Interac will be performing e-Transfer maintenance on
Sunday, January 19th from 4:00am to 6:00am.
Interac e-Transfers will be unavailable for up to 30 minutes during this time.
We apologize for any inconvenience.
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.
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?
Visit interac.ca to learn more.
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.
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.
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.
CRA Business Tax Payments allows members to make the following online tax remittances to Canada Revenue Agency (CRA) from their DDCU online banking:
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.
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.
You can now deposit cheques using our new DDCU Mobile Banking app!
If you already have online banking set up with DDCU, simply go to your app store on your electronic device and search for DDCU Mobile Banking. The app will look like this:
Once you have downloaded the app login with your online banking username and password.
Use the Cheque Deposit icon to deposit a cheque by taking a picture of the front and back of the cheque.
A listing of services available on both online banking and the DDCU mobile banking app are available here.
Have questions about Deposit Anywhere, please review our frequently asked questions and answers.
If you require further assistance please contact us during business hours at 519-923-2400 and we will be happy to assist you.
