Executive Summary The financial results of Ukrainian-Canadian credit unions over the last five years has shown consistent profitability, but at a lower level of profitability in 2018 and 2019 primarily due to significantly higher level of allowance for loan losses.  The net income before loan losses remained stable in excess of $15.0 million. Asset quality Read more about 2019 Ukrainian Canadian Credit Union Report[…]

Executive Summary The financial results of Ukrainian-Canadian Credit Unions over the last five years has shown consistent profitability, but at a lower level of profitability in 2016 and 2017 and a significant improvement in 2018. Asset quality as measured by allowance as a % of loans and loan loss provision has increased significantly in 2018 Read more about 2018 Ukrainian Canadian Credit Union Report[…]

Highlights The Ukrainian-Canadian credit unions have continued to support the Ukrainian community in Canada by providing donations, sponsorship and promotions funds to non-profit and charitable organizations for their deserving projects. In 2017, the five Ukrainian-Canadian credit unions have provided $2.664 million in donations, sponsorship and promotion support for many charitable and non-profit organizations in the Read more about 2017 Ukrainian Canadian Credit Union Report[…]

Final-2016-Report Executive Summary The financial results of Ukrainian-Canadian Credit Unions over the last five years have been mixed:  asset quality as measured by allowance as a % of loans and loan loss provision has remained stable at 0.12% of total loans primarily due to a continued lower interest rate environment. Generally, Ukrainian-Canadian credit unions have Read more about 2016 Ukrainian Canadian Credit Union Report[…]

Download 2015 Ukrainian Canadian Credit Union Report The highlights of financial results of Ukrainian-Canadian Credit Unions for 2015 are as follows: Asset quality as measured by allowance as a % of loans and loan loss provision has remained stable at 0.12% of total loans primarily due to a continued lower interest rate environment. Comprehensive net Read more about 2015 Ukrainian Canadian Credit Union Report[…]

Download the 2014 Ukrainian-Canadian Credit Union Report Five Year Results of Ukrainian-Canadian Credit Unions in Canada – 2009-2014 The financial results of Ukrainian-Canadian Credit Unions over the last five years have been mixed: asset quality as measured by allowance as a % of loans and loan loss provision has remained stable at 0.12% of total Read more about 2014 Ukrainian Canadian Credit Union Report[…]

Download the 2013 Ukrainian Canadian Credit Unions Five Year Results of Ukrainian-Canadian Credit Unions in Canada – 2009 to 2013 The financial results of Ukrainian-Canadian Credit Unions over the last five years have been mixed: asset quality as measured by allowance as a % of loans and loan loss provision has improved primarily due to a continued Read more about 2013 Ukrainian Canadian Credit Unions[…]

Download the 2012 Ukrainian Credit Unions Report