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FirstOntario has a strong and proud history. FirstOntario's philosophy of personalized service backed by relevant products and services will always be of paramount importance to us. FirstOntario Credit Union offers banking, investments, insurance and business services through the Internet, telephone, and its seventeen branches operating in the Niagara Peninsula, Greater Hamilton region, Oakville, Burlington, and southwestern Ontario.

Founded: 1939
Employees: 290
Head Office: Hamilton, ON
Regional Office: St. Catharines, ON
2008 Assets Under Admin: Over $2.4 Billion
Members: Over 73,000

 

June 2010

Media Release - FirstOntario Credit Union becomes first Canadian financial institution to use Personal Assisted Teller.

 

It’s time to celebrate and have some family fun!

Join us at our new Centre on Barton branch for free ice cream, snacks and fun activities for the whole family. You'll also have a chance to win your share of the $5,000 in bonus cash we’ve loaded into our new PAT (Personal Assisted Teller) machine.

 

Saturday, June 26

11 a.m. to 2 p.m.

Centre on Barton, 1299 Barton Street East (view map)

 

We'll see you there!

 

May 2010

Media Release - Chairwoman of FirstOntario Board of Directors honoured with Hamilton's Women of Distinction Award for 2010.

 

Media Release - FirstOntario and Community Supporters launch Micro Loan Program to foster innovation and an entrepreneurial spirit in the Hamilton community.

 

Media Release - FirstOntario Credit Union honoured for ground-breaking Community Assistance Program with the 2010 National Credit Union Innovation Award.

 

 

April 2010

Important Changes to Service Fees

 

On June 1, 2010, we'll be making some changes to our service fees, like giving you free access to over 2,400 banking machines across Canada with THE EXCHANGE® ATM Network.


Click here
for full details.

 

 

March 2010

Member Dividends and Credit Union League Dues

FirstOntario recently celebrated our continued success by paying out a $5 dividend on Member shares . With over 71,000 Members, this dividend is our way of saying “Thank you” for believing in, and supporting FirstOntario. Together we will continue to see even more success.

At our 2009 Annual General Meeting, our membership voted in favour to increase the number of shares that Members are required to hold in FirstOntario from 23 shares up to 30 shares.

Since our Membership voted to increase Member share requirements, this year's dividend was used to purchase an additional Member share for each Member.

FirstOntario will also once again pick up the tab for each Member's annual credit union league dues. Annual dues enable shared access to automated tellers, point of sale debit card purchases, cheque clearing services and other electronic financial transactions in Canada.

If you have questions and would like to have a chat about your Member dividend, please contact your local branch by calling 1-800-616-8878.

 

February 2010

FirstOntario introduces the ACT Foundation to the Niagara Region. Click here for more details.

Media Release - FirstOntario and Living Rock host most successful Soupfest to date.

 

January 2010

Media Release - FirstOntario’s Hamilton and Burlington Branches accepting hygiene product donations to support Living Rock.

 

December 2009

Media Release - FirstOntario rocks at Living Rock with a makeover to remember.

Media Release - FirstOntario and Living Rock join forces to “stir up” support for youth-at-risk with Soupfest VIII.

 

Board Election Results

All of us at FirstOntario wish to congratulate Ken Bolton, Sandra Gribben, Ron Ness and Sandy Shaw who have all been re-elected for a new term. A special welcome to Otto Penner who once again returns to our Board of Directors.

 

Name Votes
Ken Bolton
2,493
Marcel Dumoulin
1,985
Sandra Gribben
2,525
Ron Ness
2,335
Otto Penner
2,043
Sandy Shaw
2,314

 

Congratulations to Jozefa Bajec, Member of the stoney Creek Branch for winning our Vote By Mail draw.  Jozefa won a $500 Term Deposit from FirstOntario.  It pays to exercise your right to vote! 

 

November 2009

It's time to celebrate!

Bring the whole family to our indoor carnival and help us celebrate the grand re-opening of our newly renovated Brant Street branch located at 895 Brant Street in Burlington (corner of Brant and Fairview).

Join us from 11:00 a.m. until 1:00 p.m. on Saturday November 21, 2009 and enjoy games, food, face painting, prizes and fun for the whole family. See you there!

 

Calling All Members! Please join us at our Annual General Meeting.

Date: Wednesday, December 2, 2009

Time: Registration begins at 6:15 p.m. , Start 7:00 p.m.

Location: Grand Olympia Hospitality & Convention Ctr. (click on link to view map), 660 Barton Street, Stoney Creek, ON

Click here to view the complete Notice of Annual General Meeting.

Please note: Only FirstOntario Members may attend this meeting.

