Taking care of your business

No matter the size of your business, we offer cost-effective banking services tailored to your own unique needs and goals.

Credit unions: The best choice for business

According to a recent report from the Canadian Federation of Independent Business (CFIB), small businesses in Canada are more satisfied with credit unions than they are with banks.

More than 12,000 small and medium-sized enterprises (SMEs) were surveyed about their overall satisfaction with the services they receive from their primary financial institution. Specifically, they were asked to rate the categories of financing, fees and service.

Small businesses with five to 49 employees scored credit unions eight out of a possible ten points, compared to 7.5 for the highest-rated chartered bank.

Credit unions fared even better with micro-businesses, or those with less than five employees. Credit unions received a rating of 7.5 points, well-ahead of the next best score (5.5) for a chartered bank.

 


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