Credit Unions

Welcome to our guide on the best banking options in beautiful British Columbia! Whether you’re a resident, newcomer, or visitor in search of reliable financial institutions, we’ve got you covered. From major national banks to local credit unions, we’ve carefully curated this list to help you find the perfect banking partner to meet your financial […]

When selecting the right bank to partner with, making the right choice can be a daunting task. Perhaps you seek an all-inclusive banking solution covering chequing, savings, investments, and credit cards. If so, the decision-making process can become even more difficult. That’s where our review comes in. Hardbacon has thoroughly examined most of the banks […]

There are more than 40 banks and 210 credit unions and caisses populaires operating in Canada today. While they are both financial institutions providing banking solutions to their customers, however, there are fundamental differences between credit unions and banks.  Whether it’s their ownership and governance structures, values, user experience or regulation, the differences and similarities […]

Why does Canada have both credit unions and traditional banks? It’s a good question with a history of protection and inclusion that remains relevant today. In fact, that’s why credit unions in Canada are not only surviving, they are thriving!  You see, a country’s financial institutions dictate its economy, and the more significant the monetary […]

In the heart of Canada’s big-sky country, one province will always feel like home to me – even though my time there wasn’t long enough. Saskatchewan is where I kicked off my career in finance, but more importantly, it’s where I learned the value of a people-before-profits banking philosophy. That’s why certain banks in Saskatchewan […]

No one is immune to the possibility of a bank or credit union failure, no matter how unlikely it may seem. That’s where Canada Deposit Insurance Corporation (CDIC) comes in because the risk of a bank run is low but never zero. Force majeure or not, the CDIC protects your money by providing deposit insurance […]