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Lighthouse Credit Union
July 30, 2024
1:41 pm
penniesfromheaven
Member
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Forum Posts: 16
Member Since:
May 19, 2016
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New credit union. Branch at Bathurst and Glencairn, Toronto. Promo 1 year GIC rate 5.2%,. promo ending July 31st.
As with all credit unions, must register as a member first. Registration fee is $18

July 30, 2024
3:55 pm
Loonie
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Forum Posts: 9391
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October 21, 2013
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See previous thread about this CU.
I am still waiting for a call back from several months ago.
Personally, I won't deal with an FI that won't return calls.

July 30, 2024
5:14 pm
Nehpets
Ontario
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December 20, 2016
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Loonie said
.....I am still waiting for a call back from several months ago.
Personally, I won't deal with an FI that won't return calls.  

I recall your earlier comments about your difficulties with Lighthouse, Loonie and I appreciate your viewpoint; however, my experience with Lighthouse has been good.

Soon after its inception, I bought a GIC from Lighthouse through my GIC broker, which does not require a membership share. I did have to call Lighthouse management directly for an inquiry about my investment and my call was returned.

Perhaps the luck of the draw, but so far, my experience has been satisfactory,

Stephen

July 30, 2024
9:14 pm
Loonie
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I'm glad it worked out for you, Stephen. I imagine you'd feel the same way as me if you'd had my experience.

I might consider them through a deposit broker. I trust them more than Lighthouse in terms of actually getting things done. Lighthouse can't afford to ignore calls from GICWealth etc.

July 31, 2024
4:42 am
Norman1
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April 6, 2013
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Previous thread about them, from January last year, was not encouraging.

Poor customer service back then: Calls not returned. Cheques for GIC purchased not cashed after a week.

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