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Korean (Toronto) Credit Union Limited

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Korean (Toronto) Credit Union Limited

Overview:

The Korean (Toronto) Credit Union was established in 1976 with the support of our members’ to help in the development of the Korean Community. As a financial institution, we provide various types of banking products such as term deposits, loans, wire transfers, etc. that may be required by individuals and small businesses.

The major difference between credit unions and banks is that you will be a member of the credit union not just another customer at a bank. Credit unions are a more close-knit group of people with a common goal to benefit their credit union and the community it serves. Thus, credit unions only offer services to those who are members, while banks offer their services to just about everyone.

Also our members are more involved in the decision-making process for everyone who is a member owns at least one share in the credit union.

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