Ontario Credit Unions are now able to participate in Bank led loan syndications. Previously, Ontario Credit Unions were able to participate in only in loan syndications lead by a sister provincially regulated Credit Union. The new rules, put in place in December, assist Ontario Credit Unions by facilitating risk diversification, and allowing for increased competition. Read about the new developments in this recent Financial Post article.
Acre can assist your Credit Union in meeting the challenges in today’s marketplace. Let us show you how.