Thursday, April 14, 2022

Supporting Ukrainians arriving in Canada from war-torn Ukraine


We are offering no-fee bank accounts, debit cards and credit cards* to Ukrainians arriving in Canada under the Authorization for Emergency Travel to help them establish a financial base in Canada.

UCU Welcome Ukraine Package

To help the newly arriving Ukrainians resettle in Canada we put together a Welcome Ukraine Package and waived the fees for key financial products and services. Our trained Ukrainian-speaking staff will be on hand – in our branches and on the phone from our Control Centre - to help with the set-up process.

The new Welcome Ukraine Package is for adults, 18+, and includes:

Bank Account

  • No-fee Chequing Account – including free cheques
  • No-fee Savings Account – earn interest on your savings   
  • $150 cash gift – deposited on your behalf to the UCU Shares account

Debit Card

  • No-fee Debit Card - for ATM cash withdrawals and in-store purchases
  • $500 daily ATM debit card withdrawal limit
  • $750 daily in-store debit card withdrawal limit   

Credit card

  • Pre-approved Credit Card*$1,500 credit limit and no annual fee

           *Conditions apply and are subject to change

International Wire and Money Transfers

Fees waived when sending money to family or friends in Ukraine

Full List of UCU Products and Services

Accounts and Cards

  • Chequing Accounts
  • Savings Accounts
  • Debit Cards
  • Credit Cards
  • Deposit Insurance

Virtual Services

  • Virtual Accounts
  • Internet Banking
  • Mobile Banking
  • Contact Centre Support

Transfers

  • eTransfers
  • Wire-Transfers
  • Western Union

Payments

  • Mobile Phone
  • Online
  • In Branch

Loans

  • Personal Loans
  • Car Loans
  • Mortgages

Other services

  • ATM Network
  • Safety Deposit boxes
  • Currency Exchange
  • Investments

UCU – A Canadian Financial Institution

UCU is a Canadian financial institution established in 1944. UCU conducts all business and holds all its assets in Canada and has connections to the international banking network. Deposits in all savings and chequing accounts are protected and insured up to $250,000 by the Financial Services Regulatory Authority of Ontario (FSRA).

About UCU

For over 75 years, UCU has provided competitive financial products and services to Canadians. Our UCU Online and Mobile Banking platforms are safe and secure with up-to-date security features designed to protect your financial information.

We also serve our broader community both in Canada and Ukraine. We continue to support the maintenance and growth of Ukrainian cultural and community life in Canada as we continue to support all organizations and people who fight to preserve the freedom and sovereignty of Ukraine.

Visit our website to open an account.

               

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