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VISION STATEMENT

Recognized Leader in the Communities We Serve

MISSION STATEMENT

Empower our Community to Achieve Financial Wellness and Prosperity

Board of Directors

Andrew Tarapacky - Chair

Ihor Kozak - 1st Vice Chair

Paul Biszko

Irene Hryniuk

Roman Kulyk

Nadiya Kuz

Bohdan Leshchyshen

Oleh Leszczyszyn

Stefan Steciw

Roman Medyk - Honorary

History

Buduchnist Credit Union opened its doors on May 29, 1952, with 162 members and over $22,000 in assets. It was founded by 25 forward-thinking Ukrainians who immigrated to Canada after WWll. Their mission was to create a financial cooperative whose combined assets would benefit both its members and the larger Ukrainian community in Canada. From its humble beginnings in an office on 140 Bathurst St. in Toronto, to a modern, full-service, multi-branch Ontario-wide financial institution, Buduchnist Credit Union has grown to become the largest Ukrainian Credit Union in Canada and the largest ethnic credit union in Ontario.

Buduchnist Credit Union by Decade

– In less than 10 years, Buduchnist Credit Union experienced rapid growth in both membership and assets. It grew from 162 members to over 1,000 in three years, with its assets ballooning from $22,000 to well over $1 million. Buduchnist Credit Union also expanded its member services by adding chequing and mortgage services to its list of financial products.

-1952 – Buduchnist Credit Union was granted an Ontario provincial charter

-1955 – Chequeing system introduced to members

-1955 – Obtained a license to offer mortgages to members

-1957 – Assets exceed $1 million

– Buduchinist Credit Union continued its steady growth. Membership increased by 55% and financial assets increased by 35%.

-1960 – Introduced children’s education funds

– The 1970s were the beginning of expansion and modernization at Buduchnist Credit Union. A computerized banking system was installed to better serve its members and the Bloor St. Branch opened in the heart of the Ukrainian Village in Toronto.

-1977 – Computerized banking system installed

-1977 – Bloor St. West Branch opens

– Expansion continued with the opening of two new branches. A new financial milestone was reached when assets exceeded $100 million.

-1985 – Scarborough Branch in St. Peter and Paul Seniors’ Residence opens

-1986 – Mississauga Branch opens

-1988 – Assets exceed $100 million

-1989 – BCU credit card introduced

– Buduchnist Credit Union bought and renovated a building on Bloor St. to house the new Head Office and Toronto Branch. It also opened branches in Ottawa and Hamilton, expanding its reach in Ontario. It introduced ATMs and the Interac System, making it more convenient for members to bank. A Patronage Plan was created to return profits to all Buduchnist Credit Union members and assets doubled to exceed $200 million.

-1990 – Ottawa Branch opens

-1991 – New Bloor St. W. Toronto Head Office and Toronto Branch opens

-1992 – ATM and Interac system are introduced

-1998 – Hamilton Branch opens

-1998 – Patronage Plan introduced to return Buduchnist Credit Union profits to its members

-1998 – Buduchnist pays out $500,000 to its members

-1999 – Assets exceed $200 million

– A new century brought more innovation and expansion to Buduchnist Credit Union. Online services and products were introduced to provide even more convenient banking options. Access to thousands of ATMs across Canada and the USA offered through the Exchange Network. Three new Branches were opened and assets grew to over $315 million. </p>

<p>-2001 – BCU Link introduced – providing members 24 hour access to BCU services </p>

<p>-2003 – Conquest Student Account introduced </p>

<p>-2003 – New Hamilton Branch location opened</p>

<p>-2004 – Buduchnist donates $500,000 to BCU Foundation </p>

<p>-2004 – Assets exceed $315 million </p>

<p>-2006 – North Toronto Branch opens </p>

<p>-2006 – High interest online “BCU Link Savings Account” introduced </p>

<p>-2007 – Joins the Exchange Network of ATMs across Canada </p>

<p>-2009 – Tax-Free Savings Account introduced </p>

<p>-2009 – Oakville Branch opens </p>

– Buduchnist Credit Union continued with its fast paced implementation of technological advancements. A new mobile app and E-Transfer system were introduced, allowing members the option of banking on their smart phones. A new financial milestone was reached when assets exceeded $500 million and Buduchnist Credit Union was rebranded as BCU Financial.