 

October 2009

Keeping you safe this flu season

FirstOntario has taken important measures to safeguard and protect our Members this flu season. We are doing everything possible to ensure we keep the H1N1 virus from spreading within FirstOntario. for your protection, all FirstOntario branches are equipped with hand sanitation units. Wwe also advocate a stay at home policy for all sick employees.

Click here to find out what you can do to protect yourself in the event of a pandemic.

 

Media Release - FirstOntario Corporate Restructure

 

As a FirstOntario Member, it's your right to vote.

Our annual Vote By Mail campaign is your opportunity to choose the candidates you feel will best fulfill important roles on FirstOntario 's Board of Directors. Voting packages will arrive with your Firstontario banking statement in October. If you don't normally receive a statement, don't worry, we'll be mailing a voting package to you as well. This year we have 5 positions available. The nominees are Ken Bolton, Marcel Dumoulin, Sandra Gribben, Ron Ness, Otto Penner and Sandy Shaw. To find out more information about this year's nominees, Click here . Mail in your Member ID form and your completed ballot by November 12, 2009 and you could win a $500 investment with FirstOntario. Click here for complete contest rules and regulations. Election winners will be announced at our Annual General Meeting on December 2, 2009.

 

September 2009

Media Release - Vote for FirstOntario in the Reader's Choice Awards.

 

August 2009

Important changes to Business Service Fees effective September 1, 2009 - Click here for details.

 

July 2009

Calling All Members - Notice of Nomination Period for Board of Directors Election

Important Dates

Nomination Period Opens:  July 6, 2009

Nomination Period Closes: August 24, 2009

 

June 2009

Media Release - FirstOntario invites our communities to help “Make It Seven”.

 

Media Release - FirstOntario Hits Home Run With 3 AIME Awards.

 

Hamilton Spectator readers know a diamond when they see one.

Congratulations go out to all staff at FirstOntario’s Hamilton branches. Our Hamilton branches were honoured as a Diamond Winner in the Hamilton Spectator’s Reader’s Choice Awards for 2008. The Reader’s Choice Awards is an annual program that invites Hamilton Spectator readers to recognize businesses and services that go above and beyond the call of duty. There are three levels of distinction for these awards - Platinum, Diamond and Gold. FirstOntario is a proud Diamond Winner in the Bank/Credit Union/Trust Co. category. This award is a great validation of FirstOntario’s valued presence in the Hamilton region.

 

May 2009

At FirstOntario, we take the health and safety of our Members and employees seriously. Due to the current outbreak of the H1NI Flu (a.k.a. Swine Flu), FirstOntario will now provide hand sanitizer at teller wickets at all FirstOntario branches. These actions are part of our ongoing commitment to putting YOU first!

 

April 2009

Media Release - Out of work, not out of options. FirstOntario offers free services to those out of work including job search resources, resume tools, financial advice and more.


Media Release - FirstOntario donates $5,000 to support Club Roma Earthquake Fund and challenges others in the community to donate.

 

FirstOntario Introduces Community Assistance Program

FirstOntario is pleased to offer a Community Assistance Program to help those in our communities who are impacted by layoffs and cutbacks due to recent downturns in our economy. This free program not only helps you take care of your financial needs, it also helps you get back in the job market. It is important to know, that while you may be out of work, you are not out of options.

If you have experienced a layoff or cutback, we urge you to come in and speak to us soon. By dealing head-on with financial setbacks, you will be better positioned to ride out these circumstances. We can work closely with you to look at your financial situation and tailor a solution that best fits your needs. Click here for more details.

 

March 2009

Media Release - Firstontario is committed to helping Stelco employees.

 

Member dividends and Credit Union League Dues

One of the differences between credit unions and banks is the Member Dividend. This year, FirstOntario will  be paying out a $5 dividend to eligible Members. This dividend represents a substantial return of funds to our Members. Dividends are being credited to the chequing or savings accounts of eligible Members this weekend and will be reflected in March statements. This dividend amount will be transferred to the Share Account of Members who are still accumulating required FirstOntario membership shares.

FirstOntario is also pleased to once again pick up the $3.50 tab for each Member's annual credit union league dues. Annual dues enable shared access to automated tellers, point of sale debit card purchases, cheque clearing services and other electronic financial transactions in Canada.

For more details, please call 1-800-616-8878 or ask at your local branch.


February 2009

FirstOntario gets help from "Creative Kids" in Burlington. Click here for details.

The Canada Revenue Agency warns Canadians of mail scam. Click here for details.

Click here to find out how you can take advantage of some of the exciting tax measures announced in the 2009 Federal Budget.

