Your Neighbourhood Credit Union (YNCU) and Community First, a Division of Your Neighbourhood Credit Union were provincially recognized with the Outstanding Corporate Achievement Award presented by the Ontario Credit Union Foundation (OCUF). The award was presented at the OCUF Annual General Meeting on Thursday, March 30th in Toronto.
The OCUF Corporate Achievement Award is given out annually by the Foundation to a credit union (or company within the co-operative financial system) in recognition of their contributions to the community. The award is given to a company that makes a considerable investment in the community that is above normal expectations. This is the first award that YNCU and Community First have accepted as a merged entity since their amalgamation on April 1st, 2016.
“I can’t imagine a better way to celebrate our one-year anniversary as a merged credit union than to share this award with our staff and members,” says Kerry Hadad, Chief Executive Officer for Your Neighbourhood Credit Union. “This award is the result of the efforts of every single one of our staff who has given their time and made the effort to give back and represent us so well. What makes this award extra special is that it shows that our values as a combined credit union are truly aligned.”
Community First Division President, Brent Lamming, echoed the sentiment. “Giving back to our communities is one of our most important pillars. Winning this award together, our first as a combined organization is a true testament to our shared values as a team. We look forward to continuing to do more in each and every community that we serve, and thank our members and staff for believing in our shared vision of making our communities a better place to live, work, and play.”
YNCU and Community First amalgamated on April 1st, 2016 and the organization became the 6th largest credit union in Ontario, serving approximately 57,000 members through 20 branches and overseeing approximately $1.7 billion in assets.