Ottawa Women’s Credit Union

Impact Areas:

n/a

Abbreviation:

OWCU

Website:

Funding Amount:

Various

Geographic Area:

Ottawa, Ontario

Summary:

Cooperatively owned credit union of 1000+ members and their families. OWCU offers a full spectrum of services including on-line banking. It is the only financial institution operated by women in Canada.

Investment Type:

Line of credit

Key Features:

Community committment. We routinely lend money to members with low incomes or few traditional financial assets and who are repeatedly turned away from traditional financial institutions. We also provide emergency loans to members in crisis. Our experience has shown that these loans have a consistently high rate of repayment equalling that of traditional loans, proving that our investment makes financial sense.

Client Group:

Women