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Alterna Comics
Alterna Savings and Credit Union Limited, commonly called Alterna Savings (), is a credit union based in Ottawa, Ontario, Canada. In addition to its credit union branches in Ontario, it also operates across Canada through its direct banking subsidiary Alterna Bank. Established as the Civil Service Savings and Loan Society, it was the first Canadian approach to cooperative banking outside Quebec. Alterna Bank, launched in 2000, was one of Canada's first financial institutions to operate primarily through digital access. The parent organization adopted the Alterna name on merging with Toronto's Metro Credit Union in 2005. It is the second-largest credit union in Ontario, with C$10 billion in assets under management, over 217,000 members, and 41 branches. History Alterna's major growth event was the 1 April 2005 merger between CS CO-OP and Metro Credit Union. The combined assets were $1.8 billion and the merger was described as the "first of its size to be approved in Ontario h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Union
A credit union is a member-owned nonprofit organization, nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts (savings accounts), share draft accounts (checking account, cheque accounts), credit cards, Credit (finance), credit, share term certificates (Certificate of deposit, certificates of deposit), and online banking. Normally, only a member of a credit union may deposit account, deposit or loan, borrow money. In several African countries, credit unions are commonly referred to as ''SACCOs'' (''savings and credit co-operatives''). Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 375 million, with over 100 millio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quebec
Quebec is Canada's List of Canadian provinces and territories by area, largest province by area. Located in Central Canada, the province shares borders with the provinces of Ontario to the west, Newfoundland and Labrador to the northeast, New Brunswick to the southeast and a coastal border with the territory of Nunavut. In the south, it shares a border with the United States. Between 1534 and 1763, what is now Quebec was the List of French possessions and colonies, French colony of ''Canada (New France), Canada'' and was the most developed colony in New France. Following the Seven Years' War, ''Canada'' became a Territorial evolution of the British Empire#List of territories that were once a part of the British Empire, British colony, first as the Province of Quebec (1763–1791), Province of Quebec (1763–1791), then Lower Canada (1791–1841), and lastly part of the Province of Canada (1841–1867) as a result of the Lower Canada Rebellion. It was Canadian Confederation, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pace Savings & Credit Union
PACE Savings & Credit Union Limited was a Canadian credit union based in Ontario. Pace grew through consolidation of several smaller credit unions in Ontario but the company was placed under administration by Financial Services Regulatory Authority of Ontario (FSRA) (previously the Deposit Insurance Corporation of Ontario) in September 2018 after the regulator found evidence of civil fraud, potential self-dealing by the CEO Larry Smith, and poor governance practices. After leaving administration in January 2020, the credit union went into administration again in November 2020 after the new CEO and several recently appointed directors resigned following the disclosure of additional regulatory problems at subsidiary Pace Securities Corp. On 11 July 2022, the majority of assets and employees of PACE transferred to Alterna Savings following a purchase administered by the Financial Services Regulatory Authority of Ontario. KPMG is overseeing the liquidation of PACE's remaining non-op ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada Deposit Insurance Corporation
The Canada Deposit Insurance Corporation (CDIC; ) is a Canadian federal Crown Corporation created by Parliament in 1967 to provide deposit insurance to depositors in Canadian commercial banks and savings institutions. CDIC insures Canadians' deposits held at Canadian banks (and other member institutions) up to C$100,000 in case of a bank failure. CDIC automatically insures many types of savings against the failure of a financial institution. However, the bank must be a CDIC member and not all savings are insured. CDIC is also Canada's resolution authority for banks, federally regulated credit unions, trust and loan companies as well as associations governed by the ''Cooperative Credit Associations Act'' that take deposits. History The Canada Deposit Insurance Corporation was created 4 March 1967 (under Schedule III, Part 1 of the '' Financial Administration Act'' and ''Canada Deposit Insurance Corporation Act''). It is similar to the Federal Deposit Insurance Corporation i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cooperative Banking
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world. Cooperative banking, as discussed here, includes retail banking carried out by credit unions, mutual savings banks, Building society, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such as cooperative federations) to cooperative businesses. Institutions Cooperative banks Cooperative banks are owned by their customers and follow the Rochdale Principles, cooperative principle of one person, one vote. Co-operative banks are often regulated under both banking and cooperative legislation. They provide services such as savings and loans to non-members as well as to members, and some participate in the wholesale markets for bonds, money and even equities. Many cooperative banks are traded on public stock markets, with the result that they are p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Social Responsibility
Corporate social responsibility (CSR) or corporate social impact is a form of international private business industry self-regulation, self-regulation which aims to contribute to societal goals of a philanthropy, philanthropic, activist, or charitable nature by engaging in, with, or supporting Professional services, professional service volunteering through pro bono programs, community development, administering Grant (money), monetary grants to Nonprofit organization, non-profit organizations for the Common good, public benefit, or to conduct Ethics, ethically oriented business and investment practices. While CSR could have previously been described as an internal organizational policy or a business ethics, corporate ethic strategy, similar to what is now known today as environmental, social, and governance (ESG), that time has passed as various companies have pledged to go beyond that or have been mandated or incentivized by governments to have a better impact on the surrounding ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microcredit
Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically do not have access to traditional banking services due to a lack of collateral (finance), collateral, steady employment, and a verifiable credit history. The primary aim of microcredit is to support entrepreneurship, facilitate self-employment, and alleviate poverty, particularly in low-income communities The United Nations declared 2005 as the International Year of Microcredit to raise awareness of microfinance as a strategy for poverty reduction and financial inclusion. By the early 2010s, microcredit had expanded significantly across developing countries, with estimates suggesting that more than 200 million people were beneficiaries of microcredit services worldwide. While widely adopted, the effectiveness of microcredit remains debated, with mixed evidence on its long-term impact on poverty alleviation. Despite its widespread adoption, the impact of microcredit on poverty al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Socially Responsible Investing
Socially responsible investing (SRI) is any investment strategy which seeks to consider financial return alongside ethical, social or environmental goals. The areas of concern recognized by SRI practitioners are often linked to environmental, social and governance (ESG) topics. '' Impact investing'' can be considered a subset of SRI that is generally more proactive and focused on the conscious creation of social or environmental impact through investment. '' Eco-investing'' (or ''green investing'') is SRI with a focus on environmentalism. In general, socially responsible investors encourage corporate practices that they believe promote environmental stewardship, consumer protection, human rights, and racial or gender diversity. Some SRIs avoid investing in businesses perceived to have negative social effects such as alcohol, tobacco, fast food, gambling, pornography, weapons, fossil fuel production or the military. Socially responsible investing is one of several related con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gary H
Gary may refer to: *Gary (given name), a common masculine given name, including a list of people and fictional characters with the name Places ;Iran * Gary, Iran, Sistan and Baluchestan Province ;United States *Gary (Tampa), Florida *Gary, Indiana * Gary, Maryland * Gary, Minnesota * Gary, South Dakota *Gary, West Virginia * Gary – New Duluth, a neighborhood in Duluth, Minnesota * Gary Air Force Base, San Marcos, Texas * Gary City, Texas Ships * USS ''Gary'' (DE-61), a destroyer escort launched in 1943 * USS ''Gary'' (CL-147), scheduled to be a light cruiser, but canceled prior to construction in 1945 * USS ''Gary'' (FFG-51), a frigate, commissioned in 1984 * USS ''Thomas J. Gary'' (DE-326), a destroyer escort commissioned in 1943 People *Gary (given name), a common masculine given name, including a list of people and fictional characters with the name *Gary (surname), including a list of people with the name * Gary (rapper), South Korean rapper and entertainer * Gary (Argen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bond Of Association
The Bond of Association was a document created in 1584 by Francis Walsingham and William Cecil after the failure of the Throckmorton Plot in 1583. Its purpose was to deter attempts to assassinate Elizabeth I. Contents The document obliged all signatories to execute any person that: *attempted to usurp the throne *successfully usurped the throne *made an attempt on Elizabeth's life *successfully assassinated Elizabeth In the last case, the document also made it obligatory for the signatories to hunt down the killer. Royal approval Elizabeth authorised the Bond to achieve statutory authority. Implications The Bond of Association was a response to the assassination of William the Silent in July 1584, and the continuing threat posed to Elizabeth I by the supporters of Mary, Queen of Scots as a rival claimant to the English throne, in the aftermath of the discovery of the Throckmorton Plot. Mary, Queen of Scots, was herself a signatory of the bond, giving her assent at Wing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Ontario
The Government of Ontario () is the body responsible for the administration of the Provinces and territories of Canada, Canadian province of Ontario. The term ''Government of Ontario'' refers specifically to the executive—political Minister of the Crown, ministers of the Crown (the Cabinet/Executive Council), appointed on the Advice (constitutional law), advice of the premier, and the Nonpartisanship, non-partisan Ontario Civil service, Public Service (whom the Executive Council directs), who staff ministries and agencies to deliver government policies, programs, and services—which Corporate identity, corporately brands itself as the ''Government of Ontario'', or more formally, His Majesty's Government of Ontario (). Role of the Crown , as monarch of Canada is also the King in Right of Ontario. As a Commonwealth realm, the Canadian monarch is Personal union, shared with 14 other independent countries within the Commonwealth of Nations. Within Canada, the monarch exerci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Payday Loan
A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest rates. These loans are typically designed to cover immediate financial needs and are intended to be repaid on the borrower's next payday. The term "payday" in payday loan refers to when a borrower writes a postdated check to the lender for the payday salary, but receives part of that payday sum in immediate cash from the lender. However, in common parlance, the concept also applies regardless of whether repayment of loans is linked to a borrower's payday. The loans are also sometimes referred to as " cash advances", though that term can also refer to cash provided against a prearranged line of credit such as a credit card. Legislation regarding payday loans varies widely between different countries, and in federal systems, between different states or provinces. To prevent usury (unre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
