*UPDATED TO REFLECT CORRECT CREDIT UNION
For those of you who’ve sought refuge from FATCA at YNCU, you may be interested to know (if you don’t already) that the Ontario-based credit union has grown after a recent merger with
First Ontario Credit Union Community First Credit Union.
Total assets for YNCU now total about $1.5 billion which greatly exceeds. Looks like things were finalized in April, 2016.
I’ve seen no recent updates on FATCA reporting at YNCU, nor about LCB registration.
If you know something about the credit union’s status – please advise in the comments.
And if you know of a “failsafe” (or something close to it in FATCA terms) credit union that’s not named “My Bedroom Mattress” feel free to share.