When it comes to financial institutions, many people prefer a local credit union over large national banks. And for good reason – credit unions often offer more personalized service, lower fees, and better interest rates. One such credit union that has been serving the community for over 70 years is North District Credit Union.
What is North District Credit Union?
North District Credit Union is a member-owned financial institution that serves residents and businesses in the northern region of British Columbia. It was originally established in 1950 to provide financial services to employees of the BC Telephone Company. Since then, it has grown to serve a wide range of members, including individuals, families, and local businesses.
As a credit union, North District is owned and operated by its members. This means that any profits made are returned to members in the form of better rates, lower fees, and improved services. Members also have a say in how the credit union is run, with each member having one vote in important decisions.
What services does North District Credit Union offer?
- Chequing and savings accounts – North District offers a variety of account options to meet the needs of individuals and businesses. These include free chequing accounts, high-interest savings accounts, and youth accounts.
- Loans and mortgages – Whether you need a personal loan, car loan, or mortgage, North District has you covered. They offer competitive rates and flexible repayment terms to help you achieve your financial goals.
- Credit cards – North District offers a range of credit card options, including low-interest cards and rewards cards.
- Online and mobile banking – North District makes it easy to manage your finances on-the-go with their online and mobile banking platforms. You can check your account balances, transfer funds, and pay bills from anywhere with an internet connection.
Why choose North District Credit Union?
There are many reasons why you should consider North District Credit Union for your banking needs. Here are just a few:
- Local focus – North District is committed to serving the community and supporting local businesses. They understand the unique financial needs of the region and are dedicated to providing personalized service to their members.
- Competitive rates – North District offers competitive rates on loans, mortgages, and savings accounts. This means that you can save money on interest charges and earn more on your savings.
- Low fees – As a credit union, North District is able to keep fees low. This means that you can avoid the high fees charged by many big banks.
- Member-owned – When you become a member of North District Credit Union, you become a part-owner. This means that you have a say in how the credit union is run and can benefit from any profits made.
- Personalized service – North District is known for their friendly and personalized service. They take the time to get to know their members and understand their unique financial needs.
How to become a member of North District Credit Union?
Becoming a member of North District Credit Union is easy. You simply need to meet the membership requirements and complete an application form. To be eligible for membership, you must live, work, or own property in the northern region of British Columbia. You will also need to purchase a $5 membership share, which gives you part-ownership in the credit union.
If you’re looking for a local financial institution that you can trust, look no further than North District Credit Union. With their commitment to personalized service, competitive rates, and low fees, they are a great choice for individuals and businesses in the northern region of British Columbia. Contact them today to learn more about how they can help you achieve your financial goals.
North District Credit Union is a local financial institution that has been serving the community for over 70 years. As a member-owned credit union, they are committed to providing personalized service, competitive rates, and low fees to their members. Whether you need a chequing account, a loan, a mortgage, or a credit card, North District has you covered. If you live, work, or own property in the northern region of British Columbia, consider becoming a member of North District Credit Union and experiencing the benefits of a local financial institution.