TORONTO, Aug. 31 /CNW/ - DUCA Financial Services Credit Union Ltd. was
established on May 5, 1954. The organization was started by 20 members
and held $236 in assets. Now, 56 years later, DUCA has grown to a
membership of 35,000 served from 12 locations in Southern Ontario and
has reached assets of over $1 billion (a milestone that was reached on
July 31, 2010).
"This is a great moment for our credit union, our members and
employees," stated JackVanderkooy, DUCA's President and CEO. "This
credit union has come a long way from our humble beginnings. What
started as a small group of immigrants coming together to help each
other with their financial needs has grown to so much more. Now,
thousands of people from across Southern Ontario are coming to us for
all of their banking requirements."
"I believe people today are not only looking for competitive rates and
low service charges, they are looking for strong corporate values.
People want to deal with institutions they can trust, people who can not
only help them with their banking needs but that are active in the
communities they live in. I believe people view DUCA as that type of
organization. This has always been our vision." says Mr. Vanderkooy.
SOURCE DUCA Financial Services Credit Union Ltd.
For further information: For further information: For more details on this press release, please contact Jack Vanderkooy, President & CEO, at (416) 590-2370