Korean Catholic Church Credit Union Limited
Member-owned banking for Korean Catholics in Toronto.
Overview
Korean Catholic Church Credit Union is an Ontario credit union founded in 1976, serving the Korean Catholic community from North York, Toronto.
No-Fee Chequing Accounts
Free
Available with no minimum balance or monthly usage limits.
Current Rates
Pros
- • Deposit insurance up to $250,000 per category through FSRA
- • No-fee chequing with no minimum balance or monthly transaction cap
- • Solid digital banking with mobile app, online banking, and Interac e-Transfer
Cons
- • Small branch network limits in-person banking options outside the home region
- • Digital banking is functional but less polished than top-tier credit unions
Best For
Products & Accounts
Membership Eligibility
Open to all; faith-community focus
Membership is open to all. Bring two pieces of government-issued ID. Must purchase membership shares at $100 each (refundable on closure). Located at Korean Catholic parishes in Toronto.
Deposit Protection
FSRA
Unlimited in registered accounts. $250,000 per category in non-registered.
Financial Services Regulatory Authority of Ontario (FSRA) provides unlimited protection in registered accounts and up to $250,000 per category in non-registered accounts at Ontario credit unions.
Digital & Access
- Mobile App
- Online Banking
- Interac e-Transfer
- ATM NetworkTHE EXCHANGE Network
- Digital Ratingfair
Rate and eligibility data is gathered from official credit union websites and verified comparison sources. Always verify rates directly on the official website before making financial decisions.
Official WebsiteRelated reading
