May 16, 2019
10:46 am
Nehpets
Ontario
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Ukrainian Credit Union is offering 3% for 10 months on new money:

Current Rates

List of Branches

Stephen

May 16, 2019
1:02 pm
Doug
West Kelowna
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Nehpets said
Ukrainian Credit Union is offering 3% for 10 months on new money:

Current Rates

List of Branches

Stephen  

Thanks, Stephen. Wow, I'm amazed how many Ukrainian staffed and dominated credit unions there are in each of Ontario and Manitoba. I wonder if this one and Parama Credit Union might amalgamate? They're incredibly small in assets (probably less than $700 million combined, which would make the two of them less than all of Entegra Credit Union in Manitoba). Entegra, meanwhile, is another Ukrainian focused CU that, arguably, should merge with Carpathia Credit Union and Implicity & Ideal merge together, with Implicity the continuing brand name.

Cheers,
Doug

May 16, 2019
1:45 pm
Nehpets
Ontario
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Doug said

..... I wonder if this one (Ukrainian CU) and Parama Credit Union might amalgamate?.......  

Hmmm....I don't know how well Ukrainians and Lithuanians might get along, Doug..sf-laugh

Perhaps more likely candidates might be The Ukrainian CU and Buduchnist CU, both of which are Ukrainian.

Parama and Talka, on the other hand are Lithuanian CU's.

Stephen

May 16, 2019
2:03 pm
Doug
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Nehpets said

Hmmm....I don't know how well Ukrainians and Lithuanians might get along, Doug..sf-laugh

Perhaps more likely candidates might be The Ukrainian CU and Buduchnist CU, both of which are Ukrainian.

Parama and Talka, on the other hand are Lithuanian CU's.

Stephen  

Oh, thanks Stephen, but I thought for sure I read that Parama was, predominantly, Ukrainian. They even list their entire branch staff in their annual reports, like Carpathia does, so it sure seemed like they might be Ukrainian.

Cheers,
Doug

May 16, 2019
3:37 pm
Kidd
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I've been watching Chernobyl on HBO Monday nights, where exactly is the head quarters of this Ukraine bank?

May 16, 2019
3:43 pm
Nehpets
Ontario
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Kidd said
I've been watching Chernobyl on HBO Monday nights, where exactly is the head quarters of this Ukraine bank?  

Ukrainian Credit Union Head Office: 145 Evans Ave, Suite 300, Toronto ON M8Z 5X8

May 16, 2019
9:05 pm
Loonie
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The Ukrainian community (not unlike the rest of Canada) has different segments which may have substantially different views politically and otherwise. I wouldn't assume they will necessarily get along well enough to want to join each other.

There may be better sources, but, if interested, you can get some clues about these differences from the book, Mike Starr of Oshawa: a political biography, by Myron Momryk (2018), which I happen to have read.

That said, I know nothing of the specific roots or views of these particular CUs.

The GIC is a decent rate though. Thanks for pointing it out, Stephen.

May 17, 2019
6:02 am
hotmony
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Its no problem travelling to Ukraine its my favourite place to visit. Nice people

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