 

January 2009

View the latest market update from FirstOntario's President and C.E.O. Click here.

Click here to view the minutes from our 9th Annual General Meeting.

 

December 2008

FirstOntario Member wins $10,000 by Thinking First.

Golden Age Club Trip Opportunities

"Kids Helping Kids" Calendar is now available! 

 

FirstOntario Welcomes New Board Members

All of us at FirstOntario wish to extend a warm welcome to our two newest board members, Lucy Morton and Vincent Kerrio. Congratulations to Catherine Rogers and Alan Bratton who have been re-elected for a new term.

The election results were as follows:

Alan Bratton           3,318

Rick Cracknell        1,898

Vincent Kerrio        2,445

Lucy Morton           3,212

Catherine Rogers   3,351

 

Congratulations to Gordon Pilkington, Member of the Welland Branch for winning our Vote By Mail draw.  Gordon won a $500 Term Deposit from FirstOntario.  It pays to exercise your right to vote! 


November 2008

2008 Financial Reports are now available

 

October 2008

FirstOntario Annual General Meeting to be held December 3, 2008. Learn More

The New Tax Free Savings Account - Coming in January 2009. Learn More

Market Update from President & CEO, Kelly McGiffin Click here

Your Credit Union – Shelter From The Financial Storm

Every day, new headlines broadcast the latest financial furor south of the border. While financial markets falter, Canada's credit union system remains strong and calm, protected by well designed lending policies and sound regulatory structures. And although Canada's economic outlook has dimmed, credit union Members can rest assured their money is safe and their credit union is secure.

 

In Ontario alone, the credit union system saw assets grow to almost $19 billion and deposit levels rise to over $16 billion by the end of 2007. As well, the majority of our deposits come from local credit union Members – not global capital markets – so our deposit base remains stable relative to other financial institutions in Canada, the U.S. and elsewhere.

 

Your credit union is committed to upholding and strengthening key policies that protect our Members as the market swings and sways. We are sticking to our ‘no sub-prime mortgages' policy, avoiding a major lending risk that is considered a chief cause of the current turmoil in the U.S. We are also continuing to make prudent loans to our Members where we live, work and serve, helping keep our loan delinquency rates exceptionally low while supporting strong communities. As well, we're maintaining high levels of capital reserves.

 

The Deposit Insurance Corporation of Ontario (DICO) provides deposit protection for all eligible deposits held at Ontario credit unions. Deposit insurance is part of a comprehensive protection program in all Ontario credit unions. For more information, visit the Deposit Insurance Corporation of Ontario website at www.dico.com/DICOpublic.nsf/Main/Brochure2003English?OpenDocument

 

A number of Members have approached us in recent weeks with valid concerns over the safety of their money. We have listened to you and have put together some answers to those important questions. For more information about how the credit union system safeguards our Members, click here.

 

Kelly McGiffin

President & CEO

 

August 2008

Simcoe Branch Grand Opening Success!

FirstOntario announces 2008 Busary Award recipients

Canadian Central Warns Of Fraud Attempts. Learn More

 

July 2008

Call for Nomination to the FirstOntario Board of Directors

 

Can I See Some ID Please?

For your protection, as part of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, all financial institutions are required by law to ask you for ID . By supplying us with this information when requested, you support the fight against money laundering and terrorist financing. LEARN MORE

 

June 2008

Changes To Online Banking

Starting today you will notice an exciting change to our online banking. We now have links to 2 types of banking. Personal Internet Banking for our Members taking care of their personal finances and Business Internet Banking for our Business Members. If you are a Business Member and want to start managing your business finances online, please visit your branch to be set up.

 

Business Internet Banking Goes Live

FirstOntario is very pleased to now offer online banking for our Business Members. Now our Business Members can enjoy the convenience of managing their business finances online - anywhere, at any time. If you are a Business Member and are interested in Business Internet Banking, please visit your branch to get set up today. LEARN MORE

 

April 2008

FirstOntario welcomes 2 new Branch Managers

FirstOntario Helps Students Learn to Save Lives

FirstOntario and CAW Local 199 Ratify a Three Year Contract

One Scarf Can Warm A Community

 

October 2007

New President and CEO Announced

 

July 2007

FirstOntario and COPE Local 343 Agree to Arbitrate

 

January 2007

Credential Direct named Canada's Number One Online Brokerage

 
Those requesting interviews or comments on FirstOntario Credit Union, please contact us by email, telephone or by writing us at:

FirstOntario Credit Union
688 Queensdale Avenue East
Hamilton, ON L8V 1M1

Annual Reports

To view FirstOntario Annual Reports click here.

 

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