Glossary Index | Categories | Tagged Terms

Terms with Tag Banking

Contractual Lien -

Debit -

Credit Union (CU) — Acronym,
- A non-profit, cooperative financial institution owned and controlled by the people who use its services, usually a group such as employees in the same company or industry. Credit unions historically have been able to offer lower rates and fees and still operate in the black. Credit unions rely on a financial reserve to absorb unexpected losses from loan defaults or other financial setbacks, and the majority of credit unions carry federal deposit insurance that protects individual accounts up to a specified amount in the event the credit union fails.
➥ Credit unions are member-owned, full service co-operative financial institutions.
Credit Union Atlantic (CUA) — Company, Nova Scotia, Canada,
➥ A Canadian NHA approved mortgage lender.
Credit Union Central Alberta (CUCA) — Company Est. 1967, Alberta, Canada,
➥ A Canadian NHA approved mortgage lender.
Credit Union Central of Canada (CUCC) — Company Est. 1953, Ontario, Canada,
➥ The national trade association for the Canadian credit union system.
Credit Union Central of Manitoba (CUCM) — Company, Winnipeg, Manitoba, Canada,
➥ A Canadian NHA approved mortgage lender.
Credit Union Central of New Brunswick (CUCNB) — Company, New Brunswick, Canada,
Credit Union Central of Ontario (CUCO) — Company, Ontario, Canada,
➥ Now referred to as the Credit Unions of Ontario. A Canadian NHA approved mortgage lender that offers all lending types.
Credit Union Central of Saskatchewan (CUCS) — Company Est. 1938, Regina, Saskatchewan, Canada,
- A financial management co-operative that provides research, consulting, and developmental support to credit unions in Canada.
➥ Now called SaskCentral. A Canadian NHA approved mortgage lender.
Credit Union Deposit Guarantee Corporation (CUDGC) — Company, Alberta, Canada,
➥ Monitors and regulates the performance of credit unions in Alberta.
Credit Union Deposit Insurance Corporation (CUDIC) — Company, British Columbia, Canada,
➥ Guarantees all deposits and non-equity shares of British Columbia credit unions.
Credit Union Institute of Canada (CUIC) — Company Est. 1972, Canada,
➥ A national designation and accreditation institute controlled by CUSOURCE Credit Union Knowledge Network for the Canadian credit union system.
Credit Union Insurance Services Association (CUISA) — Company Est. 1984, Vancouver, British Columbia, Canada,
Credit Union Member Insurance Society (CUMIS) — Company, Ontario, Canada,
- Jointly owned by Co-operators Life Insurance Company and Central 1 Credit Union, CUMIS partners with credit unions in Canada to offer insurance, group retirement plans and other financial products.
➥ Provider of insurance-related products and services to the Canadian credit union system.
Credit Worthiness — Definition,
- How likely an individual or entity is to default on their debt.
Creditor — Definition,
- One who is owed money.
Creditor Insurance — Definition,
- Insurance that repays debt if the borrower cannot.
Creston & District Credit Union (CDCU) — Company Est. 1951, British Columbia, Canada,
➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
Critical Consumption Level (CCL) — Acronym,
Crocus Credit Union — Company, Manitoba, Canada,
➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
Crossroads Credit Union — Company, Saskatchewan, Canada,
➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
Crosstown Civic Credit Union — Company, Manitoba, Canada,
➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
Current Account (CA) — Acronym,
➥ More commonly referred to as a chequing account here in Canada.
Current Account Deficit (CAD) — Acronym,
Current Account Savings Account (CASA) — Acronym,
Current Ratio — Definition,
- A method of determining an entity's liquidity and its ability to cover its current liabilities.
Current Yield — Definition,
- The annual increase in the value of an investment, usually expressed as a percentage.
Customer Deposit (CD) — Acronym,
➥ Bank account transaction code.
Cypress Credit Union — Company, Saskatchewan, Canada,
➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
Dauphin Plains Credit Union (DPCU) — Company Est. 1940, Manitoba, Canada,
➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
Debden Credit Union — Company, Saskatchewan, Canada,
➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.