DUCA News
Posted on April 24, 2018

Recent Events on Yonge Street

We wish to advise all Members and friends that the DUCA teams located in our Willowdale Branch and Head Office are shaken, but fine, after the tragic events of April 23, 2018. As you may know, DUCA’s branch and Head Office are located along the Yonge Street corridor which was the scene of the attack. Immediately after, each DUCA teammate was accoun...

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Posted on March 07, 2018

Letter from Tom Vandeloo, Board Chair and Doug Conick, President & CEO: 2017 Financial Statements

Dear DUCA Members, We are pleased to announce the release of our audited financial statements for the year ended December 31, 2017 and the declaration of dividends. 2017 was a year of solid growth and progress for DUCA. We saw a strong improvement in the growth of residential mortgages and retail deposits, continued solid performance in our commerc...

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Posted on February 12, 2018

2018 Board Elections NOW OPEN

We are a Credit Union owned by its Members and, as such, our Members have a say in who oversees DUCA's governance. From February 12 through the end of day (midnight) on March 12, 2018, Members may cast their vote for their preferred choices of Board of Director candidates for the coming term. There are three open Board positions and seven candidat...

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Posted on January 02, 2018

Deposits Now Insured to $250K

Another Great Reason to Save More at DUCA! DUCA, as an Ontario credit union, is regulated by the Deposit Insurance Corporation of Ontario (DICO). DICO just increased their level of deposit insurance coverage to $250,000, up from $100,000.  This covers all your deposits held in non-registered accounts in Canadian currency such as: Chequing and ...

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Posted on December 19, 2017

Holiday Greetings from DUCA's President and CEO

Last December, shortly after my arrival at DUCA, I expressed my pride in being at the helm of a truly Member-centric organization and conveyed my excitement for the future. It has been a wonderful year leading DUCA, a terrific Credit Union with a passion for its purpose and a purpose for profits — in helping people, businesses, and communities do ...

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Posted on December 15, 2017

For 2017: Class “B” Share Dividend Distribution

As we come up to the second anniversary of the Class B Share Investment Offering, you may have some questions regarding the declaration and payment of dividends. For the fiscal year 2017, the dividend is based on our performance as a Credit Union throughout the year and is determined by the Board of Directors upon the completion of the audited fin...

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