2002 Ukrainian Canadian Credit Unions

Download the 2002 Ukrainian Credit Unions Report

There were 13 Ukrainian Credit Unions in Canada located in five provinces, including Quebec, Ontario, Manitoba, Saskatchewan, and Alberta. This number remained unchanged from 2001. Their total assets were $965 million and represent an increase of 4.0% from the previous year. Total membership increased marginally by 0.5% to 67,524 averaging $14,282 assets per member. Ukrainian Credit Unions returned just over $2.2 million in dividends and patronage payments to their members or 33% of their net income before taxes. Ukrainian Credit Unions were very well capitalized with a capital to assets ratio of 7.40%.

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