Parama Credit Union

I had a fantastic experience working with Ina and John at Parama Credit Union. Their service was outstanding, responsive, knowledgeable, and truly supportive from start to finish. They’re especially great with co-op mortgages (very few lenders understand them as well!), but they also offer a wide range of financing solutions. Whether you're buying a co-op or something more conventional, you’ll be in excellent hands. I’m looking forward to working with them again soon!

My experiences at Parama have always been fantastic. I have been banking with this credit union for decades and I honestly can't find anything negative to say. Whenever I come in I am greeted with a smile and by my name (unlike most other banks). I do all of my banking here and hold my mortgage with them as well. Another great thing about Parama is because as a client you are a part owner of the credit union they return back some of the yearly profits as a bonus payment (% based on interest paid on the loan and interest received on savings). If you do find a lower loan rate at another institution Parama will do it's best to meet or beat it. You just have to ask. Also most services are free of charge like cheques, bank card purchases, etc. Check them out. You won't be disappointed!

This Lithuanian Credit Union is very tight-knit and well put together. Many of the workers I've known through Lithuanian camps and, of course, basketball. They're very helpful and considerate folk, who are easy to trust and enjoy doing banking with.