Your Neighbourhood Credit Union
Member-owned banking across Southwestern Ontario.
Overview
Your Neighbourhood Credit Union (YNCU) is an Ontario credit union headquartered in Kitchener, formed through a 2007 amalgamation that introduced the YNCU name; it absorbed Comtech Fire Credit Union in 2025 and serves communities across Ontario.
No-Fee Chequing Accounts
Free*
- Minimum balance required
Specific thresholds vary by credit union. Visit Your Neighbourhood Credit Union's website for current requirements.
Current Rates
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 3.05% |
| 3-Year GIC | 3.45% |
Pros
- • Deposit insurance up to $250,000 per category through FSRA
- • No-fee chequing available with a minimum balance requirement
- • Solid digital banking with mobile app, online banking, and Interac e-Transfer
Cons
- • Fewer specialized financial products and international banking services than other institutions
Best For
Products & Accounts
Membership Eligibility
Ontario residents
Open to Ontario residents. Result of many mergers; set to merge with CFCU in 2025.
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 Ratinggood
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
