Opportunity of Employment
Dundalk District – Branch of Blue Group Savings* is now hiring a part time and full time Bank Teller for Dundalk District Branch.
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81st Annual General Meeting
81st Annual General Meeting
Thank you to our members who joined us on Tuesday, January 21st for our 81st AGM.
During the event, the following employees were recognized for their Years of Service with the Dundalk Credit Union. Congratulations on this milestone!
- Judy Jackson – 35 years
- Lorrie Hill – 10 years
- Sarah Nicholls – 10 years
Posted in Annual Meeting
It pays to be a member of Dundalk District Credit Union!
It pays to be a member of Dundalk District Credit Union!
After reviewing the profitability of the credit union this past year, and setting aside sufficient profits to retained earnings to ensure there is adequate regulatory capital and resources for future growth, the Board approved a distribution of surplus profits to credit union members.
Dundalk District Credit Union is pleased to announce that $200,000 in profits were shared with eligible members in the form of interest rebates, interest bonuses and monthly maintenance fee refunds. The amount you received was based on a percentage of the total actual interest amounts paid to you, and the total actual interest amounts paid by you in our fiscal year ending August 31st, 2024. The credit union has also returned the full amount of monthly maintenance fees paid by you in the fiscal year.
Accounts open as of October 31st, 2024 were eligible for this rebate/bonus which was paid to your account on November 14th, 2024.
Posted in Other
Interac e-Transfer Email Notifications Refresh
Interac e-Transfer Email Notifications Refresh
To provide an improved user experience, Interac e-Transfer email notifications now have an enhanced look and feel. No action is needed on your part. You can continue to enjoy the same security and convenience when you send and receive funds.
What is changing?
- All question and answer receive and send notifications.
- All Autodeposit send, receive and registration notifications.
- All Request Money notifications.
Visit interac.ca to learn more.
Posted in Services
International Credit Union Day – Oct 17, 2024
International Credit Union Day – October 17, 2024
International Credit Union (ICU) Day® celebrates the spirit of the global credit union movement. The day is recognized to reflect upon the credit union movement’s history, promote its achievements, recognize hard work and share member experiences.
International Credit Union (ICU) Day® has been celebrated on the third Thursday of October since 1948. The ultimate goal is to raise awareness about the tremendous work that credit unions and other financial cooperatives are doing around the world and give members the opportunity to get more engaged. The day of festivities for credit unions and financial cooperatives globally includes fundraisers, open houses, contests, picnics, volunteering and parades.
Posted in International Credit Union Day
Mural Artwork
Mural Artwork at Dundalk Credit Union
Mural Routes partnered with the Township of Southgate to produce 10 small-scale mural artworks in Dundalk, which were completed September 27th to 29th.
The artist that completed this painting described it as:
A vibrant mural of plants that are important to agricultural in the Township of Southgate. A colourful pattern of lush plants and flowers represents the industry’s growth-from its beginnings in the past, to current success, to a vibrant future ahead. The mural is an exciting collage of different colours and species living together, reflecting all the businesses and people that make up the community of Dundalk.
Onlookers will recognize the plants that grow on nearby farms and are sold at local stores, markets, and fairs. Fruits, vegetables, herbs and grains dance together in a circular formation. Different stages of growth are shown as shoots, flowers, and leaves, indicating the continuous cycle of seasons and life.
Posted in Community Events
Intercom System at Entrances
Intercom System at Entrances
Effective February 2024, please use our intercom system located at our front door and at our back door to gain access to our office during business hours.
Posted in Hours of Operation, Other
Feversham Branch Closure
Feversham Branch Closure
After careful consideration, the Board of Directors has decided the Feversham satellite location of Dundalk District Credit Union Limited will not reopen. We appreciate the support our members from that location have shown over the past 16 years and especially following the armed robbery in May that forced branch closure. We sincerely hope that Feversham members will continue to see value in their membership with the Dundalk District Credit Union.
After reviewing the profitability of the credit union this past year, and setting aside sufficient profits to retained earnings to ensure there is adequate regulatory capital and resources for future growth, the Board approved a distribution of surplus profits to credit union members.
Dundalk District Credit Union is pleased to announce that $250,000 in profits were shared with eligible members in the form of interest rebates, interest bonuses and fee refunds. The amount members received was based on a percentage of the total actual interest amounts paid to members, and the total actual interest amounts paid by members in our fiscal year ending August 31st, 2023. The credit union also returned the full amount of monthly maintenance fees paid by members in the fiscal year.
Accounts open as of November 3rd, 2023 were eligible for this rebate/bonus which was paid on November 23rd, 2023. It pays to be a member of Dundalk District Credit Union.
We understand the inconvenience that is imposed on Feversham members who no longer have a credit union branch in their community. In coming to our decision, we considered implementing enhanced security measures, eliminating cash on site and replacing our Automated Teller Machine with a cash dispenser, all of which are costly changes. We firmly believe it is not prudent to staff the location with only new employees and do not have human resources within our small organization sufficient to distribute between the two locations.
Our capable staff will be happy to offer alternative solutions, including serving members at the Dundalk location and assisting with using electronic banking services. We are committed to continuing to support the local Feversham community by offering a cooperative alternative to financial services that gives back to the local community.
Posted in Hours of Operation, Services
CRA Business Tax Payments available on Online Banking!
CRA Business Tax Payments available on Online Banking!
CRA Business Tax Payments allows members to make the following online tax remittances to Canada Revenue Agency (CRA) from their DDCU online banking:
- GST/HST filing and remittance
- GST/HST remittance
- Corporate tax remittance
- Payroll and source deduction remittance
Download our CRA Business Payments Reference Guide to assist you in completing your CRA remittances from your online banking.
If you require further assistance, please contact us at 519-923-2400 and we will be happy to assist you.
Posted in Services
DDCU Supports Together In Care Campaign
DDCU Supports Together In Care Campaign
The Board and Staff of the Dundalk District Credit Union showed their community support, as they pledged a total of $50,000 to the Together In Care campaign for the New Markdale Hospital.
When the campaign began many years ago to build a new hospital in Markdale, the Dundalk District Credit Union stepped forward with a significant contribution, and now that this long-awaited project is finally underway they stepped up again to provide additional and much needed financial support for the new hospital.
“All of us at the Dundalk District Credit Union live and work right here in the area served by Markdale Hospital and each one of us has been personally impacted in some way during the course of our lives by the benefits of local health care services and the excellent care provided here in our rural community. We understand the importance of having a new hospital right here in Markdale” stated Janice Mason, CEO of the Dundalk District Credit Union.
“We are very proud to be partnering with the Dundalk District Credit Union as we improve health care in our communities through this new hospital. Their donation will have a positive impact on the lives of many for decades to come” stated Harvey Fraser, Chair of the Together In Care campaign, and Centre Grey Health Services Foundation.
As of the end of March, construction of the new Markdale Hospital was 35% complete and running on schedule. Roofing is now underway. The 78,000 square foot facility is on target to open in mid 2023.
For more information, please visit www.togetherincare.com.
Posted in Community Events, Other