-2010 – Newlyweds Account introduced

-2010 – Assets exceed $500 million

-2011 – BCU Mobile banking and App is introduced

-2014 – E-Transfer System launched

-2015 – BCU Link App redesigned for Android and iOS

-2019 – Buduchnist Credit Union rebranded as BCU Financial

-2019 – BCU Financial launches internet banking and phone banking services

-2019 – BCU Financial introduces new Interac Flash Member Cards

-2019 – BCU Financial starts renovation of Toronto Head Office

Annual Reports

Click on the year below to download a copy of the Annual Report.

Careers

Accounting Clerk

Multiple Locations: Mississauga, ON Posted Date: May 31st, 2021

Overview:
Buduchnist Credit Union, carrying on business as BCU Financial, is looking for a detail-oriented person to join our financial institution. We are accepting applications for the full-time position of Accounting Clerk. The successful applicant will perform a variety of basic accounting and administrative procedures relating to credit union accounts. These procedures include processing entries to the general ledger, retrieving items posted to member accounts, balancing and reconciling general ledger and credit union accounts, maintaining program schedules, reporting, extracting and compiling financial data on request and maintaining related records.

For the full job description: click here

Please submit all applications to Chrystyna Bidiak, Human Resources at Chrystyna.Bidiak@bcufinancial.com


Teller (Casual Part-time)

Location: Ottawa Posted Date: May 28th, 2021

Overview:
Buduchnist Credit Union, carrying on business as BCU Financial, is actively seeking a part-time teller to join our team on a casual basis. This position processes routine cash related member transactions such as deposits, withdrawals, loan and utility payments, term deposit renewals, registered plan transactions, calculations of foreign and domestic exchanges, and cheque cashing. All transactions are facilitated using computer systems. The position requires the diligent execution of standard and prescribed procedures to effectively fulfill assigned responsibilities.

For the full job description: click here

Please submit all applications to Chrystyna Bidiak, Human Resources at Chrystyna.Bidiak@bcufinancial.com


IT Technical Support

Multiple Locations: Mississauga, ON (partially remote) Posted Date: May 17th, 2021

Overview:
The overall responsibility assigned to this position is to support BCU Financial Group’s commitment to the delivery of application solutions to optimize business to business, business to customer and business to employee collaboration. The IT Technical Support will be responsible for fulfilling end-user requests, assisting with all upcoming moves of equipment, helping with ticketing system, and providing support to IT Ops in other needed tasks/ projects. This individual reports to the Director of Technology, BCU Financial Group.

For the full job description: click here

Please submit all applications to Chrystyna Bidiak, Human Resources at Chrystyna.Bidiak@bcufinancial.com


Teller (Casual Part-time)

Multiple Locations: Mississauga & Toronto Posted Date: April 21st, 2021

Overview:
Buduchnist Credit Union, carrying on business as BCU Financial, is actively seeking a part-time teller to join our team on a casual basis. This position processes routine cash related member transactions such as deposits, withdrawals, loan and utility payments, term deposit renewals, registered plan transactions, calculations of foreign and domestic exchanges, and cheque cashing. All transactions are facilitated using computer systems. The position requires the diligent execution of standard and prescribed procedures to effectively fulfill assigned responsibilities.

For the full job description: click here

Please submit all applications to Chrystyna Bidiak, Human Resources at Chrystyna.Bidiak@bcufinancial.com


Commercial Account Manager

Location: Mississauga, Ontario Posted Date: April 19th, 2021

Overview:
BCU is actively seeking a full-time Commercial Account Manager who will be responsible for the overall management of a portfolio of commercial credit having a broad range of complexity and value. The Commercial Account Manager is a professional who understands the importance of building and nurturing relationships with the community and with BCU members. This position will manage a diverse portfolio and understand the unique needs of our members. The Commercial Account Manager will seek to grow the size and profitability of the commercial book while minimizing loan risk and maximizing product cross-selling penetration. This individual will enjoy a fast-paced exciting environment with a commitment to achieving results.

For the full job description: click here

Please submit all applications to Chrystyna Bidiak, Human Resources at Chrystyna.Bidiak@bcufinancial.com


BCU Financial Group is an equal opportunity employer dedicated to building an inclusive and diverse workforce. BCU Financial Group provides accommodations during the recruitment process upon request. Requests received relating to accommodation will be addressed confidentially.

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