Welcome to BCU —
your partner on your financial journey

More than 70 years of legacy guiding us forward

Today — Growth and innovation

Today BCU remains on a path of continuous growth and innovation. We're opening new branches, expanding our community connections, and enhancing services to ensure they're as convenient as possible.

Milestones:

2024 — First BCU Banking Centre at Starsky in Hamilton opened
2024 — Online appointment booking system was launched
2024 — BCU Wealth Management, Insurance and Foundation pushed the provincial boundaries to Manitoba, opening offices in Winnipeg
2024 — New and improved online marketplace for financial products

2010s — Advancing technologies

The 2010s were all about digital transformation at BCU Financial. We saw assets surpass $500 million. Key upgrades included our mobile banking app, E-Transfer system, and a rebrand to BCU Financial.

Milestones:

2010 — Newlyweds Account introduced
2011 — BCU Mobile banking and app is introduced
2014 — E-Transfer System launched
2015 — BCU Insurance Inc. started offering home, auto, and commercial coverage
2019 — Buduchnist Credit Union rebranded as BCU Financial
2019 — BCU Financial starts renovation of Toronto Head Office

2000s — BCU Financial Group

The new millennium opened the path into a new strategic direction — the formation of the BCU Financial Group which included initially Buduchnist Credit Union, BCU Wealth Management, and BCU Foundation, with BCU Insurance to follow. For the credit union, it brought online banking, a network of ATMs, and branches in North Torontoand Oakville.

Milestones:

2002 — BCU Wealth Management was launched as a separate investment arm
2002 — BCU Foundation was granted its charitable status
2003 — New Hamilton Branch location opened
2006 — Official public launch of BCU Foundation took place in Toronto. North Toronto Branch opens.
2007 — BCU joins the Exchange Network of ATMs across Canada
2009 — BCU Insurance Services Limited was launched offering life, disability, and group insurance

1990s — Banking convenience

The 90s were transformative: new branches in Ottawa and Hamilton, ATMs and Interac introduced, assets doubled to over $200 million and $500,000 paid out to our members.

Milestones:

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
1999 — Assets exceed $200 million

1980s — Branch expansion

The 80s were buzzing with new branches! We opened in Scarborough and Mississauga and launched our BCU credit card. A new financial milestone was reached when assets exceeded $100 million.

Milestones:

1985 — Scarborough Branch opens
1986 — Mississauga Branch opens
1988 — Assets exceed $100 million
1989 — BCU credit card introduced

1970s — Computerized banking

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

Milestones:

1977 — Computerized banking system installed
1977 — Bloor St. West Branch opens

1960s — Steady growth

We continued to grow, offering new services like children's education funds. At that time our membership increased by 55% and financial assets increased by 35%.

Milestones:

1960 — Introduced children’s education funds

1950s — Foundation building

25 dreamers, $22,000, and a mission to build a community-focused credit union. By 1957, we surpassed $1 million in assets and rolled out chequing and mortgage services.

Milestones: