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
Download the 2011 Ukrainian Credit Unions Report Ukrainian Credit Union’s Penetration of Ukrainian Population (2011 Census) and Mother Tongue Population (2011 Census) in Canada
Download the 2010 Ukrainian Credit Unions Report There are now 7 Ukrainian Credit Unions in Canada located in four provinces, including Quebec, Ontario, Manitoba and Saskatchewan, after So-Use Credit Union agreed to a merger with Ukrainian Credit Union which became effective October 31, 1010. The number was reduced by one from 2008 due to St. Read more about 2010 Ukrainian Canadian Credit Unions[…]